Lockpath Recognized by Gartner in Critical Capabilities for IT Vendor Risk Management
Published on December 5, 2018
OVERLAND PARK, Kan. – December 5, 2018 — Lockpath, a leading provider of integrated risk management solutions, has been recognized in Gartner Inc.’s report, Critical Capabilities for IT Vendor Risk Management, published on November 12, 2018 and authored by Christopher Ambrose.
This new report is related to the July 2018 Magic Quadrant for Integrated Risk Management and also as an independent document for security and risk management professionals interested exclusively in Vendor Risk Management (VRM) offerings. In the Critical Capabilities report, Lockpath’s Keylight® Platform received the second highest scores for two of the three use cases: VRM Solution and VRM Solution and Services.
“Organizations have relied on a combination of homegrown, manual or quasi automated systems (e.g., spreadsheets and email) to identify, assess, monitor, remediate and mitigate vendor risks,” said Christopher Ambrose, VP Analyst at Gartner. “In an environment of increased outsourcing, cloud computing adoption, regulatory requirements and growing risks, these methods are not scalable or sustainable. Vendor and third-party risk involves a complex set of risks and risk assessment approaches, processes and workflows that often cross organizational boundaries.”
The Keylight Platform consists of a fully integrated suite of solutions that streamline and strengthen an organization’s vendor security, compliance and risk management processes. Keylight allows organizations to integrate and address both strategic and IT vendor risks for a more efficient, effective and agile program.
“Vendor risk is more pervasive than ever, and management processes must evolve past data protection to address risk within daily operations,” said Chris Caldwell, Lockpath’s Chief Executive Officer and Founder. “We believe a hands-on and integrated approach to vendor and third-party management will help address this full spectrum of risk. We feel Gartner’s latest research confirms this belief and we are pleased to be recognized in this new report.”
For more information or to obtain a copy of Gartner’s Critical Capabilities for IT Vendor Risk Management Solutions, visit Gartner.com (Gartner subscription required).
For more information on Lockpath and the Keylight Platform, visit Lockpath.com.
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.
Lockpath 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 on Lockpath and the Blacklight Platform, visit lockpath.com. Follow Lockpath on LinkedIn and on Twitter at @Lockpath and @KeylightGRC for the latest in industry, company and product news.