Aravo and Black Kite announced a new partnership designed to empower organizations to improve their cybersecurity defenses by quantifying and monitoring cyber risk across the extended enterprise.
“The majority of B2B and B2C companies are expressing frequent interest and concern in the cybersecurity posture of the organizations that they do business with. And with ESG increasing in importance, it’s imperative for organizations to align cyber risk management with ESG objectives,” said Rick Goad, vice president of customer success and strategic alliances at Aravo. “As more customers continue to mandate cybersecurity risk as a significant determinant when conducting business, Aravo is excited to partner with Black Kite to provide our customers with a comprehensive security risk rating of their third parties.”
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Incorporating Black Kite into Aravo’s Cyber Risk and InfoSec application strengthens cyber risk management programs across the extended enterprise of suppliers and third parties. Key features of the Black Kite integration include:
- Technical cyber ratings – an easy-to-understand, trustworthy snapshot of the supply chain risk in the form of a letter grade, calculated using MITRE standards
- Risk quantifications – insight into the probable financial impact to an organization if a third party experiences a breach
- Compliance correlation – an external view of a third party’s compliance against common industry frameworks, such as NIST 800-53, PCI-DSS, ISO 27001, COBIT, GDPR, OTA, and Shared Assessments
- Ransomware susceptibility – detects the likelihood of a ransomware attack on a third party
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“We’re pleased to partner with Aravo and help simplify third-party risk management using our non-intrusive scans to continuously monitor and quantify third-party risk,” said Chuck Schauber, vice president of product and strategy at Black Kite. “Together, we’re enabling customers to build a more secure digital supply chain.”
The Aravo Third Party Management platform provides a flexible integration framework to connect with risk intelligence vendors, either through pre-configured Aravo Connectors or open APIs. Aravo Connectors include standard-defined data packages and best practices to help streamline onboarding, enrich risk reviews, enhance continuous monitoring, and trigger alerts and workflows to log issues and generate corrective actions. Aravo dashboards provide a unified view of risk scores for each third party across multiple risk domains including ESG, InfoSec, ABAC, GDPR, financial, ethics, supply chain resilience, and business continuity.
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