ECOSYSTEM
Ecosystem Risk
and Response (ER&R)
A next-generation risk management solution that intelligently monitors and responds to the hidden risk exposures introduced by your ecosystem of suppliers and vendors.
The increasing importance of third-party risk & supply chain management
Third parties are no longer just simply managing foundational activities, but driving critical activities in core parts of the business—extending the walls of the enterprise and increasing exposure to risk.
Organizations can be challenged to effectively identify and prioritize the threats and events that could impact business continuity and resilience.
Why now?
The greater dependence on third parties and hidden fourth-party suppliers exposes you to hidden ecosystem risk and increased vulnerability.
Lack of automation and aggregation
of risk
Lack of adequate strategy and resources
Limited ongoing monitoring capabilities
Evolving threat landscape
Trade wars, foreign regulations, and the global pandemic have made global supplier relations increasingly vulnerable
Continuous risk & threat monitoring enables orchestrated response to emerging attacks
Organizations need to proactively mitigate risks, threats, and emerging incidents and limit the operational impact created from disruptions
Illuminates, identifies, and analyzes asymmetric multi-tier risk categories, including cybersecurity, business health, privacy, resiliency, regulatory compliance, and cross-domain exposure
Multi-tier supplier illumination
Our Capabilities
Identify hidden Nth tier service providers in the extended ecosystem to understand broader risks that may cause operational disruptions or other adverse impacts.
Ecosystem risk profile
Continuous risk sensing & monitoring
Manage new, existing & predicted threats
Risk analysis
Correlated insights
Correlated response
Ongoing opportunities
Intuitive dashboards and reports provide a full view of your ecosystem risk profile.
Intelligent risk monitoring capabilities sense and continuously evaluate cross-domain risks and threat activity across internal and external data sources.
Alerting functionality identifies emerging threats and changes in third-party risk profile through continuous monitoring
cross-domain insights.
Detection of emerging risks and event indicators trigger alerts for analyst triage and investigation leveraging internal and external data sources and pre-built playbooks to determine validity, relevance, and priority.
Advanced analytics across multiple data sources provides actionable insights to identify the most important risk exposures.
Use insights to enable fast and efficient response to confirmed events using targeted recommendations and on demand specialists.
Incorporate advanced artificial intelligence and machine learning capabilities for enhanced risk analysis, monitoring, and reporting.
Engineered to deliver
Third-party suppliers and vendors ripple through your organization’s operations, from the products you develop and manufacture, to the services you provide. As sophisticated threats to supply chains and third parties emerge in a post-pandemic world, the traditional methods for managing third-party risk have fallen behind. Maintain customer trust and get ahead of increasing risk with next generation intelligent monitoring capabilities.
Meet changing regulatory requirements
and industry expectations stemming from recent pervasive supply chain disruptions and major data breaches
Enable dynamic risk management
capabilities to match accelerating threat growth and complexity driving increased risk across the third-party ecosystem
Proactively reduce risk
of operational disruption resulting from increased reliance on third parties and a broader supply chain
Enable business resilience
and increase speed to market through efficient and high value third-party risk management practices
Current risk teams may not have strategy and resources to effectively respond to ecosystem risk
Deloitte subject matter specialists provide advanced analytics and analysis for orchestrated responses
Lack of automation and risk aggregation capabilities makes it difficult to keep up with the evolving threat landscape.
Advanced analytics and correlation analysis provides impactful insights and targeted risk response recommendations
Flexible delivery approach for when you need help with strategy, design, architecture, implementation or ongoing operations
Contact us
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Multi-tier supplier illumination
Ecosystem risk profile
Continuous risk sensing & monitoring
Manage new, existing & predicted threats
Risk analysis
Correlated insights
Sources
1. IBM Security - Cost of a Data Breach Report 2022
2. Black Kite 2022 Third Party Breach Report
Multi-tier supplier illumination
Ecosystem risk profile
Continuous risk sensing & monitoring
Manage new, existing & predicted threats
Risk analysis
Correlated insights
Correlated response
Ongoing opportunities
Press 'escape' to exit
2. Black Kite 2023 Third Party Breach Report
Lack of automation and aggregation
of risk
Bloom
Third-party service providers
Fourth- and fifth-party service providers
Correlated response
