Identify and eliminate the third-party risks that jeopardize supply-chain management across your organization.
After years of being focused on reliable physical delivery infrastructure and systems, Energy and Utility companies are under increasing pressure to put enhanced focus on cyber security, sanctions and ESG (Environmental, Social and Governance). Recent large hacking and ransomware events have proved to be a potent threat to the ability to provide services that has implications to both end consumers and also national security. Ransomware attacks by well-organized cyber criminals have forced shutdowns as well as large payments to bring systems and physical supply chains back online.
The focus on ESG domains such as sustainability, Net-Zero, diversity, ethics, modern slavery and other areas are becoming a business reality. Failures in these areas can not only result in regulatory fines but also impact reputation, the ability to participate in public sector opportunities and the overall company evaluation. KY3P, an integrated solution platform, enables organizations to uncover supply chain vulnerabilities, identify risk exposure, and build best in class third party risk management capabilities. KY3P offers unparalleled solutions built by experts in partnership with a global design network.
Our deep domain expertise, data, and technology enhance and accelerate all aspects of supplier and third-party risk management from onboarding, regulatory compliance, assessment, monitoring and oversight. KY3P standardizes and simplifies third-party due diligence, provides end-to-end visibility and vigilance needed to protect the supply chain.
Learn more about our complete Supply Chain Solutions.