BlueVoyant Enters Strategic Partnership with Third Party Risk Management Consultancy

  • Cybersecurity business BlueVoyant has introduced a strategic partnership with 3rd-celebration risk management consultancy DVV Solutions. The collaboration will permit BlueVoyant’s Cyber Risk Management (CRx) companies to be sent to DVV Solutions’ world client foundation.

    The company mentioned it can now present actionable intelligence to this cohort of prospects, helping them establish and tackle offer chain vulnerabilities. This will be principally by means of BlueVoyant’s Vendor Risk Administration (CR3) remedy, which gives visibility and experience to meet vendor risk administration necessities as effectively as strengthen organizations’ own cyber-risk techniques.

    This will increase to DVV Solutions’ at this time committed third-occasion risk administration portfolio, which encompasses on-web site/digital visits, risk assessments, questionnaires, security rankings, constant monitoring, cyber-risk maturity consultancy and regulatory compliance companies.

    In addition, BlueVoyant’s Cyber Risk Administration for Buyers (CRi) solution will also be out there within DVV Solutions’ mergers and acquisitions (M&A) consultancy. This provider showcases and mitigates the cyber-threats affiliated with opportunity transactions of this form.

    Commenting on the settlement, Robert Hannigan, chairman at BlueVoyant International, stated: “The knock-on result of COVID-19 has led to squeezed monetary margins and a reduction in the sources accessible to tackle third-celebration risk in the offer chain, just as the pandemic widens the attack floor. Our CR3 answer will provide the sought after amount of risk assessment and remediation for DVV Solutions’ clients and their vendor ecosystems, enabling them to effectively quantify, control and remediate 3rd-party security threats.”

    Sean O’Brien, running director of DVV Alternatives, stated: “Partnering with BlueVoyant is a normal extension of our third-party risk management and security checking companies. As enterprises and their vendor ecosystems have transformed in the course of an unprecedented 2020, we have observed a sharp uptick in the necessity for managed expert services, as supply chains turn out to be progressively complex. Organizations hence involve a managed company-primarily based third-bash risk administration alternative to slice through the noise, encouraging them to prioritize the most pertinent provide chain hazards.”