Supply Chain Security

No matter what the business or operation, the size of a company or organisation, with the best security you could possibly implement, you could still be vulnerable due to the third parties you use.

Supply Chain Security Best Practices

A great deal of risk to supply chains stems from a lack of visibility of third-party decisions and practices and indeed the processes behind them. These typically include but are not limited to logistics, employee vetting and information available in the public domain as typical examples. Supply chain security is a multi-faceted problem which requires a coordinated and collaborative approach from all parties. The companies, businesses and organisations that get this right recognise and understand these risks and strive to govern the visibility of the ‘unknown’ at every tier with analytics and monitoring capabilities.

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Learn about Supply Chain Security from our free brochure. Simply tell us where to send it and we will email it to your inbox.

Nexor’s Approach to Supply Chain Security

As with any security scenario, physical or cyber, there is no ‘silver bullet’ for securing a supply chain so it should be managed with a ‘defence in depth’ or ‘layered defence’ approach. Securing a supply chain is a multi-faceted problem, so applying controls to all aspects will place you in such a posture naturally.

Continual review of compliance with data protection laws and classification, corporate governance, strategy, policies, and procedures are key to ensuring a proactive stance when planning how to protect and secure a supply chain. This applies far beyond the boundaries of responsibility for a company, business, or organisation to include third-party suppliers and vendors too.

Nexor’s Approach to Supply Chain Security

Engaging with suppliers and vendors as far as the necessary tier to identify critical assets, vulnerabilities and allow expansion of risk management across all parties will be a step closer to achieving end-to-end security. Partners up and down the supply chain can assure compliance with one another through audits, certification, and standards.

When considering a breach of security or an incident to a supply chain, reaction times to plan a response and recover could increase the impact such as loss of revenue for example. Incident response and recovery plans should not only exist for an organisation but they should be practised vigorously. Exercises should be coordinated with partners to identify lessons, understand the implications, and establish controls for incidents that occur for real.

Nexor’s Approach to Supply Chain Security

Nexor’s advisory services are focused on investigating where potential risks to supply chains might exist. The value of the Nexor service is based upon the combination of our own experiences of implementing and managing a secure process for our own supply chain and the threat data from our partners, enabling us to provide an end-to-end service from risk identification to mitigation.

Nexor’s consultants have broad security experience with the depth of knowledge of processes necessary to comprise a tailored approach for satisfying specific customer requirements. This might include, but not be limited to:

Nexor’s Approach to Supply Chain Security

  • Auditing using NCSC approved frameworks against legal, contractual, standards and policy compliance.

  • Cyber Vulnerability Investigations with a socio-technical approach that will identify evidence-based risks you will be exposed to and recommendations to holistically manage them.

  • Threat Hunting and analysis using intelligence gathering portals to carry out comprehensive searches from Open Source Intelligence (OSINT) and the Dark Web.

  • Research: Nexor have recently focused on the challenges of a high-assurance software development supply chain and how software can be developed securely in an unclassified supplier environment for deployment into a customer’s secure facility.

What are the Benefits of Supply Chain Security?

The combined capabilities delivered through the partnership between Nexor, Lab 1 and Craft enable us to:

Extract tens of billions of Exposed Data Entities (EDEs) and use an AI-assisted approach to understand the breadth, depth and dependencies of exposed data.

Scrutinise the clear, dark and deep web as well as various messaging applications to identify direct and indirect data exposures.

 Analyse vast volumes of breached data through our mix of data sources and AI data processing.

Our information fusion approach results in the intelligence and analysis to provide any business or organisation visibility of their mapped out multi-tier supply chain to identify risks and enhance understanding of their dependencies on suppliers. Our service is completely configurable to customer requirements with benefits that will:

Offer holistic profiles on both public and private companies with a focus on company health and potential risks.

Highlight issues from suppliers such as unethical labour practices, regulatory violations, IP theft, economic risks and eliminate reliance on risky single-source suppliers.

Determine the origin of EDEs such as documents (all formats) to contextualise potential risks.

This Supply Chain Assurance Report is based on an investigation of a company through an ‘information lens’ to highlight dependencies and determine associated threats and vulnerabilities, directly or indirectly, which could present risks through a supply chain to another company or organisation.

Supply Chain Security Market Drivers

Every business and operation, irrespective of its size or the quality of its cyber security, is susceptible to vulnerabilities introduced through its third parties. A substantial chunk of supply chain risk and disruption comes from second and third-tier suppliers which often lie beyond the natural sightline of the client. Therefore, having accessible, reliable intelligence of suppliers is crucial for greater visibility of supply chain risks and the vulnerabilities that they introduce to your business.

Download your free copy of the benefits sheet

Learn about Supply Chain Security from our free brochure. Simply tell us where to send it and we will email it to your inbox.

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