Drata announced its Third-Party Risk Management offering, empowering customers to identify, evaluate, and monitor third-party risks in one centralized and integrated platform.
Third-party risk has become a critical element of a strong governance, risk, and compliance program, especially when addressing sensitivities with data protection.
Drata's new Risk Trends Report found 83% of security professionals have experienced negative consequences as a result of their current TPRM process or informal oversight process.
Investment remains a challenge, with 44% of respondents saying their company may not have the appropriate staff or resources to thoroughly screen third parties.
Drata's TPRM offering provides security teams with a comprehensive tool for identifying, assessing, and continuously monitoring risks and integrating them with internal risk profiles.
This holistic approach ensures a unified, clear view of potential exposures across the entire organization to effectively and efficiently manage third-party risks.
Vendor import via Okta SSO integration & bulk upload: streamline adding and updating vendors in a Vendor Directory.
Vendor impact analysis: standardize the assessment of Vendor Impact and Impact Level by evaluating data access, operational impact, and more.
Vendor questionnaire responses: gain deeper insight into vendor risk posture.
Vendor risks: adding reminders, categorization, and treatment to track and continuously assess the risk of vendors as part of an organization's risk register.
Vendor risk overview: easily understand, prioritize, and act on all risks across vendors.
Vendor insights dashboard: keep stakeholders up-to-date on the overall risk impact of a current vendor ecosystem.
NIST AI Risk Management Framework to proactively set standards, collect evidence, and monitor controls to ensure proper governance of AI adoption across the workforce.
HRIS integrations, automating the evidence collection and control monitoring for 23+ Human Resources Information Systems.
This Cyber News was published on www.helpnetsecurity.com. Publication date: Wed, 13 Dec 2023 14:13:05 +0000