What is it?
Enables companies to assess their 3rd party risks and assigns a letter grade to each vendor, correlates findings with industry standards to inform compliance requirements, and quantifies probable financial impact to communicate risks in business terms. In short it gives them a cyber risk score in much the same way as a credit score would be used by a financial institution.
Benefits for me?
- Know what hackers already know about you and your 3rd parties before you do businesses with them or validate existing relationships
- Continuously monitor 3rd parties to understand and address cyber and compliance risks
- Know 3rd party risk in terms of financial impact
- Monitor thousands of 3rd parties within a day