The cybersecurity firm UpGuard has launched new artificial intelligence-powered tools to enhance third-party risk assessments for its users.
UpGuard’s newly launched features, AI-Powered Security Profiles and Instant Risk Assessments, aim to significantly reduce the time taken for cyber risk management processes. Users of the UpGuard platform now have the capability to conduct comprehensive vendor risk assessments in under 60 seconds, compared to the traditional weeks-long process.
Dan Bradbury, Head of Product at UpGuard, commented on the development: “This is an exciting enhancement of UpGuard’s leading cybersecurity platform, signalling a big step forward in ensuring cybersecurity teams are able to keep up with the pace of emerging risk to deliver a more secure supply chain. Our new AI-Powered Security Profile means customers no longer need to depend on outdated security questionnaires or time-consuming manual reviews, instead they’re able to share critical information and insights in minutes.”
By eliminating the reliance on cumbersome manual risk management, UpGuard’s platform allows for real-time visibility into vendor security. This facilitates proactive risk…
