Whistic is a leading provider of proactive vendor security and an innovator in changing the way that companies publish and evaluate security posture to build trust. Whistic is the single source of trust for both buyers and sellers, helping companies speed up the pace of business. The Whistic Trust Catalog® now contains nearly 15,000 company profiles that can be assessed on-demand, and notable customers include Airbnb, Okta, Betterment, Vonage, Qualtrics, and other world-leading brands within healthcare, manufacturing, energy, and education. 

Campus Founders Fund

Bossanova Investimentos

FJ Labs

Album VC

Emergence

JMI Equity

Emergence Capital

Forgepoint Capital

Whistic

#AI is having its zeitgeist moment...and that certainly applies in the third-party risk management (#TPRM) industry. 

But since Whistic is doing so much in the #AI and vendor #risk space, we also feel like it's important to share our vision for where these powerful capabilities fit into your existing #VRM process. 

In our latest blog, we look at the four key stages of the vendor security assessments and share how AI integrates seamlessly to help drive fast, meaningful transformation for your business. Check it out!
https://lnkd.in/gazJ6XZB

It can be one of the most uncomfortable questions for any #TPRM team to ask:

Is my third-party #risk management program actually making my business any more secure? 

The process of #TPRM can be so time-consuming and demanding that we don't always have the bandwidth to look at the bigger picture in this way. But we've learned from Whistic survey data that most companies are assessing fewer vendors than they'd like and not assessing to the depth they'd like. In other words, they're taking on more risk—despite their best efforts.

That's what our upcoming session with SecureWorld is all about. Join us on June 20 (10am, PT/1pm ET) for an interactive webcast all about steering your TPRM program back to identifying and managing risk, instead of managing process. We'll show you how Modern TPRM breaks from the old legacy appraoch to help you up your assessment game without adding headcount or time to the process. 

Register now to reserve you're spot!
https://lnkd.in/gddREZYR

Whistic's investment in #AI-powered #TPRM isn't only for automating vendor #security assessments. As a dual-sided platform, we also deliver AI automation for vendors responding to customer questionnaires. 

Smart Response's AI engine makes it possible to automatically respond to even customized questionnaires, so vendors can work faster, be more in tune with customers and prospects, and empower their #sales teams to close more deals. 

Those are all pretty great reasons to love Smart Response, but check out our recent article for 8 more!
https://lnkd.in/gsRuD6EC

One of the biggest inhibitors to stronger vendor #security assessments is under-utilized data sources. 

Vendors receive hundreds or even thousands of assessment requests, and they often simply will not respond to time-consuming, customized security questionnaires.  That means if you only assess through a questionnaire, you're either in for a long, manual slog through raw documents...or you're taking on unnecessary risk. 

This week over at our blog, we offer a few suggestions for broadening the sources of data you utilize to complete an assessment. Then, we look at some of the ingredients of modern #TPRM that can help you utilize that data more effectively in your assessments. Check it out!
https://lnkd.in/gMNPDYgr

At Whistic, we recently launched our brand-new suite of #AI-powered #TPRM capabilities: Assessment Copilot. This powerful tool automates vendor #security assessments so you can get away from manual tasks and focus on actually managing #risk. 

But it's only the start of a total transformation in third-party risk that we call "Modern #TPRM." In this video, Whistic CEO Nick Sorensen fills you in on:

💠 What Modern TPRM is and how it differs from the legacy approach
💠 How AI unlocks opportunities for automation and faster, richer insight
💠 How Assessment Copilot in the Whistic Platform delivers Modern TPRM

You can learn more about our new Assessment Copilot here:
https://lnkd.in/g-Vhu7ar

Ready to see #AI-powered Modern TPRM for yourself? Set up a quick demo here: https://lnkd.in/gPE-pD3j

Do you ever have the nagging suspicion that you're doing all the hard work to assess your vendors...but not actually making your company more secure? 

You're not alone. 68% of companies have experienced a #security breach in the last 3 years—and 88% of those incidents originated with a third party. That can be really deflating for a hard-working #TPRM team.

If you're putting in the time and the energy to help your business understand and mitigate #risk but feel like you aren't getting the results, our upcoming #free webcast is for you. 

Join John Finizio of Whistic and our friends at SecureWorld on June 20 and learn more about breaking away from "legacy" TPRM and embracing a modern approach, so you can spend less time managing questionnaires and more time managing risk.

Register here to reserve your spot:
https://lnkd.in/gddREZYR

Bitsight offers security ratings and risk management solutions for third-party vendors.

Bitsight Security Ratings Platform

ProcessUnity provides comprehensive vendor risk management solutions.

ProcessUnity Vendor Risk Management

Coupa offers a platform for business spend management, including risk management features.

Coupa

RiskRecon specializes in third-party cyber risk management and provides detailed risk assessments.

RiskRecon

LogicGate offers a risk management platform that includes third-party risk management capabilities.

LogicGate Risk Cloud

Vanta provides automated security and compliance solutions for businesses.

Vanta

Loopio offers a response management platform for businesses, including features for third-party risk management.

Loopio

Responsive provides a platform for response management and has features for third-party risk management.

Responsive (formerly RFPIO)

Prevalent offers comprehensive third-party risk management solutions for businesses.

Prevalent

Precoro provides procurement and spend management solutions with integrated risk management features.

Precoro

VendorInsight offers a comprehensive vendor management platform with risk management capabilities.

VendorInsight

Onspring provides a flexible platform for managing risk, compliance, and other business processes.

Onspring

StandardFusion offers a platform for integrated risk management and compliance.

StandardFusion

Rencore provides governance and compliance solutions, including features for risk management.

Rencore Governance

SimpleVMS offers vendor management solutions with risk management capabilities.

SimpleVMS

Whistic is a company that transforms third-party risk management and customer trust programs, empowering the world to put security first.

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