New Vendor Risk Matrix

We’ve added a risk matrix to the Vendor Risk Executive Summary that measures vendor security ratings by business impact. This enables you to quickly focus on the most impactful areas of your third party risk management program by visualizing your vendor portfolio risk by Security Rating and Tier.

This feature will help drive action where it matters most, highlighting the vendors of highest concern in the top right of the matrix. You can then click through on each cell to see a filtered list of these vendors and start reducing your cyber risk with maximum impact.

For help setting up tiering to get the most out of this feature, check out ‘How to tier your vendors in UpGuard’.

Other improvements

• We’ve included ‘Reassessment date’ on the vendor page Excel export. The date is set when completing a risk assessment for a vendor.
• This release includes a number of bug fixes.