For assessing and analyzing risk in highly regulated industries, ProcessUnity is a good option. It automates the risk lifecycle from onboarding to continuous monitoring, including vendor onboarding, assessments and continuous monitoring. With a customizable workflow platform, a Universal Data Core, and AI-powered tools for third-party risk, ProcessUnity can help with vendor risk management and is a Leader in the Forrester Wave for Third-Party Risk Management Platforms.
Another good option is Prevalent, which uses AI and automation to assess and mitigate security risks from vendors, suppliers and other third parties. It offers a unified view of risk assessment and monitoring, and includes features such as vendor risk assessment, supplier risk management, compliance, and contextual risk reporting. Prevalent is geared for industries such as finance, healthcare, insurance and retail.
Panorays is also worth considering, offering a third-party cyber risk management platform that offers real-time Risk DNA ratings for each third-party connection. It offers continuous supply chain detection and monitoring, actionable threat alerts, and automated third-party cyber risk management. Panorays offers a streamlined process for risk assessments and compliance, helping businesses to optimize their risk management processes.
Last, UpGuard offers the most visibility into attack surfaces and third-party risk through continuous monitoring. It offers automated scanning, evidence analysis and real-time alerts, along with detailed risk assessments and security ratings. UpGuard's interface is easy to use and offers real-time insights to streamline workflows and inform decisions, making it a good option for improving risk management and cybersecurity posture.