Crossword Cybersecurity Plc, a knowledge transfer company specialising in the commercialisation of university generated cyber security and risk management software and consulting, is expanding its partner programme with the recruitment of Satisnet Limited, a security reseller and managed security services provider.
Satisnet will offer Crossword’s Rizikon Assurance third party risk management platform to help clients automate supplier onboarding and gain visibility of exposure to risks posed by third parties, with the option to outsource assurance processes to Satisnet through a Third Party Assurance as a Service offering.
John McCann, CEO of Satisnet, said: “The Rizikon Assurance platform is a welcome addition to our offering. A lot of our clients are keen to mature and enhance their approach to third party risk management and Rizikon will allow them to do this by driving automation at scale into the process.”
In a recent Ponemon Institute study, 61% of US companies surveyed said they had experienced a breach due to a vendor/third party.