Analyst Insight: The Gartner® Market Guide for IT Vendor Risk Management Solutions
Automate the assessment, scoring and remediation of internal IT security and privacy controls for compliance
Governance, risk and compliance (GRC) is, "the integrated collection of capabilities that enable an organization to reliably achieve objectives (governance), address uncertainty (risk) and act with integrity (compliance)," across financial, legal and IT domains.
Specific to IT, GRC includes:
Prevalent delivers a single platform that helps risk management and internal audit teams automate internal controls assessments. The solution includes 200+ built-in questionnaire templates covering cybersecurity, data privacy and other areas – enabling customers to improve processes, combat threats and demonstrate compliance.
Reduce the time and complexity required to gather internal controls data by centralizing assessments in a single platform for all users
Unify risk management initiatives across the organization into a single solution for faster, easier audits and reporting
Accelerate risk identification and reduction with comprehensive scoring and remediation workflows
Simplify the process of demonstrating compliance with regulatory requirements using pre-built reporting templates
Prevalent standardizes assessments against SOC 2, Cyber Essentials and other frameworks, providing internal audit and IT security teams with a central platform for measuring and demonstrating adherence to internal IT controls mandates.
Leverage 200+ standardized risk assessment survey templates that map directly to policy and control requirements in ISO, NIST, CoBiT 5, SSAE 18, and more.
Automatically generate a risk register upon survey completion, enabling you to view your organization’s entire risk profile in a centralized, real-time reporting dashboard. Download and export reports to support compliance efforts.
Quickly gauge the impact of risks with consolidated views of risk ratings, counts, scores, and flagged responses. Identify outliers across assessments, tasks, risks, and other factors that could warrant further investigation.
Take actionable steps to reduce risk with built-in remediation recommendations and guidance.
We have risk reporting on time when we need to report to the authorities. Consistent reporting metrics is another key benefit.
— — S&P 500 Financial Services Company
Automate the identification, analysis and remediation of vendor security risks with a centralized solution.
Outsource risk assessment, analysis and remediation to our managed services team.
Gain continuous insights into vendor risks from more than 550,000 intelligence sources.
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