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Renewal of Amazon Web Services CyberGRX assessment to enhance customers’ third-party due diligence process
With the increase in adoption of cloud products and services across multiple sectors and industries, Amazon Web Services 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
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 Amazon Web Services 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 This approach eliminates outdated static spreadsheets for third-party risk assessments, in which the risk matrices are not updated in near real time.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, Amazon Web Services customers can use the CyberGRX Framework Mapper to map Amazon Web Services 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 Amazon Web Services CyberGRX report at no additional cost. Customers can request access to the report by completing an access request form, available on the
As always, we value your feedback and questions. Reach out to the Amazon Web Services Compliance team through the
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