Why Customers Choose SAFE TPRM
Risk-Based TPRM
SAFE quantifies third-party risk in dollars and tiers vendors based on loss magnitude and likelihood, unlike size or revenue-based tiering.
AI-Driven Automation
SAFE automates data ingestion and analysis of security assessments and questionnaires to provide real-time, prioritized insights.
Unified TPRM Platform
SAFE integrates 3rd party and 1st party cyber risk in the same platform. It delivers unified TPRM “outside-in”, questionnaires and “inside-out” assessments.
Built on Open Standards
SAFE's outputs are transparent and defensible, purpose-built on open standards such as FAIRTM, MITRETM ATT&CK, and NISTTM.
Reduced Total Cost
SAFE provides a predictable flat-rate pricing model, supports cost-effective tech stack consolidation, and cuts third-party management expenses.
Who are your riskiest third parties in $ terms?
Risk-based Third-Party Tiering
Enables focus on the most critical vendors based on loss exposure tiering driven by vendor data access, network access, and resultant business interruption.
Difficult to identify the critical vendors.
How can I look at all telemetry from threat feeds and third parties?
Comprehensive TPRM Approach
Consolidated threat feeds, outside-in, questionnaires, and inside-out assessments of third-party cyber risk.
Only provides 'outside-in' but lacks holistic risk management.
How about my own security controls?
Zero-Trust TPRM
Real-time visibility into how well first-party controls are configured to minimize third-party breaches.
Not supported.
What can I do? What can my third parties do to mitigate risk?
Prioritized, Actionable Insights
Prioritized, ROI-driven recommendations to reduce potential financial losses from the most critical vendor risks.
Focuses mainly on external assessments with less emphasis on organizational controls.
How can I automate this program?
Gen-AI-Powered Automation for TPRM
Automation for data ingestion and security analysis, eliminating manual effort and enhancing the speed and accuracy.
Utilizes limited automation, focusing more on manual processes for risk assessment.
How can I look at all risks together?
Simple, One-Platform Solution
Unified third and first-party risk management in a single platform.
Offers multiple tools but lacks integration across a unified platform, heavily based on an 'outside-in' approach.
Is it defensible and tunable?
Open Standards and Defensible
Leverages open standards, including FAIR, FAIR-TAM, FAIR-CAM, FAIR-MAM, MITRETM ATT&CK, MITRETM D3FEND, and NIST CSF
Utilizes proprietary 'black box' methodologies.
How can I manage my costs?
Flat Pricing Model
Predictable, all-inclusive pricing that reduces costs by covering unlimited vendors without additional fees.
Provides tiered pricing based on the level of services and number of vendors monitored, which results in higher costs.
Comparison based on review done on May 2024.