Third Party Risk Management

Third Party Risk Management

Third Party Risk Management

Secure Your Files from a breach Even When shared

File-Centric Security that extends even to your third parties

98%

of organizations have at least one third-party vendor that has suffered a data breach

89

average number of vendors accessing a company's network weekly

$7.5 million

average cost to remediate a data breach

Risks Associated with Third Party Management

Traditional third-party risk management focuses on vetting vendors and monitoring compliance, but these measures alone don’t prevent data from being exposed once it leaves your organization because they do not ensure organizations are following their own security procedures and there is no way to verify every gap in their security stack. The solution relies less on them and more on how you can ensure your sensitive files remain protected when shared.

Loss of Control Over Shared Files

Once files are shared externally, organizations have limited visibility into their usage, location, and access.

Inadequate Encryption Practices

Third-party vendors frequently store and handle sensitive files without sufficient encryption, leaving data vulnerable.

Third-party vendors frequently store and handle sensitive files without sufficient encryption, leaving data vulnerable.

Exposure to Supply Chain Attacks

Compromised vendors become entry points for attackers, who target the weakest links to access sensitive files.

Compliance Challenges

Vendors not adhering strictly to regulatory standards (such as GDPR, HIPAA, PCI DSS) risk exposing your data, resulting in regulatory non-compliance penalties.

Operational Risks

 File breaches at vendors can disrupt your organization’s critical operations, causing downtime and financial losses.

Reputational and Financial Damage

A data breach at any vendor, regardless of internal controls, can significantly harm your brand and incur substantial costs.

How FenixPyre's File-Centric Security
Enforces TPRM

FenixPyre ensures third-party risks no longer translate into direct threats to your business. Even if a vendor is compromised, your data remains encrypted, inaccessible, and fully under your control. With file-centric security, you can confidently collaborate with partners while safeguarding compliance, operations, and your reputation.

Persistent File Encryption

Every file shared externally is encrypted using AES-256 encryption, compliant with FIPS 140-2, securing data at rest, in transit, and even during active use.

Continuous Visibility and Tracking

Organizations maintain detailed insights into each file’s location, who accessed it, and when it was accessed, eliminating blind spots in data management.

Organizations maintain detailed insights into each file’s location, who accessed it, and when it was accessed, eliminating blind spots in data management.

Time bomb Your Files

 Access to files can be revoked instantly or using a pre-defined time period, even after files have been distributed, ensuring sensitive data remains protected against breaches.

Seamless Workflow Integration

 Unlike restrictive traditional security measures, FenixPyre enables uninterrupted business workflows by securing files directly, not restricting users.

Proactive Compliance Assurance

Encryption and detailed audit logs ensure automatic and continuous compliance with standards like GDPR, HIPAA, and PCI DSS, protecting organizations from regulatory fines.

Complete Data Protection from Supply Chain Attacks

Vendor breach is not a data breach for your company because files shared always stay encrypted and in your control.

Third Party Risk Management FAQs

Third Party Risk Management FAQs

Third Party Risk Management FAQs

How does a file-centric security platform prevent third party data breach risk?

How does a file-centric security platform prevent third party data breach risk?

How does a file-centric security platform prevent third party data breach risk?

Can administrators track unauthorized activity on encrypted files?

Can administrators track unauthorized activity on encrypted files?

Can administrators track unauthorized activity on encrypted files?

What happens if a company is notified of a third party data breach?

What happens if a company is notified of a third party data breach?

What happens if a company is notified of a third party data breach?

Can encrypted files be accessed by unauthorized users if they gain network access?

Can encrypted files be accessed by unauthorized users if they gain network access?

Can encrypted files be accessed by unauthorized users if they gain network access?

How does file-centric encryption differ from traditional encryption methods?

How does file-centric encryption differ from traditional encryption methods?

How does file-centric encryption differ from traditional encryption methods?

Does encryption impact file performance or usability?

Does encryption impact file performance or usability?

Does encryption impact file performance or usability?

Don’t Wait for a Third Party Breach.
Safeguard Your Files Now.

With third-party data breaches on the rise, organizations need a proactive approach to data security. FenixPyre ensures that even if a vendor is compromised or mishandles sensitive data, your information remains protected—keeping your business secure, compliant, and resilient.

Don’t Wait for a Third Party Breach.
Safeguard Your Files Now.

With third-party data breaches on the rise, organizations need a proactive approach to data security. FenixPyre ensures that even if a vendor is compromised or mishandles sensitive data, your information remains protected—keeping your business secure, compliant, and resilient.

Don’t Wait for a Third Party Breach.
Safeguard Your Files Now.

With third-party data breaches on the rise, organizations need a proactive approach to data security. FenixPyre ensures that even if a vendor is compromised or mishandles sensitive data, your information remains protected—keeping your business secure, compliant, and resilient.

© 2018-2025 FenixPyre Inc, All rights reserved

© 2018-2025 FenixPyre Inc, All rights reserved

© 2018-2025 FenixPyre Inc, All rights reserved