INTELLIGENT CLOUD
With
Vendor Risk
Management,
organisations
can now
automate the
third party risk
management
process,
ensuring
quality and
effectiveness
of assessment
controls.
collaboration to proactively avert attacks.
With Trusted Security Circles, a security
team may see suspicious activity in their
network and will want to know if others
in their defined community have also
seen it. An anonymous query goes to
other members of the chosen circle, and a
sightings search is performed against the
specified suspicious observables.
Customers now know if a security
incident they’re investigating is happening
to any peers, partners or suppliers. If the
number of sightings exceeds a set threshold,
a security incident can be automatically
opened in ServiceNow Security Operations.
This serves as an early warning system
for industry-specific, targeted attacks, can
speed up response and shore up an entire
supply chain from attacks.
ServiceNow Vendor
Risk Management
ServiceNow has also announced the
availability of Vendor Risk Management,
34
Sean Convery, General Manager, Security
Business Unit, ServiceNow.
a new cloud-based application enterprises
can use to automate third party risk,
onboard new vendors more quickly and
gain visibility of their overall risk posture.
Nearly every organisation works with
hundreds or even thousands of different
vendors, many of whom may be handling
or have access to sensitive data. Teams
typically use manual, outdated processes to
assess the risk of working with these third
parties, causing potential compromise
of confidential information. Vendor Risk
Management transforms these inefficient
practices into a centralised system of action
that orchestrates the process of assessing
the risk of working with a vendor.
With Vendor Risk Management,
organisations can now automate the third
party risk management process, ensuring
quality and effectiveness of assessment
controls. They can onboard new vendors
much more quickly, allowing them to get
value from their vendors more quickly.
And finally, when combined with a
broader risk management programme, an
organisation can get a complete view of
their overall risk and a systematic way to
take action to reduce it.
Now, security
analysts are no
longer alone.
ServiceNow
enables
enterprises to
apply the power
of collaboration
to proactively
avert attacks.
Issue 10
INTELLIGENT TECH CHANNELS