VISO TRUST Shared Assessments Licensing Lets Risk Professionals Expand Assessments Scope Immediacy

VISO TRUST reaffirms its commitment to staying at the forefront of cybersecurity innovation by announcing the licensing of the 2024 Shared Assessments Standardized Information Gathering (SIG) Questionnaire for its state-of-the-art platform.

The Shared Assessments SIG Questionnaire is renowned across industries for its role in standardizing third-party risk information. From vendor artifacts and evidence, and with no need for human interaction, the VISO TRUST platform delivers:

  • Questionnaire-free assessments;
  • Full auto-population of the Shared Assessments SIG;
  • Uploading and full auto-population of every TPRM questionnaire, including custom questionnaires;
  • Unprecedented speed of completion of third party and Nth party assessments.

Automatically populating the SIG or any custom questionnaire from vendor artifacts and evidence, without requiring human interaction, empowers risk professionals in numerous ways. For example, it equips them to:

  1. Focus on the more strategic aspects of their mission,
  2. Expand their program’s scope to include analysis of both vendors and partners who are currently identified as high risk, and also analyze and more fully understand cyber risks presented by the broader array of their ecosystem vendors,
  3. Identify high-risk vendors with up to 500% greater accuracy,
  4. Rapidly achieve new levels of TPRM program maturity,
  5. Give senior management a new holistic perspective on vendor risk, and
  6. Alert senior management immediately on “red flags” presented by potential partners and acquisition targets, the “blast radius” and potential organizational impacts arising from partners who are experiencing security events, equip them to quickly and more completely respond to TPRM-related questions and issues raised by their Board or stakeholders.

Developed with input from 300 CISOs, the VISO TRUST Platform is relied upon by many of the largest and most mature companies, contains more than 2.4 million companies in its vendor database, recognizes more than 25 security frameworks, and leverages hundreds of different types of source artifacts.

The Shared Assessments SIG Questionnaire is revered for its thorough coverage of risk areas, enabling organizations to conduct comprehensive assessments of third-party cybersecurity. With its incorporation into VISO TRUST’s AI-powered TPRM platform, users gain the advantage of a holistic perspective on vendor risk, allowing for informed decisions with unparalleled precision.

VISO TRUST’s patented Artifact Intelligence supports any framework including the Shared Assessments framework but can also automatically complete SIG questionnaires using existing security program artifacts and evidence, and provide questionnaire-less assessments. Furthermore, it can enrich any completed SIG questionnaire to generate a comprehensive risk assessment without requiring user intervention.

Inclusion of the 2024 Shared Assessments SIG Questionnaire reflects VISO TRUST’s leadership in setting industry standards through the application of AI and adherence to best practices. This milestone further solidifies VISO TRUST’s position as an AI innovative leader in the TPRM arena and the frontrunner in cyber risk management.

For more information about VISO TRUST and its AI-powered TPRM platform, please visit www.visotrust.ai.

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