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3rdRisk

Website LinkedIn

Last updated on

Company health

Employee growth
18% increase in the last year
Web traffic
2% increase in the last quarter
Financing
November 2022 - $535K

Ratings

G2
4.7/5
(10)

3rdRisk description

3rdRisk is a cloud-based platform designed to manage the risks associated with using third-party vendors. It allows you to assess, monitor, and manage risks across different areas, including cybersecurity, compliance, and sustainability. The platform offers pre-built integrations, automated workflows, and real-time monitoring. 3rdRisk promises quick implementation and aims to replace manual spreadsheet-based risk management. While headquartered in Europe, it serves a global client base.


What companies are using 3rdRisk?

de Bijenkorf is using 3rdRisk
de Bijenkorf
Zapier is used by de Bijenkorf.

Who is 3rdRisk best for

3rdRisk helps mid-to-large enterprises manage third-party vendor risks in cybersecurity, compliance, and sustainability. It offers real-time monitoring, automated workflows, and integrations. The platform replaces manual spreadsheets with a centralized risk management hub. Pricing is available upon request.

  • Ideal for medium to large enterprises (100-1000+ employees) seeking robust vendor risk management.

  • Particularly well-suited for regulated industries like healthcare, finance, and insurance.


3rdRisk features

Supported

3rdRisk provides a centralized platform for storing all third-party risk data.

Supported

3rdRisk offers real-time insights and alerts to keep users informed of emerging risks.

Supported

3rdRisk's AI-powered SOC-2 analyzer automates the review and highlights potential issues.

Supported

3rdRisk provides automated workflows for efficient risk management.

Supported

3rdRisk allows users to create tailored questionnaires to assess specific risks.

Supported

3rdRisk automates the generation of reports on third-party risk assessments.

Supported

3rdRisk integrates with existing security and risk management systems.


3rdRisk pricing

The commentary is based on 2 reviews from 3rdRisk G2 reviews.

3rdRisk offers a scalable pricing model that allows organizations to start with a basic plan and expand as needed. Users appreciate the ability to add more users without incurring extra costs. The pricing is considered accessible and contributes to a smooth implementation process.

See the 3rdRisk pricing page.

Overview
€490/mo

Includes third-party module, contract module, content hub, issues & actions plans, basic export reporting functionality, shared chat support.

Insight
Custom

Includes all Overview features plus multiple risk domains, third-party risk profile, supplier onboarding portal, advanced assessment module, adverse media monitoring, assessment scheduler, branding stylesheet logo, SSO, shared chat and email support.

Manage
Custom

Includes all Insight features plus risk management, compliance management, AI SOC analyser, customised reporting, advanced user management, branding (stylesheet/domain/mail), default Microsoft Teams integration, staging environment, dedicated support.

Optimize
Custom

Includes all Manage features plus latest AI capabilities, API access, benchmarking, branded Microsoft Teams integration, procurement integration, customer experience manager.

DORA
€1250/mo

Includes DORA best-practice configuration, DORA risk management, DORA compliance management, assessment module, register of information, issues & action plans, Excel reporting functionality, shared chat support.

NIS-2
€1250/mo

Includes NIS-2 best-practice configuration, NIS-2 risk management, NIS-2 compliance management, assessment module, register of information, issues & action plans, Excel reporting functionality, shared chat support.


3rdRisk alternatives

  • Logo of Aravo
    Aravo
    Third-party risk management platform for smarter vendor oversight.
    Read more
  • Logo of Auditive
    Auditive
    Automate third-party risk assessments with AI for regulatory compliance.
    Read more
  • Logo of Ncontracts
    Ncontracts
    Integrated risk management for financial institutions, simplified.
    Read more
  • Logo of Archer
    Archer
    Integrated risk management platform simplifying compliance and security.
    Read more
  • Logo of ProcessBolt
    ProcessBolt
    Automate vendor risk assessments for a secure supply chain.
    Read more
  • Logo of Resolver
    Resolver
    Connects risk data for smarter decisions, stronger resilience.
    Read more

3rdRisk FAQ

  • What is 3rdRisk and what does 3rdRisk do?

    3rdRisk is a cloud-based platform for managing third-party vendor risks. It offers automated workflows, real-time monitoring, and pre-built integrations to assess and mitigate risks related to cybersecurity, compliance, and sustainability. It's ideal for mid-to-large companies in regulated industries.

  • How does 3rdRisk integrate with other tools?

    3rdRisk integrates with existing security and risk management systems through system integrations, enabling streamlined workflows. It offers pre-built integrations to automate data exchange and enhance risk visibility across different platforms. More specific integration details are not readily available.

  • What the main competitors of 3rdRisk?

    Top alternatives to 3rdRisk include Aravo, Auditive, Ncontracts, Archer, ProcessBolt, and Resolver. These platforms offer similar third-party risk management capabilities, including vendor oversight, automated assessments, and compliance support.

  • Is 3rdRisk legit?

    Yes, 3rdRisk is a legitimate platform for managing third-party vendor risks. It offers automated workflows, real-time monitoring, and integrations to streamline risk management. G2 gives 3rdRisk a 4.7/5 rating, suggesting it is safe and effective.

  • How much does 3rdRisk cost?

    3rdRisk's Overview plan is €490/month. DORA and NIS-2 plans are €1250/month. Pricing for Insight, Manage, and Optimize plans requires contacting sales for a custom quote. Several add-ons are available, but their product pricing is not publicly listed.

  • Is 3rdRisk customer service good?

    Customers praise 3rdRisk's friendly and responsive support team, highlighting their quick replies and helpfulness with development requests and issue resolution. While some development requests may take longer than initially anticipated, the overall sentiment towards customer service is positive.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.