VISO TRUST is an AI-driven third-party risk management (TPRM platform that revolutionizes how organizations assess and monitor vendor risks. By automating the due diligence process, it delivers real-time, evidence-based assessments, enabling security teams to make informed decisions swiftly. The platform's advanced AI capabilities analyze control presence, testing methodologies, exceptions, and Nth-party references, providing comprehensive insights into vendor security postures. This approach not only reduces the time and effort traditionally required for vendor assessments but also enhances the accuracy and depth of risk evaluations. With VISO TRUST, organizations can achieve a significant reduction in third-party security risk, streamline compliance processes, and maintain continuous monitoring of their vendor ecosystem.
Key Features and Functionality:
- Artifact Intelligence: Utilizes AI to discover, classify, and assess relevant control information in existing vendor artifacts, eliminating the need for manual document reviews.
- Always-On Monitoring: Provides continuous visibility into third and Nth-party risks with real-time analysis, breach alerts, and intelligence gathering.
- Effortless Management: Automates processes from outreach to analysis, enabling teams to deliver faster and scale with confidence.
- Risk Network: Offers an expanded overview of an organization's vendor network, including previously unknown fourth-party relationships, enhancing risk visibility.
- Intelligent Questionnaire Response: Automates the completion of vendor due diligence questionnaires by leveraging existing security documentation, reducing manual effort.
Primary Value and Problem Solved:
VISO TRUST addresses the challenges of traditional third-party risk management by automating and accelerating the vendor assessment process. Organizations often face time-consuming and resource-intensive procedures when evaluating vendor risks, leading to delays and potential security gaps. By leveraging AI, VISO TRUST reduces vendor assessment and onboarding time by up to 90%, cutting TPRM hours to mere minutes per vendor. This efficiency allows enterprises to achieve comprehensive risk management at scale, make informed, proactive risk decisions, and maintain continuous compliance in an increasingly complex digital landscape.
