BlueVoyant Enters Strategic Partnership with Third Party Risk Management Consultancy

Cybersecurity organization BlueVoyant has declared a strategic partnership with third-party risk management consultancy DVV Solutions. The collaboration will help BlueVoyant’s Cyber Risk Administration (CRx) providers to be sent to DVV Solutions’ world wide customer foundation.

The company claimed it can now supply actionable intelligence to this cohort of shoppers, aiding them discover and address provide chain vulnerabilities. This will be generally by using BlueVoyant’s Seller Risk Administration (CR3) alternative, which features visibility and know-how to meet up with seller risk administration requirements as effectively as strengthen organizations’ have cyber-risk methods.

This will incorporate to DVV Solutions’ currently committed 3rd-party risk management portfolio, which encompasses on-web page/digital visits, risk assessments, questionnaires, security rankings, constant checking, cyber-risk maturity consultancy and regulatory compliance products and services.

In addition, BlueVoyant’s Cyber Risk Administration for Buyers (CRi) remedy will also be offered in DVV Solutions’ mergers and acquisitions (M&A) consultancy. This service showcases and mitigates the cyber-threats linked with opportunity transactions of this sort.

Commenting on the settlement, Robert Hannigan, chairman at BlueVoyant Intercontinental, mentioned: “The knock-on impact of COVID-19 has led to squeezed economic margins and a reduction in the sources accessible to deal with third-party risk in the provide chain, just as the pandemic widens the attack surface. Our CR3 resolution will supply the wanted stage of risk analysis and remediation for DVV Solutions’ shoppers and their vendor ecosystems, enabling them to successfully quantify, handle and remediate third-party security risks.”

Sean O’Brien, taking care of director of DVV Methods, stated: “Partnering with BlueVoyant is a purely natural extension of our 3rd-party risk administration and security checking expert services. As enterprises and their vendor ecosystems have improved in the course of an unparalleled 2020, we have viewed a sharp uptick in the prerequisite for managed solutions, as supply chains come to be significantly advanced. Companies thus need a managed services-centered third-party risk management option to reduce via the noise, assisting them to prioritize the most pertinent supply chain risks.”

Some components of this post are sourced from:
www.infosecurity-journal.com