Latest Report: The Gartner® Market Guide for IT Vendor Risk Management Solutions
You’ve all seen the reality TV show “Survivor”, where a group of strangers are placed on a deserted island in the middle of nowhere, with nothing but the clothes on their backs, fighting to be the last one standing. While it’s interesting to see alliances form, competitions won, and battle lines drawn, the psychology behind the game is the actual lure.
Adapt or be voted off
Sure, it seems easy enough to do, but being able to Outwit, Outplay, and Outlast your competitors involves the art of efficiency, collaboration, and strategy. In other words, conserve energy, work together, and always stay two steps ahead of the competition.
The same could be said for those faced with completing a vendor security questionnaire. If you’re a vendor, you’re thinking about one word… survival. There are hundreds of questions, many that don’t seem to make sense. You have no idea which colleagues own which answers, but one thing is clear; you know you’ve got a lot of digging to do to meet the security requirements of your new client. Moreover, if all of this isn’t daunting enough, this survey request isn’t coming from just one client, but rather, every client with which you have a business relationship.
If you were on Survivor, how would you efficiently handle this task? Who would you team up with to get this work done? What’s your strategy to live to fight another day?
The path to survival
Rest assured, if you are a vendor that conducts business with law firms, the answer is simple: Join the Prevalent Legal Vendor Network. That’s exactly what Cornerstone Information Technologies (Cornerstone.IT) did, earning a Prevalent Business Partner badge in recognition of the company’s excellence in protecting its own data, and by extension, securing the sensitive data of its client Law Firms. As co-founder of the IT Business Solutions and Managed Services Provider Jim Moreo explains, “Being part of the Prevalent community further demonstrates Cornerstone’s commitment to the legal industry. We understand that keeping our network secure is paramount to keeping our clients’ networks secure.”
How does the Prevalent Legal Vendor Network benefit vendors?
Prevalent’s Legal Vendor Network automates the end-to-end process of collecting and analyzing vendor surveys, minimizing the time and cost of assessing vendors while ensuring that necessary vendor risks are properly scrutinized. The benefits to vendors include:
The tribe has spoken
Vendors who join this sharing network are survivors. Intimidated no more, completing vendor security assessments comes down to efficiency, collaboration, and strategy.
To learn more about the Legal Vendor Network, download the datasheet today.
To read more about how Cornerstone.IT achieved a Prevalent Business Partner badge, see their latest press release.
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