Analyst Insight: The Gartner® Market Guide for IT Vendor Risk Management Solutions
PHOENIX, October 6, 2022 – Prevalent, Inc., the company that takes the pain out of third-party risk management (TPRM), today announced an exclusive partnership with Halodata Group, a leading data security solutions distributor, to expand its global reach to Southeast Asia. Together, Prevalent and Halodata provide commercial and government organizations with access to the leading TPRM platform and a local trusted advisor to help navigate today’s ever changing vendor cybersecurity risks.
"We are delighted to partner with Prevalent to expand access to their third-party risk management platform to the Southeast Asia region," said Resham Ganglani, CEO, Halodata Group. "We understand how important it is to provide our customers with a proven third-party risk management solution especially as third-party data breaches and supply chain disruptions continue to dominate the news. With today’s strategic partnership, our customers can look forward to working with an established platform, and leveraging Prevalent’s expertise in third party risk management strategy.”
The Prevalent Third-Party Risk Management Platform is a SaaS solution that enables companies to automate the critical tasks required to onboard, assess, manage, continuously monitor and remediate third-party security, privacy, compliance, operational, and procurement-related risks across every stage of the vendor lifecycle. As a trusted advisor, Halodata will bring Prevalent’s platform and services to the Southeast Asia market to help customers achieve maximum benefit from their security investments and gain the visibility necessary to mitigate a wide range of risks within their organizations.
“As the leading value-added distributor for the information security industry, our exclusive partnership with Halodata is instrumental in expanding our global footprint to Singapore, Malaysia and Indonesia,” stated Kevin Hickey, CEO of Prevalent. “We are thrilled to bring our comprehensive solution to Halodata’s customers and partners, filling their third-party risk management gaps.”
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Halodata is a Product Distribution and an IT Security Company in South East Asia. They distribute many award-winning Data Security Solutions across the region. Their reach goes beyond 25 major cities and multiple resellers. With offices in Indonesia, Malaysia and Singapore, Halodata strives to provide the optimum in data security products and solutions for all technology sectors. As a new era of technology emerges, Halodata is primed to lead the change into high level data security technology and is always committed to bringing the latest and only the best to serve its vast range of security conscious clientele.
Prevalent takes the pain out of third-party risk management (TPRM). Companies use our software and services to eliminate the security and compliance exposures that come from working with vendors and suppliers and throughout the third-party risk management lifecycle. Our customers benefit from a flexible, hybrid approach to TPRM, where they not only gain solutions tailored to their needs, but also realize a rapid return on investment. Regardless of where they start, we help our customers stop the pain, make informed decisions, and adapt and mature their TPRM programs over time.
Angelique Faul, Silver Jacket Communications, email@example.com, 513-633-0897