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Symantec Control Compliance Suite Vendor Risk Manager Enables Businesses to Cost-Effectively Manage Third-Party Risk

Created: 05 Mar 2013
Brian Modena's picture
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MOUNTAIN VIEW, Calif. – March 5, 2013 – Symantec today unveiled its Control Compliance Suite Vendor Risk Manager, enabling customers to better assess their third-party risk and protect their reputation and sensitive data. Control Compliance Suite Vendor Risk Manager provides a solid foundation on which to build a vendor risk management program.  Customers are able to gain visibility into their organization’s vendor risk exposure and automate the ongoing assessment of vendors’ IT security readiness.

Control Compliance Suite Vendor Risk Manager arms organizations with the following capabilities:

  • Auto-calculated vendor risk scores based on multiple evidence sources
  • Vendor tiering based on data risk and business criticality
  • Shared Assessments content for controls-based vendor assessment
  • Centralized, Web-based repository to manage the vendor assessment process and capture vendor risk data
  • Web-based vendor gateway, providing a single location for vendors to manage and respond to assessment requests from one location and route requests to appropriate contacts
  • Assessment scheduling to collect data at regular intervals, based on requirements

In addition, Control Compliance Suite Vendor Risk Manager allows CISOs to clearly communicate accurate and up-to-date vendor risk information to executives on short notice, as well as reduce the time and effort associated with collecting vendor assessment data.

Click to Tweet Vendor Risk Manager provides detailed picture of potential & ongoing risk of data handled by third parties:  http://bit.ly/WLSafc

Quote:

  • “As organizations are deploying more cloud-based everything-as-a-service third-party solutions, they are having to think about the risk this is posing to their data, said Shantanu Ghosh vice president, Data Center Security & Compliance, Symantec Corp. “Managing third-party vendor risk is essential for protecting their organization’s confidential intellectual property, and Vendor Risk Manager is helping our customers do just that.”

Additional Information and Details:

  • Availability: Control Compliance Suite Vendor Risk Manager is currently available
  • Data Sheet

About Symantec

Symantec protects the world's information, and is a global leader in security, backup and availability solutions. Our innovative products and services protect people and information in any environment – from the smallest mobile device, to the enterprise data center, to cloud-based systems. Our world-renowned expertise in protecting data, identities and interactions gives our customers confidence in a connected world. More information is available at www.symantec.com or by connecting with Symantec at: go.symantec.com/socialmedia.

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risk, risk management, cloud, third-party vendor, third party risk, compliance, security, sensitive data, vendor risk management program