The startup offers a cybersecurity assessment platform that automates the evaluation of third-party risk by generating standardized cybersecurity ratings. This enables businesses to identify vulnerabilities and implement targeted improvement plans, thereby enhancing their security posture and minimizing the risk of data breaches.
Funding
$7.7M 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
Organizations face increasing cybersecurity threats stemming from vulnerabilities within their third-party vendor ecosystems. Traditional methods of assessing and managing these risks are often manual, time-consuming, and lack the scalability needed to address the complexities of modern supply chains. This leaves businesses exposed to potential data breaches and compliance violations.
Solution
CyberVadis offers a cloud-based platform designed to automate and streamline third-party cyber risk management. The platform provides a comprehensive solution for assessing, monitoring, and mitigating risks associated with vendors and suppliers. By leveraging standardized assessments, evidence-based validation, and collaborative tools, CyberVadis enables organizations to gain visibility into their supply chain's security posture. The platform's framework-based methodology aligns with international cybersecurity standards and regulations, ensuring compliance with GDPR, ISO 27001, NIST, NIS2, and DORA. CyberVadis also offers features such as external attack surface management and certificate detection to provide a holistic view of vendor risk.
Target Audience
CyberVadis primarily serves enterprise organizations seeking to mitigate third-party cyber risks within their supply chains, as well as vendors looking to demonstrate their cybersecurity maturity to clients.
Features
- Automated vendor cybersecurity risk assessments based on industry standards
- Evidence-based validation by cybersecurity analysts to ensure assessment reliability
- Risk management module to detect and manage vendors that don’t meet requirements
- Tailored questionnaires based on company size, industry, and IT practices
- Cyber risk scorecards that provide a snapshot of cybersecurity posture
- Personalized improvement plans with actionable steps to strengthen security
- Certificate Finder to detect certifications held by vendors
- External Attack Surface Management (EASM) to monitor threats
- Integration with procurement workflows to easily push vendors into the assessment process