One effect of increasing globalization is that more organizations now depend on multi-tiered supply chains. That can increase potential risks, both because organizations now find themselves reliant on more third parties than before and also because some of those third parties may operate so far down the chain as to be almost invisible. One way to spot potential risks is to use automated due diligence and social media monitoring tools to analyze publicly available data, which can shed light on possible vulnerabilities, including some that historically may have been overlooked.

Source: Wall Street Journal March 27, 2017 17:15 UTC