Supply chain risk management (SCRM) is the process of taking strategic steps to identify, assess and mitigate the risk in your end-to-end supply chain that your business depends on.
Supply chain cybersecurity risks can come from many aspects. Third parties with physical access to your systems, third party software code or IP, poor cybersecurity practices at suppliers, a compromised network, hardware,and software at a supplier, etc. are all ways that your security can get compromised via a third party. A comprehensive and regular supplier cybersecurity risk assessment based on industry best practices can help you identify and address third party risks proactively.
We support our clients with regular supplier cybersecurity audits to identify issues and work with their suppliers to manage the gaps expeditiously so a weakness in your supply chain doesn’t result in a devastating impact to your business.