Credence Security enters GRC market

Credence Security signed an distribution agreement with Rsam, an enterprise software provider for risk and compliance solutions to distribute it’s complete suite of solutions, with a particular focus on vendor risk management (VRM), security incident response and corporate risk and compliance assessments, across the Middle East and Africa. The company will also be responsible for providing the professional services associated with deployments of these solutions.

Vivian Gevers, managing director, Credence Security said, “Named a leader in the 2016 Gartner IT Risk Management Magic Quadrant, Rsam’s solutions perfectly complement our existing portfolio of cybersecurity solutions. Their highly adaptive, intuitive, feature-rich modules are easy to implement and allow businesses to automate their risk and compliance processes while adapting easily to any changes.”

Rsam Risk Assessment was designed to accommodate the spectrum of nuances, users, assets and situations in an automated way. Rsam enables organizations to identify the target of the assessment, calculate the criticality and risk, record vulnerabilities and controls, and come up with a risk score.

Rsam’s VRM solution uses a unique relational-data model to centrally record and organize all risk management data for a 360-degree vendor view. Whereas, the Security Incident Response Platform (SIRP) simplifies and speeds monitoring and resolution.

Enterprises now can identify the security and compliance controls and deficiencies for vendors with easy and keep a risk inventory of all vendors. The module also allows enterprises to broaden their assessment by integrating data from third-party sources.

“Risk and compliance concerns are truly global,” said Bill Dedrick, Chief Revenue Officer of Rsam. Growing markets like the Middle East and Africa are ideal geographies for Rsam to expand its footprint in, with a partner like Credence Security, who brings a wealth of domain and regional experience. We’re excited to work with them to expose their customers to an adaptable solution that provides value quickly and can expand to meet future use cases.”