mazdek
Compliance & Security All Industries

Vendor Risk Assessor

Automatic assessment and continuous monitoring of vendor risks. The agent analyzes security certifications, financial stability, and compliance status of all third parties.

83% faster vendor assessment
TPRM Supply Chain Due Diligence Risk Management Vendor

83%

Faster assessment

24/7

Continuous monitoring

500+

Data sources integrated

-70%

Manual work

About this Solution

How does the Vendor Risk Assessor work?

The Vendor Risk Assessor fully automates Third-Party Risk Management. In an era where companies work with over 1,000 external service providers on average, manual risk assessment is no longer practical.

The agent automatically collects publicly available information about your vendors: security certifications (ISO 27001, SOC 2), financial reports, news articles, data breaches, and reviews. It performs automated security scans and intelligently evaluates completed questionnaires.

Each vendor receives a dynamic risk score that automatically updates when new information becomes available. For critical changes — such as a security incident or bankruptcy — you are immediately notified.

Features

What this agent can do

Automatic Data Collection

Aggregation of information from public sources, certification databases, news portals, and financial registries.

Dynamic Risk Score

AI-based assessment with automatic updates when new information or events occur.

Questionnaire Automation

Intelligent sending, tracking, and evaluation of security questionnaires with automatic risk assessment.

Real-time Monitoring

Continuous monitoring of all vendors with immediate alerts on security incidents or status changes.

Examples

How it works in practice

1

New vendor onboarding

A new cloud provider is to be integrated into the IT infrastructure and must be assessed before contract signing.

The agent creates a complete risk report with certifications, security assessment, and recommendation within 2 hours — instead of 2 weeks of manual research.

2

Data breach at vendor

One of your software vendors reports a security incident that may also affect your data.

The agent detects the incident through news monitoring, immediately updates the risk score, notifies your security team, and provides an analysis of potential impacts.

3

Annual recertification

All critical vendors must be reassessed annually — a massive task with 200 vendors.

The agent automatically sends questionnaires, collects responses, verifies updated certifications, and generates a consolidated report for management.

FAQ

Frequently Asked Questions

Which data sources are used for risk assessment?
The agent uses over 500 data sources: certification databases (ISO, SOC), commercial registries, financial reports, news portals, security ratings (BitSight, SecurityScorecard-compatible), dark web monitoring, domain security scans, and more.
How does questionnaire automation work?
You configure questionnaire templates based on risk category and data types. The agent sends personalized questionnaires, sends reminders, automatically validates responses, and flags contradictory or incomplete answers for manual review.
Can we define our own risk criteria?
Yes, the scoring model is fully customizable. You define weightings for various criteria (e.g., certifications, financial strength, geographic risks) and thresholds for risk categories.
How are critical vendor risks escalated?
For critical events (bankruptcy, data breach, certification loss), immediate notification occurs via email, SMS, or integration into your ITSM system. The agent can also automatically display contract clauses and termination periods.

Interested in this solution?

Let's discuss how the Vendor Risk Assessor can transform your vendor risk management.