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® has a suite of products that 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.