Prevalent – Whitepaper- Achieving Compliance with TPRM
As businesses continue to diversify and globalize, organizations looking to focus squarely on core business functions are turning to third-parties to fulfill specialized services, such as web hosting, payments processing, and cloud services. Although this provides significant cost benefits, this extended ecosystem is nonetheless rife with escalating threats to data privacy and security.
This white paper reviews the key third-party risk management requirements noted in common regulatory and security frameworks, and then maps the capabilities of the Prevalent Third-Party Risk Management Platform to those requirements to illustrate the power of a unified solution to achieve compliance while
mitigating vendor risks.