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Cyberwrite Assessment Process

The Cyberwrite process is based on a data-driven approach to calculate both inherent and residual risk scores, as well as the economic impact a third-party breach may have on your business. Here is an overview of that process:

DATA COLLECTION

ONGOING AND ON-DEMAND

  • Carry out scalable monitoring of an unlimited number of third-party entities.
  • Automated, accurate data collection for real-time mapping of risk factors.
  • Combine industry and sector risk levels with company-specific data to discover the actual inherent risk of your third-parties.

ONGOING AND ON-DEMAND
1
BENCHMARKING AND PREDICTION OF RISK LEVELS
INHERENT RISK ANALYSIS

BENCHMARKING AND PREDICTION OF RISK LEVELS

  • Utilize the power of predictive analytics and advanced statistics to discover the inherent risk level of any third-party compared to its industry peers.
  • Pinpoint the highest risk partners for your organization and focus on them in the residual risk analysis.

2
ECONOMIC IMPACT ANALYSIS

EXAMINING YOUR UNIQUE ENGAGEMENT MODEL AND EXPOSURE

  • Predict the actual cost to your organization of a potential breach at each third-party, based on historical data of the damage caused to other companies, future regulatory fines and costs of managing cyber incidents.
  • Calculate your potential economic exposure to enable you to prioritize actions based on what matters - your bottom line.

EXAMINING YOUR UNIQUE ENGAGEMENT MODEL AND EXPOSURE
3
MERGING MODULAR NIST-BASED QUESTIONNAIRES WITH THE INHERENT RISK
RESIDUAL RISK ANALYSIS

MERGING MODULAR NIST-BASED QUESTIONNAIRES WITH THE INHERENT RISK

  • 360° True Risk Visibility – Combine internal and external data sources in residual risk analysis to get visibility of actual risk levels.
  • Questionnaires can be edited and tailored to your specific needs.

4
PROACTIVE MONITORING AND MITIGATION

AUTOMATED THIRD-PARTY ALERTS

  • Automatically generate real-time alerts to third-parties based on cyber intelligence and newly discovered threats, to prevent breaches before they happen.
  • Receive a prediction digest of risk levels to keep you up to date and compliant.

AUTOMATED THIRD-PARTY ALERTS
5

ANALYZE YOUR CYBER RISK

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