Retail & Supply Chain

Online sales are on the way to superseding in-store sales, and the supply chain is more integrated and dynamic than ever, sometimes resulting in having more service providers than suppliers of goods for resale. While revolutionary for the sector, digitisation also brings new risks. Due to the abundance of personal data assets, retail is a major target for cyber attacks and subject to strict regulations, which retailers and suppliers need to manage to avoid detrimental business disruptions and reputational damage.

Challenges

  • No ongoing visibility of critical supplier risk
    Retailers have limited clarity of the risk profiles of their critical suppliers, leaving them vulnerable to potential cyber and business threats and their impact on operations.
  • Siloed approach to risk management
    Misaligned objectives from management, operations and technical departments are difficult to coordinate, causing inefficiencies that lead to onboarding backlogs and inaccuracies.
  • Overload of incomplete solutions
    Multiple specialised solutions that only partially manage vendor risk management create an expensive deluge of fragmented information slowing down decision making.

Solution

  • Ongoing digital risk monitoring
    CyDesk’s advanced analytics, powered by AI, enable retailers to visualise their supplier ecosystem and identify shadow vendors for a greater understanding of the interdependencies within their digital footprint.
  • Single version of the truth
    CyDesk consolidates risk management activities across an organisation in one platform, enabling teams to efficiently coordinate and prioritise efforts based on accurate, unified data, eliminating backlogs.
  • Three solutions in one
    CyDesk combines security benchmarking, compliance management and threat intelligence, empowering retailers to proactively manage risks and consider cyber security and compliance policies within the overall business strategy.
Read More

For more information about how we can help, download our Retailer Case Study.

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United Kingdom

contact@cynation.com

+44 020 3190 5000

The Rain Cloud Victoria
76 Vincent Square
London, SW1P 2PD

The Netherlands

contact@cynation.com


Oude Udenseweg 29
5405 PD Uden
The Netherlands

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