It’s been a whirlwind tour the last several weeks of spring here in the DMV (DC, MD, and VA for my non-local friends and colleagues), with the Gartner Risk and Security Management Summit, the US Government’s Supply Chain Integrity Month, the addition of supply chain risk management in the National Institute of Standards and Technology (NIST) Cybersecurity Framework 1.1, and one awesome Championship parade celebrating the Washington Capitals winning the Stanley Cup!
So, what did I learn about cybersecurity that is relevant for businesses and vendors …
I came away from all these great events thinking that Prevalent’s unique value proposition and market-leading approach to third-party cyber risk closely match Gartner’s analysis and the emphasis the US Government and NIST are placing on supply chain risk. Our holistic view around third-parties impacts how we define and approach risk, using multiple methods and tools from assessment to monitoring. Likewise, we don't just look through the soda straw of technical cyber threat intelligence but equally look at the strategic context by integrating business intelligence into our cyber risk solutions.
Finally, I want to close with a look at ecosystems and communities by talking about the Washington Capitals, the Stanley Cup, and Alex Ovechkin. The Stanley Cup and the Championship Parade brought together hundreds of thousands of people in the DMV who make up an “ecosystem” or community. It showed the importance of how ecosystems can operate so powerfully together, and how one great event cascaded across an entire region, across states, and even across countries with players representing their communities from around the world led by Ovechkin and Russia but others from Canada, Austria, Czech Republic, Wales (UK), Sweden, and Denmark. It's a rare thing to see in one's life, as well as in business; such a powerful community coming together as was visible throughout the parade. For both the DMV and for our companies, let's hope that with awareness of the overall objective, what's most important, the ecosystem and community involvement, and the right tools or technologies with IRM, that we can continue to leverage the power of communities for continued success.
To learn how Prevalent’s unified platform helps make business relationships more secure, download a copy of our Comprehensive Approach to Third Party Risk Management.
Jared Feinberg is Senior Director for Threat Intelligence and a leader in Prevalent’s product management organization. He focuses on enabling companies to operate securely with their business partners and vendors around the world by designing industry leading technology solutions. He leverages 15+ years of professional experience at the intersection of the national security and international business communities, advising senior executives on business strategy and risk management.
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