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# Fortify Your Supply Chain And 3rd Party Risk Management
Gain Instant Visibility of Shadow Risks and Build Assets Inventory
## **What is Cybersecurity Supply Chain & 3rd Party Risk Management?**
Cybersecurity Supply Chain & 3rd Party Risk Management involves identifying, assessing, and mitigating risks associated with third-party vendors and suppliers within an organization’s supply chain. This process ensures that any vulnerabilities or threats posed by external entities are managed proactively to protect sensitive data and maintain the integrity of the organization’s operations. It includes continuous monitoring, automated penetration testing, and generating detailed inventories of third-party software to provide a comprehensive view of potential risks and enhance overall security posture.
## Challenges with 3rd Party Risk Management
 !01Hidden Vulnerabilities​
Third-party vendors often introduce undetected security gaps. A 2022 study by the Ponemon Institute found that 61% of data breaches were linked to third-party vendors, highlighting the significant risk they pose.
02Lack of Visibility
Only 23% of companies report having full visibility into their third-party vendors, according to a 2021 survey by Deloitte. This lack of oversight makes it challenging to monitor and assess the security posture effectively.
03Compliance Difficulties​
A 2021 report by BitSight indicated that 52% of organizations faced compliance issues due to inadequate third-party risk management, complicating efforts to ensure all vendors meet regulatory standards.
## FireCompass TPRM – Discover Your Third Party Security Risks
## Measure Security Postureof Your Vendors
FireCompass provides a continuously updated Vendor Security Posture dashboard, passively collecting data and matching it against a comprehensive risk database. It identifies potential security risks, offering real-time visibility, and supporting annual assessments, covering over 95% of vendor-related risks identified in the last year.
    ! !
## Find Vendor Data Leaks​
Utilizing advanced attribution techniques across the deep, dark, and surface web, FireCompass uncovers assets associated with your third and fourth-party vendors. It identifies up to 100% of your vendors and addresses Shadow IT instances.
## Vendor Network Vulnerabilities
FireCompass scans vendor networks to identify vulnerabilities such as remote code execution (RCE) and command injection flaws. These vulnerabilities can allow attackers to execute arbitrary commands or code on a vendor’s system, leading to potential data breaches and system compromises.
## Vendor Application Vulnerabilities
The platform performs contextual attribution and service fingerprinting to detect application vulnerabilities. Common vulnerabilities in vendor applications include SQL injection and buffer overflow vulnerabilities, which can be exploited to manipulate databases or execute arbitrary code.
## Vendor API Security
FireCompass evaluates the security of vendor APIs, capturing banners and indexing services to identify potential risks associated with API integrations. This includes monitoring for API vulnerabilities such as improper input validation and authentication bypass, which can expose sensitive data and allow unauthorized access.
## Active Pen Testing Options
FireCompass conducts active testing on vendors to obtain the most realistic security posture of your exposed attack surface. It launches multiple safe and curated tests, providing validated risks and reducing false positives by 95%. This allows for deeper testing of critical vendors, enforcement of stringent security practices, and mitigation of critical risks, incorporating more accurate third-party risks into your Risk Register.
## Advantages of Using FireCompass
#### Comprehensive Vendor Assessment
Discover vendors, subsidiaries, and open-source providers; establish an asset inventory for compliance and testing; uncover and address Shadow IT instances.
#### 2x SBOM Accuracy than others
Gain real-time visibility into vendor security postures; evaluate current security measures; send critical alerts; support annual assessments. Generate highly accurate SBOMs.
#### 80% Cost Efficiency
Save up to 80% of SecOps bandwidth by prioritizing risks. Identify critical risks within 72 hours and validate security controls monthly, achieving a 50x reduction in the risk window.
#### 95% Reduction in false positives
Perform deep testing on critical vendors; enforce stringent security practices; mitigate critical risks; incorporate accurate third-party risks. Reduce false positives by 95%.
## Frequently Asked Questions
 is a continuous, automated process of testing the security of a system by simulating the activities of an adversary with the goal of uncovering weaknesses in the system. It uses a combination of automated tools and processes such as vulnerability scans, port scans, and other scanning techniques to detect potential vulnerabilities. Manual red teaming and penetration testing cannot be continuous processes due to limitations in time and budget and expertise. Automated Red Teaming is also more effective at uncovering weaknesses that may have been overlooked by manual testing. Automated Red Teaming can be used to supplement manual red teaming and penetration testing, providing a more comprehensive security evaluation.
•   Increased Efficiency: FireCompass’ automated processes can help streamline your red teaming efforts and maximize your team’s efficiency. FireCompass can automate tasks such as assessment scoping, data collection, data analysis, prioritization, and reporting, allowing your team to focus on the more important aspects of red teaming and blue teaming.
•   Improved Coverage: FireCompass’ automated red teaming tools can provide comprehensive coverage of your IT environment. By automating the data collection and analysis process, FireCompass can help you identify threats and vulnerabilities more quickly across your entire IT infrastructure.
•   Enhanced Visibility: FireCompass’ automated tools can provide detailed visibility into your IT environment. Automated data collection and analysis can give you a more comprehensive view of your IT infrastructure, allowing you to identify potential threats and vulnerabilities more quickly.
•   Reduced Costs: Automated red teaming with FireCompass can help reduce costs by eliminating the need to hire and train additional personnel. Automation can also help reduce the time and effort required for manual tasks, resulting in significant cost savings.
FireCompass automates red teaming by providing a platform that allows users to define and execute attack scenarios and tests via predefined and custom playbooks. It operates on a “continuous attack model” that monitors and tests systems on an ongoing basis. FireCompass can detect and alert on malicious activities, such as lateral movement and privilege escalation. It also provides a suite of tools for performing reconnaissance, exploitation, and post-exploitation activities. This helps organizations to detect and respond to potential threats before they become a problem and can validate blue team processes that detect these activities.
Automated Red Teaming can improve compliance by providing organizations with continuous monitoring of their networks, systems, and data. This helps to identify any potential risks or weaknesses in their security posture, allowing them to take action to address any issues and ensure that they are meeting their compliance requirements. Automated Red Teaming can also provide regular reports on the state of the organization’s security posture, making it easy to track progress and ensure compliance.
Automated Red Teaming can improve Blue Teaming by providing a more efficient and effective way to test security controls. Automation provides a consistent and repeatable way to simulate real-world attacks, which can help Blue Teams identify vulnerabilities, misconfigurations, or other weaknesses that would be difficult to find manually. Automated Red Teaming also helps Blue Teams better understand the adversary’s tactics, techniques, and procedures, which can help them better prepare for and respond to real-world attacks.
•   **Vulnerability Scanning**: Using automated tools to identify and report on potential security weaknesses in your network and systems.
•   **Social Engineering**: Manipulating people into giving up confidential information or performing unauthorized actions.
•   **Network Mapping**: Utilizing tools to map out a network’s topology and identify potential entry points.
•   **Penetration Testing**: Using automated tools and manual methods to identify and exploit weaknesses in your networks and systems.
•   **Physical Security Testing**: Utilizing physical reconnaissance and covert methods to assess the physical security of your organization.
•   **Malware Analysis:** Examining malicious code to better understand the nature and purpose of the attack.
•   **Database Enumeration**: Utilizing tools to identify and retrieve information from databases.
•   **Application Security Testing**: Utilizing tools to evaluate the security of web and mobile applications.
•   **Wireless Network Testing**: Utilizing tools to assess the security of wireless networks.
•   **Phishing Campaigns**: Utilize emails to employees or partners to gain initial access or information about systems including credentials.
FireCompass uses trained Machine Learning algorithms to help reduce false positives by 99%. The platform analyzes the context of the risks and threats, and looks at the behavior of the attacker and the target, and learns the characteristics of successful malicious activity. FireCompass also leverages threat intelligence and reputation data to further refine output and filter out false positives. With its deep insights, FireCompass can accurately identify assets and risks to reduce false positives by 99%.
## 
During a recent FireCompass fireside chat, celebrated security technologist Bruce Schneier sat down with our Field CISO, David Randleman, to explore how AI is reshaping the cybersecurity landscape. From the origins of attack trees to the future of penetration testing, Schneier shared invaluable insights that help us see where security is headed—and how we can… 
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## Build your security with the best
**FireCompass is a SaaS platform for and **that acts as an integral part of a good exposure management program.
* Single Platform for  and Automated Penetration Testing & Red Team
* Daily Risk Port Scanning & Adversary Emulation through multiple Attack Playbooks
* Prioritized Risks with real-time alerts for faster detection and remediation
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## “The tool has exceeded our expectations”
– Risk Manager, Top 3 Telecom in USA
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