Redefining Risk Assessment for Quicker Decision-Making

The update is focused on providing greater insights on cyber resilience in the supply chain.

General Cyberattack

Black Kite, the leader in third-party cyber risk intelligence, recently unveiled its AI-powered cyber assessments, an automated solution for streamlining third-party cyber risk assessments. According to Chuck Schauber, Chief Product Officer at Black Kite, “Traditional approaches are broken with lengthy questionnaires, long wait times, and manual processes. We are solving the challenges by delivering an automation-first, questionnaire-last approach.”

Key features and benefits include:

  • Automation at every step: Initiates cyber assessments instantly using readily available intelligence and documentation, eliminates manual review tasks by leveraging AI to read, extract, and summarize documents, and accelerates risk workflows by automating document-to-control mapping and response generation.
  • Accurate, risk-driven insights: Analyzes audit-quality documents written by practitioners to extract trustworthy data, maps technical findings to assessment controls using AI and embedded intelligence, surfaces risks that are actionable and verifiable, not just self-reported by vendors, and quantifies vendor risk using Open FAIR™ to inform business decisions.
  • Collaboration and tracking: Shares findings with internal teams and vendors through The Bridge™ workspace, establishes persistent workspaces to centralize documentation, findings, and communication, and monitors changes over time and documents actions for audit-readiness.

For more information, click here.

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