Cybertrust today launched a partner security program in Australia aimed chiefly at managing the "extended enterprise".
The service involves assessing internal business units against standards such as ISO 17799 and Sarbanes-Oxley as well as Cybertrust-developed benchmarks.
The service has been launched in Australia prior to a global rollout.
Kerry Bailey, Cybertrust senior vice president of global services, said the partner security program helps reduce the cost of risk assessment and compliance management with an automated process.
"In an environment where many organizations have hundreds or even thousands of external business partners, it is becoming increasingly difficult to establish and maintain a true security overview of the organization as well as to manage the risk associated with the extended enterprise," Bailey said.
The program offers a single dashboard view into the status of all internal business units and external business partners that can be used to prove due diligence on third parties.
Sandra Palumbo, senior analyst with the Yankee Group said the partner security program fills a unique place in the market by helping to address business risks inherent with the extended enterprise.
"As compliance regulations continue to proliferate, it is important for organizations to embrace a formal process around partner security, and to hold their partners and vendors accountable to meeting the standard and reducing risk overall."