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A structured approach to third-party compliance from Northdoor

With tens, hundreds or potentially even thousands of suppliers to deal with, many organisations are struggling to get to grips with managing their networks of Data Processors. To overcome this challenge, Northdoor proposes a structured approach to sustainable compliance, backed by an advanced machine-learning solution.

Key Cyber Risk Challenges
  • Cybercrime losses expected to reach $6 trillion by 2021
  • Under GDPR, management for third party risk is extremely challenging.
  • Slow manual risk assessments prevent real-time decision making
  • Compliance demands (GDPR, PCI DSS, PSD2, ISO27001) continue to grow.

Value 
  • Simple, de facto industry-standard risk score rating for consistent decision support
  • Work collaboratively in 3rd / 4th-party digital ecosystems with quantifiable risk intelligence
  • Real-time, ‘always on’, holistic view of cyber risk across the enterprise and third parties
  • Compound network effect maps the enterprise’s ecosystem of partners and suppliers
  • Delivers forensics data insights for security and risk gap analysis, improving risk posture,
  • Provides rich external threat cyber intelligence data source across multiple industries.

 

Our solution

Powerful machine learning maps the ecosystem and determines the 360° cyber risk rating score across multiple degrees of relationships.

Clear, informative dashboards show executives the risk position in real time, helping them make informed and measurable business risk decisions.

For GDPR, automates and scores your third-party and supplier risk assessments.

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Your GDPR Checklist - Cyber Security from RiskXchange

RiskXchange Cyber and Third Party Management

Cyber security and its impact on the GDPR - IBM Business Opportunities 2018

Understand cyber risk to conduct business securely in an open, collaborative, digital world.

With cybercrime losses expected to reach $6 trillion by 2021, companies need to better understand their cyber risk profile – not only within their own organisation, but also out in the ever changing network of their partners, suppliers and other third- and fourth-parties.

Today’s slow, manual cyber risk assessments cannot scale to meet the challenge, leaving decision makers potentially short of information at critical moments.

RiskXchange resolves these issues, providing a simple, automated, centralised approach that empowers organisations to conduct business securely in an open, collaborative, digital world.

As the de facto global standard for cyber risk score ratings, research and analysis, the RiskXchange solution uses powerful machine learning to map the enterprise’s ecosystem and determine the 360° cyber risk rating score and posture of multiple degrees of relationships to the prime enterprise.

Clear, informative dashboards show executives the risk position in real time, helping them make informed and measurable business risk decisions.

Sign up for a free RiskXchange account today

Why not sign up for a Free Cyber Security risk rating today to understand more about your Cyber Security Posture? screenshot-RiskXchange

  • By providing your details, you agree to be contacted by us. We promise to only use your information within Northdoor and not to pass this to any other 3rd party marketing companies. You can opt out at any time. More details can be found in our Privacy Policy .

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Upcoming Webinars

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Cyber Security – Implications for the insurance industry

Date: Wednesday 5th December
Time: 3.00pm 

Hear from a panel of insurance professionals and thought leaders including KPMG, Chubb, QBE and Northdoor on a webinar topic of “Cyber Security – Implications for the Insurance Industry”.

Register now 

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On-demand Webinar

Webinar: Meeting the challenges of your third-party GDPR processor  requirements

Many organisations are by now up to speed with the main requirements of the GDPR, in particular when it comes to establishing internal policies and practices. However, the external side of things tends to be a little trickier. Under the new legislation, organisations bear a significant amount of responsibility for safeguarding information that they have shared with third parties.

It’s one thing to control the risk of data leakage from internal systems, but quite another to be confident that your suppliers (and any companies they may choose to subcontract with) are taking just as much care.

If you’re struggling to determine your exposure to third-party data risk, and you missed our recent webinar with the Direct Marketing Association, find out about the Northdoor approach to compliance by reading our blog and watching our on-demand webinar.

View  DMA webinar now