SUPPLY CHAIN SECURITY & RISK MANAGEMENT

Outsourcing business functions can be an effective way to increase output and profitability. However, outsourcing these functions provides vendors with internal data and network access. Data breaches via third-party providers has become one of the fastest-growing sources of cyber incidents accounting for 63% of data breaches. An effective end-to-end cyber security program is no longer limited to your own posture, as it now incorporates the need to monitor and manage the cyber risk posture of your supply chain and future business partners.

As third-party relationships are introduced into your organisation and granted access to segments of your network, so are a unique set of risks and security challenges. Different vendors require varying levels of access to organizational data, increasing the complexity of identifying and managing cyber risks. Organizations need to employ a collaborative approach to accurately identify and manage external risks formed through these relationships.

 

As many smaller organizations use a point-in-time approach to managing vendor risk, recent attack vector trends have shown a dramatic increase of small businesses being targeted and breached in hopes of gaining access to larger organizations. As organizations devote more resources into security and breach prevention, it’s critical to ensure your suppliers are protecting the data shared with them to the same standards.

With the current average cost of a data breach totalling AUD$5.24M and rising, it is vital for organisations to understand the specific vulnerabilities introduced by supply chain partners and third-party vendors. More than ever, there is a growing demand for business leaders to understand these external risks and the required security postures of every vendor they engage.

 

Vendor risk management helps organizations obtain clear visibility into cybersecurity risks affecting the supply chain ecosystem by proactively identifying, prioritising and remediating cyber risks posed by partners and supply chain relationships.

Key Features

Key Features

Scalable Approach

Monitor and analyse your entire supply chain to automate and assess risks via expert-curated alerts

Efficient response

Effectively respond to cyber risks and reduce resource constraints to be able to perform remediation actions with vendors.

Scalable Approach

Monitor and analyse your entire supply chain to automate and assess risks via expert-curated alerts

Efficient response

Effectively respond to cyber risks and reduce resource constraints to be able to perform remediation actions with vendors.

Prioritisation

Sophisticated cyber risk monitoring of external vendors, identification of key exposures eliminating false positives and reducing manual tasks, shifting your focus to critical risks

visibility

Exception reporting that identifies key risks enabling proactive defence against threats and management of interconnected vendor ecosystem.

Prioritisation

Sophisticated cyber risk monitoring of external vendors, identification of key exposures eliminating false positives and reducing manual tasks, shifting your focus to critical risks

visibility

Exception reporting that identifies key risks enabling proactive defence against threats and management of interconnected vendor ecosystem.

Meaningful DATA

Insight into your supply chain to help limit vendor risk and detailed recommendations

BETTER PARTNERSHIPS

Producing mutually beneficial outcomes by translating cyber risks into business objectives for vendors to improve their security posture.

Meaningful DATA

Insight into your supply chain to help limit vendor risk and detailed recommendations

BETTER PARTNERSHIPS

Producing mutually beneficial outcomes by translating cyber risks into business objectives for vendors to improve their security posture.

TAKING RESPONSIBILITY TO IMPROVE YOUR RESPONSE-ABILITY

In today’s cyber climate, an organisation’s ability to remain on the front foot is critical to mitigate against advanced threat actors. Our team’s mission is to assist businesses and organisations of all sizes to transition into a proactive model achieving a robust security posture. Utilizing a collaborative approach with you and your team we will accurately identify and manage significant risks posed by external relationships.

 

E2E Security helps you obtain a clear insight into your unique cybersecurity requirements by proactively identifying, prioritising and remediating risks posed by third-party relationships.