More Security in the Supply Chain: LocateRisk Automates Supplier IT Risk Management
- LocateRisk launches solution for IT risk mitigation in supply chains - The new platform is based on the non-invasive LocateRisk analysis technology - Check and manage IT and DSGVO compliance automatically
With LocateRisk's IT risk analyses and monitoring, cyber risk prevention in Germany has already made significant progress. Using the platform, organizations of all sizes can effortlessly assess, continuously monitor, improve and prove the security of their IT environment at any time. Now, the cybersecurity specialists are championing greater security in the supply chain with a new SaaS platform. The fully automated solution makes it easier for companies to collaborate with business partners and suppliers to protect the security of their networks and supply chains.
Automated risk assessments bring transparency to the supply chain and make potential risk suppliers identifiable at an early stage.
Gain security with automated supplier risk management
Predefined risk profiles, contextual assessments and efficient management functions contribute to efficient control. A performance dashboard, for example, provides an immediate overview of the audited companies. Using the risk matrix, it is possible to see directly how many companies have achieved which IT security level and to view the corresponding list with the individual security scores at the click of a mouse. In addition, filters for the development process provide a quick orientation for the control.
Customizable email drafts and three result formats are available for proactive collaboration. Audited companies can view their report free of charge for one month to close potential security gaps as quickly as possible.
Minimize risks preventively Cyber attacks on digital supply chains are a lucrative business for criminals. In most cases, a single vulnerability is enough to attack several companies at once. In view of the continuing increase in threats, the EU Commission is calling for effective measures to ensure IT security in supply chains in its cyber security directive NIS 2, which came into force in January.
LocateRisk's business partner risk management enables exactly that, an objective, continuous control for the implementation of IT security and data protection requirements. Both sides, the contracting companies and their third-party companies, gain clarity and can preventively eliminate identified risks in a quick exchange.
About LocateRisk LocateRisk GmbH is a German cyber security company that enables organizations to automate security assessments of IT systems and applications to minimize cyber risks. The SaaS platform is based on sophisticated technologies that generate non-invasive IT risk analyses at freely selectable intervals. The results can be used to preventively address potential vulnerabilities and prove the effectiveness of security measures. This accelerates the company's own IT risk management as well as that of third-party companies. The solutions are multi-client capable and are suitable as security evidence for cyber insurance as well as for use in due diligence audits.
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