Discover CyRisk Solutions by Use Case

Use Cases

Third Party/Vendor Risk Management

Today, many cyber-attacks start with vulnerabilities in a Third-Party Service Provider or Vendor. An attacker will leverage the trust your company puts in a vendor with weak security by exploiting the elevated access you give to your vendors. CyRisk automates third-party and vendor risk management, using both outside-in and inside-out data, combined with expert support to help you evaluate and mitigate security weaknesses before they are exploited.

CyRisk creates immediate evaluations of all of your vendors; combining thorough investigations of your vendors’ security posture and internal assessments and attestations. CyRisk’s extensive Third-Party Risk Management tools will help you stratify your vendor risk and focus on ensuring your critical vendors are secure and accountable.

Supply Chain Risk Management

Managing your supply chain risk now extends not only to the security of your vendors, but also the security of their tech stack and their ability to meet your customers’ requirements. CyRisk streamlines the security and compliance assessment process, so you can conduct both internal and external assessments, establish benchmarks and goals, for you and for your vendors. CyRisk helps you ensure and prove that you and your vendors meet all of your customer’s requirements, all the way from the customer to across your supply chain.

Enterprise Risk Management

Primarily seen as an operational risk, cyber risk has long been a problem child for enterprise risk managers. Not long ago, there as a general lack of quality data relating to cyber risk, and virtually no consistency which made data normalization virtually impossible. Establishing probability and impact scales for cyber could only be done with expert (subjective) opinion.

Today, the picture with regard to data has changed. Now there is a great deal of data, but establishing which data to use, and how to determine impact make cyber risk quantification just as challenging as ever. At CyRisk, we take a less complicated approach. We start with the assets. Many organizations are surprised to discover the extent of their digital ecosystem and how many of their digital assets are improperly exposed to unnecessary risks. CyRisk allows organizations to discover assets they may not have known existed, and it allows you to perform a comprehensive audit of your attack surface.

CyRisk builds a reliable risk analysis based on this foundation, along with additional data to establish asset value, associated privacy and compliance risks, and potential impacts to the enterprise.

With CyRisk, you can generate, track and report to the board on security metrics drawn from internal assessments, supply chain risk, and customer compliance, combined with real-time security risk analysis.

Mergers and Acquisitions

Remember when Verizon bought Yahoo and then dropped the price by nearly $500 million after the extent of the Yahoo data breach became known? When considering any kind of integration with another company, CyRisk evaluates the target company’s cyber risk, and provides a full report on the target’s cybersecurity exposure. CyRisk has been successfully deployed as part of the Mergers and Acquisitions Due Diligence Process, as well as post-acquisition security and compliance rapid clean-up.

CyRisk creates Risk Analysis Reports, so your team is fully equipped with thorough and easy-to-understand security data before moving forward with any M&A agreements.

Incident Response

Many companies don’t know they’ve been compromised until it’s too late. When a company is compromised by a security incident, the focus is rightly on how to respond quickly and efficiently, to stop the bleeding, make sure everything is secure, and to get back up and running as quickly as possible. The CyRisk rapid response team conducts forensic investigation to evaluate what actually happened, how best to respond, and how your company can minimize any future risk. Using alerts, continuous monitoring, and zero-day exposure intelligence, CyRisk can help to identify and fix any vulnerable systems and stay ahead of future attacks.

Executive Reporting

Cybersecurity is complex and confusing for non-experts. For your organization to have the best cybersecurity posture possible, everyone on your team must understand your security needs, especially senior leadership. CyRisk always builds communications for multiple audiences, including technical and non-technical reports. CyRisk ensures all your teammates–those with tech backgrounds and those without–can understand your organization’s security posture and needs by creating easy-to-understand, intuitive reports and visualizations.