Identifying Hidden Concentration Risks in the Digital Supply Chains of UK Energy Companies
According to UK government research, just over 10% of organisations review the risk posed by their immediate suppliers, and only 6% look at risks in their wider supply chain. This is why most organisations have no way of knowing where critical concentration risks in their supply chains lie. But this is crucial for operational resilience planning under regulations such as NIS2 or Ofgem's Guidance on NIS for Gas & Electricity.
Risk Ledger's unique social network model to supply chain risk management allows us to map interdependencies and risks well beyond an organisation's critical third parties, including in 4th, 5th and nth parties. This uncovers hidden concentration and systemic risks that could pose a threat to the cyber security and operational resilience of individual organisations and entire industries.
In our recent data snapshot report, we identified key concentrations risks for Energy clients on our supply chain risk management platform.
Do you know which concentration risks might be hiding in your extended supply chains?
If you want to learn more about concentration risks, and how Risk Ledger helps organisations uncover and mitigate them, then download our free data snapshot report.
What you will learn in this data snapshot
Find out what the three types of concentration risks are that could pose a threat to your organisation.
Learn about how Risk Ledger's advanced network visualisation tool is able to identify concentration risks in your supply chain.
Discover how we helped NHS uncover and mitigate a serious concentration risk in its supply chain that could have potentially affected three of its critical suppliers.
