Beaconer is an AI-powered, cloud-native third-party cyber risk management platform that provides customized assessments, vendor coordination, and remediation services. The solution utilizes machine learning and an extensive database to conduct third-party cybersecurity risk assessments within 2 days of request. Beaconer offers tailored assessments based on specific requirements, handles the entire third-party risk management process, and manages vendor coordination. The system automates and manages reassessment processes, providing continuous monitoring and real-time risk assessment of third parties. It helps organizations identify, assess, and mitigate risks associated with third-party relationships, offering automated vulnerability management integration into cybersecurity frameworks for proactive risk mitigation and enhanced security posture. Beaconer ensures compliance, enables responsible oversight, and reduces compliance burdens while ensuring vendors meet standards for security and privacy.