Latest Report: The Gartner® Market Guide for IT Vendor Risk Management Solutions
Third-party risk management is a growing board-level concern for many organizations. As a board member and cybersecurity advisor, I have seen firsthand that:
As attack surfaces continue to expand as a result of remote and hybrid work, and supply chains become more interconnected and multi-tier, regulators are also taking notice, applying additional scrutiny on organizations to improve third-party cyber risk governance.
Between rising numbers of incidents, growing regulatory pressure, and increasing breach remediation costs, third-party cyber risk management should be the priority for IT security teams. For many organizations, however, what’s missing is a centralized approach to manage third parties efficiently. We see this approach manifesting in three distinct challenges:
Bottom line: Organizations lack the resources, processes and procedures to withstand third-party digital and physical disruptions. That has to change.
Discover How to Scale Your Third-Party Risk Program
Join IBM Security Services and Prevalent for a free webinar discussing how to build a third-party risk management program that can scale to cover your extended supplier ecosystem.
Jointly with IBM, we're delivering a programmatic approach to third-party and supplier cyber risk management based on IBM’s world-class Security Services and Prevalent’s industry-leading TPRM platform. Together we combine expert consultancy to design and build a comprehensive solution with a robust TPRM methodology and model, a centralized and integrated view of your vendors to minimize compliance concerns, and real-time data to improve efficiencies.
The joint IBM-Prevalent solution can:
The result? Dimple Ahluwalia, VP & Global Managing Partner, IBM, says, “Supply chains are becoming increasingly more complex and organizations are facing mounting pressure to ensure suppliers at every level of their ecosystem are mitigating the risk of cyber-attacks. IBM Security Services, in conjunction with Prevalent, provide clients the framework, expertise and platform needed to build an optimized and scalable program.”
To learn more about this industry-first solution, I invite you to a webinar hosted by IBM and Prevalent, How to Make Supply Chain Cybersecurity a Competitive Advantage. During this on-demand webinar our teams jointly demonstrate:
I’m thrilled to announce our joint solution with IBM! For more on our relationship, contact Prevalent and be sure to watch the webinar.
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