Measure and Mitigate Third-party Cyber Security Risks

Presented by

Nakul Khandelwal : Vice President, Product Management, Safe Security

About this talk

As organizations continue to collaborate with vendors in an ever-expanding third-party ecosystem, they also expose themselves to the inherent cybersecurity risks originating from such third-party vendors. Despite knowing the risks, due to its laborious and time-consuming nature, organizations often resort to point-in-time cyber risk assessments of the top 10-15% of third parties/vendors, overlooking potentially risky vulnerabilities. What will we talk about? - The number of third-party vendors doesn't matter; real-time cyber risk monitoring does - How can you achieve this? - Quantification and distribution (tiering) of third parties based on their cybersecurity posture - Are your largest vendors really your riskiest? - Automation of third-party cybersecurity risk management - what is possible with the 'third wave' of TPRM?

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Safe Security is a pioneer in the “Cybersecurity and Digital Business Risk Quantification” (CRQ) space. It helps organizations measure and mitigates enterprise-wide cyber risk in real-time using it’s ML enabled API-First SAFE Platform by aggregating automated signals across people, process and technology, both for 1st & 3rd Party to dynamically predict the BREACH likelihood of an organization. Know more about us at www.safe.security