Greater visibility and automated response capabilities shorten the process of mitigating supply chain risk by weeks while avoiding disruptions and cascading risk from Nth-Parties
BOSTON, April 02, 2024 (GLOBE NEWSWIRE) — Black Kite, the leader in third-party cyber risk intelligence, today announced the availability of its Supply Chain & Nth Party Monitoring module. The new solution is the first in the industry to combine Nth-Party and high-profile cyber risk intelligence, including cascading and concentration risk, so organizations can anticipate and mitigate security incidents in their supply chains. In doing so, they can avoid the impacts these incidents have on their businesses, such as breaches at their own organizations, or damaging business disruptions.
Threat actors increasingly target vulnerable suppliers, often fourth, fifth, or even sixth parties, presenting potential cascading repercussions for organizations as repercussions ripple up their supply chains, and underscoring the critical need to uncover elusive risks extending beyond direct relationships. However, gaining visibility throughout the supply chain is extremely difficult. Studies show that only one…
