In today’s business landscape, security and compliance mean everything. ‍ Because of this, many modern businesses look towards solutions that will provide customers and prospects with the most confidence and trust. One of these is SOC 2 compliance and attestation. SOC 2 is a marker of solid and consumer-minded companies that want to protect customer data.

We’re thrilled to announce Vanta Workspaces, a new capability in our platform that enables complex organizations with multiple business units to easily customize, manage, and automate compliance at both the business unit and parent organization level in a single Vanta account. With Workspaces, your organization can save time and money, improve your compliance and security posture, and accelerate revenue with the attestations and certifications your end customers require.

At Vanta, we’re on a mission to secure the internet and protect consumer data by transforming the way companies meet their security compliance and establish and deepen trust with their customers, vendors, and partners. Today we’re excited to share several announcements that help us achieve our mission.

We’re excited to announce the newest addition to Vanta’s product portfolio, Vendor Risk Management, as well as improvements to Access Reviews, and more updates from April: ‍ ‍ ‍

Businesses are using more SaaS applications than ever, with an average of 110 apps per organization. This proliferation of third-party applications means increasingly more customer and employee data is handled by external vendors. ‍ Ensuring your third-party vendors are secure by tracking risk, conducting reviews, and responding to issues is a security best practice and compliance requirement. Unfortunately, this process is often a manual — and expensive — one.