News intelligence for third party risk
Organizations rely on third party suppliers and vendors to stay in operation. When something goes wrong with one of those third parties, such as a major disturbance in the supply chain, or a data security breach, your organization can be catastrophically impacted. Being able to identify potential threats from third parties in real time, and monitor how situations unfold is essential to protecting your organization from risk. This requires greater control over searching the world’s news, which is only possible with a solution like AYLIEN.
The impact of not investing in third party risk monitoring
AYLIEN provides the tools your organization needs to effectively search, identify, monitor, and assess third party risks
Investing in AI-powered risk monitoring technology delivers significant results
A better way: proactive third party risk monitoring
Implementing a proactive risk monitoring
framework enables organizations to stay ahead of third party risk.
The accompanying flywheel shows
the five stages of proactive risk monitoring:
- Define your organization's risk landscape
- Use proactive monitoring tools to be alerted as soon as a risk event is happening
- Assess the severity of the risk event using advanced analytics and visualizations
- Report to relevant stakeholders
- Take action to mitigate risk and adjust controls