UpGuard Vendor Risk - Allows us constant insight and monitoring for our supply chain
Use Cases and Deployment Scope
We use UpGuard Vendor Risk as part of our third-party security assurance framework. It helps us quickly understand the external security posture of our vendors and flag potential risks early.
The main problem it solved for us is reducing manual questionnaires.
It also helps us with continuously monitoring our high-risk vendors.
The main problem it solved for us is reducing manual questionnaires.
It also helps us with continuously monitoring our high-risk vendors.
Pros
- Helped us automate our vendor risk questionnaires
- Helps us continuously monitor our high-risk vendors
- All vendor risk data is in one place, organized by risk level, criticality, and status
Cons
- Integration with GRC systems, ticketing platforms could be stronger
- More configurable dashboards will be helpful
Return on Investment
- reduce the time and effort spent on vendor due diligence
- it has improved our ability to identify higher-risk vendors early and focus remediation efforts where they matter most, rather than treating all vendors the same
- more informed risk decisions
Usability
Alternatives Considered
BitSight Security Ratings, Drata, OneTrust Third-Party Management and Hyperproof
Other Software Used
Hyperproof
