It isn’t easy to ensure that your suppliers are keeping your data safe. You can use questionnaires. You can require SOC 2 compliance. Neither, however, will let you know if your supply chain is being targeted by threat actors. Supply chain intelligence, however, can better inform your security team of issues from third-party vendors.
How Does Flare Provide Supply Chain Intelligence?
How does Flare meet supply chain intelligence needs?
Supply chain risk is hard to control; suppliers aren’t employees and you can’t force them to comply with all your requirements. However, Flare’s Threat Exposure Management (TEM) platform takes a proactive approach to threat identification and management across your extended enterprise. Flare continuously monitors and analyzes your digital assets across your attack surface so that you can identify and mitigate suppliers’ external risks before threat actors exploit them.
How does Flare’s software provide supply chain intelligence?
Flare continuously monitors the clear and dark web, as well as illicit Telegram channels, to identify external risks in your supply chain. If data is stolen from or leaked by a supplier or other third party, Flare will notify you as soon as it’s identified online.
What are the key benefits of Flare’s supply chain intelligence platform?
- Continuous monitoring of digital assets: Automated Threat Exposure Management gives you 24/7 coverage of potential supply chain related exposures, so you will know as soon as information is leaked or stolen.
- A proactive security stance: By actively seeking out leaks and stolen data, you can catch breaches and accidental data exposures early.
- Visibility into vulnerabilities: Flare’s data leak monitoring solution scans the web and Telegram channels to find leaks before lost data can be exploited. Compliance-focused data sources related to third-party threats can be vague or lack context. There is a major difference between knowing that a vendor has had some sort of “security incident” in the last 12 months and understanding that a vendor has been impacted by ransomware by a particular threat actor group and your brand showed up in 1000 file names. Added context is extremely valuable in a changing regulatory environment where higher standards around transparency around disclosing breaches are being applied.
Supply Chain Intelligence: An Overview
What is supply chain intelligence?
Supply chain intelligence is a type of threat intelligence. It’s the process of gathering, analyzing, and utilizing data and information related to your supply chain. Practitioners use technology, tools, and methodologies to gain insights into the risks that threaten your suppliers.
Who is in your supply chain?
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Your supply chain is made up of the companies and individuals who help to make and sell your product. They might be vendors, partners, franchisees, or individual contractors. Because suppliers often have access to your network and systems, they can pose a security risk to your organization.
How does supply chain intelligence work?
- Data collection: Your team gathers relevant data from internal and external sources, such as suppliers themselves, trends, the dark and clear web, and illicit Telegram channels.
- Data analysis: Personnel or tools use the data to identify patterns, trends, and anomalies, and derive actionable insights.
- Risk management: Using that data, you can then identify and assess risks across the supply chain, including disruptions, vulnerabilities, compliance issues, and cybersecurity threats.
Why Does Your Security Team Need Supply Chain Intelligence?
Why is supply chain intelligence necessary in today’s cybersecurity landscape?
Criminals are looking for an easy payday, and these days, that means they’re attacking vendors and suppliers in the hopes of stealing from several of their clients at once. This means supply side attacks are on the rise: Verizon found that 62% of attacks last year involved a supply chain partner. According to SANS found, attacks on technology companies more than doubled in the early months of 2023.
What is the impact of a supply chain breach?
When a supplier is involved in a data breach, the attack is usually more expensive, and can take much longer to find and fix, meaning the attacker is in your system for a longer period of time. According to IBM and the Ponemon Institute, about one fifth of the data breaches that happened in the last year were the result of supply chain attacks. Those breaches were both 11.8% more expensive and took 12.8% longer to detect than other data breaches. Supply chain breaches also damage your brand, customer trust, and can cause compliance problems.
Supply Chain Intelligence and Flare
Flare provides the leading Threat Exposure Management (TEM) solution for organizations. Our technology constantly scans the online world, including the clear & dark web, to discover unknown events, automatically prioritize risks, and deliver actionable intelligence you can use instantly to improve security. Flare’s solution empowers your team to scan for supply chain vulnerabilities before you can be attacked.
Our solution integrates into your security program in 30 minutes to provide your team with actionable intelligence and automated remediation for high-risk exposure. See it yourself with our free trial.
