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Blackwired unveils ThirdWatch to combat direct cyber threats

Thu, 5th Sep 2024

Blackwired has announced the launch of its new cybersecurity platform, ThirdWatch, which aims to identify and mitigate direct threats to organisations and their third parties.

The platform, described as a subject-directed monitoring system, provides a 360-degree view of existential threats. It assesses cyber risks linked to vendors, partners, suppliers, networks, and digital assets. Using a non-invasive, zero-touch technology, ThirdWatch generates Direct Threat Intelligence and combines it with traditional vulnerability assessment data. This integration results in evidence-based scoring and specific solutions to address direct cyber threats.

The platform establishes a new category in cybersecurity termed Direct Threat Risk Management. It incorporates features of both Attack Surface Management (ASM) and Third-Party Risk Management (TPRM) tools. ThirdWatch is designed with distinct functionalities such as Direct Threat Intelligence, Direct Threat Mitigation, Network Vulnerability Assessment, Third-Party Risk Management, comprehensive 3D visualisation, and evidence-based scoring.

Jeremy Samide, CEO and co-founder of Blackwired, said, "Implementing a defend forward mentality is crucial. To combat modern threats, organisations need to pivot to a proactive approach to threat management, seeking out threats and neutralising them before they escalate into attacks. ThirdWatch empowers organisations to identify and eliminate direct threats that jeopardise core operations, subsidiaries, and affiliates while mitigating risks posed by third parties in their ecosystems." 

Five key configurations of ThirdWatch are available: Enterprise, Audit, Managed Service Provider (MSP), Incident Response (IR), and Legal. The platform also ensures compliance with third-party regulatory cybersecurity requirements and assists organisations in navigating potential supply chain disruptions caused by cyber events. Additionally, management teams can monitor cybersecurity operations' effectiveness, access cyber threat landscapes swiftly, and maintain a digital record of pre-event direct threat intelligence.

Blackwired utilises a blend of industry and government expertise to offer innovative solutions integrating technologies such as artificial intelligence, edge computing, blockchain, and quantum computing. This approach contrasts traditional reactive cybersecurity measures, focusing instead on proactive prevention and, if necessary, offensive measures. By leveraging a deep understanding of cybercriminal tactics, techniques, and procedures, Blackwired aims to enhance the security posture of organisations worldwide, helping them proactively defend against emerging and sophisticated cyber threats.

The introduction of ThirdWatch represents a significant evolution in cybersecurity strategy. The platform is designed to help organisations enhance their cyber resilience and protect their digital assets against the evolving threat landscape, providing a proactive defence mechanism against malicious actors.

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