98%
of organisations experienced at least one vendor breach in the last two years.
83%
of legal and compliance leaders say they identified vendor risks only after due diligence.
60%
of companies don’t monitor the security and privacy practices of vendors who they share sensitive information
*Source, Gartner, https://veridion.com/blog-posts/vendor-risk-statistics/
Protect your business from third-party risks
Vendor and third-party risks are a growing challenge for organisations of every size.
Beyond contracts and due diligence, it’s essential to understand the security, compliance and operational vulnerabilities of your external partners.
Advanta Advisory goes beyond traditional consulting by providing a dedicated vendor monitoring and assessment solution delivering real-time insights, clear guidance and actionable recommendations.
Our third-party risk experts help you reduce exposure and build resilience by identifying risks early and supporting stronger vendor management practices. Achieve better protection for your operations, reputation and stakeholder trust.
Enquire about our vendor threat monitoring solution
Stay ahead of third-party risks with real-time insights and expert guidance. Speak with Advanta Advisory to explore how our monitoring solution can strengthen your vendor relationships.
Enquire now
Why vendor risk assessment matters
Vendor relationships are essential to business growth, but they also introduce hidden risks that can escalate quickly if left unmanaged. Consider the following consequences of poor oversight.
Data breaches that expose sensitive information
Compliance failures leading to legal and regulatory penalties
Operational disruptions that impact continuity and customer trust
Taking a proactive approach is a great way to gain competitive advantage and reduce risk. Embed vendor risk assessment into your wider risk management and business continuity framework to strengthen operational resilience and support sustainable growth with trusted partners.
Our vendor threat monitoring solution
Advanta Advisory’s vendor threat monitoring solution combines technology and expertise to provide you with a continuous view of third-party risk, with real-time insights.
Live monitoring
Across 567,000+ global sources
Real-time alerts
Enable your organisation to respond before risks escalate
Quarterly reports
High-level summaries for executives and stakeholders
Plain language commentary
Support internal decision-making
Prioritised recommended actions
For each vendor (Approved, Approved with Conditions, Not Recommended)
Four-tier model and key domains
Gain a well-rounded view of third-party exposure and categorise vendors.
Take the complexity out of vendor risk
Protect your business, support compliance and safeguard your reputation. Gain greater clarity, control and confidence through our tailored, strategic vendor risk services and threat monitoring solution.
Enquire nowYour vendor risk journey, simplified
Managing vendor risk doesn’t need to be complex. Advanta Advisory guides you through a clear, structured vendor risk assessment process that helps you understand your current position and act on findings.
Assess your current position
Identify all vendors and contracts, review risk exposure and evaluate existing controls.
Translate findings into action
Align strategies with compliance requirements and business priorities.
Implement vendor risk frameworks
Introduce policies, procedures and monitoring tools tailored to your organisation.
Ongoing strategic support
Receive expert guidance and adjustments as your business and risks evolve.
Continuous improvement
Regularly review and refine frameworks to stay ahead of emerging risks.
FAQs
What is a vendor risk assessment, and why is it important?
How does Advanta Advisory help manage third-party risks?
Can both existing and new vendors be assessed?
How often should assessments be conducted?
Do you offer ongoing vendor monitoring?
Discover our other services
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Artificial intelligence
From AI policies to Privacy Impact Assessments for tools like Copilot, we help you navigate the risks and responsibilities of AI. Our expertise can support your use of AI in a way that's strategic, ethical and legally sound.
Data governance
Good data governance starts with knowing what you have, where it is and how it's used. We help you put the right guardrails in place to manage risk, protect sensitive data and ensure information flows to support your goals - not expose you to harm.
Ready to strengthen your vendor risk management?
Protect your business, support compliance and gain greater confidence in your third-party relationships. Get in touch to discuss Advanta Advisory’s tailored vendor risk assessments and threat monitoring solution.
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