- 24x7 Protection
- ISO27k
- Fully Managed
- ISO27001 for Information Security Management System
Cut time spent on supplier assurance by up to 50%. Rizikon helps you stay on top of your cyber security and supply chain risk.
Rizikon is an online platform that improves third-party assurance and risk management, by providing efficiency, automation and better visibility.
You count on third party companies to fulfil essential services for your business. You also count on them to protect the security of the data and the availability of the services with which they are entrusted. Your customers, partners, regulators and board count on you to keep track of all your suppliers and continuously monitor for security risks.
Many organisations use manual processes for their cyber security based supplier assessments, sending spreadsheet, Word or PDF questionnaires by email, but this quickly becomes a cumbersome manual process.
Key Benefits
- Create and send cyber security questionnaires at scale from a single online portal
- Control of all assessments and responses in a single place with tracking of any changes and an audit trail of updates
- Suppliers receive a link to an intuitive online interface with smart questionnaires meaning a supplier only sees the questions that are appropriate to them – no more supplier confusion
- Assessments instantly generate a report with a visual scorecard of risk as soon as the assessment is completed and submitted by the supplier
- Track progress, send reminders and communicate with your suppliers all in one place
- Flag answers to suppliers and provide notes, such as requests for clarification or additional evidence upload
- A document repository for suppliers to upload evidence, such as policies and certifications which can be tracked for expiry dates
- A single heatmap view of your suppliers based on the results of the assessments completed
- Run non-intrusive digital risk audits on demand to generate a technical cyber risk rating and to identify indicators of weakness in the cyber posture of your suppliers
Features
The Rizikon Assurance Online Platform has a wealth of features that make Supplier Assurance and Supply-chain Risk Management easier and more effective.
| Rizikon Assurance Feature | How this makes Supplier Assurance Easy | ||
| Embrace Digitalisation and Create your own branded Supplier Assurance portal in minutes | Presenting a professional approach to your Suppliers helps with the never easy task of getting them to provide the On-boarding and Assurance information you need | ||
| Upload all of your Suppliers and Contacts and create Unlimited Logins for them | Start using a more efficient way of doing Supplier Assurance fast. Uploading from CSV files means Rizikon can upload data from almost ANY system | ||
| No | Yes | ||
| Use our growing Library of Standard Supplier Questionnaires | It’s not always possible to have the latest Supplier Questionnaires and Checklists to hand aligned to industry cyber standards such as ISO27001 or Cyber Essentials. Our Library means you always have the right questions to hand | ||
| Keep all communication about Questionnaires and all the attachments safe in one place | Forget endless email chains and files all over the place. All communications and attachments relating to each questionnaire sent and Supplier are there in one safe place. | ||
| Intelligent Auditable Questionnaires and an easy-to-understand workflow for sending, completing and submitting responses | conditional branching – meaning you only ask the questions you have to, saving Suppliers time. Audit trails mean that you always know who answered each question and when. The workflow keeps a sensible level of control over responses you have flagged for a better answer, or remediation actions | ||
| Two brilliant collaboration features make your Suppliers workloads easier too | Making Supplier Assurance Easy also includes making your Suppliers life easier too. Suppliers have unlimited accounts if they want 2 or even 20 people to collaborate on a response. And there is a super-easy “ask a friend” feature for those individual questions that someone else knows the answer too. | ||
| Supplier Assurance Automation features including Instant Tracking, Scoring & Reports | As soon as your Supplier answers one question you’ll see the progress bar move and you know that they’re on the case. Much better than waiting for an email not knowing if they’ve even received the PDF or spreadsheet. And as soon as they submit, you’ll see an instant score and a report immediately showing you where they need to improve. Welcome to the Future! | Supplier Scorecards showing you visually where the risks are highest as well as key information for each of them | Our 360-degree scorecards give you an instant graphical view of each Supplier’s response to your Questionnaires.! |
| Supplier Assurance Dashboard gives you Supply-chain Risk Visibility at last | Once you start having meaningful risk scores for each Supplier, you can start to think about seeing the combined Supply-chain Risk for all of them. Our Unique Supplier Assurance Dashboard does exactly that. One simple looking 6×6 matrix that tells you who your most important, and highest risk Suppliers are at-a-glance |
Security Breach
Security breaches happen almost daily and a high percentage of those are as a result of a security control failure in a company’s supply chain. Recent breaches demonstrate this such as Volkswagen loss of 3.3 million customer records due to vendor being breached see Volkswagen loss of 3.3 million customer records due to vendor being breached Other recent examples are Marriott hotels and British Airways both of which led to significant monetary penalties due to Data Protection failures.
Traditionally business are using manual processes to assess their suppliers, sending complicated and lengthy questionnaires in documents or spreadsheets via email. This process quickly becomes cumbersome and isn’t scalable. It also means that suppliers are reluctant to complete the questionnaires and assessments and begin to suffer ‘assessment fatigue’.
The result of all this is heavy demand on your staff’s time whilst they work to understand risk in your supply chain from a cyber security perspective as well as slow or non existent responses. Ultimately this means that you don’t have enough visibility of potential risk in your supply chain and in turn are unable to do anything to reduce that risk.
Manual processes are not effective in giving visibility of cyber risk in you supply chain. Additionally the impact on your staff’s time to undertake the process is significant and requires automation and efficiency.
With Rizikon Assurance you can cut time spent by up to 50% through automation and workflow.
Rizikon Assurance puts everything in one place and allows businesses to automate and drive efficiencies in this process through an intuitive interface and workflow. Cyber assessments can be sent at scale to suppliers and response levels from suppliers are improved due to an easy to use interface where suppliers only have to answer questions that are relevant to them.
On completion of the assessment, it is returned to the organisation, scored and a report is instantly generated as well as summary ‘scorecard’.
The business can then flag answers to their suppliers seeking clarification such as more detail or for the supplier to upload evidence to support their answer.
Rizikon will then be the single source of truth for your supplier cyber security maturity.
Get free access to the Rizikon Assurance supply chain risk assessment platform from Cyber Security Park. We are offering free access to allow customers to utilise a cyber security self assessment of their own organization as well as the opportunity to assess the security of 5 key suppliers.
Customers will then be able to upgrade to the full version of the Rizikon Assurance platform should they wish to do so.
