Healthcare : Supplier Assurance and Risk Assessment
Our client was a healthcare organisation specialising in data analysis to enable hospitals to improve their services and patient outcomes.
They had recently undertaken a security review that highlighted the potential risks from a third party security breach and how this could affect their own operations.
We were engaged by the COO to design and build a robust third party assurance review process.
The Broadgate team of security assurance consultants identified all third party suppliers and conducted a review of all the contracts and the supplier’s security policies and processes to identify any risks in the client’s supply chain.
All suppliers were categorised in terms of criticality and any risks that would significantly affect the client’s operations were remediated.
The client now has a strong third party assessment and governance solution, which allows for onboarding, oversight and offboarding based on a supplier defined process dependent on tiered criticality.
This allows for our client to manage risks appropriately based on the respective supplier services.
Subsequently, our client has reduced the risks associated with their supply chain.