NAVEX Global®, a Leader in integrated risk and compliance
management solutions, has been recognized in Gartner Inc.’s report, Critical
Capabilities for IT Vendor Risk Management Tools1,
published on December 19, 2019 and authored by Christopher Ambrose and
Joanne Spencer.
This report is related to the November 2019 report, Magic Quadrant
for IT Vendor Risk Management Tools2, and is an
independent document for security and risk management professionals
interested exclusively in Vendor Risk Management (VRM) offerings.
According to the report, “IT vendor risk management (VRM) continues to
increase in importance as sourcing, procurement, vendor management, risk
and security leaders look to improve their response to increasing
regulations, program efficiency and residual vendor risks.”
The report also states that, “although regulatory compliance,
cybersecurity, information security, data protection and privacy are top
vendor threats and risks, customers are increasingly interested in
solutions that address a wide range of vendor threats and risks that can
impact business operations, brand and reputation.”
NAVEX Global’s Lockpath Platform is a fully integrated suite of
solutions that streamline and strengthen organizations’ vendor security,
compliance and risk management processes. Lockpath allows organizations
to integrate and address both strategic and IT vendor risks for a more
efficient, effective and agile program.
“Understanding and managing the risks associated with third-party
vendors is a growing and increasingly complex challenge for
organizations of all sizes across every industry,” said Bob Conlin,
NAVEX Global’s President and Chief Executive Officer. “We believe
Gartner’s latest research validates our holistic, integrated approach to
vendor risk management, and we are pleased to be recognized in this most
recent Critical Capabilities report.”
For more information, or to obtain a copy of Gartner’s Critical
Capabilities for IT Vendor Risk Management Solutions (Gartner
subscription is required), visit Gartner.com.
To learn more about NAVEX Global and the Lockpath Platform, visit lockpath.com.
1Gartner, Critical
Capabilities for IT Vendor Risk Management Tools, Christopher
Ambrose, Joanna Spencer, 19 December 2019 (report available to Gartner
subscribers).
2Gartner, Magic
Quadrant for IT Vendor Risk Management Tools, Christopher
Ambrose, Joanna Spencer, 25 November 2019.
Gartner Disclaimer
Gartner does not endorse any vendor, product or service depicted in its
research publications, and does not advise technology users to select
only those vendors with the highest ratings or other designation.
Gartner research publications consist of the opinions of Gartner’s
research organization and should not be construed as statements of the
fact. Gartner disclaims all warranties, expressed or implied, with
respect to this research, including any warranties of merchantability or
fitness for a particular purpose.
About Lockpath
Lockpath, A NAVEX Global® Company is an enterprise software
company that helps organizations understand and manage their risk. The
company’s line of integrated risk management solutions provides
companies with the means to efficiently and effectively identify,
manage, and monitor risks, for a more agile and resilient business.
Lockpath serves a client base of global organizations ranging from small
and midsize companies to Fortune 10 enterprises in more than 15
industries. For more information visit lockpath.com.
About NAVEX® Global
NAVEX Global is a worldwide leader in integrated risk and compliance
management software and services that help organizations manage risk,
address regulatory compliance requirements and foster an ethical
workplace culture. For more information visit navexglobal.com;
Ethics & Compliance Matters™ Blog (navexglobal.com/blog),
Twitter (@NAVEXGlobal twitter.com/navexglobal),
LinkedIn (linkedin.com/company/navex-global).
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