BitSight Security Ratings
- PCI DSS
How a Fortune 500 Automotive Aftermarket Retailer Solves Third-Party Risk Management Challenges with OneTrust VendorpediaTM + BitSight Security Ratings
For one Fortune 500 automotive aftermarket retailer, the OneTrust Vendorpedia and BitSight Security Ratings integration was the right combination to support their 2,500+ vendor landscape and a growing list of third-party risk management challenges.
By leveraging OneTrust Vendorpedia and BitSight, this retailer is making third-party risk management a more fundamental aspect of their business operations. Not only can the retailer evaluate vendor’s in a more automated and efficient manner, but their business units are more engaged in the third-party risk management processes, which will continually elevate the overall quality and drive down risk across their portfolio of vendors.
Vendorpedia and BitSight’s integration not only automates what was once an increasingly complex and time-consuming third-party risk management process, but it helps visually demonstrate third party cyber risk in a way that senior executives and board members can easily digest. The ability to overlay BitSight Security Ratings on Vendorpedia’s lineage diagrams has opened up more conversations about enterprise risk management which will positively influence all vendor-related operations.Fortune 500 Automotive Aftermarket RetailerThird-Party Risk Manager