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Third-Party Risk Management

Detect Risks, Plug the Gaps with Assured
Third-Party Risk Assessment Tailored to Your Needs

A third-party risk assessment analyses the risks these relationships introduce to your business along the supply chain. Third parties can include vendors, service providers, software providers, and other suppliers.
 

Risks to be considered include security, business continuity, privacy, and reputation harm, as well as the risk that regulatory compliance obligations might require you to stop working with a party until the issues are resolved.

These assessments are crucial for every Third-Party Risk Management Program (TPRM). Assessments may be conducted in-house or by an independent safety or cybersecurity professional working on your behalf.

OUR APPROACH

Method used by our cyber security consultants to conduct
supply chain risk assessment

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Understanding the
Customer’s Requirements

Every activity begins with understanding the customer’s needs. Then we tailor our assessment to meet your requirements’ metrics and service levels and the agreed processes. 

Security Questionnaire
Review

When considering new vendors, they must complete a short questionnaire. Our cyber security consultant will analyze the vendor’s responses to detect security-related gaps, pitfalls, and compliance issues.

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Scanning

Our team will scan the third-party vendor’s exposed assets with dedicated tools to detect potential risks and attack vectors. The team then eliminates false-positive results and investigates the risks that may  threaten the customer’s integration process and data. We use standard tools such as Panorays to handle the process.

Komodo will performan integration analysis  with all the relevant parties. We will  discuss the integration process, architecture, and technologies. We will also discuss potential security gaps and findings identified during the previous procedures, understanding that each integration and data flow is unique and exposes the customer to different risks. 

At the end of the security assessment, the team will formulate a report documenting the main findings and gaps discovered while focusing on the integration process between the customer and the third-party vendor. The final report summarizes the third-party's security maturity, further recommends how well this supplier fits the customer's requirements and informs if we approve or not.

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SECURITY ISSUES COVERED

in the Supply Chain Security Assessments

Our third party vulnerability assessment
provides complete coverage of the following

API Evaluation

Evaluating API integrations, authentications, and implementations.

Policies and Regulations Compliance

Detecting a lack of compliance to security policies that may expose businesses to regulatory violations and fines.

Endpoint Protection

Evaluating vendor's endpoint security policies.

Exposed Services

Discovering sensitive vulnerable external web console or administrative services.

Encryption

Lack of encryption, missing HTTPS/vulnerable TLS version.

Missing Policies

Detecting lack of policy and procedures best practices.

Sensitive Information Exposure

Detecting sensitive information on exposed services.

Outdated and Vulnerable Technologies

Detecting outdated and vulnerable versions of exposed services

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Secure Your Supply Chain Network

Why Us?

Komodo Consulting is a high-end cyber security firm specializing in Third Party Cyber Risk Assessment, Application Security, Black-Box Penetration Testing, Red-Team Exercises, serving Fortune 500 companies in Israel, Europe, and the US.

 

Founded by leading consulting experts with decades of experience, the team includes seasoned security specialists with worldwide information security experience and military intelligence experts.

Trusted by the World's Best Companies

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We've been working with Komodo, our trusted advisers on application security and penetration testing, for over six years now. They consistently provide us with invaluable insights, briefings, and value. I wholeheartedly recommend them to any company needing first-class application and cyber security services.

Amir Levi, CTO, Harel Insurance

What Our Clients Say

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Working with Komodo Consulting has always been a streamlined, efficient process. Results are always to the point and right on time, accompanied by valuable insights and advice.

Eldan Ben-Haim, CTO, Trusteer (IBM)

 

Secure Your Business Supply Chain Network  

with bulletproof third-party security management solutions