LOS ANGELES, CA — August 16, 2022 — AuditBoard, the main cloud-based platform reworking audit, threat, and compliance administration, at this time introduced the provision of its Third-Celebration Threat Administration answer. This highly effective new extension of AuditBoard’s linked threat platform breaks down silos and engages related stakeholders inside and out of doors the group, enabling third-party threat administration applications to scale extra effectively and meet the rising wants of their enterprise.
Managing the downstream dangers posed by a big community of third events, together with cloud distributors, has grow to be more and more difficult because the COVID-19 pandemic has accelerated the worldwide economic system’s digital transformation and corporations have come to rely extra closely on IT-related distributors. On this new period of dynamic digital threat, third-party breaches at the moment are estimated to value U.S. firms an
common of $9.5 million per incident.
Data safety, threat administration, and compliance groups want the best answer to effectively consider and mitigate third-party threat whereas managing ever-expanding cybersecurity and compliance obligations. Working along with AuditBoard’s progressive and award-winning CrossComply answer, which permits organizations to handle their data safety compliance applications at scale, AuditBoard’s Third-Celebration Threat Administration answer empowers groups to handle their general IT threat and compliance posture extra successfully.
“A wave of digital threat is rising as the worldwide economic system turns into ever extra interconnected,” mentioned Rajiv Makhijani, SVP of Rising Merchandise at AuditBoard. “We’ve created this purpose-built answer to empower our prospects to get forward of this wave by extra effectively and comprehensively managing the increasing third-party threat panorama.”
AuditBoard’s Third-Celebration Threat Administration answer permits groups to avoid wasting time, be higher companions to the enterprise, and scale by automated and collaborative workflows that allow simpler administration of third-party threat. This purpose-built answer helps customizable assessments, automated threat scoring, challenge administration, ongoing monitoring, and centralized reporting and monitoring.
To be taught extra about this new answer, go to
AuditBoard.com.
About AuditBoard
AuditBoard is the main cloud-based platform reworking audit, threat, and compliance administration. Greater than 35% of the Fortune 500 leverage AuditBoard to maneuver their companies ahead with larger readability and agility. AuditBoard is top-rated by prospects on G2, Capterra, and Gartner Peer Insights, and was lately ranked for the third 12 months in a row as one of many fastest-growing expertise firms in North America by Deloitte. To be taught extra, go to
AuditBoard.com.
