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Home Procurement

UpGuard #1 in Supplier Risk Management for 15 Qtrs

2026/04/12
in Procurement, Supplier Management
0 0

According to www.morningstar.com, UpGuard has been ranked #1 for Third Party and Supplier Risk Management by G2 for the 15th consecutive quarter, and named among the Top 100 Best Global Software Companies out of 4,000 eligible firms in G2’s 2026 Best Software Awards.

G2 Recognition Highlights

UpGuard earned top-tier placements across multiple G2 categories: #6 for Best Governance, Risk & Compliance (GRC) Products and #14 for Best Security Software Products. These rankings are based exclusively on verified reviews from security professionals — a methodology G2 uses to ensure objectivity and real-world relevance. To qualify for the 2026 Best Software Awards, vendors needed at least 10 approved reviews submitted during the 2025 calendar year.

Customer satisfaction metrics underscore the recognition: UpGuard holds a 98 percent four- or five-star rating among G2-verified reviewers and a 94 percent approval rate on product direction.

Platform Capabilities and Real-World Impact

UpGuard’s AI-powered Cyber Risk Posture Management (CRPM) platform processes more than 100 billion risk signals every day. It unifies fragmented risk visibility across five key domains: Vendor Risk (for the supply chain), Breach Risk (external attack surface), User Risk (workforce security), Trust Exchange (data sharing), and Risk Automations (GRC engineering).

  • Automated vendor questionnaires and continuous monitoring reduce manual follow-up with third parties
  • Risk ratings provide actionable, easy-to-interpret insights for internal and external stakeholders
  • The platform supports demonstrable security maturity — critical for client-facing assurance and audit readiness

“UpGuard gives me a single place to see the real risk picture without having to chase vendors for information. The automated questionnaires, security ratings, and continuous monitoring make third party reviews smoother and a lot more consistent. It saves time, keeps everything organized, and brings clarity to conversations that used to be non-existent.” — Security Program Specialist, Insurance

“[UpGuard] has become an essential part of our cybersecurity and vendor risk management processes. The platform strikes the perfect balance between ease of use and depth of insight — we can quickly assess our own security posture and that of our vendors, track improvements over time, and demonstrate our security maturity to clients with confidence.” — Security and AI Expert, Financial Services

Context for Supply Chain Professionals

Third-party and supplier risk management has grown increasingly central to global supply chain operations — especially amid rising regulatory scrutiny (e.g., EU’s CSDDD), cross-border data sharing requirements, and escalating cyber incidents targeting vendor ecosystems. According to industry benchmarks, over 60% of organizations experienced a breach linked to a third party in the past two years (per IBM’s 2025 Cost of a Data Breach Report). UpGuard’s 15-quarter leadership streak reflects sustained alignment with practitioner needs: speed of deployment, intuitive workflows, and measurable reduction in supply chain cyber exposure. For procurement and supply chain risk teams, this recognition signals growing market validation for platforms that integrate vendor assessment, continuous monitoring, and GRC automation into a single operational layer — not just point solutions.

Source: www.morningstar.com

Compiled from international media by the SCI.AI editorial team.

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