Healthcare Providers Need to Prioritize Vendor Risk ManagementIn today’s digital landscape, healthcare providers must effectively manage vendor risk to safeguard patient data and maintain regulatory compliance. With the alarming rise in data breaches targeting healthcare providers, protecting sensitive information has become more crucial than ever. Remaining compliant with regulatory requirements such as HIPAA further emphasize the importance of robust vendor risk management practices, ensuring that third-party vendors handling hospital data meet stringent security standards.
ProcessBolt is transforming the vendor risk management process by leveraging AI. The fully-integrated, AI-driven platform leverages attack surface management data, vendor evidentiary documentation, and assessment data to complete vendor risk assessments, removing an enormous amount of friction that plagues the current vendor risk management process.
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ProcessBolt AI All-In-One Integrated Platform
Collect and Verify Vendor Documentation
Instead of boringly sending out lengthy and tedious risk assessments to kickstart the process, vendors and enterprises now harness the cutting-edge capabilities of the remarkable ProcessBolt AI platform. ProcessBolt AI reviews every single policy document and audit provided by the vendors using deep natural language processing (“DNLP”). It then seamlessly answers assessment questions, incorporating verifiable citations from the very documentation it has analyzed, granting the vendor and enterprise confident verification of assessment responses.