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  • Products
    PRODUCTS
    • Security Ratings
      Identify security strengths across ten risk factors.
    • Security Data
      Get actionable, data-based insights.
    • Security Assessments
      Automate security questionnaire exchange.
    • Attack Surface Intelligence
      NEW
      On-demand contextualized global threat intelligence.
    • Automatic Vendor Detection
      Uncover your third and fourth party vendors.
    • Cyber Risk Quantification
      Translate cyber risk into financial impact.
    • Reporting Center
      Streamline cyber risk reporting.
    • SecurityScorecard Marketplace
      Discover and deploy pre-built integrations.
    SERVICES
    • Active Security Services
      Test your security controls.
    • Cyber Risk Intelligence
      Partner to obtain meaningful threat intelligence.
    • Digital Forensics & Incident Response
      Prepare to respond to any threat.
    • Third-Party Risk Management
      Reduce risk across your vendor ecosystem.
    BUY NOW
    • Compare All Plans
      Choose a plan that's right for your business.
    • Try Free Account
      Make informed decisions with confidence.
    • Buy Pro Now
      Add automated event responses.
    • Buy Business Now
      Expand on Pro with vendor management and integrations.
    • Request Enterprise Demo
      See the capabilities of an enterprise plan in action.
    icon__SSClogoMark icon__SSClogoMark

    Understand and reduce risk with SecurityScorecard.

    Free account sign up
  • Solutions
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    • Compliance
    • Cyber Insurance
    • Digital Forensics
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    • Regulatory Oversight
    • Third-Party Risk
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    icon__SSClogoMark icon__SSClogoMark
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    • Locate a Partner
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      Enter new markets, deliver more value, and get rewarded.
    • Managed Service Providers
      Meet customer needs with cybersecurity ratings.
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      Learn more about the industries we support and ISAC member benefits.
    • Technology Alliances
      Access innovative solutions from leading providers.
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      Use the SCORE Partner Program to grow your business.
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      Find a trusted solution that extends your SecurityScorecard experience.

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    • Resource Center
      Explore our cybersecurity ebooks, data sheets, webinars, and more.
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      Read the latest blog posts published weekly.
    • Research & Insights Center
      Access our research on the latest industry trends and sector developments.
    • SecurityScorecard Academy
      NEW
      Complete certification courses and earn industry-recognized badges.
    TOOLS AND DOCUMENTATION
    • Free Security Rating
      Get your free ratings report with customized security score.
    • Product Release Notes
      Visit our support portal for the latest release notes.
    • Free Account Signup
      Start monitoring your cybersecurity posture today.
    • Chrome Extension
      NEW
      Show the security rating of websites you visit.
    • Assessments ROI Calculator
      Calculate the ROI of automating questionnaires.
    Trust begins with transparency. Take a look at the data that drives our ratings.
    Learn more
  • Company

    Working at SecurityScorecard

    Committed to promoting diversity, inclusion, and collaboration–and having fun while doing it.

    Join our team
    • About Us
      SecurityScorecard is the global leader in cybersecurity ratings.
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      Meet the team that is making the world a safer place.
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      Join us at any of these upcoming industry events.
    • Policy Insights
      Raising the bar on cybersecurity with security ratings.
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BLOG

Mitigating Cyber Threats With Continuous Monitoring

Erika Hammond
06/15/2022

The supply chain for organizations has become increasingly susceptible to unplanned cybersecurity interruptions that negatively impact revenue, inventory, and consumer confidence. As a result, there has been an increasing focus on understanding how critical services are delivered, the reliance on third parties and fourth parties, and key risk controls that can be implemented to mitigate the risk of cyber security incidents.

Gartner highlights a number of challenges organizations are facing with their supply chain and vendor relationships as part of their 2021 insights, specifically:

  • Third parties require more access to the organization’s data assets and are increasingly working with their own third parties, multiplying the size and complexity of the third-party network.

  • 66% of enterprise risk management executives have at least one third-party risk in their top 10 risks.

  • Twice as many compliance leaders identify third-party risk as a top threat.

  • 92% of legal and compliance leaders stated material risks could not have been identified through a point-in-time assessment

  • 60% of Chief Supply Chain Officers are expected to make faster, more accurate, and consistent decisions in real-time.

  • 27% of leaders agree that they have the talent needed to meet current supply chain performance requirements.

Organizations coordinate a myriad of vendor relationships to maintain their customer experience. That being said, it is nearly impossible to manually monitor and control emerging cybersecurity risks while anticipating and mitigating unplanning disruptions to distribution that can negatively impact customers and suppliers.

By using a central platform for continuous risk monitoring of vendors and emerging cybersecurity threats, risk mitigation can become preemptive instead of reactive. Platforms such as SecurityScorecard provide the opportunity for business process automation, application of machine learning, and real-time cyber security threat intelligence to quickly identify, assess, and mitigate risks in the supply chain before they exacerbate systemic issues.

SecurityScorecard’s platform enables awareness of risks third parties present to the business, enabling you to improve your response time to incidents from critical third parties. This level of visibility can allow organizations to develop risk thresholds that align with the organization’s appetites.

A holistic approach to risk – one that combines a 360º view of the attack surface with the ability to communicate risk meaningfully and respond effectively – is critical for business success in today’s cybersecurity threat landscape. With SecurityScorecard’s “Evolve from Risk Management to Risk Intelligence” product release, organizations now have everything they need to build a world-class risk intelligence program.


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