SolarWinds. Accellion. Microsoft Exchange Server. There seems to be a new supply chain data breach popping up in the news every day. But despite the frequency and impact of these breaches, many organizations still struggle to get timely notifications from their vendors. Why? To start, many security and risk management teams rely on antiquated, spreadsheet-based assessment methods that add unnecessary complexity – and time – to the incident response process. Others use simple breach monitoring tools that can only flag a potential event without offering any analysis of what it means to the business.
Delays in getting the right information can ultimately lead to unwanted exposure, fines or worse for your company. So, how do you keep the board off your back without crushing your team with unplanned incident response assessments?
Automate Third-Party Incident Response Data Collection
Prevalent is excited to announce new solutions designed to accelerate your incident response process. The Prevalent Third-Party Incident Response Service enables organizations to:
- Speed incident assessments by centrally managing all vendors in a single platform
- Ask the right questions of the right vendors with contextual event assessment questionnaires
- Get early warning of incidents by enabling vendors to proactively submit event assessments
- Reveal potential impacts by tracking, scoring and managing risks in a single platform
- Quickly mitigate risks to your business with access to prescriptive remediation guidance
- Satisfy the needs of regulators, board members and other stakeholders with proactive reports on incident response progress and mitigations
Flexible Options to Accelerate Third-Party Incident Response
Prevalent offers both self-service and managed service options to help security teams automate risk discovery, scoring and remediation in response to vendor data breaches.
Why Third-Party Incident Response?
Third-party data breaches aren’t going away. And neither are the headaches that come with manually collecting and analyzing the impact of an urgent breach. With the Prevalent service, your team has a faster, more programmatic process in place to:
- Automate the collection and analysis of vendor incident information, enabling your team to focus on risk mitigation
- Speed critical response time by enabling third parties to proactively submit event notifications and updates
- Be prepared for board and executive questions regarding the impact of supply chain incidents
- Demonstrate proof of your third-party breach response plan with auditors and regulators
Take the Next Step
Find out how Prevalent can accelerate your third-party breach assessment process. Learn more about the Third-Party Incident Response Service, watch our on-demand webinar, or contact us for a demo for a demo today!
Editor’s Note: This post was originally published on Prevalent.net. In October 2024, Mitratech acquired the AI-enabled third-party risk management, Prevalent. The content has since been updated to include information aligned with our product offerings, regulatory changes, and compliance.