BitSight for Third-Party Risk Management
Grow and optimize your TPRM program with BitSight for TPRM
Cloud-based technology and outsourcing provide unique opportunities for modern organizations to extend their operations and capabilities. But these opportunities are not without risk, and as organizations expand their vendor ecosystems, there is a growing awareness that third-party cyber risk must be managed. Questionnaires and audits supply only a snapshot of vendor risk while automated tools can continuously measure and monitor vendor security performance and mitigate risk.
The BitSight Solution
BitSight for TPRM immediately exposes cyber risk within your supply chain, helping you focus resources on critical areas of risk, and collaborate with vendors to achieve significant and measurable risk reduction. Insights into vendors’ riskiest issues are backed by data that correlates to potential security incidents and context from the most engaged community of risk and security professionals. With BitSight, you can launch, grow, or optimize your TPRM program with the resources you have today.
Proven Benefits
Enable your business with data-driven decisions
An external vendor can represent significant opportunities for the business. But do the benefits outweigh the risks? BitSight for TPRM enables you to assess the risk associated with a vendor relationship. Critical insights and data about the vendor’s security posture help you understand and communicate the technical details to the business in easily understood terms that enable outcomes-based, informed decisions.
Onboard vendors faster
BitSight for TPRM allows you to enable the business faster by reducing the time and cost it takes to assess and onboard vendors. Smart tiering recommendations, workflow integrations, and risk vector breakdowns make your TPRM program more scalable and help you identify areas of known risk. Continuous monitoring capabilities enable you to manage risk throughout the entire vendor lifecycle.
Grow and optimize your TPRM program
BitSight for TPRM gives you the confidence to make faster, more strategic decisions about cyber risk management across your vendor ecosystem. Fueled by our leading BitSight Security Ratings, this solution enables you to facilitate security discussions with the business and with vendors, and helps you launch, grow, or optimize your TPRM program with the resources you have today.
Integration Option
Centralized processes for action
Integrate BitSight into Venminder to more efficiently know when there are exposed cyber risks on your vendors. View key BitSight risk vectors on your Venminder Vendor Dashboard so you stay in the know of any pertinent threats and then can take appropriate action right within the Venminder platform. Learn more.
FREE SAMPLE
BitSight Security Rating Report
Receive one free BitSight Security Rating report on a chosen third party and see how their security compares to industry benchmarks.
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See BitSight for TPRM in Action
See for yourself how BitSight for TPRM can help you gain critical insights into the riskiest issues impacting your vendors,
and make your vendor lifecycle faster, more efficient, less costly and more scalable.