With cyber attacks increasingly originating from third parties and regulations expanding to govern vendor relationships, effectively managing third-party risk is now an essential part of ensuring security and compliance. However, effectively collecting, analyzing and mitigating risk across the partner ecosystem can be an expensive and unwieldy undertaking for any organization.
Prevalent delivers a programmatic process and solutions proven to help risk management teams gain visibility into third-party exposures, efficiently act to reduce risk, and scale their TPRM programs to close security gaps.
Increases visibility into cyber and business risks stemming from vendors, suppliers and other third parties
Unifies and centralizes inside-out risk assessment and outside-in threat monitoring
Streamlines assessment, compliance, due diligence and remediation initiatives
Informs risk-based decisions to prioritize remediation and verify compliance
Provides role-based reports for monitoring compliance and risk reduction
Simplifies risk management by Integrating with other best-of-breed risk and security solutions
Speed time to value and mature your third-party risk management program with our expert planning and advisory services. We’ll help you prioritize your vendors, define assessment strategies, and accommodate compliance requirements.
Measure internal controls and gain meaningful risk data with a library of 50+ assessments covering SIG Core, SIG Lite, GDPR, ISO9001, H-ISAC, SOX, PCI-DSS and more – or build custom assessments to meet specific needs.
Validate vendor controls by correlating assessment results with externally observable cyber threats (e.g., website vulnerabilities, leaked credentials on the dark web, etc.) and potential business threats (e.g., brand, financial, operational, regulatory, legal, etc.) for a more complete risk score.
Scale your TPRM program with shared networks of completed vendor risk reports. The Prevalent Exchange, Legal Vendor Network and Healthcare Vendor Network enable you to quickly check risk status and augment your own risk assessment initiatives.
Streamline remediation with built-in workflows, document management and audit trails. Categorize vendors and prioritize communications based on risk levels and business criticality.
Enable enterprise-wide vendor risk and compliance awareness with tailored stakeholder reports. Provide executives with broad visibility for strategic decision making and board reporting, while enabling assessors to drill-down on specific risks and control failures.
Share data between the Prevalent platform and other best-of-breed business, risk and security solutions to ensure your third-party risk management program doesn’t operate in a silo.
Join Brenda Ferraro, former third-party program lead for organizations including Aetna, PayPal/eBay, & Charles Schwab, and...
This complementary guide distills 6 key best practices for third-party risk management from our 15+ years...