SolarWinds Third-Party Breach: 7 Questions to Ask Your Vendors
Prevalent Vendor Risk Assessment Services provide managed services to handle your third-party risk assessment and monitoring needs. Our teams of third-party risk management experts manage the vendor lifecycle on your behalf – from onboarding vendors and collecting evidence, to reviewing assessments for completeness, identifying risks, and providing remediation guidance. As a result, you reduce vendor risk and simplify compliance without burdening internal staff.
Improve efficiency and productivity by focusing on managing risk, rather than on collecting vendor evidence
Leverage domain expertise from a team of certified third-party risk professionals
Gain comprehensive visibility into risk remediation efforts
Realize a faster time-to-value from your risk reduction initiatives
It’s abundantly clear that Prevalent services are going to be critical in our partnership with our vendors.
— IT Program Manager, Sthealth Benefit Solutions
We work with you to understand your third-party risk management requirements and identify achievable program milestones.
We profile and onboard your vendors, suppliers and other third parties; customize surveys and other platform components to your business needs; and document everything in straightforward operations manuals.
We issue surveys to your vendors and other third parties; manage evidence collection and response analysis; and monitor vendors on your behalf.
We identify top risks from assessments and continuous monitoring and conduct follow-up assessments to validate and document vendor risk remediation.
We help you maintain visibility and accuracy with regular health checks and program reviews.
Vendor Risk Assessment Customer Service
As a Prevalent customer, you will be assigned an experienced Customer Success Manager who will help you gain the most value from your investment.
Platform Management: Gain full access to the Prevalent Third-Party Risk Management platform for reporting and management.
Vendor Management: Rely on us to onboard, review and maintain vendors in the platform.
KPI Management: We handle your assessments, chasing responses, and response rate optimization.
Reporting: We provide detailed analysis of assessment results, progress and trends.
Comprehensive, In-Region Support: Receive ongoing assistance from our U.S., Canada, and UK-based teams.
Flexible vendor risk assessment service options
Prevalent offers three vendor risk assessment service packages to meet your unique needs.
Collect | Analyze | Remediate | |
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We manage the collection of completed assessments from your third parties. | We review the responses to confirm document evidence is accurate and to flag potential issues. | We facilitate the risk management process for the top 10 risks identified (unless otherwise scoped). | |
Access to all platform content and features |
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Unlimited platform users |
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Online support |
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Telephone support |
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Assessment monitoring & follow-up |
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Monthly reporting |
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Quarterly maturity assessments |
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Webinars on assessment completion |
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Red flag analysis |
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Review evidence and notes for accuracy |
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Remediation guidance for top 10 risks |
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Remediation management |
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Prevalent Managed Services Bring Tangible Results
Our customers report an average 50% reduction in manual work, 44% reduction in time to identify and mitigate risk, and 300% increase in team productivity.See why Prevalent is named a Leader among 23 IT VRM providers
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