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Bitsight Announces Intent To Acquire Thirdpartytrust To Simplify And Modernize Third-Party Risk Management Throughout The Entire Vendor Lifecycle
Acquiring Company
BitSight
Acquired Company
ThirdPartyTrust
BostonInformation TechnologySoftwareSecurityCyber SecurityNetwork SecurityRisk ManagementSoftwareSecurityCyber SecurityRisk ManagementDescription
BitSight, the Standard in Security Ratings, announced today its intent to acquire ThirdPartyTrust, a comprehensive Third-Party Risk Management (TPRM) platform which automates the processes of vendor assessment and onboarding. By integrating ThirdPartyTrust into its existing TPRM solutions, BitSight provides an end-to-end third-party risk management solution that delivers real-time insights to drive strategic decision-making throughout the entire vendor lifecycle.
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Frequently asked
Who acquired ThirdPartyTrust?
ThirdPartyTrust was acquired by BitSight, based in Boston. The deal was reported on August 4, 2022. Bitsight is the global leader in cyber risk management, providing unparalleled insight into risk and threat exposure across organizations' extended attack surfaces. BitSight is privately held and operates in Information Technology.
When did BitSight acquire ThirdPartyTrust?
BitSight's acquisition of ThirdPartyTrust was reported on August 4, 2022. BitSight, the Standard in Security Ratings, announced today its intent to acquire ThirdPartyTrust, a comprehensive Third-Party Risk Management (TPRM) platform which automates the processes of vendor assessment and onboarding. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ThirdPartyTrust do?
ThirdPartyTrust is a third party risk management platform for companies and vendors to perform assessments, automate risk and compliance workflows, and share security documents. It is privately held, operating in Software.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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