Managed Services Program Provides a Scalable and Affordable Solution to Vendor Risk Challenge
An increasing amount of sensitive data is flowing to third parties while cyberattacks are at an all-time high. Most healthcare providers simply don’t have the resources, budget, or technology required to appropriately assess and manage risks to electronic protected health information (ePHI), which is shared with a growing number of vendors.
The traditional approach to vendor risk management is costly and has been demonstrated to be ineffective in today’s environment. Healthcare organizations need a scalable, actionable and affordable way to assess and manage third-party cyber risk.
Clearwater’s tech-enabled, data-driven Vendor Risk Management as a Service (VRMaaS) solution reduces the cost and resource burden associated with performing vendor risk assessments, while also providing up-to-date, accurate, and actionable risk indicators of your vendors and other third parties.
Through our VRMaaS solution, we provide the people, process and technology to implement an effective vendor risk management program that scales with your organization.
Vendor Risk Management Resources & Insights
Find White Papers, Blogs, and On-Demand Webinars specifically about Vendor Risk Management in our extensive library of educational resources.