The 3 Main Digital Supply Chain Risk Management Strategies to Consider

The 3 Main Digital Supply Chain Risk Management Strategies to Consider

RiskXchange provides a powerful AI-assisted, yet simple automated and centralised unique 360-degree cybersecurity risk rating management approach. Most businesses are always in the process of digital transformation – technology is updating, changing, and evolving daily so it is important to adapt with it. The “latest” challenge presents itself in the guise of cloud services which yield a great deal of … Read More

What can happen if you don’t prioritise vendor risk management

RiskXchange’s VRM framework can easily identify and mitigate third-party risk factors. Vendor risk management (VRM) is the process of dealing with monitoring and managing risks that may arise from third-party vendors and suppliers of information technology (IT) products and services. VRM programs are designed to ensure that third-party products, IT service providers and vendors cannot cause business disruption or repetitional … Read More

VRM is key to managing and monitoring third-party vendors products and services.

The number of cyberattacks and data breaches through third-party vendors is increasing and intensifying, therefore superior cybersecurity measures are needed. As businesses all around the world increase their use of outsourcing, vendor risk management (VRM) is key to managing and monitoring third-party vendors and suppliers of IT products and services. VRM and third-party management are now the most important parts … Read More

The challenges of quantifying the impact of third-party cyberattacks

The challenges of quantifying the impact of third-party cyberattacks

Cyber risk quantification is not a new term in the cybersecurity landscape. While it is still gaining momentum across modern businesses and the C-suite, the concept has been around for some time now. Cyber risk quantification, in a nutshell, is the process of measuring, validating, and analysing identified cyber risks alongside security data with the help of modelling techniques. It … Read More

The future of security compliance: understanding key priorities for vendor risk management

Today we live in a very disruptive environment. Global health systems have been threatened and the rise in threats have highlighted how we should safeguard our data and systems. Third parties are redefining how businesses compete in this new digital world. Organisations are becoming more reliant on third parties. This means that these third parties are accessing an organisation’s most … Read More

Third-party vendor security predictions for 2021

With 2020 coming to an end, many of us are breathing a sigh of relief. To say that it has been a tough year would be an understatement. This has especially been the case for the cybersecurity field. To paint a picture of the kind of year we’ve had, the Cybersecurity Breaches Survey 2020 is enlightening. The survey revealed that … Read More

Cyber resilience: making your third-party vendors part of your security environment

We live in an era where there’s a need for real-time visibility of an organisation’s security posture. Without this kind of clarity, we wouldn’t know if our efforts today will also work tomorrow. It takes only a single moment for an organisation’s defence strategy to come crashing down. Today, we need to shift to a more dynamic, real-time cyber defence. … Read More

Top Digital Supply Chain Risk Management Strategies

RiskXchange provides a unique 360-degree cybersecurity risk rating management approach. Organisations are constantly in a state of digital transformation and the switch to cloud services has thrown up a whole host of cyber risk factors. Cyber risk is very similar to health risk in the sense that the more vendors you come into contact with the greater the risk to … Read More

Vendor Risk Management (VRM) Audit Checklist

RiskXchange’s VRM framework can identify and mitigate third-party risk factors, business uncertainties, legal liabilities, and repetitional damage. Vendor risk management (VRM) encompasses all measures that monitor and manage risks that may arise from third-party vendors and suppliers of information technology (IT) products and services. VRM programs are designed to ensure that IT service providers, third-party products and vendors cannot cause … Read More