WhiteHawk Limited announced that after an initial 12-month contract period, the global social media company, one of WhiteHawk's larger clients (by market value) has confirmed its renewal of its Cyber and Business Risk monitoring for a further 12 months, commencing 1 January 2023. The renewal represents new revenues of USD 825,000 with further options to extend beyond the current number of vendors/suppliers. SaaS Solution includes automated Cyber and Business Risk monitoring, prioritization and mitigation over the next 12 months, enabling comprehensive vetting, monitoring, identifying, prioritizing and addressing a breadth of business and cyber risks, across a portfolio of 300 suppliers, vendors and partners.

The Cyber Risk Radar subscription includes: Continuous risk monitoring and comprehensive reporting on specified suppliers to include Cyber Risk Scorecards and Business Risk Reports that note and summarize risk findings, areas of focus, and applicable solution options; One-time Cyber and Business Risk Assessments on specified supplier(s) to include Cyber Risk Scorecards and Financial Risk Reports for vetting of vendors that summarize risk findings, areas of focus, and applicable solution options, delivered in short order for effective vetting of or annual reporting on vendors; All insights are delivered via a cloud-based Vendor Risk Management Dashboard, a comprehensive and access-controlled SaaS dashboard for ease of mapping to regulations, policies and for the tracking and managing of suppliers' Cyber and Business Risk Performance, Reporting and Mitigation tasks and status.