BreachSiren provides real-time monitoring and breach intelligence for third-party risk management, enabling community banks and credit unions to track vendor compliance with regulatory breach notifications. By leveraging a comprehensive database that covers over 88% of the U.S. population, the platform simplifies audits and enhances decision-making with actionable data.
Funding
$250K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Community banks and credit unions face challenges in continuously monitoring their vendors for compliance with regulatory breach notification requirements. Existing third-party risk management processes often lack real-time visibility into vendor-reported breaches, leading to delayed awareness and potential regulatory repercussions. Many risk and threat intelligence providers lack comprehensive data sources, making it difficult to verify vendor compliance effectively.
Solution
BreachSiren offers real-time monitoring and breach intelligence specifically designed for third-party risk management in community banks and credit unions. The platform aggregates data from federal, state, and industry sources, covering a significant portion of the U.S. population, to provide actionable insights into vendor compliance. By continuously monitoring vendor breach notifications, BreachSiren enables financial institutions to proactively identify and address potential risks, ensuring timely responses to regulatory requirements and contractual obligations. The platform simplifies audits and enhances decision-making by providing verified data on vendor-reported incidents.
Target Audience
The primary target audience includes community banks and credit unions seeking to automate and enhance their vendor risk management processes, as well as third-party risk management teams requiring real-time breach intelligence.
Features
- Real-time monitoring of vendor breach notifications via text message, email, in-platform alerts, or API.
- Comprehensive database covering over 88% of the U.S. population, including data from all 50 U.S. states and many federal bodies.
- Detailed breach information, including company name, number of records affected, date of breach, date regulator notified, and types of information breached.
- Easy integration with existing vendor management platforms through a dedicated API and engineering support.
- Free audit reports attesting to the validity of data sources for simplified evidence collection and reporting.
- Watchlist support for customized vendor monitoring based on specific requirements.
- Enterprise API and RSS feed for seamless data integration into existing risk management tools.