Enforcing effective vendor security standards
As cyber breaches via third-party vendors continue to grow, it is important to devise effective mechanisms that improve vendor security management.
However, many businesses have problems managing security standards within their vendor infrastructure because they are working with several third and fourth-party organisations.
The expanding vendor network makes it hard to enforce security policies effectively, placing firms in a vulnerable position. With the right solution, you can enforce security policies to ensure your vendors meet high-security standards.
This allows you to create a secure vendor network that negates risks, protects data, and makes it easier to comply with regulatory standards.
However, many businesses have problems managing security standards within their vendor infrastructure because they are working with several third and fourth-party organisations.
The expanding vendor network makes it hard to enforce security policies effectively, placing firms in a vulnerable position. With the right solution, you can enforce security policies to ensure your vendors meet high-security standards.
This allows you to create a secure vendor network that negates risks, protects data, and makes it easier to comply with regulatory standards.
Improve vendor security with a security rating solution
Our security rating solution is the only 360-degree risk rating solution that gives you complete oversight into the cyber hygiene of your vendors, allowing you to determine if they are following best security practices.
The solution turns vendor security management into a simple, efficient, and scalable operation with the following features:
360-degree view of vendors:
RiskXchange is the only platform that gives you a detailed view of your third and fourth-party vendors accessing your network.
AI-assisted risk management:
Our cybersecurity ratings solution uses AI and machine learning to manage your vendor’s security.
Rate your vendor's security:
Our solution assesses your vendor's security standards using several KPIs before assigning a score to help you determine your organisation’s security standards.
Compile detailed reports quickly:
Use our solution to create reports on your vendor’s security standards to share with non-technical stakeholders.
Enforce security policies with a cyber risk rating solution
Use our vendor risk rating solution to turn vendor risk management into a simple, effective practice that can scale with the number of vendors you have.
Book a free demo
Want to know how much time and money you can save with the RiskXchange platform?
Sign up for a free demo to determine how well you can improve vendor security and reduce incidents of cyberattacks.
Sign up for a free demo to determine how well you can improve vendor security and reduce incidents of cyberattacks.
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What our clients say about us
Find out what our clients have to say about our cybersecurity products.
“We are thrilled with the RiskXchange solution. Ensuring that our third-party supply chain is secure is of paramount importance to us and whereas it used to take weeks and in some cases months to complete lengthy third-party vendor assessments, it now takes us hours. The RiskXchange platform has helped us to streamline the process, saving valuable time and money, which we can re-invest into helping people in need.Miguel Fiallos, CIO at the Salvation Army
The Automated Security Ratings and Assessments solution that RiskXchange provides helps us facilitate sometimes tricky security analysis with our suppliers, making it an integral part of our vendor risk management program.”
“RiskXchange enables us to gain enterprise-level insight into our cyber security risk and identify areas for remediation. We were able to rapidly implement and configure the RiskXchange platform and establish essential policies and procedures as the foundation of a greatly improved cyber security posture.”Alain Cain, Head of Information Security at Rail Delivery Group.
FREE assessment of your vendor’s security
Don’t wait to assess your vendor’s security. Determine the security standards of your key vendors and suppliers with a free risk assessment score!
Our platform will measure your supplier’s security standards against different KPIs and give your vendor security a free quantitative score. Sign up to learn more.
Our platform will measure your supplier’s security standards against different KPIs and give your vendor security a free quantitative score. Sign up to learn more.
Free risk score