Vendor Risk Management

Drata's Vendor Risk Management solution is designed to help organizations effectively manage risks related to third-party vendors. By providing comprehensive tools for vendor assessment and monitoring, it ensures that businesses can maintain compliance and security standards, reducing potential vulnerabilities.

Features

• **Identify Vendors: **Using Okta SSO, we populate your Vendor Directory so you have a single source of truth of your vendors' security information.
• **Keep Your Vendor Directory up to Date: **Bulk Upload quickly adds vendors to your Vendor Directory, while Bulk Update easily populates new info across multiple vendors
• **Achieve Compliance: **Meet compliance requirements by documenting your vendors’ security reports, certifications, and share with auditors.
• **Assign Vendor Impact: **Standardize the way you assess vendor impact and analyze potential security threats with automated impact analysis.
• **Send & Review Questionnaires: **Gain deeper insight into your vendors’ risk posture, then review questionnaire responses and take action on their responses.
• **Use Drata AI-Generated Summaries: **Quickly understand security questionnaire responses to identify potential vendor risks, and share with internal stakeholders.
• **Evaluate & Manage Risks: **Monitor vendor risks and track them as part of your organization’s Risk Register.
• **Report to Stakeholders: **Easily interpret and share the current state of your vendor risk management program to your C-suite.