New Portfolio Risk Findings Tool Helps Identify Riskiest Vendors
Have you heard the news? We've launched a new capability, Portfolio Risk Findings. Customers can now gain visibility into their organization's specific control coverages gapped by the riskiest third parties through the lens of any framework or threat profile.
Portfolio Risk Findings leverages both attested data and predictive risk profiles (US patent pending) to provide customers with a detailed report, measured against control coverage and a selected framework—whether industry standard or custom—or threat profile to return a score between 1% to 100%. This score helps customers identify where third parties fall on the risk spectrum, from high risk to low risk. Not only will customers have visibility into their riskiest third parties, but they’ll be able to filter their vendors by each unmet control to gain perspective on where their greatest risk lies. Customers can also filter results to identify potential business exposure of a security incident based on the nature of the relationship with the third party.
“Our goal with Portfolio Risk Findings is to help our customers find that ‘needle in a haystack.’ Given the sheer amount of vendors, partners, and suppliers organizations have, along with an evolving threat landscape, it is no longer enough to only know that a third party is ‘risky’, but where these risks lie and how critical they are to your company,” said Fred Kneip, CEO at CyberGRX. “To drive more efficiency in risk management, security teams need to understand which vendors they need to focus on and have the tools readily available to quickly mitigate risk."
To uncover your riskiest vendors and see the power of Portfolio Risk Findings, book a personalized demo.