Visibility, Analysis, Control in 5 Minutes – Sounds like Magic? Its time to believe again!
No More Unknown Unknowns
Understanding the Risk to a business as a result of the 3rd parties you choose to work with is a critical part of Business Continuity Planning. It is difficult, if not impossible to answer these 3 simple (sounding) questions which have a profound impact on your ability to service customers, comply with regulations, close large deals, and not be the victim of a massive data breach. Who are your True Data Sub-processors? What Data are you actually exchanging with them? Do you have guardrails and controls to detect, and prevent unwanted, insecure data exchanges with 3rd parties?
Legal – Identify and remove drift from ROPAs, SCCs, DPAs and SLAs. Reduce Ongoing Data Exchange Risk.
Sales – Close Large Fortune 5000, Regulated and Government deals 12-18% faster by providing Data Privacy and Security Certification upfront.
Security – Prevent unintended data leaks to 3rd parties. Take back control of your data from compromised 3rd parties.
Compliance – Catalog, Analyze, Control and Report accurately for FedRAMP, HiTrust, CMMC, GDPR, CPRA. Find your real 3rd parties and privacy implications.
Sales, Security, Compliance and Legal
A single pane of glass that provides tremendous value for security conscious, cost efficient and detail oriented enterprises. One platform for the most important and meaningful features in a wide variety of important security silos – SCA, SAST, API Security, DSPM and TPRM.
Sales – Close Larger Deals, Faster
Riscosity cuts down back and forth with your client’s security/compliance/privacy team(s) by weeks. This allows customers to recognize revenue earlier in the quarter. Cut procurement delays by 12-18%.
Legal – Understanding True Business Risk Exposure
Riscosity provides General Counsels and LegalTeams with accurate, easy to understand information to ascertain if SLAs, SCCs, data localization clauses that impact the business are actually being fauithfully followed or not.
Security – Preventing Accidental Data Leaks
Riscosity provides 100% detection, control and reporting for security teams to wrap their arms around all outbound data transfers through the software supply chain. Code libraries, 3rd party APIs, hidden and legacy EDI transfers can all be managed and secured with a single, effective product.
Compliance – Enabling guardrails to follow FedRAMP, CMMC, GDPR, CPRA and more, easily
Riscosity helps customers respond quickly to “Right to be forgotten” requests and track down which piece of data was shared with which specific vendor(s). No gaps in your “True” list of data sub-processors.
Much like “no man is an island”, we all know information technology is no island either. Hence, gaining visibility into the security of the software components we leverage is critical if we’re serious about reducing risk.
APIs, Code Libraries, OS libraries, and Standalone Software - for online businesses these are the equivalent of property, plant, and equipment that offline businesses used to rely on. Understanding which component plays what kind of part in one's business is critical for enterprises to manage their revenues.
Every financial institution, regulated by FDIC, FINRA, and other agencies, needs to have a clear understanding of the risk that all 3rd party software components pose in their own software stack. This is not a choice, it's a necessity. Those that tempt fate will get burnt.
Companies must be cognizant that their existing tools may not provide as much (if any) value in the cloud. Visibility is the key to determining whether old tools still provide value, and if not, what should be replaced.
Conventional industries, like the construction industry, have started adopting software products in the past decades. As the number of applications is rising, the need for automation, integrations, 3rd party libraries, and APIs is also becoming crucial.
The healthcare industry is in the midst of a mass migration to the cloud. Health systems have complex tech stacks made up of off-the-shelf and custom solutions, and with the stringent security and privacy regulations of the industry, it is of utmost importance that health systems have robust ways to manage their software supply chain vendors.
Being able to demonstrate - in real-time - all the time that your company is safe to do business with will be a need for all industries. The software supply chain is tremendously complex. Being able to visualize the components and track data across them is invaluable for any public company's security program.
Any advancement of technology that helps manage the risk of doing business is very welcome. With this approach, companies can identify the directionality of data flows, which helps understand risks associated with 3rd party vendors.
The banking industry is at an inflection point, all banks are actively building software services and API endpoints. Inventory, analysis, and security are the fundamental building blocks of any next-generation financial institution's software programs.
Every single technology company needs to have visibility, control and security for the software stack which brings it revenue. Riscosity is a simple, yet, effective and complete solution which enables product security to elevate their game to the next level.
The way we build software services has changed radically. Code re-use and short launch times are the norm. 3rd party code and APIs are a reality; every enterprise needs an effective mechanism to manage its software supply chain.
Enterprises that understand deeply the risks of doing business with their software suppliers, are the ones who can mitigate those best. The tsunami always seems far away till it hits you in the face.
All Technology leaders need to understand the risk and dependencies of 3rd party services. Knowing what your own software uses is the critical first step.
We are only as strong as our weakest link. Understanding and gaining insights into the underlying code libraries, APIs, integrations, and the associated vulnerabilities is critical for any CIO in a responsible customer-focused enterprise.