Bitsight for Fourth-Party Risk Management

Manage the risk surface of your vendor supply chain with continuous monitoring.

Automatically identify vendor connections with other organizations, business partners, and potentially risky fourth parties in order to:

  • Effectively validate security controls across your extended vendor portfolio
  • Trigger alerts to security incidents in your extended vendor supply chain
  • Gain visibility into the concentration of risk related to service providers and technologies
Get Vendor Risk Overview Report

Manage the risk surface of your vendor supply chain with continuous monitoring.

Automatically identify vendor connections with other organizations, business partners, and potentially risky fourth parties in order to:

  • Effectively validate security controls across your extended vendor portfolio
  • Trigger alerts to security incidents in your extended vendor supply chain
  • Gain visibility into the concentration of risk related to service providers and technologies
Overcome challenges in three key areas on your way to building and managing a sound fourth-party risk management program.
Vendor Validation

Ensure your vendors are following infosec best practices with their vendors to reduce risk in the system

Challenges include:

  • Understanding concentration risk with service providers and products in your vendor tech stack
  • Validating assessment responses from third parties on their use of fourth parties
  • Enforcing or updating contract terms to gain visibility into third party's use of fourth parties
Continuous Monitoring

Monitor your extended vendor supply chain and get alerted to security incidents that you might be indirectly affected by. 

Challenges include:

  • Maintaining continuous visibility of the extended vendor portfolio
  • Verifying the identification of products and service providers used by fourth-parties
  • Assessing exposure and the concentration of risk across the extended vendor portfolio
Effective Assurance

Get a clear understanding of your dependence on specific service providers or products and the effect of a service interruption or security incident. Mitigate concentration risk by diversifying exposure to service providers and technologies.

Challenges include:

  • A lack of objective information on your exposure to specific service providers or products.
  • Reporting on cyber risk and concentration risk across the extended vendor portfolio.
  • Reporting on cyber resiliency in business terms.
Digital Supply Chain Third Party Risk eBook