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Compliance Capabilities

Meet third-party compliance mandates and regulatory guidelines with speed, efficiency and scale.

According to a recent Ponemon study, 61% of U.S. companies said they experienced a data breach caused by vendor or third party. In light of growing threats, many regulations and frameworks now require organizations to assess and monitor suppliers and service providers for potential risks.

As businesses continue to diversify and globalize, organizations looking to focus squarely on core business functions are turning to third parties to fulfill specialized services, such as web hosting, payments processing and cloud services.

In the face of growing cyber threats in this extended ecosystem, many organizations are now required to develop effective third-party risk management programs to meet regulatory compliance and deepen IT security controls.

Only Prevalent enables you to meet compliance mandates for both assessing and monitoring the risk of your organization's vendors, suppliers and other third parties using a single, unified platform.

Key Capabilities for Third-Party Risk Compliance

  • Expert Consulting

    Design a new TPRM program, or optimize your existing program, with Prevalent Professional Services and Risk Operations Center experts.

  • Assessments Library

    Leverage a library of 50+ standard assessments, or build your own custom surveys, backed by fully automated workflow management.

  • Continuous Monitoring

    Conduct continuous cyber and business monitoring to reveal potential vendor risks and inform prioritization and risk awareness.

  • Fine Tuning

    Tune analysis and scoring to your organization's specific risk tolerances and other unique business requirements.

  • Frameworks Mapping

    Map answers to control frameworks to measure compliance, project future risks, predict business outcomes, and gain remediation recommendations.

  • Tailored Reports

    Communicate compliance and risk status across the vendor landscape with reports tailored to assessors, executives and other stakeholders.

Datasheet tprm platform nov 2019

Prevalent has helped us have an evidence-based methodology of third party compliance.

— Project Manager, Small Business Professional Services Company

Requirements & Guidelines Addressed by Prevalent
    AICPA System & Organization Control (SOC) 2
  • APRA
    CPS 234 Information Security
  • CCPA
    California Consumer Privacy Act
  • CMMC
    U.S. DoD Cybersecurity Maturity Model Certification (CMMC)
    CSA Consensus Assessments Initiative Questionnaire
    California Transparency in Supply Chains Act
  • DORA
    Digital Operational Resilience Act
  • EBA
    EBA Guidelines on Outsourcing Arrangements
  • EO
    Executive Order on Improving the Nation's Cybersecurity
  • EU
    European Corporate Due Diligence Act
  • EU
    Corporate Sustainability Reporting Directive
  • FCA
    Financial Conduct Authority FG 16/5
  • FCPA
    Foreign Corrupt Practices Act
    FFIEC IT Examination Handbook
  • GDPR
    General Data Protection Regulation
    HIPAA Security Rule
  • ISO
    ISO 27001 / 27002 / 27036-2
  • MAS
    Monetary Authority of Singapore Guidelines for Operational Risk Management
  • Modern Slavery
    UK Modern Slavery Act of 2015
  • NERC
    NERC Critical Infrastructure Protection (CIP) Standard
  • NIST
    NIST SP 800-53r4 / SP 800-161 / CSF v1.1
  • NIST
    NIST SP 800-66
    New York State DFS NYCRR 500 Compliance
    NY Stop Hacks & Improve Electronic Data Security Act
  • OCC
    OCC Bulletins
  • OSFI
    Third-Party Risk Management Guideline B-10
    Payment Card Industry Data Security Standard
  • PDPA
    Singapore Personal Data Protection Act
  • PRA SS2/21
    Bank of England Prudential Regulation Authority SS2/21
  • S-211
    Fighting Against Forced Labour & Child Labour in Supply Chains Act
  • SEC
    U.S. SEC Cybersecurity Disclosure Rules
  • SIG Questionnaire
    The Standard Information Gathering Questionnaire
  • UK Bribery
    Bribery Act of 2010
  • U.S. Financial
    Interagency Guidance on Third-Party Relationships
  • Navigate the TPRM Compliance Landscape

    The Third-Party Risk Management Compliance Handbook reveals TPRM requirements in key regulations and industry frameworks, so you can achieve compliance while mitigating vendor risk.

    Read Now
    Feature tprm compliance handbook 0821
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