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Drata Launches Cutting-Edge Third-Party Risk Management Solution for Enhanced Security and Compliance

RegTechDrata Launches Cutting-Edge Third-Party Risk Management Solution for Enhanced Security and Compliance

Drata, recognized as the world’s most advanced security and compliance automation platform, has unveiled its third-party risk management (TPRM) solution. This release addresses the escalating concerns around data protection, providing a timely solution for organizations navigating these challenges.

Drata’s core mission is to simplify compliance and fortify security postures, supporting numerous companies in managing over 17 compliance frameworks like SOC 2, ISO 27001, and GDPR. Its automated control monitoring and evidence collection have positioned Drata as a standout player in the RegTech landscape.

The TPRM tool from Drata empowers security teams with a comprehensive suite for identifying, assessing, and continually monitoring third-party risks. This holistic approach integrates risks with internal profiles, offering a unified view of potential exposures throughout an organization.

Drata’s TPRM capabilities encompass features such as Vendor Import via Okta SSO integration, Bulk Upload, Vendor Impact Analysis, and a Vendor Insights Dashboard. These functionalities streamline vendor management and risk assessment, contributing to an enhanced overall security framework.

In addition to TPRM, Drata has introduced the NIST AI Risk Management Framework and HRIS integrations at Drataverse Digital. These tools are poised to transform how AI adoption and HR systems are governed in terms of security and compliance.

By FCCT Editorial Team

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

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