New Vendor Threat Monitoring and Risk Management Technology Sets New Standards of Excellence for CISOs
Prevalent Vendor Threat Monitor™ Provides Threat Analytics to Further Enable Organizations and IT Decision Makers to Identify and Assess Potential Information Security Risks Posed from Third-Party Vendors and Service Providers
SAN FRANCISCO--(BUSINESS WIRE)--BOOTH #1038 –– Prevalent, the third-party risk and vendor threat intelligence innovators, today unveiled Vendor Threat Monitor™ (VTM). The new Prevalent vendor threat intelligence platform, which works in concert with Prevalent’s Vendor Risk Manager (VRM)TM, allows organizations and IT professionals to continuously and proactively monitor key threat vectors from third-party providers across several relationship risk areas. These include:
“The need for a reliable and scalable third-party threat monitoring and risk management platform is undeniable, which is why vendor threat monitoring and third-party risk management are white hot topics at RSA 2014 and top of mind with CXOs and data-driven businesses”
- Data Risk
- Operational Risk
- Financial Risk
- Brand Risk
“The need for a reliable and scalable third-party threat monitoring and risk management platform is undeniable, which is why vendor threat monitoring and third-party risk management are white hot topics at RSA 2014 and top of mind with CXOs and data-driven businesses,” says Norman Menz, CTO and Co-Founder, Prevalent.
The combination of Prevalent VTM and Prevalent VRM goes beyond point-in-time assessments by providing organizations with continuous monitoring and automated alerts of third-party risks and threats. This “real-time” risk and assessment helps enterprises adhere to industry compliance requirements and provides peace-of-mind by proactively identifying potential third-party risks before they become legal liabilities to the business. These best-in-class, cloud-based technologies help businesses automate, manage and monitor third- and fourth-party vendors with greater ease, efficiency and coverage across any number of vendor relationships.
Donna Karan International, a leading fashion design house and a client of Prevalent since 2006, sees great business value in Prevalent’s IT security services, software and solutions. “Prevalent has proven to be a strong technology partner to Donna Karan International and we see great value in its growing portfolio of forward-looking security services and solutions around third-party threat monitoring and risk management,” says Tisha Kalberer, Chief Financial and Administrative Officer of Donna Karan International.
Next-Generation Vendor Risk Manager® Also Showcasing at RSA Conference 2014
Prevalent is pleased to announce its next-generation Prevalent Vendor Risk Manager® technology, which is also being showcased at RSA 2014. Available now, the product’s new features and functionality include integrated support for Prevalent VTM, updates to shared assessments for SIG 2014 content that helps further analyze vendor security controls throughout an organization’s data supply chain, expanded support for OCIL 2.0 surveys, enhanced risk scoring by category, and direct integrations with Veracode and Symantec Control Compliance Suite (CCS).
Attending RSA 2014? Press, analysts and attendees interested in meeting with Prevalent during the show can email firstname.lastname@example.org; call 877-PREVALENT, or visit booth #1038 at RSA.
RSA attendees can also join Prevalent’s CEO on Wed., Feb. 26 at Noon in the West Room #2006, for a candid discussion on the challenges CISOs and business leaders face when assessing the adequacy of data and cyber security protections provided by third-party service providers. For more information click here.
Prevalent Vendor Risk Manager
Prevalent is a vendor risk and cyber threat intelligence innovator with a reputation for developing cutting-edge technologies and highly-automated services that are proven to help organizations reduce, manage and monitor the security threats and risks associated with third-party vendors. www.prevalent.net