MOUNTAIN VIEW, Calif., Sept. 23, 2026 /PRNewswire/ -- UpGuard, a leader in cybersecurity and risk management, today announced that it has been named a Leader in the IDC MarketScape: Worldwide Third-Party Risk Management (TPRM) Services 2026 Vendor Assessment (doc #US53007725, September 2026).
According to the IDC MarketScape, UpGuard's "competitive pricing, streamlined deployment, and a modern UX drive high customer satisfaction and consistent growth among midmarket and enterprise buyers globally."
The IDC MarketScape report provides in-depth quantitative and qualitative technology market assessments of vendors for a wide range of industries. UpGuard believes its position as a Leader reflects the strength of its Third Party Risk Management solution, which brings together continuous risk intelligence and full vendor lifecycle workflow execution in one platform. Vendor Risk and Trust Exchange cover the full vendor lifecycle, from discovery and onboarding through assessment, questionnaire automation, and remediation, while Breach Risk and User Risk extend the same continuous monitoring to the organization's own attack surface and its workforce.
"Third-party risk management is experiencing its most consequential architectural shift in two decades, and UpGuard's sustained market performance reflects precisely where enterprise demand is concentrating. The traditional model of periodic questionnaire-based vendor assessment is being structurally displaced by continuous, evidence-driven evaluation that compresses the time from risk identification to remediation — and the vendors best positioned to lead this transition are those that have built AI into the platform's operating model rather than layered it onto existing workflows. UpGuard's Series C momentum and demonstrated customer outcomes of 50 to 75 percent reductions in assessment time mark it as a vendor that has earned market leadership through platform execution rather than market positioning," said Phillip Harris, research director, Governance, Risk, and Compliance (GRC) Solutions at IDC.
The IDC MarketScape assessment highlights several of UpGuard's strengths:
- A strong risk intelligence foundation that enables scalable, evidence-based third-party cyber-risk management.
- UpGuard delivers full life-cycle TPRM management, from discovery through reassessment and remediation.
- Integrated attack surface and vendor risk monitoring enable simultaneous management of one's own digital footprint and vendor portfolio security posture.
- Competitive pricing and modern UX make continuous monitoring–led TPRM accessible to midmarket organizations without enterprise-scale implementation complexity.
"Customers tell us what matters to them is reducing manual vendor evaluations, accelerating issue remediation, and easily providing evidence for audit preparation. We believe that this recognition from IDC MarketScape reflects that commitment we have to addressing our customers' priorities," said Kaushik Sen, CMO at UpGuard.
To read the IDC MarketScape: Worldwide Third-Party Risk Management (TPRM) Services 2026 Vendor Assessment excerpt and learn why UpGuard was named as a Leader, visit: http://upguard.com/idc.
About IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.
About UpGuard
Founded in 2012, UpGuard is a leader in cybersecurity and cyber risk management. UpGuard's Risk Operations Center, the platform for Cyber Risk Posture Management (CRPM), gives security teams one centralized, actionable view of cyber risk across their vendors, attack surface, and workforce, with AI agents that do the repetitive work and provide proof that risk is going down. Trusted by thousands of organizations, UpGuard helps lean teams run cyber risk with confidence and efficiency. UpGuard is headquartered in Hobart, Australia, with US headquarters in Mountain View, California. To learn more, visit www.upguard.com.
SOURCE UpGuard
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