As a vendor, completing security assessments for your customers is a fact of life. Unfortunately, the process is often “death by spreadsheet,” featuring the drudgery of answering the same questions from different customers, the chaos of crossed (and lost) emails, and the frustration of version control snafus.
Of course, the results are only accurate for a minute, so you get to experience the assessment nightmare over and over. You wake up with a headache and are left with little useful information for actually improving your security and compliance.
No one is saying that risk assessments aren’t necessary for retaining your customers. But it wouldn’t it be nice if they didn’t make you feel like you were on a hamster wheel staring into a black hole?
Today, we’re excited to announce the Prevalent Third-Party Marketplace, a self-service portal that enables vendors to assess themselves against industry-standard security questionnaires (such as SIG-Lite, CMMC, the Prevalent Compliance Framework, and Business Resilience), proactively share completed assessments with customers, and update them as needed. With the Third-Party Marketplace, vendors can regain control of regular security assessments, be more proactive for customers, and relieve everyone of spreadsheets once and for all.
For an annual subscription of $349, vendors can:
The Third-Party Marketplace makes it easy to complete self-assessment questionnaires with an intuitive, workflow-drive process.
Each subscription includes a Cyber Risk Scorecard personalized for your organization. The Scorecard reveals continuous insights into your cyber footprint on criminal forums, the dark web, threat feeds and paste sites for leaked credentials and more. It also delivers insights into your reputation in the industry by analyzing over 200,000 news sites, company websites, social handles, regulator websites, job portals, review websites, discussion forums, and more. A strong Cyber Risk Scorecard serves as a powerful competitive differentiator that demonstrates your responsiveness to security threats.
The Prevalent Cyber Scorecard gives a clear overview of cyber and business risks in multiple categories.
Share reporting that simply communicates potential risk areas.
The Marketplace clearly communicates compliance status, helping you and your team know what areas must be remediated.
Vendor IT and Security teams streamline the response process for regular security assessments.
Customer Procurement and Vendor Management teams speed onboarding and ensure due diligence.
Gain a faster assessment process and scale your third-party risk management programs faster. Ready to regain control over the security assessment process? Subscribe to the Prevalent Third-Party Marketplace on Amazon AWS today!
Prevalent Platform v3.24 enhances customer-third party collaboration and introduces technology concentration risk capabilities.