Third Party Risk Models

Recorded Future has been a long time correspondent.   We tested their methods to understand competitive actions.    Always liked their highly visual approaches, easy to use with executives.  "  ... Third-Party Risk helps you quantify the threat environments of your business partners. ... ".   An intriguing add-on to their current capabilities.

Quantify Third-Party Risk in Real Time With Our New Module    By Matt Kodama

At Recorded Future, our mission has been to empower our users to defend themselves against cyber threats at the speed and scale of the internet. Empowerment means giving you the capabilities necessary to understand and manage your own risk environment — and the Recorded Future® Platform helps you measure and understand your own risk environment in real time, with full transparency to original sources of risk data. First-party risk reduction remains our first and foremost goal, and in today’s world, that means managing third-party risk, as well.

Leading companies in every industry today are undergoing digital transformation. They are driving more online and mobile access, more transparency, more interconnection of processes across their businesses, all with faster cycle times. These changes further blur the lines between an organization and its partners, suppliers, vendors, and other third parties. Interconnection creates advantages but also expands attack surfaces. Now more than ever before, the state of our security is only as strong as the weakest link.

That’s why Recorded Future is introducing our new Third-Party Risk module. An add-on to our core platform, Third-Party Risk helps you quantify the threat environments of your business partners. It is a powerful complement to traditional risk management processes focused on compliance frameworks, reviews, and audits. For organizations where risk management and security teams work together to identify and reduce risks, the Third-Party Risk module generates the threat intelligence they need to understand the risks stemming from their third-party associates. .... '