Notify Risk Assessment vs RiskWatch Vendor Risk Management

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RiskWatch Vendor Risk Management helps organizations identify, assess, monitor, and report risks from vendors and other third parties. It assigns vendors to Tier 1, Tier 2, or Tier 3, then uses the tier to set questionnaire depth and reassessment cadence. Teams can use libraries covering SIG, CAIQ, and NIST 800-161 or upload custom questionnaires. Vendors respond through a portal, where they can complete questionnaires and attach SOC 2 reports; a parser extracts criteria, exceptions, CUECs, and gap findings from Type 1 and Type 2 reports and maps them to the customer's control library. Risk scoring covers eight categories, from cybersecurity and compliance to fourth-party risk. Monitoring integrations include BitSight, SecurityScorecard, sanctions watchlists, news feeds, and breach databases. Reports include vendor scorecards, portfolio rollups, and regulatory exam packs, with PDF and Excel exports. Mappings cover frameworks and regulations including ISO 27036, DORA, HIPAA, PCI DSS, and SOC 2. RiskWatch lists Android, iOS, API, self-hosted, and web platforms. Pricing is by request; a 7-day trial requires no credit card.