Procurement is purchasing goods or services from external vendors or suppliers. The procurement process often involves evaluating the security posture of potential vendors or suppliers to ensure that they meet an organization's security standards and requirements.

ThreatNG can help organizations with procurement by providing external attack surface and digital risk intelligence for vendor risk assessment, ongoing monitoring, benchmarking, compliance monitoring, and contract negotiations. With ThreatNG, organizations can ensure that their vendors or suppliers meet the organization's security standards and requirements and remain protected from potential threats in the following ways:

Vendor risk assessment: ThreatNG can provide external attack surface and digital risk intelligence to evaluate the security posture of potential vendors or suppliers. This assessment can help organizations identify potential risks or vulnerabilities associated with the vendor or supplier and ensure they meet security standards.

Ongoing Monitoring: ThreatNG can provide Ongoing Monitoring of the attack surface of the vendor or supplier, ensuring that any new risks or vulnerabilities are quickly identified and addressed.

Benchmarking: ThreatNG can provide benchmarking against industry peers, enabling organizations to compare the security posture of potential vendors or suppliers against others in the industry and identify areas for improvement.

Compliance monitoring: ThreatNG can monitor vendors or suppliers for compliance with security and regulatory requirements helping organizations meet their compliance obligations.

Contract negotiations: ThreatNG can provide objective data on the security posture of potential vendors or suppliers, allowing organizations to negotiate contracts that include appropriate security requirements and standards.