Latest Report: The 2022 Gartner® Market Guide for IT Vendor Risk Management Solutions
FALL RIVER, MA and PHOENIX, AZ - November 30, 2020 - SecZetta, the leading provider of third-party identity management solutions, and Prevalent, the company that takes the pain out of third-party risk management, today announced a market-first integration of vendor risk intelligence to inform what type of access an individual from a vendor should be granted.
As they continue to pursue digital transformation initiatives, organizations across all industries are increasing the number of third parties that are needed to meet their business needs. And with every third-party relationship organizations are now granting access to facilities, systems, and data once almost exclusively reserved for employees. However, most organizations are not linking the risk assessed to the third party with the access that is granted to their employees, creating a gap in vendor security.
SecZetta and Prevalent have closed this critical security gap by integrating vendor risk intelligence insights available in the Prevalent Third-Party Risk Management Platform into the SecZetta Third Party Identity Risk solution. Using Prevalent’s vendor risk intelligence, SecZetta is then able to automate security controls related to vendor employee access in response to new risks such as security incidents, exposed credentials, or compliance violations. This integration provides clearer context and insight into potential risks associated with the vendor relationship and offers customers a single repository to tackle risk management objectives.
“Together, SecZetta and Prevalent can help organizations that rely heavily on granting access to vendor employees adopt an identity-centric approach to third-party risk management that creates a better connection between the risk that has been assessed to the vendor and the access that is granted to its employees,” said Brett Whiteman, VP of strategic alliances, Prevalent. “With ongoing risk and compliance scores that can be used to inform dynamic access and review policies, the integration with SecZetta can help our customers achieve “real-time” risk-based access for vendor employees.”
“Prevalent is renowned for its ability to provide customers with a full picture of potential vendor risk. By integrating with Prevalent, SecZetta’s customers will now have an unmatched ability to make better informed, ongoing risk-based decisions about vendor employee access,” said Jeremy Rohrs, VP of global alliances and business development, SecZetta. “Partnering with an industry leader like Prevalent helps us increase our value proposition to organizations in the Financial Services, Healthcare, Life Sciences, Pharmaceuticals, Manufacturing, Retail, Defense, and Legal industries in North America, Europe, and the Middle East.”
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, suppliers and other third parties. 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. For more information, please visit https://www.prevalent.net/.
SecZetta is the leading provider of third-party identity management solutions. Our solutions enable organizations to execute risk-based identity access and lifecycle strategies for diverse non-employee populations. Because the solution suite is purpose-built, it’s uniquely able to manage the complex relationships organizations have with non-employees in a single, easy-to-use application that simultaneously helps facilitate commercial initiatives, support regulatory compliance, and reduce third-party risk. For more information, please visit. https://seczetta.com/
To learn more about SecZetta partnership opportunities, visit www.seczetta.com/partners.