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Satisnet Partner with Crossword Cybersecurity – Control Your Third-Party Risk!

Tuesday 7th April 2020

Satisnet Partner with Crossword Cybersecurity – Control Your Third-Party Risk!

Satisnet are pleased to announce a partnership with Crossword Cybersecurity (‘Crossword’) – the knowledge transfer company focused on cyber security and risk. As part of Crossword’s partner programme, Satisnet will have the ability to offer, and utilise within the services, the market-leading, focused solution for Third-Party Risk Management – Rizikon Assurance (‘Rizikon’).

With Rizikon, Satisnet will enable organisations to take control of third-party risks with this enterprise-grade platform. Rizikon will help automate supplier onboarding and gain full visibility of third-party risk exposure, so it can be proactively managed.  Customers will also be able to fully outsource their assurance processes to Satisnet through the Third-Party Assurance service offering, freeing internal staff to focus on other value-add tasks.  A recent Ponemon Institute study revealed that in the US, 61% of surveyed companies had experienced a breach due to one of their vendors/third parties. Through Rizikon Assurance, Satisnet will help customers manage this risk at scale whilst improving the experience for their suppliers.

Sean Arrowsmith, Group Sales Director at Crossword Cybersecurity, said: “We are really excited to have signed this agreement with Satisnet and it is a great step forward, as we progress our partner programme. Rizikon Assurance compliments Satisnet’s existing portfolio and will allow their clients to really take control of their supply chain assurance programmes.”

John McCann, CEO, Satisnet, said: “The Rizikon Assurance platform is a welcome addition to our offering. A lot of our clients are keen to further mature and enhance their approach to third-party risk management and Rizikon will allow them to do this by driving automation at scale into the process.”

About Crossword Cybersecurity
Crossword Cybersecurity focuses on the development and commercialisation of university research-based cyber security and risk management related software and cyber security consulting.  The Group’s specialist cyber security product development and software engineering teams work with its university partners to develop the research concept into a fully-fledged commercial product that it will then take to market. The Group’s aim is to build up a portfolio of revenue generating, intellectual property based, cyber security products. Rizikon Assurance, Crossword’s leading product, is a SaaS platform that enables medium to large companies to assess and manage all risks from their suppliers.

Find out more about Rizikon Assurance and the partnership with Crossword here, and look out for our third-party risk events!