You have challenging compliance requirements, not enough time
to get audits done, and keeping up with risk assessments
including third-party vendors is a continuous problem.
Big, complex GRC platforms are expensive, take forever to deploy,
and need 2 people with wrenches to keep them going. Meanwhile,
your compliance, risk, and audit projects are piling up because of
the lack of resources. Your organization does not need overly
complex workflows, but somehow GRC vendors think “complex is
good” (and expensive).
Specific GRC Problems That IT Teams Face:
Challenging compliance requirements
Not enough time to get audits done
Keeping up with risk assessments
Vetting and managing vendors to mitigate third-party risk
Lack of resources
No easy-to-use tools
The Problem Related to Vendor Risk Management
Using third party vendors helps you increase efficiencies but also
introduces risk into your organization. According to Ponemon
Institute’s 2018 “Data Risk in the Third-Party Ecosystem” study,
59% of organizations experienced a data breach caused by a
With more than half of all breaches originating through vendors,
effectively mitigating your third-party risk is crucial. We know that
managing your vendors has become difficult to do without a
centralized platform and a defined process that gives you visibility
into the tasks and controls that need to be addressed by your
vendors. Without an easy and affordable platform to manage risks
related to your vendors these are some of the pain points we’ve
heard from you:
Traditional spreadsheets make it hard to keep track of all
your vendors and data
You have no easy view into your vendors’ strengths and
weaknesses without manual effort
There is limited time and lack of resources to assess vendors
No consistent or standard process for assessment of vendors
Difficult to monitor your vendors’ risk
You need a better way to understand which vendors have
access to certain data
Being able to efficiently handle vendor offboarding
Managing This Problem
The KCM GRC platform was developed to save you the maximum
amount of time getting GRC done.
Old-school GRC offerings require many months of implementation
and high consulting costs to stand up. KCM GRC has a simple,
intuitive user interface, easy to understand workflows, a short
learning curve, and will be fully functional in a matter of days.
In half the time and half the cost, with KCM GRC you can efficiently
manage compliance and risk initiatives, vet and manage
third-party risk, and understand at a glance what items need to be
When your next audit comes up, are you thinking: “UGH, is it that
time again?” It does not have to be that way!
With KnowBe4’s KCM you can manage your compliance and risk
projects and vet and monitor your third-party vendors faster than
ever. KCM is a surprisingly affordable Governance, Risk and
Compliance (GRC) SaaS platform that will get your audits done in
half the time!
KCM is a SaaS-based GRC platform that is surprisingly affordable
and super easy to use. Now you can move beyond using
spreadsheets and manual processes that are time consuming and
With KCM, you can effectively and efficiently manage risk and
compliance within your organization and across your third-party
vendors, while gaining insight into gaps within your security
Part of a comprehensive GRC platform consisting of the
Compliance Management (CM) – Effectively manage and
automate the compliance and audit cycles.
Policy Management (PM) – Manage policy distribution
and attestation through campaigns.
Risk Management (RM) – Identify, assess and monitor
Vendor Risk Management (VRM) – Efficiently manage
third-party vendor risk and understand at a glance, what
items need to be addressed to reduce risk.