SecurityScorecard and AWS Fast Track Supply Chain Risk Management

By Dylan Souvage, Partner Solutions Architect, AWS
Jordan Kitio, Partner Solutions Architect, AWS
David Hoeller, Senior Director, Product Marketing, SecurityScorecard
Charles Perschon, Director, Alliances, SecurityScorecard

Modern enterprises thrive on interconnected digital partnerships, with organizations leveraging dozens of vendors to drive innovation and growth. This digital transformation presents opportunities to enhance operational efficiency and scale business capabilities through strategic supply chain partnerships.

To maximize these opportunities while maintaining sound security practices, organizations benefit from comprehensive visibility into their supply chain ecosystem. By implementing proactive vendor risk management and maintaining logical insights across partnerships, businesses can strengthen their security posture while fostering trusted relationships that drive business value.

Organizations are increasingly seeking comprehensive solutions that streamline supply chain security management and enhance collaboration with their partners. The most effective approaches combine continuous monitoring capabilities with actionable insights, enabling teams to make informed decisions that strengthen their security programs while maintaining business agility.

Recent SecurityScorecard research highlights the interconnected nature of Global 2000 companies and their technology vendors, presenting opportunities for enhanced security collaboration. Additionally, Industry analysis from Gartner® Research also demonstrates substantial return on investment organizations can achieve through strategic vendor security management. With the growing value of digital assets, it is estimated that organizations can realize up to $4.88 million in cost savings and business advantages by implementing proactive comprehensive supply chain security measures.

To address this, SecurityScorecard offers MAX – a comprehensive, supply chain detection and response solution that empowers organizations to proactively manage their supply chain security. By leveraging the AWS Marketplace, organizations can discover, procure, and deploy SecurityScorecard’s MAX to gain visibility into their vendor ecosystem, streamline risk assessment processes, automate compliance reporting, and drive measurable risk reduction and business value:

Growing Supply Chain Ecosystems and opportunities.

In today’s world, the growth in technology integrations across industries has created opportunities for enhanced efficiency and innovation. This interconnection highlights the importance of implementing robust security measures, including in our supply chain environments.

Figure 1: Diagram illustrating supply chain relationships

Supply Chain Detection and Response Solution

As organizations’ supply chain ecosystems grow in size and nodes, SecurityScorecard’s MAX offers a proactive end-to-end approach to supply chain security, providing the visibility, context, and control needed to safeguard your ecosystem. By leveraging continuous monitoring capabilities and real-time vendor insights, SecurityScorecard MAX enables organizations to strengthen partnerships, streamline operations, and maximize the value of their digital relationships.

Using proprietary methods, SecurityScorecard sources 99% of its data in-house, producing unique supply chain threat intelligence that empowers organizations to take control of their vendor ecosystem. The vast amount of security data collected by SecurityScorecard enriches the log-based events consolidated in Amazon Security Lake, ultimately allowing customers to build a security data lake from integrated cloud and on-premises data sources as well as from their private applications.

Security teams can continuously monitor third-party risk, identify vulnerabilities, and collaborate with vendors to remediate critical issues all in one platform.

SecurityScorecard MAX offers many benefits that enhance supply chain security management. The solution provides comprehensive supplier visibility by offering a holistic view of configuration risks, shadow IT, and attack surface vulnerabilities. Through AI-based workflows and incident response principles, it enables effective incident response capabilities for supply chain risk insights and remediation. The platform streamlines supplier remediation through asset management capabilities and collaborative workflows, allowing organizations to detect and remediate zero-days and active infections within 48 hours. The solution optimizes vendor collaboration processes, resulting in up to 90% reduction in issue resolution time. Perhaps most importantly, organizations can achieve a 75% reduction in third-party breaches while strengthening their overall supply chain cybersecurity posture.

Using SecurityScorecard MAX to Secure Your Supply Chain

MAX from SecurityScorecard employs a three-pronged approach to continuously detect and resolve cyber risks in your vendor ecosystem: (1) assess, (2) monitor, and (3) respond.

First, getting started with MAX involves an assessment, which includes loading your vendors into MAX to determine their cyber posture. This helps SecurityScorecard cyber experts highlight potential cyber risks in your ecosystem.

MAX prioritizes vendors using a sophisticated “likelihood-of-incident” model. This model evaluates potential security issues across 17 security categories, including endpoint detection and cloud environments, to identify which factors may contribute to a security incident. This approach helps your security team focus resources efficiently and address potential risks methodically. Figure 2 provides an example of how an organization’s vendors are categorized by incident likelihood.

Figure 2: Overview of the breach likelihood page in SecurityScorecard MAX

Once your account is established, the next step is to conduct a thorough review of your Scorecard issues. This process involves investigating your Scorecard’s contents and inviting team members to collaborate in reviewing your company’s security posture.

After the “likelihood of incident” assessment is complete, you work collaboratively with SecurityScorecard experts to identify which vendors may require priority attention based on potential security concerns. Then, in close coordination with the MAX team, you’ll create a Vendor Action Plan, which is a detailed guide to remediate issues discovered using MAX. Figure 3 displays a sample MAX dashboard and current trends for the organization.

Figure 3: Overview of the MAX dashboard and trends

MAX simplifies vendor management and communication by facilitating security-related interactions with vendors, as displayed in Figure 4. The platform monitors security incidents and tracks remediation activities, providing visibility into vendor security postures over time. SecurityScorecard’s detection and response capabilities mean that your organization can focus on strategic priorities while MAX handles day-to-day vendor risk management.

Figure 4: Remediation and recommended actions page on the SecurityScorecard application

After the assessment, MAX will monitor your vendors to address new issues and respond to changing risks. MAX lets you know how your vendors are performing by monitoring vendors to determine if their cyber hygiene is improving or declining. Based on your workflows, MAX can collaborate directly with vendors to improve their security posture and their cyber hygiene. Figure 5 shows an example of security trends of an example organization’s vendors.

Figure 5: Overview of the compliance page on the SecurityScorecard application

As you monitor your vendors with MAX, you can also respond to the changing threat landscape and investigate incidents, remediate issues, and escalate issues with your suppliers. With MAX’s advanced detection capabilities, SecurityScorecard works to identify emerging threats, offering a comprehensive response framework designed to help proactively reduce cybersecurity risks.

Conclusion

AWS powers much of SecurityScorecard’s infrastructure and is integral to driving automated workflows with the right level of compute and security to ensure customers get the most optimal experience with the right latency and accuracy in results. MAX provides around-the-clock visibility into your supply chain’s threat landscape. This monitoring and depth analysis allows your organization to stay ahead of modern security concerns, enabling your security team to respond to potential attacks quickly and efficiently.

Currently, supply chain visibility often relies on sophisticated APIs and data feeds to address issues, findings, and vulnerabilities, all of which require a scalable cloud and data infrastructure. SecurityScorecard leverages AWS’s robust portfolio of solutions to power its machine-learning-driven platform, ensuring continuous learning, seamless scalability, and the ability to support its growing base of 2,800 customers.

By integrating SecurityScorecard with AWS, organizations enable simplified security operations, automated risk assessments, and actionable insights designed to support faster threat detection and response. This combination provides enhanced visibility into supply chains and assets, helps mitigate supply chain security risks, and fosters trust across vendor ecosystems while safeguarding customers.

About SecurityScorecard

SecurityScorecard is the global leader in supply chain detection and response, empowering organizations to transform their supply chain security into proactive threat detection and incident response. SecurityScorecard’s patented security risk and threat intelligence technology is used by organizations for enterprise risk management, third-party cyber risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight.

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