Crowdstrike Outage: Ensuring Operational Resilience
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Jul 30, 2024
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Ensuring Operational Resilience: The Critical Need for Comprehensive Vendor Visibility and Continuous Monitoring
The CrowdStrike crisis underscores the importance of proactively knowing not just your critical vendors, but also their vendors (3rd, 4th, N’th parties) to ensure business stability and resiliency. Understanding your entire vendor ecosystem and its interdependencies allows for the anticipation of potential disruptions and quick identification of affected vendors, saving valuable time. Continuous monitoring and tagging of suppliers enhance risk management by identifying and mitigating vulnerabilities before competitors do.
Extended visibility into the supply chain helps mitigate issues, minimize delays, and improve contingency planning. This approach aligns with global regulatory measures like Operational Resilience and the EU's Digital Operational Resilience Act (DORA), emphasizing the need for comprehensive supply chain visibility.