Renewal of AWS CyberGRX assessment to enhance customers’ third-party due diligence process

Post Syndicated from Naranjan Goklani original https://aws.amazon.com/blogs/security/renewal-of-aws-cybergrx-assessment-to-enhance-customers-third-party-due-diligence-process/

CyberGRX

Amazon Web Services (AWS) is pleased to announce renewal of the AWS CyberGRX cyber risk assessment report. This third-party validated report helps customers perform effective cloud supplier due diligence on AWS and enhances their third-party risk management process.

With the increase in adoption of cloud products and services across multiple sectors and industries, AWS has become a critical component of customers’ third-party environments. Regulated customers are held to high standards by regulators and auditors when it comes to exercising effective due diligence on third parties.

Many customers use third-party cyber risk management (TPCRM) services such as CyberGRX to better manage risks from their evolving third-party environments and to drive operational efficiencies. To help with such efforts, AWS has completed the CyberGRX assessment of its security posture. CyberGRX security analysts perform the assessment and validate the results annually.

The CyberGRX assessment applies a dynamic approach to third-party risk assessment. This approach integrates advanced analytics, threat intelligence, and sophisticated risk models with vendors’ responses to provide an in-depth view of how a vendor’s security controls help protect against potential threats.

Vendor profiles are continuously updated as the risk level of cloud service providers changes, or as AWS updates its security posture and controls. This approach eliminates outdated static spreadsheets for third-party risk assessments, in which the risk matrices are not updated in near real time.

In addition, AWS customers can use the CyberGRX Framework Mapper to map AWS assessment controls and responses to well-known industry standards and frameworks, such as National Institute of Standards and Technology (NIST) 800-53, NIST Cybersecurity Framework, International Organization for Standardization (ISO) 27001, Payment Card Industry Data Security Standard (PCI DSS), and U.S. Health Insurance Portability and Assessment Act (HIPAA). This mapping can reduce customers’ third-party supplier due-diligence burden.

Customers can access the AWS CyberGRX report at no additional cost. Customers can request access to the report by completing an access request form, available on the AWS CyberGRX page.

As always, we value your feedback and questions. Reach out to the AWS Compliance team through the Contact Us page. If you have feedback about this post, submit comments in the Comments section below. To learn more about our other compliance and security programs, see AWS Compliance Programs.

Want more AWS Security news? Follow us on Twitter.

Naranjan Goklani

Naranjan Goklani

Naranjan is a Security Audit Manager at AWS, based in Toronto (Canada). He leads audits, attestations, certifications, and assessments across North America and Europe. Naranjan has more than 13 years of experience in risk management, security assurance, and performing technology audits. Naranjan previously worked in one of the Big 4 accounting firms and supported clients from the financial services, technology, retail, ecommerce, and utilities industries.