Cyber Risk Management for the Retail Industry
The Retail and Restaurant industries are heavily reliant on supply chain, employment issues & regulations, and are the first wave of organizations impacted by global events such as Covid or the SolarWinds hack.
Profit margins in the industry are tight and can evaporate overnight by unexpected incidents. Ability to plan and execute based on leading information could be the difference from staying viable and closing the business
of Consumer & Retail executives said supply chain is a key risk,
1 in 6
US restaurants—more than 110,000 establishments—are closed permanently or long-term
The Wisr platform constantly monitors global data feeds – from news, cyber breaches, social media, financial data, weather patterns and more – and turns this data into actionable insights.
Hackers and criminals change their attack vectors quickly and based on local and global events. Wisr unlocks the insights you need from global data sources to manage and monitor cyber risk across your vendor network.
By constantly monitoring changes in cyber breaches, hacks and more, coupled with changes in the external environment, Wisr provides you risk assessments to prioritize the inherent risk from your vendor and supply chain partners.
Our artificial intelligence and neural network platform creates firmographic "fingerprints" to profile cyber breaches and pattern match changing global conditions to provide early warning and risk profiles for your vendors.
Wisr keeps track of breach profiles and provides AI-driven analysis for your organization and vendor partners, with automated recommendations on how to improve protection and remediate risk.
The #1 success factor for Third Party Risk Management programs is the focusing of time, effort, and expertise on the highest-risk third-party services.
– KPMG Third Party Risk Management Outlook 2020
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