Vendor Risk Management
Assess and audit the security posture of your vendors.
The Challenge of Managing and Assessing Vendors
New regulations such as GDPR expose organizations to greater liability if they or one of their external vendors has a breach. As a result, it is more important than ever to conduct security risk audits of your business partners to avoid loss of customer data and significant regulatory fines. This is challenging since you may have hundreds of vendors to audit with varying levels of risk. How do you create a “right-sized” vendor security risk management program without slowing down the business?
Audit Your Vendors
Tugboat Logic’s Vendor Risk Management Module makes assessing your business partner’s security posture a breeze by automating the process of sending out security questionnaires to third party vendors and collecting their responses in a cloud-based centralized management console. Quickly compare and select which vendors you want to do business with, and store their InfoSec program details for auditing purposes to remain compliant with GDPR.
See it in action
How Vendor Risk Management Works
Tugboat Logic’s Vendor Risk Management Module is a one-stop-shop for understanding the security of your vendors. Upload your own security questionnaire template or use Tugboat Logic’s prebuilt questionnaire. No more sending around spreadsheets – Tugboat Logic sends invitations to your vendors to respond to your questionnaire within an intuitive web-based portal, so all of the answers are in one place.
Easily compare responses from different vendors so you can pick the lowest risk business partner. All of the responses from chosen vendors are stored in the Tugboat Logic platform as proof of compliance for audit purposes.