CyberScore
TPRM Rankings
TPRM Rankings
Evaluate and compare the cybersecurity maturity of your suppliers in the retail industry
View RankingsThird-party risk management is crucial in the retail sector where supply chains and numerous partnerships create significant attack surfaces.
Securing POS systems, payment terminals, and sales applications that process sensitive data.
PCI DSS compliance and protection of credit card information against data breaches.
Risk assessment of suppliers, distributors, and logistics partners in your ecosystem.
Protection of customer personal information and compliance with regulations (GDPR, etc.).
Comparison of major retail solution providers based on their cybersecurity maturity
| Rank | Company | CyberScore | Data Security | Access Management | Incident Response |
|---|---|---|---|---|---|
| 1 | Panorays | 94 | |||
| 2 | Rankiteo | 92 | |||
| 3 | Upguard | 87 | |||
| 4 | BitSight | 80 | |||
| 5 | RiskRecon | 75 | |||
| 6 | SecurityScoreCard | 68 |
These scores are based on our proprietary assessment methodology analyzing over 200 security controls.
Specific threats that retail businesses must address in their TPRM strategy
Attacks targeting payment terminals to steal customer payment card data.
Malicious software embedded in retail applications or management systems through the supply chain.
Attacks aimed at taking control of customer accounts to perform fraudulent purchases.
Security flaws in store Wi-Fi networks that can enable data interception.
Understanding the components in your retail software ecosystem to mitigate supply chain risks
A Software Bill of Materials (SBOM) is a formal, machine-readable inventory of software components and dependencies, information about those components, and their hierarchical relationships. SBOMs are becoming a critical requirement for retail organizations to identify and manage potential vulnerabilities in their software supply chain.
Retail systems often comprise complex software with numerous dependencies and third-party components. When security vulnerabilities like Log4j are discovered, SBOMs enable rapid identification of affected systems, helping to:
Software Package Data Exchange - An open standard for communicating software bill of material information
A lightweight SBOM standard designed specifically for application security contexts and supply chain component analysis
Vulnerability Exploitability eXchange - Provides additional context about whether a product is affected by a specific vulnerability
Update vendor contracts and security requirements to include provision of SBOMs for all software products
Create a standardized process to review SBOMs as part of vendor security assessments
Connect SBOM data with vulnerability scanning tools to automate risk identification
Implement processes to track changes in vendor SBOMs that might introduce new risks
Recommendations to improve your vendor risk management program
Implement a thorough vendor assessment process before any contractual engagement.
Include detailed security requirements and SLAs in all contracts with third parties.
Implement a program for ongoing monitoring of critical vendors' security posture.
Develop incident response plans specific to scenarios involving third-party vendors.
Contact us to obtain a personalized assessment of your Retail TPRM program