3rd Party
It’s hard to think of an industry sector or business type that doesn’t rely on a 3rd party or supply chain some way. Such is the interdependent nature of today’s commercial world and the connectivity created by digitisation and technology that we are more reliant on each other than ever before. These same connections that create seamless business operations are the same connections that leaves a business seriously exposed to the threat of cyberattack.
Many industries were forced into embracing digital technologies during the COVID 19 pandemic. Sharing data online, project plans, site surveys or staff working from home all helped to create huge array of opportunities for an increasingly sophisticated cybercriminal.
Attackers may target smaller vendors on the supply chain who have weaker security practices which gives them access to the larger organisation’s network.
The more complex and sophisticated the supply chain, the greater the exposure and risk.
Your company may be at risk!
See how with our FREE Security Audit
3rd Party Risks
Attackers may target smaller vendors on the supply chain who have weaker security practices which gives them access to the larger organisation’s network.
The more complex and sophisticated the supply chain, the greater the exposure and risk.
Once they gain entry, the risks to your business can be significant and include data breaches, IP theft, customer data theft, financial loss, reputational damage or a high level disruption or entire closure of your entire operations – none any less appealing than the other.
It is much easier and more cost effective to take pre-emptive measures against any attack – here are some recommended actions that you can take now:
- Conduct thorough due diligence on any 3rd party or supply chain partners for security compatibility through their current practices and previous track record.
- Establish clear cyber security protocols for sharing any sensitive data, access controls and requirements for security audits and assessments.
- Implement strong authentication and access control measures such as multi- factor authentication and password policies.
- Offer regular cyber security training to employees and 3rd party suppliers, encouraging openness about potential cyber risks
- Conduct regular security assessments and audits of all vendors and supply partners
- Implement the LoughTec Security Operation Centre (SOC)
LoughTec currently provides cyber support to a number of businesses and organisations in a variety of industries throughout Northern Ireland and the Republic of Ireland. We support enterprise scale organisations with £500m turnover and small companies with a more regional focus, all through the implementation of our LoughTec Security Operations Centre (SOC)
Security Operations Centre
How the LoughTec SOC can protect your business?
The LoughTec SOC is responsible for detecting, analysing and responding to security incidents in real time delivered through software, technology and (human) security analysts. In addition to 24/7 monitoring and management, the SOC helps organisations maintain
security policies and procedures, deliver training and provides regular reports on our customers security posture.
Here’s how it works:
Step 1.
No obligation, no cost initial consultation to review your current security protocols, enhanced potential requirements and your main concerns.
Step 2.
Deploy the LoughTec System Security Scan for a deep dive on your current cyber posture as well as your threat risk score and analysis.
Step 3.
Review all findings and create our joint cyber security action plan to mitigate the potential risks.
Step 4.
Implement the required tailored cyber improvement plan and resolution actions for your business.
Step 5.
Ongoing LoughTec account management updates with additional training and support tools and plans available.
Remember cyber threat is a real and constant – there is a good chance that you have already been hacked. If not yet, you definitely will be. It’s important to know that your network is being monitored 24/7/365 – just like you would for your property or plant.
Cyber protection is an investment, not an expense – the LoughTec SOC can protect your most valuable business assets from as little as from as little as £4/day.
For more information and to book a free no-obligation consultation email
Get in Touch with Loughtec Cyber Security
Customer Success Stories
Don’t just take our word for it
“The deployment process was quick and seamless, and was completed across all our endpoints in a couple of days. The reporting from the SOC is essential for us. It gives us a demonstration of its value for money. We can show our directors and management, ‘these are the types of attacks that have happened or attempted to happen, and this is how the system is paying for itself.’
What price can you put on the loss of your data or your business being down for a significant amount of time?”
Brian McCabe, Global IT Manager
“Our business was the victim of two hacking incidents – one in which our IP address was ransomed and we were invited to pay in Bitcoin to release it. The other was an email spoofing incident, where one of our clients was contacted by an unknown source claiming to be us.
“I would strongly suggest an IT security audit, as a minimum starting point for any business. It gives results and advice on things that you would not ordinarily consider in terms of your cyber security.
“The LoughTec Security Operations Centre (SOC) helps protect our IT infrastructure, protecting our business and our data.”
Yvonne Conway, Project Manager
“LoughTec is one of the leading Cyber Security systems providers worldwide and our research highlighted that they provide one of the most advanced file upload malware protection and detection solutions.
This partnership with LoughTec gives us the confidence and assurance that every file system uploaded through our platform is malware and virus free, allowing us to focus on our core business of selling property.”
Ebenezer Akintunde, Software Delivery Manager
Cyber Security
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