Accenture invests in Tenchi Security to help organizations manage supply chain security risks

Accenture has made a strategic investment through Accenture Ventures, in Tenchi Security, a third-party cyber-risk management company.

Accenture will leverage Tenchi’s SaaS platform as a new component of its managed security services offering to help organizations reduce cyber-risks across its supply chain. Based in São Paulo, Brazil, Tenchi Security’s SaaS platform gives organizations better visibility into their supply chains risks by continuously monitoring relationships with suppliers. Tenchi’s approach provides a holistic view of an organization’s cyber-risk profile through a comprehensive risk assessment.

“Supply chain security attacks are happening all too often when security is not embedded at the core of the business and across suppliers,” said Paolo Dal Cin, Global Lead of Accenture Security. “This is particularly concerning when more than half of executives say their organizations have an insufficient understanding of cyber vulnerabilities in their supply chain. To address this issue, Tenchi and Accenture will offer organizations a complete supply chain risk management security solution that will allow them to identify cyber-risks faster and assist in addressing cyberthreats.”

Felipe Boucas, CEO of Tenchi, said: “With Accenture’s deep experience in managed security services, we will help organizations build trust between their business, suppliers and partners, while offering ways to improve upon their cybersecurity and the cyberhygiene of the ecosystem as a whole.”