Komodo Consulting's Third-Party Risk Management (TPRM) Services is a consulting-based offering designed to help organizations identify and manage security risks introduced by external vendors, suppliers, partners, and service providers. The service follows a structured assessment methodology consisting of four main phases: 1. Requirements Gathering: The engagement begins with understanding the client's specific needs, metrics, and agreed service levels to tailor the assessment accordingly. 2. Security Questionnaire Review: Prospective vendors complete a security questionnaire. Komodo's consultants analyze responses to identify security gaps, compliance deficiencies, and potential pitfalls. 3. Vendor Asset Scanning: The team scans the third-party vendor's externally exposed assets using Komodo Ranger (Komodo's proprietary scanner) to detect attack vectors and risks. False positives are filtered, and genuine risks relevant to the integration process are investigated. 4. Integration Analysis: A collaborative analysis is conducted with all relevant parties to review the integration architecture, technologies, data flows, and any security findings from prior steps. 5. Reporting: A final report documents identified findings and gaps, assesses the third party's security maturity, provides a vendor fit recommendation, and includes an approval determination. Security areas covered in assessments include API evaluation, policies and regulatory compliance, endpoint protection, exposed services, encryption weaknesses, missing security policies, sensitive information exposure, and outdated or vulnerable technologies.