Managing the Risk of Third-Party Attacks and Supply Chain Mapping

How to reduce supplier risk

Reduce supplier risks by assessing digital security in your supply chain and identifying weak links. Work with various departments to create a comprehensive supplier list and then use a cyber ratings tool to quickly identify and address risks

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For NIS2 companies, ensuring supply chain compliance brings multiple benefits, including risk reduction, operational continuity, regulatory compliance, and enhanced security. Partnering with compliant suppliers enables effective cybersecurity management, regulatory adherence, and protection of operations and reputation.

Why sustainability auditing is important for entrepreneurs and how to implement it

Read on to discover why sustainability auditing is important to business owners and the risks they face if they fail to meet sustainability standards in the supply chain. Also discover the benefits of sustainability controls and how business owners can implement them. Learn from successful companies that have implemented sustainability controls and invest in a resilient, sustainable supply chain that will protect and grow your business.

Digital sovereignty: a necessity for entrepreneurs in the Netherlands

Digital sovereignty is a hot topic that is receiving increasing attention. As dependence on digital systems increases, so do the risks of digital threats. Digital sovereignty includes control over digital infrastructure and data, as well as the ability to steer technological development and set norms and values. In this blog, you can read more about the importance of digital sovereignty, initiatives from the European Commission, and what entrepreneurs can do to increase their digital sovereignty.

Companies concerned about third-party supply chain management vulnerabilities

supply chain third-party trends vulnerabilities

With cyber-attacks on the rise, it is not surprising that organizations are concerned about the vulnerability of their systems and the data they manage. One worrying aspect is the lack of qualified personnel to manage their third parties. In addition, companies are often unaware of all the parties in their supply chain and struggle to understand the risks involved.

Data breaches are unfortunately all too common. Sometimes, however, an attack is so brazen that its effects reverberate for a long time. Such was the case with the SolarWinds incident, in which a state surreptitiously injected eavesdropping malware into the Oklahoma software maker's IT performance management solution used by governments and large enterprises. Organizations, from small businesses to large government agencies, were quickly reminded of their vulnerability to cyberattacks via service providers and privileged access software.

In addition to the risk of third-party attacks, many organizations struggle to map their entire supply chain. This often makes it difficult to get a complete picture of the risks in the chain, in addition to the associated liabilities. In addition, many companies struggle to find qualified personnel to manage their third-party vendors. This can lead to challenges in managing the risks and liabilities associated with these parties.

One possible solution to these challenges is RiskStudio. The solution can help companies map their supply chain and get a complete picture of the risks involved. In addition, RiskStudio offers the opportunity to improve the quality of collaboration with third parties. This allows companies to better manage the challenges associated with managing third parties.

Frequently asked questions about Third-Party management

Source: https://scmagazine.com/

Published by RiskStudio

Mar 7, 2023