Supplier Threat Monitor

Continuous threat intelligence and monitoring

Risk Never Sleeps

It’s critical to understand your suppliers’ security controls via periodic assessments, but you also need a continuous, holistic view of potential risks and insight into your suppliers’ investments in security products.

Supplier Threat Monitor is a Software as a Service (SaaS) offering that enables organisations to continuously monitor key relationship risk areas, including:

  • Data Risk
  • Operational Risk
  • Financial Risk
  • Brand Risk, and
  • Regulatory Risk

Supplier Threat Monitor fills the gap in supplier risk management  between assessments.

Has the supplier suffered a data breach? Legal action? Fraud investigation? A hijacking of its brand for a phishing attack? Inexplicable credit risk score trend decline? These and many more potential risk events are surfaced, scored, and delivered to users via email notifications continuously, meaning you’re never in the dark about your suppliers.

Why Customers choose Supplier Threat Monitor

  • Continuous monitoring  – track a supplier’s risk profile during a contract life cycle.  Did they get breached?  Did they let go of the people handling your data?
  • Risk intelligence – identify trends in risk and proactively adapt the level of Risk Assessment across your estate
  • Validation – check and address a supplier’s risk to your organisation before on-boarding
  • New Supplier Screening – reduce the pool of viable suppliers during an RFI/RFP process to those with the least risk to the business
  • Integration – developing a broader understanding of Third Party risk and supplier threat data into the overall GRC process

Instant alerts and feedback

Supplier Threat Monitor will notify the Risk Manager associated with the relationship to determine whether the risk poses an actual threat to the organisation.  Data types that are part of this analysis include external data breach notifications, IP reputation data, malware for known domains, financial analysis, phishing attacks, regulatory issues and other publicly available information.

Organisations using Supplier Risk Manager to assess suppliers and service providers can opt to configure Supplier Threat Monitor to monitor for potential risk areas identified by Supplier Risk Manager.

In addition, the Snapshot licence is an additional service for a one-off, 30 day user licence of the full Supplier Threat Monitor functionality for a chosen existing or potential supplier. Snapshot can therefore be used to support the procurement/RFI/RFQ process in assessing and screening new suppliers.

Key Features and Benefits

  • Real-time risk information about your Third and Fourth Party relationships
  • Instant alerts and feedback sent to your desk
    Efficiently meet regulatory requirements for supplier monitoring
  • Monitor technical, operational, data, regulatory and financial risks over time
  • Identify potential risks before they become legal liabilities
  • Continuously manage your Third Party risks to compliment periodic assessments
  • Receive notification of potential data breaches without being dependent on your Third Parties
  • Screen potential new suppliers during an RFI/RFP process to reduce the pool to those with the least risk to the business
  • Seamless integration with Supplier Risk Manager for comprehensive Third Party Risk Management
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Why choose us?

We are specialists in Third Party Risk Management with over 18 years of experience in Cyber Security and Governance, Risk & Compliance
We are a Shared Assessments program member and recognised Assessment Firm with CTPRP-certified IT Security Assurance Consultants.
We are focused on delivering a Third Party Risk Management program that secures your data supply chain and enhances your IT security posture.