Third party vendors, sellers, suppliers, and third parties in general already know the pain of filling out the same questionnaires and forms over and over again as part of the third party risk management process. Beacon by ThirdPartyTrust is the solution that automates this security risk assessment, and prospective customers can now go on a self-guided “tour” by visiting: https://www.thirdpartytrust.com/for-third-parties/
While the only way to see the full functionality of Beacon is by demoing the product on a customized call, the new tour is designed to allow customers to see themselves in one of two personas, and to then dig deeper into how Beacon can solve the specific problems unique to each persona.
Beacon is the centralized repository for all questionnaires, certifications, and attestations, including:
- SIG Core and Lite, Cloud Security Alliance CAIQ, and other questionnaires
- SOC reports, ISO certifications, HiTrust, and many others
- Penetration tests, application scans, and other attestations
- Insurance documentation and other audits
Every organization performing due diligence is after the same goals:
- Safeguarding their data
- Checking that a potential third-party will handle it the right way
- Making sure they’re not exposing their company to a potential data breach
The new tour of Beacon addresses these common TPRM goals by showing them through the lens of the person who is tasked with filling out these forms (and who often has to perform repetitive and redundant tasks to do so) and a manager whose main focus is keeping control and insight into the business process.
Enter Beacon by ThirdPartyTrust: A New Way to Scale Your Security Response Process
With Beacon, your company can take command of requests through a single security profile, including all questionnaires, certifications and attestations. When a customer asks for a certain document, you can just invite them to the ThirdPartyTrust platform to see your profile, where they’ll be able to access every piece of information in a simplified and secure manner.
Here’s how Beacon can help:
- Maintaining Ownership Control: Instead of having sales and support staff share your company’s security documents insecurely, put a formal process in place. You will differentiate from your competition proving to your customers their data will be safe.
- Getting Ahead of Security Assessments: You can save time and effort by securely sharing a single security profile, and avoid starting from scratch on every customer security assessment. There aren’t enough hours in the day to respond to each customers’ request!
- Improving Communication: If an issue arises regarding a security assessment, you can start direct messaging with your customer without leaving the platform. Thus, cutting down the back and forth and lowering the amount of emails and calls.
Third party vendors looking for a solution to their time and business problems can begin touring Beacon today.
