Vendor Risk Management

Vendor risk management is an increasingly complex challenge. Many businesses struggle to effectively manage a growing value chain due to the limited capabilities for continuous monitoring and reliance on manual processes. Some security concerns and aggregation issues go unseen, and overly-technical data makes decision making challenging. As a result, optimal prioritization of resources, and therefore remediation, is near impossible.

Risk Based Security’s suite of products helps you combat systemic risk and ‘shadow IT’ by empowering vendor management teams to more effectively – and continuously – evaluate and monitor the vendors in their supply chain. Our Five Star Ratings system and risk metrics makes vendor evaluation more comprehensive, decision-making more effective, and enable transparent reporting to leadership. We even empower you to put vendors on a path to improve their security posture.

Solutions for Vendor Risk Management

Intelligence

Our world-renowned researchers perform in-depth analysis to provide our customers with the high-quality intelligence they need to secure their business.

VulnDB is the world’s most comprehensive, detailed, and timely source of intelligence.

• 200,000+ known vulnerabilities, ⅓ of which are not found in CVE/NVD.
• 23,000+ monitored unique vendor products.
• Continuously monitor for potential exploits and gauge the likelihood of threats.
• Real-time email alerts for instant awareness.
• Easy-to-use SaaS portal that requires no hardware or software installation.

Cyber Risk Analytics (CRA) is the leading source of threat intelligence about organizations that have experienced a data breach or leaked credentials.

• Get actionable insight on your own organization and vendors through our easy-to-understand Five Star Ratings scale.
• Determine your value chain’s cost of ownership by drilling down on a specific vendor and their offerings.
• Assess the security of your vendors and identify a path for improvement.
• Real-time email alerts for instant awareness.
• Easy-to-use SaaS portal that requires no hardware or software installation.

YourCISO is a fully customizable, easy-to-use web portal that provides organizations with on-demand access to high-quality security and information and risk management resources.

• Practical and cost-effective solution for organizations to improve their security posture while freeing up internal staff resources.
• Strengthen the readiness of your supply chain by enabling vendors to mature their own security posture.
• Pinpoints areas of opportunity for suppliers to improve their security, providing training and policy guidance to enable them to meet your standards of cyber hygiene.
• Easy-to-use SaaS portal that requires no hardware or software installation.

Metrics, Ratings, and Insights

Determine if a product is secure and if the vendor has responded to past security issues appropriately.

• Proprietary Vulnerability Timeline and Exposure Metrics (VTEM) helps determine if a product and vendor is secure.
• Historical vulnerability data provides a complete picture.
• Gain insight as to how Risk Based Security arrives at provided ratings for full risk comprehension.

Procurement and Vendor Selection

Our products take data from numerous sources to calculate a Five Star Rating to better understand the security of an organization and their products.

• Use PreBreach ratings to reveal the cyber hygiene of an organization and determine the likelihood of a data breach.
• Conduct effective due diligence on vendors under evaluation, and during mergers & acquisitions.
• Prioritize remediation for those vendors already in your supply chain.

Compliance

Our products enable your organization to comply with relevant regulations and standards in your industry.

• Identify and prioritize vulnerabilities in your organization and supply chain.
• Mitigate the potential financial consequences and damage to your brand from non-compliance.

Reporting and Analysis

Create custom reports and dashboards to see what you need to know, at a glance.

• Display vulnerability trends, organization activity, and breakdowns of current vendors and their products in use.
• Benchmark your organization against your competitors, or compare other organizations side-by-side.

Scalability

Flexible solutions that scale and adapt to meet your needs.

• Flexible program and support options.
• Utilize our easy-to-use SaaS portals or import metadata into platforms you already use via ready-to-use integrations or RESTful API.