Question: Is there a third-party risk management software that uses AI to automate manual tasks and provide insights for InfoSec teams?

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Panorays

For a third-party risk management software that uses AI to automate manual processes and offer InfoSec teams more analytical insights, Panorays is a top contender. This all-in-one platform assigns real-time Risk DNA ratings to third-party connections so security can be auto-adaptive and supply chain detection can run continuously. It offers features like actionable threat alerts, AI-driven questionnaire validation and contextual risk assessments that take into account questionnaire quality and business relevance, all of which can improve cybersecurity posture and efficiency.

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Prevalent

Another strong contender is Prevalent, which uses AI and automation to assess and mitigate security risks from vendors and suppliers. The platform offers a unified view of risk assessment and monitoring, covering a range of use cases including IT vendor risk management and supplier risk management. It offers contextual risk reporting, risk remediation and support for risk management teams in industries like finance and healthcare.

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ProcessUnity

For those looking for an integrated solution, ProcessUnity is a single platform for third-party risk and cybersecurity management. It automates the entire risk lifecycle from onboarding through continuous monitoring, with customizable workflows, a Universal Data Core and AI-powered tools for third-party risk management. It's highly customizable and earned top marks in the Forrester Wave for Third-Party Risk Management Platforms.

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Whistic

Last, Whistic offers an AI-powered platform for automating vendor assessments and streamlining the process. Among its features are a centralized Trust Center, a Network Exchange for efficient information sharing and AI integration for automating tasks and generating insights. Whistic's platform reduces the likelihood of breaches, streamlines the sales process and liberates InfoSec staff, making it a good option for improving third-party risk management.

Additional AI Projects

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UpGuard

Gain unparalleled visibility into attack surfaces and third-party risk with automated scanning, evidence analysis, and real-time insights for informed decision-making.

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RiskRecon

Provides real-time visibility into digital environments, enabling companies to identify and prioritize cyber risks across third-party partners, supply chains, and internal systems.

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Bitsight

Instantly assess and reduce cyber risk across entire attack surfaces with comprehensive tools for external attack surface management, cybersecurity analytics, and more.

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Auditive

Continuously monitor vendors against specific security requirements, automating risk assessments in seconds and streamlining third-party risk management.

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Venminder

Streamlines the entire vendor lifecycle, from onboarding to offboarding, with customizable tools for questionnaire management, workflow creation, and risk assessment.

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Craft

Streamlines supplier risk assessment with a 360-degree view, enabling informed decisions, disruption avoidance, and improved supply chain performance.

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SecurityScorecard

Continuously monitor and mitigate third-party cyber risk across your entire vendor ecosystem with integrated supply chain cyber risk management and security operations.

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OneTrust

Centralize data management across all locations, gaining visibility and control over company data with automated risk management and compliance features.

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Balbix

Provides a unified view of an organization's attack surface, identifying critical vulnerabilities and offering actionable insights to reduce cyber risk.

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Tenable

Unifies attack surface visibility, providing prioritized vulnerability management and remediation guidance to mitigate cyber threats and optimize business performance.

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Flashpoint

Delivers timely, relevant, and actionable threat intelligence to empower organizations to lower risk and improve protection across multiple security teams.

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Darktrace

Identifies and responds to cyber threats in real-time, using Self-Learning AI to correlate security incidents and provide a unified view of security threats.

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Vectra AI

Spots and responds to threats in real-time with AI-powered Attack Signal Intelligence, cutting alert noise by 80% and covering 90% of hybrid cloud MITRE ATT&CK techniques.

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Wolfia

Automates up to 80% of security questionnaire, RFP, and RFI responses with precise, accurate, and cited answers, freeing up users to focus on higher-value tasks.

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Forescout

Automates cybersecurity across all connected assets, providing real-time visibility, risk management, and threat response through converged platform features.

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Varonis

Continuously discovers and classifies critical data, removes exposures, and stops threats in real-time using AI-powered automation.

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Cybereason

Unifies multiple layers of protection, including NGAV, EDR, and MDR, to provide a unified view of malicious operations and automate response to attacks.

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IBM Security Trusteer

Authenticates customers, prevents fraud, and protects against malicious users across all channels with AI-driven digital identity trust and real-time risk assessment.

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HackerOne

Leverage a global community of ethical hackers to identify and fix vulnerabilities before attackers.

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Blink

Automate security and other tasks with a no-code, low-code, or code workflow platform, leveraging thousands of pre-built integrations and AI-powered automation.