Credence Security signed a distribution agreement with Rsam. As part of the agreement, Credence Security will be responsible for distribution of Rsam’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. Credence will also be responsible for providing the professional services associated with deployments of these solutions.
“Over the last couple of years, we have seen organizations in the region put policies and systems in place to reduce their risk and improve operations. In fact, according to a recent report by Micro Market Monitor, the Middle East & Africa enterprise governance, risk and compliance (GRC) market is expected to reach US$1.22 billion by 2019 at a CAGR of 13.2%, driven primarily by the growing need for corporate governance and risk management”, commented Vivian Gevers, Managing Director, Credence Security.
Rsam’s Vendor Risk Management (VRM) solution uses a unique relational-data model to centrally record and organize all risk management data for a 360-degree vendor view. Enterprises 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.
Rsam’s Security Incident Response Platform (SIRP) simplifies and speeds monitoring and resolution. The dynamic workflow can replicate any existing incident management process and allows organizations to make changes as the processes evolve – all from a single interface. “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” said Bill Dedrick, Chief Revenue Officer of Rsam.