Risk Management
How to create value in uncertain times? We support you in efficiently managing risks.
How to create value in uncertain times? We support you in efficiently managing risks.
We support you in fueling processes and your organization with the latest technologies to manage risks more effectively.
Are your suppliers in good financial health? Do they comply with all regulations? Providing transparency on the risks that can impact your business has become a challenge.
On the one hand, new regulations (e.g., Sapin II in France or the UK Bribery Act 2010) put clear accountability on companies to check that their suppliers are compliant. This trend is likely to increase (e.g., Lieferkettengesetz in Germany).
On the other hand, the Covid-19 crisis has increased the likelihood of operational risks like solvency and cybersecurity, which are more likely to impact your supply chain.
Technology is critical in managing those risks efficiently and effectively, especially to break silos between the various departments, automate processes to eliminate administrative tasks, and use advanced analytics to create risk profiles.
Which of your suppliers will be hit by the next cyberattack? That is the question many companies are asking, especially given the complexity of supply chains and the increased likelihood of cyberattacks.
Protecting your supply chain requires a holistic approach to succeed. It is not solely an IT security topic but must also involve procurement and your supply chain to get sustainable results. Applying traditional methods (e.g., IT Security questionnaire to suppliers) has shown its limits: it provides only a snapshot of the situation and is not scalable.
Our approach is end-to-end and addresses processes, the organization, and the technologies used to increase cyber resilience in an effective way without increasing resources. The cornerstone of our methodology is based on a relatively new technology: Cyber-score. This online score is a strong indicator of the cyber resilience of a company.
