Citalid, a leading cyber risk quantification (CRQ) platform announces the launch of its Third Party Risk Management (TPRM) module.
The new module enables CISOs, Risk Managers, and Procurement teams to visualize, prioritize, and act on supplier-related cyber risks using data-driven threat intelligence.
A strategic capability for resilience and compliance
Digital ecosystems are expanding, but visibility into supplier exposure remains limited. Citalid’s TPRM module addresses this gap by integrating Cyber Threat Intelligence (CTI), quantitative risk modeling, and AI, giving organizations a 360-degree view of third-party risk.
“Our TPRM module finally gives CISOs a comprehensive view of all their third parties, enabling them to focus on those that pose the greatest risk,” said Maxime Cartan, Co-founder and CEO of Citalid. “This connection between high-level visibility and granular risk modeling has been missing from today’s TPRM market.“
Integrated and actionable risk insights
Building on Citalid Core (First-Party Risk Analysis) and Citalid Portfolio (for insurers and financial institutions), the TPRM module allows organizations to:
- Map cyber risks across their supply chain with dynamic visualization.
- Tier and prioritize critical suppliers based on their risk profile and operational importance.
- Act on CTI-enriched, contextualized data — without relying only on self-declared questionnaires.
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A generative-AI document analysis feature speeds up information gathering and simplifies initial supplier assessments.
“AI saves valuable time in document analysis while keeping final decisions with the teams. It is a powerful autonomy and efficiency driver for CISOs and procurement departments ” added Olivier Hamon, CTPO of Citalid.
Proven results from early deployments
During a pilot with a major European banking group, Citalid’s TPRM module revealed significant discrepancies between perceived and actual supplier risk:
- 61 % of suppliers showed higher real exposure than their self-assessments.
- 71 % had below-average cyber maturity.
Source: PRNewswire