AI - Third-Party Cyber Security Due-Diligence

Here's a structured overview of Cetbix's Third-Party Cyber Security Due-Diligence (CDD) solution, synthesized from official materials and industry best practices:

AI-Driven Risk Management for Secure Vendor Ecosystems
Cetbix CDD automates third-party risk assessments, streamlines compliance, and prevents shadow IT through AI-powered workflows. Designed for organizations managing complex vendor networks, it aligns with frameworks like ISO 27001, NIST, and GDPR.

Core Features

1. Automated Risk Assessment

   • Unified Dashboard: Visualize all third-party risks (vendors, suppliers, contractors) in a single interface.

   • AI-Driven Insights: Machine learning analyzes vendor security posture, compliance gaps, and historical incidents.

   • Continuous Monitoring: Real-time updates on vendor risks (e.g., new CVEs, regulatory changes, breaches).
     
     

2. Lean Information Security Integration

   • Gap Reduction: Identifies inefficiencies in procurement processes, from vendor onboarding to contract renewal.

   • Five-Element Framework: Focuses on value identification, process streamlining, and risk mitigation.
     
     

3. Compliance Automation

   • Prebuilt Templates: Align assessments with ISO 27001, NIST CSF, GDPR, and TISAX.

   • Audit-Ready Reports: Generate compliance evidence for regulators and stakeholders.
     
     

4. Shadow IT Prevention

   • Unauthorized Tool Detection: Automatically flags non-compliant software/services used by third parties.

   • Policy Enforcement: Blocks risky tools and enforces approved alternatives.

How It Works

1. Data Ingestion

   • Collects vendor data via questionnaires, security audits, and external threat feeds.

   • Integrates with existing GRC tools and IT systems.
     
     

2. AI Analysis

   • Risk Scoring: Prioritizes vendors based on financial health, security controls, and compliance status.

   • Behavioral Analytics: Detects anomalies in vendor access patterns or network activity.
     
     

3. Remediation Workflows

   • Automated Task Assignment: Sends remediation plans to vendors and tracks progress.

   • Collaborative Oversight: Involves IT, legal, and compliance teams in risk mitigation.

Key Benefits

Industry Alignment

• G7 Third-Party Cyber Risk Guidelines: Supports criticality assessments, cyber due diligence, and subcontractor risk management.

• M&A Due Diligence: Evaluates acquisition targets for security flaws, breach history, and compliance gaps.

• Financial Sector Compliance: Addresses ECB and DORA requirements for third-party risk in banking.

Competitive Edge

• AI vs. Manual Tools: Outperforms traditional GRC platforms (e.g., Archer, MetricStream) with predictive analytics and automated workflows.

• Real-Time Adaptation: Adjusts risk scores dynamically based on live threat data.

Use Cases

• Vendor Onboarding: Ensure new suppliers meet security standards before integration.

• Regulatory Audits: Simplify evidence collection for ISO 27001 or SOC 2 compliance.

• Supply Chain Attacks: Mitigate risks from compromised third-party tools (e.g., Log4j vulnerabilities).

Why Cetbix?

Cetbix CDD transforms third-party risk management from a reactive chore to a strategic advantage, combining AI-driven automation with industry-specific compliance frameworks. Ideal for enterprises managing 100+ vendors, it reduces breach risks while saving operational costs.