Risks and threats are inevitable, especially in dealing with vendors or third-party stakeholders.  However, we can mitigate their negative effects on our business and resources by simply assessing, reassessing, identifying threats, and basically managing these risks efficiently. In order to do this, we need the help of Vendor Security and Privacy Assessment Software.

Read the full article and find out more about this software, its benefits, its features, the top 10 software available, and the answers to the frequently asked questions by the users.

23+ Vendor Security and Privacy Assessment Software

1. Vanta

vanta

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Rating: 5/5

Price: Custom

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2. Loopio

loopios

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Rating: 4.8/5

Price: Custom

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3. RFPIO

rfpio

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Rating: 4.9/5

Price: Custom

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4. Drata

drata

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Rating: 4.5/5

Price: Custom

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5. OneTrust

onetrust

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Rating: 5/5

Price: FREE

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6. Tugboat Logic

tugboat logic

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Rating: 5/5

Price: $4,000/year

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7. Whistic

whistic

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Rating: 4.9/5

Price: Custom

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8. Prevalent

prevalent

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Rating: 4.6/5

Price: Custom

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9. ProcessBolt

processbolt

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Rating: 5/5

Price: Custom

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10. SecurityScorecard

securityscorecard

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Rating: 4.7/5

Price: Custom

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11. LAMP

lamp

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Rating: 4.5/5

Price: Custom

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12. Ostendio MyVCM

ostendio myvcm

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Rating: 4.8/5

Price: $$19.95/month

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13. Securiti

securiti

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Rating: 4.5/5

Price: FREE

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14. VGS Platform

vgs platforms

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Rating: 4.7/5

Price: FREE

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15. HyperComply

hypercomply

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Rating: 4.8/5

Price: Custom

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16. Laika

laika

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Rating: 5/5

Price: Custom

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17. Conveyor

conveyor

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Rating: 4.2/5

Price: FREE

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18. Threatwatch

threatwatch

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Rating: 5/5

Price: Custom

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19. BitSight Security Ratings

bitsight security ratings

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Rating: 4.7/5

Price: Custom

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20. Vendict

vendict

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Rating: 5/5

Price: $750/month

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21. ThirdPartyTrust

thirdpartytrust

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Rating: 5/5

Price: $7,500/year

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22. Privva

privva

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Rating: 5/5

Price: Custom

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23. RiskRecon

riskrecon

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Rating: 4.6/5

Price: Custom

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24. Skypher

skypher

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Rating: 4.5/5

Price: Custom

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What is Vendor Security and Privacy Assessment Software?

Vendor Security and Privacy Assessment Software help manage the security and privacy of vendors, service providers, and other relevant stakeholders in the companies. This software helps you understand the risk and threats and know how to mitigate them. This software assesses the vendors or third parties involved for any potential risk they might bring through identifying, reviewing, and evaluating cybersecurity policies, guidelines, documentation, and any other certification.

Benefits

This software provides a platform for taking or managing cybersecurity assessment forms and questionnaires. Companies used this for the assessment of cybersecurity and data compliance efforts of service providers and their third parties. The main benefit of this software is the ability to assess, check, identify, reassess, and mitigate risks.

Features

There are various features that are present in this software, among the common ones are CRM Software, Governance, risk and compliance Software, Cybersecurity Functionalities, and compatibility to Windows, Mac, Android 2021.

Top 10 Software

1. Vanta

Automate your security with Vanta! Enjoy their library of products such as SOC 2, HIPAA, ISO 27001, and more.

2. Loopio

Highly rated RFP Response Software? Loopio is the platform to be. Streamline the process and yes to growth here at Loopio with their products and solutions straight to your needs.

3. RFPIO

Trusted by over 200,000 plus users around the globe— RFPIO. This software offers a feeling of partnership but still delivers excellent response management in your teams, clients, and other stakeholders.

4. Drata

Compliance and security in one platform here at Drata. Build trust and earn advantages with Drata’s excellent solutions and products. Take the leap and join the world’s best, like Notion, Fullstory, Smartrecruiters, and more in trusting Drata.

5. OneTrust

This perfectly rated and cost-free platform offers privacy, security, and data governance. OneTrust is trusted by some of the leading brands in the world like Oracle, Vevo, Electrolux, Huawei and more.

6. Tugboat Logic

For only 4,000 USD per year, Tugboat Logic provides you with a perfectly-rated security assurance platform that ensures trust and wins for you.

7. Whistic

Whistic is a highly rated platform that is the best way to assess, publish, and share vendor security information. Eliminate spreadsheets, assess and respond in real-time, stop being the bottleneck.

8. Prevalent

Combining intelligence and automation— Prevalent. This is a third-party vendor risk management solution that includes sourcing & selection, intake & onboarding, inherent risk scoring, vendor risk management, and so much more.

9. ProcessBolt

Looking for an automated vendor risk management platform? ProcessBolt is the platform for you. This platform offers incoming and ongoing assessments, continuous monitoring, document scanning, and is AI-driven.

10. SecurityScorecard

Tech companies choose SecurityScorecard for their cybersecurity risk management. Understand and reduce risk with their security solutions, products, and resources.

FAQs

Who uses Vendor Security and Privacy Assessment Software?

Vendor Security and Privacy Assessment Software are used by companies, security teams, vendors, service providers, contractors, third parties, and other relevant stakeholders in the vendor-company relationship.

Is Vendor Security and Privacy Assessment Software easy to use?

Like in any other software, Vendor Security and Privacy Assessment Software need some time to adjust and master but this software is pretty straightforward.

Can I use Vendor Security and Privacy Assessment Software for free?

Vendor Security and Privacy Assessment Software are priced reasonably at different price points, some offer free of charge for a certain time, while others have free services forever benefits.

Make informed decisions, ensure the safety, security, and privacy of your vendors, and create progress by using Vendor Security and Privacy Assessment Software. Be sure to check on the full list of available software above now!

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