Procurement
Procurement in a cybersecurity context goes beyond simply acquiring goods and services. It involves strategically sourcing and managing vendors and products with cybersecurity as a core consideration. This includes:
Assessing vendor security posture: Evaluating the cybersecurity practices and risk profiles of potential vendors.
Enforcing security standards: Including cybersecurity requirements in contracts and service level agreements (SLAs).
Managing supply chain risks: Identifying and mitigating potential risks associated with the supply chain.
Prioritizing secure products: Choosing products with strong security features and a history of responsible vulnerability management.
This approach minimizes the risk of introducing vulnerabilities through third-party software, hardware, or services.
How ThreatNG Helps with Secure Procurement
ThreatNG provides valuable insights and tools to support secure procurement practices:
1. Superior Discovery and Assessment:
Assess vendor security posture: ThreatNG can assess the security posture of potential vendors by analyzing their digital footprint, including their websites, domains, IP addresses, and publicly available information. This allows you to identify potential risks and make informed decisions about vendor selection.
Identify supply chain exposures: ThreatNG can help identify potential supply chain exposures by analyzing the security posture of your vendors' vendors and other third-party relationships.
Monitor vendor security ratings: ThreatNG provides continuous monitoring of vendor security ratings, alerting you to any changes in their risk profile. This helps you proactively manage vendor risk and ensure ongoing compliance with your security standards.
Detect data breaches and incidents: ThreatNG's monitoring capabilities can help detect data breaches and security incidents involving your vendors, allowing you to take appropriate action to protect your organization.
3. Reporting and Collaboration:
Generate vendor risk reports: ThreatNG can generate detailed reports on the security posture of your vendors, including risk assessments, vulnerability findings, and security ratings. These reports can be used to inform stakeholders, track vendor performance, and support procurement decisions.
Facilitate collaboration: ThreatNG's collaboration features enable security teams to work together with procurement and legal teams to ensure that cybersecurity requirements are incorporated into contracts and SLAs.
Leverage threat intelligence: ThreatNG's intelligence repositories provide valuable information on cyber threats, vulnerabilities, and industry best practices, which can be used to inform your procurement decisions and vendor risk management strategies.
Identify high-risk vendors: ThreatNG's intelligence repositories can help identify vendors with a history of security incidents, data breaches, or poor security practices.
Complementary Solutions and Services
ThreatNG can be integrated with complementary solutions and services to enhance secure procurement practices:
Vendor Risk Management (VRM) Platforms: VRM platforms provide specialized tools for assessing, managing, and monitoring vendor risk.
Third-Party Risk Management Solutions: These solutions provide a broader perspective on third-party risk, including financial, legal, and operational risks.
Contract Management Systems: Contract management systems can help you track and manage contracts with vendors, ensuring that cybersecurity requirements are included and enforced.
Examples with Investigation Modules
Assess vendor website security: ThreatNG's Domain Intelligence module can be used to assess the security of a vendor's website, including their use of SSL/TLS certificates, security headers, and vulnerability patching practices.
Identify potential phishing risks: ThreatNG can help identify potential phishing risks associated with a vendor, such as lookalike domains or suspicious email practices.
Identify vendor code repositories: ThreatNG can identify code repositories associated with a vendor, allowing you to assess their code security practices and identify potential vulnerabilities.
Assess vendor cloud security: ThreatNG can assess the security posture of a vendor's cloud services, including using cloud security controls and data protection measures.
Monitor vendor financial health: ThreatNG can monitor a vendor's financial health, indicating their ability to invest in cybersecurity and maintain a strong security posture.
Identify vendor legal issues: ThreatNG can identify legal matters or controversies involving a vendor, which may impact their trustworthiness and security practices.
By leveraging ThreatNG's capabilities and integrating it with complementary solutions, organizations can implement secure procurement practices that minimize the risk of introducing vulnerabilities through third-party relationships.
