Top target for cyber attacks

Impact Study

A major bank used Paliscope for managing its cyber supply chain risk

Challenge

On the front-line of cyberattack

One of the major banks in the Nordics has received our continuous monitoring service of its cyber supply chain.

The organization is known to be on the front-line of cyberattacks and its business depends on the trust that is exploited by cybercriminals. The Client engaged Paliscope to monitor and help in managing cyber supply chain risk.

Solution

Developed a continuous monitoring program

We developed a continuous monitoring program for the client, where we combine our OSINT methods with best practices and available tools to increase the risk visibility of our client's most critical suppliers. The program has continuously delivered reports and instant notifications of relevant cyber events involving the clients' suppliers.

Cyber supply chain risk was better understood through data visualization and data models that can be presented to non-technical managers and board. The reports, however, provided a more technical explanation of the vulnerabilities at hand, so that both the client and its suppliers can benefit from the findings.

Result

Measurable improvement in cyber supply chain

After six months, the client saw a measurable improvement in their cyber supply chain. The risk levels have decreased since risks were visible, and the client could then report the supplier to manage it. Over time we saw how vulnerabilities were resolved and automatically decreased the average risk score of their cyber supply chain.