Third-Party Vendor Risk Management by Secureframe provides a centralized platform to monitor and govern vendor relationships, assess security posture, and ensure regulatory compliance. It enables organizations to track vendor profiles, risk assessments, documents, and history logs in a single in-app dashboard. Continuous monitoring helps uncover shadow IT and keeps the active vendor list up-to-date, while automated workflows and integrations streamline governance and response. Comply AI extracts relevant security review answers from vendor documents like SOC 2 reports and policies, populating suggested responses for review. Users can also customize their risk program with scores, tags, departments, and risk assessments, and set up recurring reviews and notifications via Jira and Slack. The result is a scalable, auditable framework that reduces third-party risk and supports frameworks such as SOC 2, ISO 27001, HIPAA, PCI DSS, GDPR, and similar standards.

The solution focuses on centralized vendor information, continuous risk monitoring, documentation management, and proactive governance. It helps security teams, compliance officers, and procurement professionals maintain an accurate, up-to-date vendor ecosystem, minimize exposure to vendor-related threats, and accelerate audit readiness.

Features & Benefits

• Centralized Vendor Management: Keeps vendor profiles, risk assessments, document attachments, and history logs in a single dashboard for quick, holistic risk visibility.
• Continuous Monitoring & Shadow IT Detection: Continuously monitors vendor risk and uncovers shadow IT by detecting apps accessed via SSO that are not on the vendor list, helping maintain an accurate active vendor catalog.
• Comply AI for TPRM: Automatically extracts answers to security review questions from vendor documents like SOC 2 reports and policies, and populates suggested answers for review.
• Customizable Risk Program: Users can create custom scores, tags, departments, and risk assessments tailored to their procurement and security needs.
• Integrations & Automation: Set up tasks and notifications via Jira and Slack to streamline approvals, reviews, and remediation workflows.