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“Third-party assessments could take up to 20-80 hours per vendor. With hundreds of vendors, it would take a team of two a full year to assess them all.”
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“We’re stewards of public funds, When we choose a vendor, we need to justify that decision. Now, if anyone questions why we selected a particular provider, we can point to an independent, third-party assessment. That transparency is crucial.”
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"UpGuard provides an outsider's view of how an organization is doing in terms of vendor risk with the ever-increasing susceptibility of a cyberattack."
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"Before UpGuard, our vendor risk management activities were less effective and comprehensive, even began after a vendor was onboarded. Now it's easy to monitor them via the dashboard, and it starts before they even sign the agreement."
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"This multinational provides a wide range of financial services. UpGuard helps prevent data breaches, by continuously scanning their own, as well as third-party vendors helps de-risk their exposure to suppliers and enables them to be proactive in managing third-party vendor risk."
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“Before UpGuard, we had to juggle the vendors we could monitor due to our limited-licensing structure. If we partnered with a new vendor, we had to evaluate which vendors to remove to make room.”
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"We now have an automated, robust process for validating that planned changes are made correctly. That reduces regulatory and operational risk, lowers costs, and allows us to drive continuous improvement."
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"We can now get comprehensive vulnerability reports, tied directly to specific CIs. Because of this, we’ll also be able to drive end-to-end remediation processes within ServiceNow, and tie this directly back into other areas such as GRC.”
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“We were relying on spreadsheets, emails, and a lot of back-and-forth to assess vendor security. It was slow, inconsistent, and frankly, a nightmare to manage at scale.”
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“We handle vast amounts of sensitive personal and patient data, including prescription records. If a vendor’s security posture is weak, it could expose us to regulatory risk and reputational damage. We needed a solution that would streamline risk assessments and ensure compliance without slowing the business down.”
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“We used UpGuard because it was an easily-delegated, easily-deployed product which did what we needed it to do."
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"It becomes easy to monitor hundreds of vendors on the UpGuard platform with instant email notifications if the vendor’s score drops below the threshold set based on risk or business."
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"Having an automated way to look at the attack surface is a great way to flag things like unmanned pages or EOL apps. It’s a low-hanging fruit to improve our security."
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“You see relevant information about a vendor in one place, including their location, security score.”
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"We’re not just asking our vendors security questions. We’re also performing scans to confirm there are no security concerns. This helps us automate the security questionnaire process."