Prevalent is a leader in third party risk management. We help global organizations manage and monitor the security threats and risks associated with third and fourth party vendors. With increasing regulatory pressure, their solutions help reduce risk and cyber exposure to global organizations of all sizes, across industries.
As more third-party events become known and more prominent, it’s essential to use the correct baselines and metrics. Applying a framework can help dissect and define the level of risk and segment that sufficiently to react and respond in a meaningful and proportionate way.
Measuring compliance against third-party risk management requirements is complex and time consuming; and with growing numbers of data breaches originating with third parties and all the regulatory activity that comes as a result, it never lets up.
Ensuring compliance with third-party risk management (TPRM) regulatory and cyber security requirements means having the right combination of processes and controls in place, and that you can efficiently demonstrate these processes and controls to auditors.