Built for global customers
Realtime Vendor Cyber Risk
Detect Predict Prevent
Keeping up with regulations shouldn’t slow you down. NexComply streamlines vendor assessments, automates compliance tracking, and helps you mitigate risks with ease, so you can focus on growth.
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Give us a call or fill in the form below and we will contact you. We endeavor to answer all inquiries within 24 hours on business days.
Vendor Risk Management
Why Choose NexComply
Managing third party risk is no longer optional—it’s a necessity. NexComply simplifies vendor risk management by providing a centralized, structured, and proactive approach to vendor risk management. Here’s why NexComply stands out:
Secure your vendor ecosystem before it’s too late
61% of Breaches Originate from Third-Party Vendors
Studies show that 60% of data breaches stem from third-party vulnerabilities. NexComply provides continuous risk monitoring, automated assessments, and compliance tracking to help you prevent security gaps and safeguard sensitive data.
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Give us a call or fill in the form below and we will contact you. We endeavor to answer all inquiries within 24 hours on business days.
Proactively manage risks and avoid financial losses
Companies Face an Average of 5M USD losses in Data Breach Alone
The average cost of a data breach has reached $4.88 million, making proactive Third-Party Risk Management essential. NexComply helps mitigate financial, operational, and reputational risks by ensuring vendors adhere to security and compliance standards.
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Give us a call or fill in the form below and we will contact you. We endeavor to answer all inquiries within 24 hours on business days.
Vendor Risk Simplified
Key Features of NexComply’s Vendor Cyber Risk
Managing third-party risks is no longer optional, it’s a necessity. NexComply simplifies Vendor Cyber Risk by providing a centralized, structured, and proactive approach to vendor risk management. Here’s why NexComply stands out:
Risk Classification & Prioritization
Categorizes third party vendors by cybersecurity risk management, enabling focused assessments using the right third party risk management process.
Customizable Risk Frameworks
Adapt third party vendor risk assessment frameworks to align with policies, ensuring compliance via governance risk and compliance software.
Automated Due Diligence
Streamlines vendor due diligence and screening to reduce onboarding risk and meet enterprise information security standards.
Risk Scoring & Dashboards
Displays real-time third party risk software scores and gaps to enhance decisions and improve your vendor cyber risk program.
Compliance Tracking
Monitors GDPR, ISO 27001, SOC 2 vendor management, and more using built-in grc software and governance risk compliance tools.
Incident Response
Triggers alerts and workflows to address breaches, enabling fast action and supporting cybersecurity and risk management.
Step-by-Step Framework
How It Works
NexComply simplifies Vendor Cyber Risk with an intelligent, automated, and compliance-driven approach. Our platform follows a structured workflow to assess, monitor, and mitigate vendor risk in real time.
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Give us a call or fill in the form below and we will contact you. We endeavor to answer all inquiries within 24 hours on business days.
How it works
Industry-Specific Solutions
Every industry faces unique third-party risks, from regulatory compliance challenges to cybersecurity threats. NexComply provides tailored risk management solutions that help businesses identify, assess, and mitigate vendor risks while maintaining compliance with industry standards.
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- Flexible solution
- Constant updates
Financial Services & Banking
Managing vendor third party risk in banking, insurance, and financial services is crucial for regulatory compliance, fraud prevention, and data integrity. NexComply helps financial institutions meet PCI DSS, GDPR, SOC 2 vendor management, and FFIEC requirements while enforcing cyber security and risk controls for operational resilience.
- Governance risk compliance software tracking for financial institutions
- Real-time vendor risk assessments for fraud prevention
- Data security and third party monitoring for continuous oversight
Healthcare Sector
The healthcare sector depends heavily on third party vendors for medical devices, patient data management, and logistics. NexComply enables healthcare providers to comply with HIPAA, HITECH, and FDA regulations, reducing risks tied to data breaches, supplier risk, and vendor reliability using cybersecurity third party risk management practices.
- HIPAA-compliant third party risk management solutions
- Cybersecurity risk management for patient data privacy
- Continuous risk monitoring for regulatory adherence
Technology & Telecommunications
The tech and telecom sectors are highly exposed to data security, service outages, and compliance risks. NexComply provides vendor risk scoring, SLA tracking, and cybersecurity and risk management tools to safeguard against data breaches, network failures, and regulatory penalties—making it an ideal cyber risk management solution for high-tech industries.
- Vendor security assessments for telecom networks
- SLA tracking and compliance enforcement
- Data protection and privacy risk mitigation
Industry Focused Security
Industry-Specific Solutions
Every industry faces unique third-party risks, from regulatory compliance challenges to cybersecurity threats. NexComply provides tailored risk management solutions that help businesses identify, assess, and mitigate vendor risks while maintaining compliance with industry standards.
Financial Services & Banking
Meet PCI DSS, GDPR, SOC 2 vendor management, and FFIEC with NexComply’s cyber security and risk controls for compliance, fraud prevention, and data integrity.
- Governance risk compliance software for audit readiness
- Real-time vendor risk assessments for fraud control
- Third party monitoring for financial institutions
Healthcare Sector
Comply with HIPAA, HITECH, and FDA while managing third party vendors in patient care and logistics through strong cybersecurity third party risk management.
- HIPAA-compliant third party risk management solutions
- Cybersecurity risk management for patient data
- Ongoing monitoring for compliance
Technology & Telecommunications
Protect against data breaches and outages with SLA tracking and cyber risk management tools tailored for high-tech environments.
- Vendor security checks for telecom networks
- SLA and compliance tracking
- Setup in seconds
Government & Public Sector
Ensure contractors meet government mandates with NexComply’s cybersecurity third party risk management and regulatory oversight.
- Compliance with public sector frameworks
- Risk scoring for IT and defense vendors
- Audits and performance monitoring
Manufacturing & Supply Chain
Address compliance, quality, and ethical sourcing through end-to-end supplier risk management and third party risk management solutions.
- Supplier risk assessment and validation
- Global regulation tracking via grc software
- Geopolitical risk monitoring
Retail & E-Commerce
Prevent fraud and disruption with real-time monitoring and vendor due diligence across payments, logistics, and data handling.
- Due diligence for key service vendors
- Fraud and compliance monitoring
- Cyber security risk for customer data
Trusted Risk Partner
Take Control of Third-Party Risks with NexComply
Stay ahead of vendor risks, regulatory challenges, and operational disruptions with NexComply’s end-to-end Vendor Cyber Risk solution. Gain full visibility, compliance assurance, and continuous monitoring to protect your business from third-party vulnerabilities.
Get started now
Give us a call or fill in the form below and we will contact you. We endeavor to answer all inquiries within 24 hours on business days.
Ready to Strengthen Your Vendor Risk Management?
Get Started with NexComply Today!
Streamline vendor onboarding and risk assessments
Ensure compliance with industry-specific regulations
Monitor and mitigate vendor risks in real-time
Frequently Asked Questions
FAQs, quick fixes, and official info on every feature.
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Vendor Cyber Risk is the process of identifying, assessing, and mitigating risks associated with third-party vendors, suppliers, and service providers. It helps organizations ensure that vendors comply with security, regulatory, and operational standards to prevent disruptions and data breaches.
NexComply provides an end-to-end Vendor Cyber Risk solution, covering vendor onboarding, risk assessments, compliance tracking, continuous monitoring, and contract management. It ensures that businesses can manage vendor risks efficiently while maintaining compliance with industry regulations.
NexComply is designed for financial services, healthcare, manufacturing, retail, energy, technology, government, and pharmaceuticals—any industry that relies on third-party vendors and suppliers for critical operations.
Yes, NexComply helps businesses comply with industry-specific regulations such as PCI DSS, HIPAA, GDPR, SOC 2, NERC CIP, and FDA guidelines by monitoring vendor compliance, conducting risk assessments, and providing audit-ready reports.
NexComply assigns vendors an Inherent Risk Score based on factors like financial stability, cybersecurity posture, regulatory compliance, and operational impact. This allows businesses to prioritize high-risk vendors and implement appropriate mitigation strategies.
If a vendor does not meet compliance standards, NexComply provides risk mitigation strategies, compliance action plans, and performance monitoring to help them address gaps. In cases of persistent non-compliance, businesses can initiate offboarding and vendor termination securely.
NexComply offers real-time alerts, periodic assessments, and performance tracking to ensure ongoing compliance and risk mitigation. It helps businesses detect security threats, financial instability, and SLA violations before they escalate into serious issues.
Unlike basic vendor management platforms, NexComply is built specifically for Vendor Cyber Risk, offering automated risk assessments, regulatory compliance tracking, contract lifecycle management, and continuous monitoring—all in one integrated solution.
Yes! NexComply is scalable and can be customized for businesses of all sizes. Whether you’re managing a small vendor network or a complex global supply chain, NexComply helps streamline risk management and compliance efforts.
Getting started is easy! Contact us today to schedule a demo and see how NexComply can help you simplify vendor risk management, ensure compliance, and protect your business.
Risk. Compliance. Insight.
Guide to Vendor Cyber Risk
Stay informed with the latest trends, best practices, and expert analysis on third-party risk management, cybersecurity compliance, and GRC solutions.
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