Vendor Risk Management Made Easy
Lose the Spreadsheets! Get better, faster answers to Vendor IT security assessments with ComplianceShield
ComplianceShield(TM) is an Information Security risk management solution that enables continuous, consistent visibility into your vendor portfolio. Unlike other solutions, ComplianceShield actually helps your vendors get and stay compliant with security best practices. Imagine replacing the large spreadsheets with an automated platform that gives you better answers and a secure, real-time view of your entire portfolio of vendors?
The Problem: Vendor Management Today
Vendor risk management has become one of the largest challenges in IT security governance. Today’s solutions have several key problems:
- Manual – Organization sends large spreadsheet to each vendor. Vendors must respond with limited answers that must be correlated and reviewed manually.
- Inconsistent – Because of the limits of spreadsheets, organizations receive information in different formats.
- Inefficient – Many organizations use a “one-size-fits-all” approach. They send the same spreadsheet to all vendors, rather than tailoring the requests to the actual risk of the organization. Vendors spend months trying to address controls that are not essential.
- Slow – The process of assessing a single vendor can take many months. Vendors needs guidance and tools to interpret the questions and make progress.
- Insecure – Vendors are submitting internal documentation via email in .zip files or uploading to a central server.
- Point-in-Time – The traditional vendor assessment represents a single point-in-time. Determining of the vendor has actually improved their security posture in next to impossible.
- Expensive – Manual effort and existing automated solutions are expensive.
The Solution: Vendor Risk Management with ComplianceShield
Transform your vendor risk management program into a consistent, risk-based portfolio management tool while saving hundreds of hours.
- Automated – A single email enables your vendors to self-register in the system. No software to install and no professional services.
- Consistent – Vendors input results and evidence in a single, consistent format that works across hundreds or thousands of vendors. The CPL Risk Score creates a measureable baseline of security maturity. Get better answers faster!
- Efficient – Organizations select from a library of pre-built security baselines, allowing different vendors to receive different assessments.
- Fast – Vendors can establish a security program and begin providing evidence in minutes instead of weeks.
- Secure – Vendors evidence is stored in a secure central repository. Confidential information is no longer sent via email chains.
- Continuous – Organizations have a single dashboard where they can view the status of all vendors in real-time. Organizations can easily focus effort on vendors that need the most help.
- FREE – ComplianceShield is paid for by vendors – not by the organization. Organizations can choose to purchase bulk-licenses for vendors, providing a flexible approach to budgeting.
Try it FREE
Organizations can try out ComplianceShield with up to 5 vendors absolutely free. Please contact us to setup your trial today.