Third-party vendors’ lack of cyber maturity leads to high impact breaches, financial loss, reputational damage, loss of intellectual property, and non-compliance fines. And yet today, only a small percentage of companies monitor the risk of all the vendors in their supply chain.
CyberVadis is the first scalable solution to cover your whole supply chain with a third-party cybersecurity risk assessment process.
The averaged cost of a data breach due to a business partner supply chain compromise
higher than the average cost of a data breach that was due to another cause
Organizations took an average of 307 days to identify and contain a business partner supply chain compromise
longer than the average lifecycle of 270 days for data breaches attributed to another cause
CyberVadis is the first solution to cover every aspect of the third-party risk assessment process while combining the speed and scalability of automation with the certainty of analyst validation. With vendor risk management software you can easily cover the risk of your whole supply chain while controlling your cost.
Assess hundreds of vendors with analyst-validated audits.
Our risk assessment methodology maps to all major international standards, including GDPR, NIST, NY DFS, CCPA, and many more. Once vendors are assessed, both parties receive a standardized scorecard, with clear improvement recommendations for vendors and the ability to collaborate on improvement actions.