TISAX Compliance

How to Simplify TISAX Compliance

• 

  Define Organizational Risk Management Processes

  Partner with Prevalent experts to build a comprehensive third-party risk management (TPRM) or cybersecurity supply chain risk management (C-SCRM) program in line with your broader information security and governance, enterprise risk management, and compliance programs.

• 

  Build a Central Supplier Inventory

  Prevalent helps teams build a centralized supplier inventory by importing suppliers via a spreadsheet template or through an API connection to an existing procurement or supply chain solution.
  
  As all suppliers are reviewed, the Platform creates comprehensive supplier profiles that contain all documentary evidence related to the TISAX assessment, plus insights into a supplier’s demographics, ESG scores, recent business and reputational insights, data breach history, and recent financial performance.

• 

  Score Inherent Risks

  Prevalent quantifies inherent risks for all suppliers to effectively tier suppliers, set appropriate levels of further diligence, and determine the scope of ongoing assessments.

• 

  Identify Fourth and Nth-Party Suppliers

  With Prevalent, you can identify fourth-party and Nth-party suppliers in your supplier ecosystem with a questionnaire-based assessment of your suppliers or by passively scanning the supplier’s public-facing infrastructure. The resulting relationship map depicts extended dependencies that could expose your organization to risk.

• 

  Evaluate Suppliers Against TISAX Requirements

  The Platform includes a risk assessment that maps to TISAX and ISO 27001 requirements and leverages workflow automations, task management, and automated evidence review capabilities to evaluate supplier maturity scores. As well, the Prevalent solution presents assessment results in a central risk register that enables you to quickly visualize, sort, and pinpoint the most important risks.

• 

  Continuously Monitor Suppliers for Threats

  Prevalent continuously tracks and analyzes external threats to suppliers. The solutions monitor the Internet and dark web for cyber threats and vulnerabilities. Monitoring sources include:
  
  - Criminal forums; onion pages; dark web special access forums; threat feeds; and paste sites for leaked credentials — as well as several security communities, code repositories, and vulnerability databases
  
  - Databases containing several years of data breach history for thousands of companies around the world
  
  All monitoring data is correlated with assessment results and centralized in a unified risk register for each supplier, streamlining risk review, reporting, remediation, and response initiatives.

• 

  Remediate Findings

  The Prevalent Platform includes built-in remediation recommendations based on risk assessment results to ensure that your suppliers address risks in a timely and satisfactory manner and can provide the appropriate evidence to auditors.

• 

  Score and Prioritize Risks

  Once all assessment and monitoring data is correlated into a central risk register, Prevalent applies risk scoring and prioritization according to a likelihood and impact model. This model frames risks into a matrix, so you can easily see the highest impact risks and can prioritize remediation efforts on those. Assign owners and track risks and remediations to a level acceptable to the business.