Next-generation release embeds Cybersecurity Scores into
Argos Risk’s flagship solution, AR Surveillance
MINNEAPOLIS, MN, December 14, 2022 - Argos Risk, a leading provider of Third-Party Risk Intelligence (TPRI) services for managing and monitoring the financial viability and overall business health of third-party relationships, is excited to announce our latest release to AR Surveillance.
The next generation of our platform recently launched unveiled Cybersecurity Scores which allows subscribers to easily access and assess the cyber risk on their monitored third parties.
AR Surveillance serves the needs of constituents across multiple risk domains and applicable use cases. In partnership with RiskRecon, a registered trademark of Mastercard, we expanded our footprint beyond alerts, key metrics on business health, and ESG (Environmental, Social and Governance) scores. We now provide risk management professionals with Cybersecurity scores to help reduce their organization’s risk exposure.
The new Cybersecurity scoring process enables enterprises to understand the cyber risk performance of their third parties based on the continuous discovery of the third parties’ systems and assessment of those systems against 39 security risk criteria. This enables customers to not only manage third-party risk but also easily understand and act on cyber vulnerabilities.
AR Surveillance automatically generates and sends alerts about significant changes, including lawsuits, liens, mergers, acquisitions, key executive changes, and material news and events. It also provides key information into a company’s operations, incorporating financial viability and stability, current trade payment behavior, business health, industry outlook, ESG information, and now Cybersecurity Scores.
“As we embark on 2023, we see the future as extremely exciting for our subscribers and sales partners,” said Lori Frank, President, and CEO of Argos Risk. "Our partnership builds on our commitment to provide full third-party risk mitigation to our Subscribers, by adding sophisticated cybersecurity tools,” added Frank.
About Argos Risk
Argos Risk is a leading provider of Third-Party Risk Intelligence solutions. Over the past decade, Argos Risk has fulfilled a need for timely and comprehensive risk mitigation knowledge with third-party risk intelligence. Argos Risk provides innovative and affordable subscription services to help companies manage the risk associated with their third-party relationships in Supply Chain Management, Vendor Management, ACH/RDC origination, and Direct and Indirect Lending.
Argos Risk, LLC
T: +1 (952) 446-7582