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Third-party Compliance Solution

Enable informed decisions and help your organisation operate securely in an open and collaborative digital world.

Third-Party- Risk- GDPR

The GDPR obliges organisations to safeguard personal data, and extends responsibility beyond their four walls and out to partner organisations. If your company shares data with third parties – for example, for use in credit-risk scoring, market research or payroll activities – you retain joint responsibility for that data, and can be held jointly liable in the event of a breach.

Understanding data-protection risks is hard enough for internal systems. When external organisations come into the picture, each with their own partners, and their partners in turn, the resulting web of dependencies makes it even harder to understand exposure.

For many organisations, monitoring third-party compliance around the GDPR involves significant manual work in getting external partners to complete checklists. The time taken to gather and analyse the information typically makes this an annual exercise, potentially leaving you exposed to risk for months at a time.

To enable informed decisions and help your organisation operate securely in an open and collaborative digital world, the Northdoor Third-party Compliance Solution integrates third-party risk management into your enterprise risk management strategy.

Drawing on a comprehensive framework for identifying and managing digital risks, backed by machine-learning tools that can determine exposure across multiple degrees of relationships, the Northdoor solution automates compliance monitoring to provide an executive view of cyber risk in real time.

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