Due to the complexity of today’s globally functioning supply chains, identifying and avoiding cyber-related third-party vendor risks is becoming more and more challenging. To add to the challenge, the cyber security of an organizations’ supply chain is no longer exclusively dependent on the prevention of system breaches, crashes or cyberattacks. Sophisticated attackers are willing to use any means necessary to gain access to sensitive data, and third-party suppliers and vendors may have fewer security controls in place than your organization, making them an easier target for an initial attack. Once breached, attackers can leverage these vendors’ access as an ingress point into their ultimate target, your organizations crown jewels.
“The supply chain stuff is really tricky.”
~Elon Musk, CvEO of Tesla and SpaceX
At TBG Security we take a methodical approach to assessing your cyber supply chain, creating an effective supply chain management program and reducing your cyber supply chain risk.
Think outside the box to come up with creative solutions to the pain points you’ve identified.
Determine key risks of third party by lines of business and risk domain. Updaate to reflect changes in regulations and business practices.
Develop the assessment methodolgoy and plan the approach to accessing the risk each vendor posses to the organization.
Once we’ve alighned on the approach and risk appetite we begin the process of assessing your third party vendor risk and identify high risk vendors