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Tugboat Logic Receives Patent for Industry’s First AI-enabled RFP Response Solution Linked Directly to an Enterprise InfoSec Program
July 2021 by Marc Jacob
Tugboat Logic announced that it has received a patent for its AI-enabled RFP response solution.
The patented process outlines techniques for automating the procedure of responding to RFPs and security questionnaires with data drawn from an organization’s infosec program. These techniques enable organizations to automatically fill out RFPs and win deals faster.
With Tugboat Logic’s solution, for the first time, accurate, real-time responses can be provided to a security questionnaire using the organization’s current infosecurity system of record of policies and controls. Using the current system of record reduces errors and omissions in questionnaire responses, enabling a higher degree of trust in a business-to-business transaction. Organizations can now provide proof of compliance with evidence that controls were implemented and are verified as compliant with the expectations of customers and/or partners.
Organizations can also map and track commitments made in a security questionnaire to exact policies and controls that support their response in the submission. This is beneficial when there are future changes to the infosec program. The tool helps keep companies in compliance with its current IT security commitments through monitoring and notifying the admin to take corrective action if needed.
The following groups benefit from this new technology:
Sales teams: Representatives can now complete RFPs/Security Questionnaires with accurate answers that come directly from their documented infosec program as published within Tugboat Logic. Fewer errors and faster response times enable sales teams to build trust and close deals quickly.
InfoSec teams: With Tugboat Logic’s technology, RFP response times can be cut in half with automation and machine learning to surface the best and most relevant response to any question in a security assessment.
Third-party auditors: External compliance teams and auditors can now view and verify the veracity of responses from companies by virtue of connecting responses directly to published policies and controls of the company. This enables up to 45% faster transaction closings.
Tugboat Logic is the Security Assurance Platform that provides continuous compliance. Tugboat Logic provides automated technology to demystify the process of creating and managing an InfoSec program. With Tugboat Logic, companies can quickly get secure and prove it to customers. Powered by AI, Tugboat Logic’s patent-pending technology automates InfoSec policy creation, audit readiness, and security questionnaire response so companies can gain trust with customers and sell more. Tugboat Logic helps businesses prepare for audits in half the time and at a fraction of the cost, ensures they can respond to security questionnaires in minutes (not hours), and builds and scales their InfoSec plan in minutes.
