The journey towards full maturity will slow down as organizations adapt to the new normal. Here’s how to face the…
RSA Conference 2020 – San Francisco, CA
February 24 – 28th – Moscone Center
Are you attending? We want to hear from you
When engaging with a vendor, how do you assess their ability to safeguard your data?
We are the online network to connect, assess, and share relevant security documentation
Leveraging 10,000+ third-parties utilizing our platform, you can expedite the risk assessment process
The “many to many” approach
Save time by accessing already populated security profiles and by inviting new third-parties to the network. This approach encourages and simplifies participation and avoids the cost of data collection.
Transparency for better planning
Leverage audit trails that identify service level enhancements, performance improvements and gaps in the assessment process.
Better incentives with a network
Increase your assessment rate with a tool that your third-parties will also want to use. Redundancies are removed on both ends and time to completion is reduced from months to weeks.
Streamline and simplify issue tracking
Working with hundreds or thousands of third-parties is made easier with a cross-functional, collaborative platform for issue management, that converts identified gaps into actionable and trackable items.
Collect documents based on risk
Increase the number of assessments completed per year with requirements such as:
You can also require your third-party to add their most critical vendors to the platform, thus monitoring fourth-party risk.
Increase transparency around progress
With the ThirdPartyTrust platform, information security teams can share vendor lifecycle statuses, view a real-time progress bar, and even invite business leaders into the process.
Managing findings to close
Security analysts can review findings, assess remediation dates, and view uploaded documents provided by third-parties. They can open a discussion thread without having to call or email.
Tracking, sorting and segmenting
Develop a system of labels, rules and filters to manage the overall approval process, along with a vendor progress status bar for everyone to see. Filters allow you to drill down to the third-parties that need attention.
Be up to date with third-party activity and their security posture – whether it be a change to an answer in a questionnaire, an updated security policy or document, or a task completed.
Extend your data inputs
Streamline your assessment process and turn on recurring review cycles. 90-60-30 days before, your third-parties will be notified of expiring documents, giving them enough time to update.
A formula for understanding risk
Utilizing pre-built or customizable metrics, teams can score the potential impact a third-party may have on the business, according to information provided by them and data gathered externally.
Data feeds and integrations
Our tool has several pre-built integrations and supports external content providers and standards (SIG, CSA). To accurately understand the risk of each third-party, you can customize the weight of various data inputs.
Made a monotonous process that no one wanted to do easier and more manageable. The overall process to integrate vendors is simple.
Information Security Engineer, Spencer Stuart
The key thing that we love about ThirdPartyTrust is the visibility we gained with its dashboard. We have a quick view of all the third-parties listed and their impact, trust score, risk score, etc. It’s a very clear layout.
Senior Manager at Take-Two
The issues ThirdPartyTrust handles are critically important for us in managing our risk profile.
Chief Security Officer, Advocate Healthcare
This solution provides a one stop shop for all vendor related security assessments. It has eliminated the need for us to constantly email or call vendors with specific questions related to their responses.
Business Security Liaison, CoreSource Insurance
Simplified next generation vendor management solution.
IT Security, US Foods
The landscape keeps shifting and organizations need to be looking ahead to new risks developing. Here’s how to train your…
Despite the challenges 2020 posed, our platform continued to incorporate new features to make third-party risk management easier for enterprises…
Pekin Insurance doubled the amount of vendors they can assess in the same time frame with a 3x ROI.
Vertafore built a simplified and digitized process to respond to security reviews, reducing the average time to completion to 24…