Shift the Burden of Risk Management
2
Months
The average time it takes for a security team to assess one vendor
29%
Breaches by third-parties
According to Security Magazine
83%
Execs said third-party risk was identified after due diligence
According to Gartner
Get analyst verified evidence from your vendors
Don’t rely on self reporting, Velocity collects evidence uploaded by your vendors, contextualizes threat intelligence, and verifies all data. Get a full picture of your vendors security and empower your team to make informed decisions.
Save time with automated vendor assessments
Vendor reviews take an average of 2+ months, and require a lot of back and forth from your security team. With Velocity submit vendors and we’ll automate reaching out to vendors, performing threat intel, collecting and verifying evidence, delivering status updates, and SOC 2 report reviews.
Continuous monitoring of vendors for accurate risk
Only reviewing vendors at initial contract is leaving your organization at risk, but most organizations don’t have the resources to review more regularly. Velocity automatically asks for updated evidence at least every 12 months, and continuously searches for new breaches and risks for each of your vendors.
Features & Benefits
Analyst Verified Evidence
Our analysts collect and verify vendor evidence from vendor interviews and threat intel data
600+ Vendor Directory
Quickly access completed assessments from our vendor directory
Vendor Status Updates
Always know the current status of assessments and automatically notify stakeholders
Third-Party Breach Costs
Track estimated breach costs of your third-parties based on the amount and type of data involved
Automated SOC 2 Report Reviews
No need to manually review SOC 2 reports again. Use our automated analysis to get a summary of the most important items
Minimum Requirements
Set minimum requirements for vendors to eliminate back and forth meetings and keep track of when vendors will adhere to your requirements
“Velocity has been a game-changer for our organization. Prior to implementation of Velocity, vendor security assessments required significant time and effort, only to produce results that weren’t consistent nor measurable. Internal assessments were managed through a myriad of spreadsheets. With Velocity, we have a tool that allows us to seamlessly transition from assessment to identifying where our time and money should be allocated to make the most improvement, as well as, produce reports to track and report on progress towards improving our security posture.”
Andy A.
Utilities Company
Automate Your Third-Party Risk Management
See how velocity can evaluate and quantity your cyber risk