Shared Assessments is a member-driven consortium, founded in 2005, and serves as the trusted authority in Third Party Risk Management. The company is backed by corporations, IT service providers, and assessment firms, including the Big Four accounting firms. Shared Assessments' prime objective is to provide rigorous standards for managing risks associated with security, privacy, and business continuity controls in IT outsourcing relationships.
The company's offerings include the AUP (Agreed Upon Procedures) and the SIG (Standard Information Gathering Questionnaire), which are tools used for evaluating vendor controls for IT security, privacy, business continuity, and other third-party risks. These tools enable outsourcers, service providers, and assessment firms to save time, resources, and increase efficiencies in the assessment process, thus reducing the need for on-site assessments. Shared Assessments' member base represents a wide range of industries, including financial services, retail, and healthcare, providing critical knowledge about trends in global outsourcing. The company operates in the Information Technology and Internet industries.
