HyperComply has been acquired by SecurityScorecard to combine AI-driven compliance automation with supply chain risk solutions, enhancing third-party risk management capabilities for enterprises.

Target Information

HyperComply is a pioneering technology firm that focuses on automating and streamlining the cumbersome process of vendor security questionnaires. Founded by Amar and Cody, the company set out with the clear mission to transform vendor compliance through intelligent automation. HyperComply’s innovative approach not only simplifies the compliance process but also enhances workflow efficiency and fosters trust among businesses.

The acquisition of HyperComply by SecurityScorecard represents a strategic move to merge cutting-edge AI-driven compliance automation with established supply chain risk management capabilities. This integration aims to provide clients with enhanced, continuous visibility over their vendor ecosystems, which is crucial for modern enterprise risk management.

Industry Overview in the U.S.

The third-party risk management sector in the United States is rapidly evolving, driven by increasing regulatory pressures and the growing complexity of the supply ch