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.
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.
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
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.
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.