CYBER THIRD PARTY RiSK MANAGEMENT
The interconnected nature of today’s industries means that cyber incidents rarely affect just one organisation. Instead, these events ripple through entire ecosystems, causing widespread disruptions that impact multiple sectors. The breaches and ransomware attacks of 2024 highlighted systemic vulnerabilities, demonstrating how third-party and fourth-party dependencies amplify risks across industries.
Black Kite provides a multidimensional view of cyber third party risk. Black Kite gives organisations a comprehensive, real-time view into cyber third-party risk so they can make informed and proactive risk decisions that help avoid business disruption, building resilience within their supply chain. With one-of-a-kind collaboration capabilities, organisations can work directly with their vendors to report, mitigate, and minimize risk, improving their own resilience as well as their vendors’ organisations.
Cyber Rating
Gain an easy-to-understand, trustworthy snapshot of your supply chain risk by visualising defensible intelligence in the form of a letter grade. Black Kite utilises industry-standard MITRE frameworks to convert technical data into digestible findings – allowing successful communication of risk to senior stakeholders.
Supply Chain
Your organisation is only as secure as its weakest supplier. Attackers are shifting their focus to the weakest points in your supply chain, which can have disastrous cascading impacts back to your organisation.
Compliance
Black Kite Transforms third-party compliance assessments with automation, saving companies days’ worth of manual effort.
Streamline compliance assessment process and get the information you need on the gaps in compliance all in one place.
Ransomware Susceptibility Index
Understand which vendors are most prone to ransomware with a tool that calculates event susceptibility within minutes. The Black Kite RSI™ follows a process of inspecting, transforming, and modeling data collected from a variety of OSINT sources (internet wide scanners, hacker forums, the deep/dark web and more).
Financial Impact
Using the Open FAIR™ model, Black Kite calculates the probable financial impact (risk) to your organisation in the case of a cyber breach. Open FAIR™ is the only international standard Value at Risk (VaR) model for cybersecurity and operational risk.
Technical Rating
The Black Kite Technical Rating provides easy-to-understand letter grades and defensible data details behind 20 risk categories. The non-intrusive report passively evaluates third parties, and does not touch an organisation’s systems or network assets.
Black Kite believes in a better way. One where security and business professionals have scalable tools that provide trustworthy and complete data illuminating cyber ecosystem risk so they can improve business resiliency.
Distribution of "Known" Attack Methods that Caused Data Breaches on Third Parties
67%
Ransomware remained one of the most disruptive cyber threats in 2024, accounting for 67% of known attack methods. Third-party vendors were frequently used as entry points to infiltrate larger ecosystems, enabling attackers to create cascading disruptions that affected multiple organizations downstream.
15%
Software vulnerabilities continued to pose significant risks in 2024, including the exploitation of zero-day vulnerabilities. The first half of 2024 alone saw 53 zero-day vulnerabilities identified and actively exploited.
42%
One of the biggest risk multipliers for a vulnerability is the presence of a publicly available PoC exploit. In 2024, 42% of the vulnerabilities analysed by BRITE had publicly available PoC exploits, significantly reducing the technical barrier for cybercriminals. When an exploit is available, attackers can quickly integrate it into malware, ransomware, or botnets, allowing rapid and large-scale exploitation.
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