AI Powered Third-Party Vendor Risk Management
Automate Vendor Risk Management and Due Diligence with ShieldRisk
Conventional Vendor Assessment
Vendor Assessment with SpreadSheet Questioner
Data set of spreadsheets with the standard information assessment framework
Vendor services and data privacy framework differs based on type of personal and confidential data
Manual process of risk analysis of vendor security framework and effectiveness of controls
Procurement, quality, and audit team will have a tedious process of assessment of the vendor
Vendor Risk Management
Vendor Risk Management and Due Diligence
Legal & Regulatory Risk
Legal risk concerning non-compliance with legal, regulatory and statutory regulations by organization.
Disrupted business operations resulting from business processes, people, and systems.
System & Data Breaches
Systems data breaches leading to loss of business-critical information due to deficiency of technical controls.
Reputational risk is difficult to measure quantitatively has a significant impact on the brand & the customers
The inability of third-party vendors to provide the expected products and services leads to financial risk.
Data Privacy Risk
Insecure data transfer, collection, and retention of redundant data involving sharing of data with third parties
Trusted by Industry Leading Company
Vendor Risk Assessment and Audit
Key Risk Indicators And Audit Report
ShieldRisk’s Third-party Vendor Risk Management provides the organizations a profound insight into the vendor’s capabilities with risk quantification, robust citations, and appropriate information on risk posture.
POWER OF ARTIFICIAL INTELLIGENCE
Radical technology in third-party vendor risk management involves in-depth analysis, emphasizing operational and technical controls, emphasizing people, processes, and technology.
AUTONOMOUS RISK ASSESSMENT
Cutting-edge technology augments vendors’ information security and cyber-resilience and encompasses all aspects of data protection and operational risk management.