ShieldRisk AI: AI-Powered Third-Party Risk Management Platform
ShieldRisk supports GRC, risk, and procurement teams in enterprises and regulated organizations managing third-party cyber and compliance risks. It is designed for organizations needing to align with frameworks such as ISO 27001, GDPR, and RBI guidelines.
At a glance
- Category
- Browse Security tools
- Best for
- Enterprise companies, Regulated organizations, GRC and risk management teams, CISO and information security offices, Banks and fintech companies
- Pricing
- Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.
- Key use cases
- Vendor Onboarding Due Diligence, Regulatory Compliance Mapping, Continuous Risk Monitoring, Audit Preparation
- Official website
- Visit shieldrisk official website
ShieldRisk AI is a cloud-based platform designed to manage the lifecycle of third-party risk management (TPRM). It supports moving vendor oversight from manual spreadsheets by using AI to identify, assess, and monitor risks associated with external partners and suppliers.
The software is designed for organizations in regulated sectors, such as banking, healthcare, and government agencies. It supports the creation of risk-tiered vendor categories and uses questionnaires to gather security and privacy data.
Key capabilities include risk scoring and the mapping of vendor controls to global regulatory frameworks. This may help organizations maintain audit-readiness by keeping evidence and certifications in a centralized location.
Buyers should confirm if their specific regulatory needs match the pre-built compliance packs provided and how the AI-driven scoring aligns with their internal risk appetite.
Key Features
Cognitive Risk Scoring Engine
Uses AI and data to provide dynamic risk scores based on cybersecurity, privacy, and financial health.
Pre-Built Compliance Packs
Includes control sets and questionnaires aligned with frameworks such as ISO 27001, GDPR, and HIPAA.
Interactive Dashboards & Risk Heatmaps
Visualizes vendor risk exposure by category, geography, or business unit for reporting.
Centralized Evidence Repository
A secure storage area for vendor certifications, NDAs, and audit reports with version control.
Vendor Tiering & Lifecycle Management
Supports segmenting vendors by criticality and managing the process from onboarding to offboarding.
Audit-Ready Reports
Generates downloadable summaries and gap analyses to support regulatory reviews and internal audits.
Use Cases
Vendor Onboarding Due Diligence
Using questionnaires and risk calculators to assess a new vendor's security posture before contract signature.
Regulatory Compliance Mapping
Mapping third-party vendor controls against GDPR or HIPAA requirements to identify security gaps.
Continuous Risk Monitoring
Tracking changes in vendor risk profiles over time through periodic reassessments and threat intelligence.
Audit Preparation
Using a centralized repository to retrieve evidence and certifications for regulatory inspections.
Best For
- Enterprise companies
- Regulated organizations
- GRC and risk management teams
- CISO and information security offices
- Banks and fintech companies
Pricing
Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.
FAQ
What is ShieldRisk AI used for?
- It is used to identify, assess, monitor, and report cyber and compliance risks originating from third-party vendors and partners.
Which compliance frameworks does ShieldRisk support?
- The platform supports several frameworks, including ISO 27001, ISO 22301, GDPR, HIPAA, SOC 2, DPDPA, and NIST 800.
Who is the target user for this software?
- It is designed for CISOs, risk managers, procurement teams, and GRC teams in enterprises, banks, fintechs, and other regulated organizations.
Source category: Security
Source subcategory: Vendor Risk Management
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Categories
Software Type
How AI is used
ShieldRisk AI is a third-party risk management platform for enterprise and mid-market companies. It supports the automation of vendor assessments and continuous risk monitoring through an AI-powered scoring engine. Buyers should evaluate if its pre-built compliance packs cover their specific regional regulatory requirements.
Pros & Cons
Pros
- Supports multiple global compliance frameworks including ISO 27001 and GDPR
- Supports transitioning from spreadsheet tracking to automated workflows
- Provides visual risk heatmaps for executive reporting
- Includes tools for vendor offboarding and data deletion
Cons
- Designed for mid-market and enterprise needs, which may be complex for very small businesses
- Pricing information is not clearly available from the provided evidence
