Mitigate data privacy risks with third-party discovery, assessment and compliance reporting
Personally identifiable information (PII) and protected health information (PHI) represent attractive targets for cyber criminals. It is therefore essential that Chief Privacy Officers (CPOs), data protection officers (DPOs) and risk managers have an accurate view of how third parties are interacting with a company’s data to mitigate the risk of unwanted access.
However, many organizations struggle with manual, spreadsheet-based approaches that complicate everything from identifying where data resides and assessing the potential exposure to a breach, to consistently enforcing policies with third parties and reporting on compliance.
Prevalent automates data discovery, privacy impact assessments, remediation and reporting against identified risks and privacy compliance requirements. With Prevalent, organizations can build a data privacy program that is unified with vendor risk assessments for a complete view of third-party risk.
Key Benefits
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Automates the collection and analysis of third-party due diligence, helping teams to instead focus on risk management
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Unifies third-party risk management with enterprise risk management and data privacy, helping to simplify compliance
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Simplifies compliance audits, providing pre-built questionnaires and reports to satisfy multiple stakeholders
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Transforms third-party risk management from a static, point-in-time project to a continuous program leveraging real-time cyber, reputational and financial insights
Key Features
Contract Lifecycle Management
Centralize the onboarding, distribution, discussion, retention, and review of vendor contracts, and leverage workflow to automate the contract lifecycle, ensuring data protection provisions are enforced.
Data Discovery & Mapping
Combine scheduled assessments with relationship mapping to reveal where personal data exists, where it is shared, and who has access to it – all summarized in a risk register that highlights critical exposures.
Internal Privacy Risk Assessments
Conduct Privacy Impact Assessments to uncover at-risk business data and personally identifiable information (PII). Analyze the origin, nature and severity of risk and get remediation guidance.
Vendor Privacy Risk Assessments
Assess vendor controls against GDPR, CCPA, NYDFS and other privacy regulations via the Prevalent Compliance Framework (PCF). Reveal potential hot spots by mapping identified risks to specific controls.
Breach Event Notification Monitoring
Access a database containing 10+ years of data breach history for thousands of companies around the world. Includes types and quantities of stolen data; compliance and regulatory issues; and real-time vendor data breach notifications.
Privacy Compliance Reporting
Address GDPR, NYDFS, CCPA and other privacy regulations by mapping risks and assessment responses to specific controls. Access percent-compliant ratings and generate stakeholder-specific reports.
Virtual Third-Party Risk Advisor
Leverage a conversational AI trained on billions of events and more than 20 years of experience to deliver expert risk management insights in the context of industry guidelines such as NIST, ISO, SOC 2 and others.
Built-in Remediation Guidance
Take actionable steps to reduce vendor risk with built-in remediation recommendations and guidance.
Subject Access Request Workflows
Enable third parties and internal users to trigger subject access request (SAR) workflows and conduct proactive assessments to capture relevant data. Leverage Nth-party relationship maps to see where data is shared and reveal potential exposures.
Who Benefits
from Prevalent
TPRM Solutions
Learn how Prevalent helps security, risk
management, privacy, procurement, audit and
legal teams reduce vendor and supplier risk in
their organizations.
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