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.
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Who are your riskiest third parties in $ terms?
Risk-based Third-Party Tiering
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Enables focus on the most critical vendors based on loss exposure tiering driven by vendor data access, network access, and resultant business interruption.
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Difficult to identify the critical vendors.
How can I look at all telemetry from threat feeds and third parties?
Comprehensive TPRM Approach
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Consolidated threat feeds, outside-in, questionnaires, and inside-out assessments of third-party cyber risk.
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Only provides 'outside-in' but lacks holistic risk management.
How about my own security controls?
Zero-Trust TPRM
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Real-time visibility into how well first-party controls are configured to minimize third-party breaches.
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Not supported.
What can I do? What can my third parties do to mitigate risk?
Prioritized, Actionable Insights
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Prioritized, ROI-driven recommendations to reduce potential financial losses from the most critical vendor risks.
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Focuses mainly on external assessments with less emphasis on organizational controls.
How can I automate this program?
Gen-AI-Powered Automation for TPRM
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Automation for data ingestion and security analysis, eliminating manual effort and enhancing the speed and accuracy.
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Utilizes limited automation, focusing more on manual processes for risk assessment.
How can I look at all risks together?
Simple, One-Platform Solution
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Unified third and first-party risk management in a single platform.
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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
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Leverages open standards, including FAIR, FAIR-TAM, FAIR-CAM, FAIR-MAM, MITRETM ATT&CK, MITRETM D3FEND, and NIST CSF
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Utilizes proprietary 'black box' methodologies.
How can I manage my costs?
Flat Pricing Model
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Predictable, all-inclusive pricing that reduces costs by covering unlimited vendors without additional fees.
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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.