Managing an effective Third-Party Risk Management (TPRM) program is complex as the number of vendor assessments continues to grow and outpace your resources.
Are manual assessments and redundant vendor questionnaires slowing down your risk management process? Transform your assessment approach with a modern third-party risk exchange platform. By centralizing access to continuously updated, validated vendor data, the Global Risk Exchange eliminates inefficiencies and assessment fatigue for both you and your third parties, all while strengthening your organization’s risk […]
The work never ends. Every year, we onboard more third parties. And every year, our assessment workload gets worse. More resources to help? Not going to happen. Sound familiar? You’re not alone. We have been at this process for years, but it continues to get worse for your team and the people in your company […]
Imagine starting your day knowing exactly where your vendor risks lie and the status of assessments, with automated third-party risk programs running smoothly and onboarding timelines cut in half. Now compare this to your current reality: countless hours spent in spreadsheets, conducting manual assessments, and endless email follow-ups. With 60% of organizations now managing over […]
Every vendor relationship can introduce potential vulnerabilities to your business, and in today’s hyperconnected business landscape, it only takes one missed gap to compromise your entire security chain. The numbers tell a sobering story: According to the Global Cybersecurity Outlook 2024 report by the World Economic Forum, a staggering 98% of organizations report having at […]
The clock is ticking, and your team is buried under a pile of vendor risk assessments that need review. Requests for updated security documentation are going unanswered from third parties, and even the responses you do get aren’t consistent. The critical data you need to identify unacceptable risk is scattered across multiple platforms. With each […]