Compliance Adherence

Third Party Risk Management

Compliance adherence in third-party risk management (TPRM) refers to ensuring that all your vendors and third-party partners meet the regulatory and industry security standards relevant to your business operations. This involves continuous monitoring, assessment, and mitigation of risks to maintain compliance and avoid legal or financial penalties.  

How ThreatNG Helps with Compliance Adherence:

ThreatNG offers a comprehensive suite of capabilities and features that significantly bolster compliance adherence in TPRM. Here's how:  

1. Superior Discovery and Assessment:

  • Identifying and Assessing Compliance Risks: ThreatNG's extensive discovery and assessment capabilities identify potential compliance violations across your third-party ecosystem. Examining various factors, such as web application security, data leak susceptibility, and ESG exposure, helps pinpoint areas of non-compliance. 

  • Examples:

    • GDPR Compliance: ThreatNG can scan third-party websites and applications for data privacy vulnerabilities, ensuring compliance with GDPR.

    • PCI DSS Compliance: For organizations handling credit card information, ThreatNG can assess their vendors' PCI DSS compliance posture, identifying potential risks like insecure storage of cardholder data.

    • HIPAA Compliance: ThreatNG can help healthcare organizations assess the HIPAA compliance of their third-party associates, ensuring patient data protection.

2. Continuous Monitoring:

  • Real-time Compliance Posture: ThreatNG continuously monitors your third-party landscape, alerting you to any changes in its security posture that might impact compliance.

3. Reporting:

  • Compliance Reporting: ThreatNG generates detailed reports on the compliance posture of your third-party vendors. These reports can be customized to meet specific regulatory requirements, providing auditors and regulators with evidence of compliance efforts.

4. Collaboration and Management:

  • Streamlining Compliance Processes: ThreatNG's collaboration and management features facilitate efficient communication and coordination between your organization and vendors. This simplifies addressing compliance gaps and ensures everyone is on the same page.  

5. Intelligence Repositories:

  • Proactive Compliance Management: ThreatNG's intelligence repositories provide valuable insights into emerging threats and vulnerabilities, allowing you to address potential compliance risks proactively before they materialize. 

Complementary Solutions and Services:

While ThreatNG offers a comprehensive solution for compliance adherence, it can be further enhanced by integrating with complementary solutions and services:

  • GRC Platforms: Integrating ThreatNG with a Governance, Risk, and Compliance (GRC) platform can provide a centralized view of your organization's overall compliance posture.

  • Compliance Consulting: Engaging compliance consultants can provide expert guidance on interpreting and meeting specific regulatory requirements.  

Examples with Investigation Modules:

  • Domain Intelligence: ThreatNG's domain intelligence module can identify shadow IT vendors use, ensuring compliance with internal security policies.  

  • Sensitive Code Exposure: This module can detect if vendors inadvertently expose sensitive data like API keys or credentials in public code repositories, violating data privacy regulations.

  • Cloud and SaaS Exposure: ThreatNG can identify if vendors use unsanctioned cloud services that may not meet your organization's compliance requirements.  

  • Dark Web Presence: Monitoring the dark web for mentions of your vendors can provide early warning of potential data breaches or compliance violations.  

By effectively utilizing ThreatNG's capabilities and integrating with complementary solutions, organizations can achieve robust compliance adherence in their third-party risk management programs, minimizing their exposure to legal, financial, and reputational damage.