Challenge: Consolidating Cybersecurity Within a Large Network of Third Parties
Hackers leverage complex B2B ecosystems that share sensitive information with third parties by finding the weakest link in the chain and laterally moving upwards to deliver a malicious payload or extract sensitive personal and financial data of the users.
The challenge is to synchronize the cybersecurity postures of each of the third parties involved. However, this process can be time-consuming and aggravating, when you take into account the lack of cooperation, transparency, and coordination between the central company and its adjacent software, service, or goods providers.
"Cyber risk scoring makes sure everyone is on the same page"
Solution: Implementing Continuous, Holistic Cyber Risk Assessment
To avoid the domino effect of a supply chain attack, the company needs to apply continuous cyber risk scoring of the entire business ecosystem. From that point on, the company can further coordinate the remediation of vulnerabilities among its third parties or simply look for partners with better cybersecurity. Either way, cyber risk scoring makes sure everyone is on the same page by keeping their separate, yet interconnected, cybersecurity postures on a high level.
Seif Helps You Align Third Parties with Your Risk Tolerance and Organizational Objectives
Seif platform achieves this through non-invasive scanning methods that evaluate the cybersecurity posture of third parties. Resilience is built, along with trust between business partners, as the attack surface is simultaneously reduced across the entire ecosystem of third parties.
The platform provides a set of features that analyze and report on the overall levels of cybersecurity employed by third parties. This enables the user to make data-driven decisions, proactively work with third parties to better configure access privileges, and strengthen the outer perimeter of the company’s cyber defense.
Such assessment processes used to take weeks, but thanks to Seif, all this can be done in a matter of hours. The platform’s reach extends over service providers and vendors and into 4th parties – companies that your 3rd parties outsource for various reasons.
The end result is a safer environment for business and a coordinated effort to preserve the financial stature and security of sensitive information – both those of customers and of your company and its partners alike.