Third Party Risk
To successfully manage and secure their digital supply chain, corporations must be alerted to the threats faced by their vendors and suppliers.
The era of the digital supply chain ushered in tens of thousands of 3rd party relationships that corporations must manage locally, regionally and across the globe. Intertwined between a corporation and 3rd parties are vast requirements to safeguard sensitive information and if negligent, regulatory and commercial penalties can be massive if either side is deemed culpable. This effectively places a company within the familiar adage of “You’re as strong as your weakest link”. Meaning, in order to reveal weakness, a company must have continuous monitoring of threats which could impact their 3rd-party digital supply chain.
Over the past 18 months in the cybercriminal underground, there has been explosive growth in the sale of access to compromised corporate networks. Actors are compromising businesses, agnostic of size or industry vertical or sector. Typically, threat actors sell obtained access to more sophisticated cybercriminals who in turn, make massive profits by infecting compromised networks with ransomware or other malicious endeavors. Additionally, malware logs and other data dumps full of compromised credentials are being bought, sold and scoured for target rich data that might lead to additional compromise (and massive profits).
To successfully manage and secure their digital supply chain, corporations must be alerted to the threats faced by their vendors and suppliers. Intel 471 monitors closed sources where these threats emanate from, where threat actors communicate and buy/sell sensitive information. The closer to the actor you are, the more proactive you can be to identify potential weak links. Intel 471’s platform and integrations route timely and relevant closed source information to our clients and equips them with constant monitoring and near-real-time alerting of malicious activity that could impact their supply chain.