#United States #Boston #Cyber Risk #Sayari #Black Kite

Partnership for Enhanced Risk Management

In an era where organizations are navigating the complexities of risk across global supply chains, Black Kite and Sayari have initiated a strategic partnership aimed at enhancing corporate transparency and risk management. This collaboration merges Black Kite's expertise in cyber risk with Sayari's strengths in corporate intelligence, offering a comprehensive solution for businesses to manage potential threats effectively.

A New Approach to Risk Management

As the business landscape becomes increasingly interconnected, companies face significant challenges in understanding and mitigating risks associated with third-party relationships. Traditional tools often present fragmented data, making it difficult to gain a holistic view of threats. The partnership between Black Kite and Sayari addresses these shortcomings by integrating Sayari's deep insights into global corporate networks with Black Kite's real-time cyber risk monitoring.

“Risk doesn’t exist in silos—but most tools still do,” stated Bob Maley, Chief Security Officer at Black Kite. The collaboration aims to change that by providing customers a unified platform that delivers actionable intelligence on third-party relationships and associated risks. This integration allows organizations to assess both the corporate connections of entities and their cyber vulnerabilities, ensuring a more comprehensive understanding of potential risks.

Unmatched Corporate Insight

Sayari's platform is renowned for its extensive database encompassing corporate ownership, trade activities, and hidden commercial relationships. With connections across over 250 jurisdictions worldwide, Sayari enables businesses to uncover complex ownership structures and dependencies that may expose them to various risks. Integrating this intelligence into Black Kite’s platform not only enhances third-party risk assessments but also enriches understanding of supply chain dependencies and potential exposure to financial crime and geopolitical risks.

Benefits of the Partnership

The integration will support a wide range of use cases, including:

• - Enhanced Due Diligence: Businesses can leverage enriched data on corporate ownership alongside cyber risk insights for better compliance and validation.
• - Supply Chain Management: Improved visibility into vulnerabilities across N-tier suppliers helps in managing supply chain risks effectively.
• - Compliance and Financial Crime Prevention: By correlating beneficial ownership with cyber vulnerability, organizations can satisfy regulatory requirements and enhance their defense against financial crime.
• - National Security Applications: The partnership caters to government entities that need both corporate transparency and cyber resilience.
• - Mergers and Acquisitions: Streamlined risk assessments can accelerate due diligence processes during mergers or third-party onboarding.

By facilitating access to critical data and reducing the need for manual research, the partnership between Black Kite and Sayari significantly boosts an organization’s ability to prioritize and manage risks effectively. This data-driven approach empowers risk and security teams to act swiftly, thereby enhancing resilience across their entire third-party ecosystem.

The Future of Risk Management

As both companies continue to navigate an increasingly complex landscape, their collaboration reflects a commitment to providing organizations with tools to tackle the multifaceted nature of global risk. By connecting independent data points into a cohesive narrative, Black Kite and Sayari are setting the stage for smarter, more informed decision-making in risk management.

In April, Bob and Owen from both companies participated in a webinar titled “From Fragmented Signals to Connected Risk Intelligence,” which is available for on-demand viewing. This session further explores the implications of their partnership and its impact on risk management strategies.

About the Companies

Black Kite

Black Kite is an AI-native platform that streamlines third-party cyber risk management, trusted by over 3,000 organizations. Their extensive risk intelligence database covers more than 40 million companies, providing unmatched accuracy and transparency. The platform is designed to automate vendor monitoring and risk assessments, resulting in actionable insights into potential threats.

Sayari

Sayari specializes in economic security through its robust management of risk intelligence. Its Commercial World Model encompasses over 10.6 billion primary-source records, enabling significant analytics and insights into global commerce and corporate networks. Recognized by leading regulatory bodies, Sayari equips organizations worldwide with essential tools for securing their operations against illicit activities.

Learn more about Black Kite at blackkite.com and Sayari at sayari.com.