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Organizations typically have multiple vendors and those vendors have vendors, which creates a hidden web of potential data risk. While you are responsible for your partners, you must also consider the risk brought on by external parties in your vendor ecosystem. eSentire helps assess your third-party risk, and offers 24/7 support for rapid threat detection, threat hunting and complete threat containment in minutes, before your business is disrupted.
Get StartedIdentify your risk of a
third-party breach
Protection from threat actors
leveraging third-party
vendors for attacks
Submit your information and an eSentire representative will be in touch.
Managed Detection and Response
(MDR)
System Security
60%
of security incidents will result from issues with third parties1
55%
of security pros reported their organization experienced an incident or breach involving supply chain or third-party providers in the past 12 months1
An estimated
2/3
of breaches are a result of supplier or third-party vulnerabilities2
74%
of organizations reported suffering a data breach as a result of giving too much privileged access to third-parties3
1 Forrester Report: Predictions 2022: Cybersecurity, Risk, And Privacy, October 2021
2https://www.nationaldefensemagazine.org/articles/2020/7/2/hackers-putting-global-supply-chain-at-risk
3https://www.securitymagazine.com/articles/95143-of-organizations-have-experienced-a-data-breach-caused-by-a-third-party
For many organizations, cost-effective scalability means outsourcing some or all of your business functions to a complex web of third-party vendors.
Third-party cyber risk, also known as vendor risk, is about analyzing and controlling the fact that your data could be compromised by external vendors and service providers. When it comes to third-party cyber risk, you need to ask yourself:
The cost of a third-party vendor breach is not just measured in short-term financial loss and lost productivity, but also in long-term reputational damage and client churn.
The best way to protect your company from a devastating breach is to avoid one in the first place – conduct the due diligence needed and have the right protection in place.
We can help with third-party cyber risk due diligence with our Vendor Risk Assessments and provide ongoing 24/7 protection with eSentire Managed Detection and Response (MDR).
eSentire Vendor Risk Assessment |
eSentire Managed Detection & Response |
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KEY CHALLENGE | Identify your risk of a supply chain or third-party breach. |
Protect your business from threat actors leveraging your third-party vendor(s) to bypass traditional security controls. |
HOW WE HELP |
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Identify your risk of a supply chain or third-party breach
Protect your business from threat actors leveraging your third-party vendor(s) to bypass traditional security controls
Companies increasingly use third-parties to scale their operations quickly and reduce costs. But, many of the organizations contracting third-parties don’t consider the data, operational, and financial risks. The heightened use of technologies such as IoT and mobile devices, and cloud platforms by vendors should make you question, “Where is my data and how can I protect it in someone else’s hands?”
Third-party or supply chain partners gain privileged access to your mission-critical IT environments and sensitive data. Read our guide for a condensed due diligence questionnaire to help you quantify these cyber risks.
Download NowOrganizations need to bake security, by design, into their programs, products, and services. This includes accounting for the vulnerabilities or weaknesses for any third-parties that you rely on. So, consider the three Ps of third-party risk:
POLICIES
Understand what information you’re willing to share and the type of access you’re willing to provide to a vendor. These policies should be established prior to, or alongside, early discussions with potential third-party vendors and service providers.
PREVENTION
Once your team has set the policies in place, identify the threats and risks that may arise as a result of the policies. Then, work with your vendor(s) to establish the minimum security requirements needed to mitigate the risks and protect your business from the potential cyber threats.
PROMISES
Any contract you sign with your third-party vendor should extend from simple things like service definitions and pricing to the minimum security requirements. Consider the following:
Although every business is a potential target for cybercrime, trusted vendors that provide critical services to various client bases across all sorts of industry sectors are especially at risk of suffering a crippling cyberattack.
Threat actors often target these critical vendors as a choke point, because if the attack is successful, they gain access to a downstream client base.
Lack of visibility and end-to-end control of vendor security practices increase the potential attack surface that your organization must consider.
eSentire’s Vendor Risk Assessment is built on the foundation of NIST and is designed to help resource constrained organizations to:
Not all MDR is created equal. eSentire is the Authority in Managed Detection and Response, protecting the critical data and applications of 2000+ organizations in 80+ countries, representing 35 industries from known and unknown cyber threats. Team eSentire’s mission is to hunt, investigate and stop cyber threats before they become business disrupting events.
With eSentire MDR, you get:
Watch this video with one of eSentire’s Elite Threat Hunters, Spence Hutchinson, as he reviews the Kaseya VSA supply chain attacks. Spence outlines how eSentire’s Security Operations Center (SOC) & Threat Response Unit (TRU) were able to quickly respond on our customer’s behalf and notify Kaseya of the breaches.
In these 2018 and 2021 attacks, threat actors leveraged zero-day vulnerabilities to push Cryptomining malware and Ransomware to Kaseya VSA customers. Our BlueSteel Machine Learning Engine identified malicious Powershell commands being executed. eSentire’s actions to detect, respond and remediate these attacks demonstrate the importance of MDR services that go beyond alerting and host isolation to deliver complete & robust response.
eSentire was engaged by a financial services firm to conduct third-party risk assessments because the firm had experienced a failed audit due to the discovery of a fraudulent transaction from a compromised third party.
Realizing the potential implications of a repeat issue and that they may already be compromised by another vendor, the client contracted eSentire’s Virtual CISO services, specifically a Third-Party Risk Assessment.
Read the case study for the full story on how eSentire executed tailored risk assessments that resulted in operational cost savings for this firm.
eSentire observed an unknown threat actor attempting to deploy Monero cryptocurrency mining malware to multiple customers. This increasingly common type of attack known as “cryptojacking” allows a hacker to leverage the compute power of devices on a personal or corporate network to mine cryptocurrencies, unbeknownst to the victim.
Following an investigation from eSentire’s SOC, it was determined that the threat actor was leveraging a previously unknown vulnerability (zero-day exploit) in Kaseya’s Virtual Systems Administrator (VSA) agent as a vector to gain access to the clients’ network.
Read this case study for more details and to see how eSentire remediated the attack.
Watch this video with one of eSentire’s Elite Threat Hunters, Spence Hutchinson, as he reviews the Kaseya VSA supply chain attacks. Spence outlines how eSentire’s Security Operations Center (SOC) & Threat Response Unit (TRU) were able to quickly respond on our customer’s behalf and notify Kaseya of the breaches.
In these 2018 and 2021 attacks, threat actors leveraged zero-day vulnerabilities to push Cryptomining malware and Ransomware to Kaseya VSA customers. Our BlueSteel Machine Learning Engine identified malicious Powershell commands being executed. eSentire’s actions to detect, respond and remediate these attacks demonstrate the importance of MDR services that go beyond alerting and host isolation to deliver complete & robust response.
eSentire was engaged by a financial services firm to conduct third-party risk assessments because the firm had experienced a failed audit due to the discovery of a fraudulent transaction from a compromised third party.
Realizing the potential implications of a repeat issue and that they may already be compromised by another vendor, the client contracted eSentire’s Virtual CISO services, specifically a Third-Party Risk Assessment.
Read the case study for the full story on how eSentire executed tailored risk assessments that resulted in operational cost savings for this firm.
eSentire observed an unknown threat actor attempting to deploy Monero cryptocurrency mining malware to multiple customers. This increasingly common type of attack known as “cryptojacking” allows a hacker to leverage the compute power of devices on a personal or corporate network to mine cryptocurrencies, unbeknownst to the victim.
Following an investigation from eSentire’s SOC, it was determined that the threat actor was leveraging a previously unknown vulnerability (zero-day exploit) in Kaseya’s Virtual Systems Administrator (VSA) agent as a vector to gain access to the clients’ network.
Read this case study for more details and to see how eSentire remediated the attack.
eSentire provides a better security posture for our organization."
I have enjoyed having the additional security knowledge on my team. I sleep better at night."
It’s a pleasure working with a group of people that know what they’re doing. They are an extension of the Wetherby technical security team."
We’re here to help! Submit your information and an eSentire Representative will be in touch to discuss how we can protect your business from third-party cyber risk.