Chiba Bank Improves Supply Chain Security with Assured

Chiba Bank has adopted Assured’s corporate security assessment platform to strengthen cybersecurity risk management across its network of business partners. The platform offers independent expert-led security evaluations, which help the bank figure out third party cyber risks, while also cutting down the time and work that goes into keeping internal review processes going.

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This shift also seems driven by rising pressure on financial institutions to tighten supply chain security, as cyber threats keep getting more sophisticated and the regulatory expectations continue to change. Rather than doing a onetime check, the platform continuously refreshes the security evaluations as new threats show up, so the organization gets a more up to date sense of vendor risk. And by leaning on standardized third party assessments Chiba Bank wants to boost operational efficiency, strengthen its risk oversight, and build a more resilient supply chain over all.