Gartner Critical Capabilities for IT Vendor Risk Management
Warren, NJ – February 28, 2019 – Prevalent, Inc., the only comprehensive platform for managing third-party risk, today announced its gold-level victory in the Cybersecurity Excellence Awards, an annual competition honoring individuals and companies that demonstrate excellence, innovation and leadership in information security. Prevalent was named the Gold Winner for Vendor Risk Management in the 2019 Cybersecurity Product Awards category.
“We are honored to be recognized by the Cybersecurity Excellence Awards for our innovative vendor risk management platform,” said Kevin Hickey, CEO, Prevalent. “With 61 percent of security breaches caused by third parties, every business is subject to increasingly complicated regulatory guidelines and fines, and we’re proud to be recognized as the best solution. As the only comprehensive third-party risk management platform, we’re here to help businesses of all sizes.”
Prevalent was chosen for offering the only comprehensive solution for managing vendor risk. The platform reduces costs and improves efficiencies with automated, scalable vendor risk assessments, continuous threat monitoring and immediate access to shared data.
"Congratulations to Prevalent for being recognized as the Gold award winner in the Vendor Risk Management category of the 2019 Cybersecurity Excellence Awards," said Holger Schulze, CEO of Cybersecurity Insiders and founder of the 400,000-member Information Security Community on LinkedIn that co-produces the awards program. "With over 500 entries in more than 90 award categories, the 2019 awards are highly competitive, and all winners truly reflect the very best in today's cybersecurity industry."
Prevalent recently announced a new leadership team, led by CEO Kevin Hickey, to usher in its next wave of growth. To learn more about its award-winning products and services, please visit www.prevalent.net.
About Prevalent Prevalent helps enterprises manage risk in third-party business relationships. It is the industry’s only purpose-built, unified platform that integrates a powerful combination of automated assessments, continuous monitoring, and evidence sharing for collaboration between enterprises and vendors. No other product on the market combines all three components, providing the best solution for a highly-functioning, effective third-party risk program. To learn more, please visit www.prevalent.net.
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