Know your supplier security
Managing supply chain risks made easy easy
Half of the cybersecurity incidents affecting organisations are related to vendors. With proper supervision, you can ensure the security and continuity of your own business.
Basic steps for risk management
Identify providers
The security of the technology of your providers can impact your business.
Suppliers can be categorized into three types:
Suppliers that are “connected” to your information systems
Providers that are “not connected” but who have information about the organization or its customers
Suppliers whose activity impacts the operations of the organization.
Identify and categorize risks
Rank the criticality of your suppliers by levels, ideally it can be four (very low/low, medium, high and critical).
Factors to consider:
Economic, operational, legal, reputational, personnel safety risks.
Monitoring according to risk
The same methodology will not be applicable to everyone. Those providers/services with higher risk should be subject to stricter monitoring than those with lower risk levels.
Structure monitoring along two axes:
Required Security Level
Monitor Assurance
Easily and reliably manage security at scale while focusing your efforts where your business really needs them
The right solution, tailored for you.
Risk, Security and Warranty
The criticality of each supplier can only be determined by your organization. Once established, our solutions provide the most efficient way to manage your supply chain risks.
Is a financial entity subject to EBA and DORA regulations?
Meet the Pinakes platform
European regulator guidelines require you to supervise outsourced services. That is why, in partnership with Interbank Cooperation Center, we have participated in the creation of the Center for Interbank Cooperation, we have participated in the creation of the Pinakes platform, which makes it easy for them to comply to these guidelines with maximum efficiency and advantages.