AuditBoard launched its Third Get together Danger Administration answer, out there Tuesday as an extension of the corporate’s related danger platform.
The answer permits for duties like periodic monitoring of vendor management environments and vulnerabilities, the power to create customized danger assessments (or use one in every of its templates) to evaluate distributors and observe mitigation efforts, and automate the danger scoring of workflows, amongst different options.
The software program can function in tandem with AuditBoard’s CrossComply product, which permits organizations to handle their very own data safety compliance applications.
“A wave of digital danger is rising as the worldwide economic system turns into ever extra interconnected,” mentioned Rajiv Makhijani, senior vice chairman of rising merchandise at AuditBoard, in an announcement. “We have 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 danger panorama.”