Posted on May 23, 2017
SecurityScorecard strives to make vendor collaboration easy and accessible. Our latest release strengthens the vendor collaboration process by:
When inviting vendors to the platform, customers now have the option to clearly set the expectations for a minimum rating level and the timeliness of suggested remediations. A minimum ratings level allows the customer to drive policy and compliance internally, while properly informing vendors of expectations.and removing any opacity on when a ratings improvement will take place.
This release will show customers the activity levels of their invited vendors. New communication tools will streamline how the vendor ecosystem creates accountability to collaboratively improve security.
Portfolio dashboard improvements now classify vendors as “active” when they have had any activity on the platform during the past 90 days. This benchmark gives a quick look at which vendors are actively working to improve their security posture within the SecurityScorecard platform.
We’re setting the vendor ecosystem up for success. Now, when an invited vendor logs into the SecurityScorecard platform for the first time, they will be prompted to go through onboarding and guided by a walk-through that explains the platform, our grading methodology, and sets customer expectations for the remediation of issues found on their scorecards.
Our improved onboarding process seamlessly directs new vendors to resources and support processes within the platform that will increase the speed at which third-parties remediate issues - leading to improved scores and lower risk.
Portfolio dashboard improvements give customers the ability to see how many invitations are pending for each vendor invited to the platform.
With these new features, customers can determine how engaged their vendors are in remediation while also developing synergy to expedite risk reduction in a measurable way.
With hackers finding new ways to attack third-parties in hopes of infecting a larger organization, the third-party ecosystem is more fragile than ever before.
The purpose of IT security risk assessment is to determine security risks to your company’s critical assets, and how much funding and effort should be used in their protection. Get started with SecurityScorecard’s step-by-step guide to managing your cyber risk.
Templates and vendor evaluations are needed to level that playing field, in a time efficient and fair way, so that the best vendors are chosen. The right vendor risk assessment template can be crafted to assure compliance with regulatory requirements.
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