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Risk Ledger Reviews & Product Details - Page 2

Risk Ledger Overview

What is Risk Ledger?

Risk Ledger is a cybersecurity and risk management platform designed to help organisations securely share risk data with their supply chains. This solution addresses the pressing need for businesses to effectively identify, assess, and manage third-party risks while ensuring compliance with various industry standards. By streamlining the risk management process, Risk Ledger empowers organisations to maintain operational integrity and safeguard sensitive information. Aimed at organisations with complex supplier networks, Risk Ledger offers a centralised system for conducting comprehensive risk assessments and sharing vital data. Sectors such as finance, healthcare, and manufacturing benefit greatly from the platform's insights into third-party vendor risk profiles. These insights help businesses bolster operational resilience and protect against potential breaches or vulnerabilities from supply chain partners. Risk Ledger’s customisable risk assessment tool allows organisations to tailor evaluations to their specific needs, meeting various regulatory requirements. The platform’s collaborative network enables real-time communication and data sharing, ensuring all stakeholders remain informed and engaged. This approach enhances the effectiveness of risk assessments and promotes transparency. One major advantage of Risk Ledger is its ability to improve supply chain transparency and accountability. By providing a shared platform for risk data, organisations can build trust and foster collaboration with their partners, leading to more informed and proactive decision-making. The platform’s strong focus on compliance also helps organisations meet regulatory obligations, reducing the risk of penalties and strengthening their reputation. Risk Ledger is an essential tool for navigating the complexities of third-party risk management. Its combination of collaborative features and robust assessment capabilities makes it a valuable asset for businesses aiming to enhance their cybersecurity measures and mitigate supply chain risks, creating a more secure and resilient operational framework.

Risk Ledger Details
Product Website
Languages Supported
English
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Product Description

The Risk Ledger platform gives organisations of all sizes the tools to identify, measure and mitigate third, fourth, and fifth-party risks at scale and speed for a low per-supplier cost. Our unique secure network model allows every organisation to both run a third party risk management programme and respond to client risk assessments, facilitating a network of trust relationships between organisations on the platform.

How do you position yourself against your competitors?

Risk Ledger sets itself apart with its collaborative approach to third-party risk management. Unlike traditional platforms focused solely on assessments, Risk Ledger creates an interconnected network where organisations and suppliers can securely share and update risk data, fostering transparency, trust, and collaboration.

Its key differentiators include a user-friendly platform that supports customisable risk assessments tailored to specific business and regulatory needs. The emerging threats feature offers real-time visibility into potential risks affecting supply chain partners, allowing proactive responses.

Risk Ledger’s ease of use, pre-populated answers for quicker reviews, and comprehensive customer support streamline the risk management process and reduce administrative effort. This combination of practical tools and a collaborative ecosystem helps organisations strengthen their security posture more effectively.

By focusing on both compliance and fostering partnerships within the supply chain, Risk Ledger goes beyond being just a tool, positioning itself as a valuable ally in managing third-party risks.


Seller Details
Company Website
Year Founded
2018
HQ Location
London, GB
Twitter
@RiskLedger
647 Twitter followers
LinkedIn® Page
www.linkedin.com
58 employees on LinkedIn®
Description

Traditional risk assessment processes are a paper shield against cyber attacks. Risk Ledger removes the burden of inefficient, ineffective admin, so organisations can do more of what matters.


Tom B.
TB
Overview Provided by:

Recent Risk Ledger Reviews

Verified User
A
Verified UserEnterprise (> 1000 emp.)
5.0 out of 5
"Supply Chain Management"
The ability to quickly see what risks each of our critical supplies poses is invaluable. Getting responses about emerging threats and how our main ...
Mark C.
MC
Mark C.Small-Business (50 or fewer emp.)
2.5 out of 5
"No consideration for smaller companies."
I like the idea in the way I like the idea of CHAS, Achilles, etc. The idea to make it easier to work with clients and not be required to go throug...
DM
Dan M.Enterprise (> 1000 emp.)
5.0 out of 5
"Great product, fantastic onboarding experience!"
Risk Ledger has helped us move away from time-consuming, manual risk assessments and supplier due diligence. We recently onboarded with Risk Ledge...
Security Badge
This seller hasn't added their security information yet. Let them know that you'd like them to add it.
0 people requested security information

Risk Ledger Media

Risk Ledger Demo - Risk Ledger Main Dashboard
See real time data on the security of all your suppliers
Risk Ledger Demo - Concentration Risk Visualisation
Understand your 4th, 5th and 6th parties - spot potential concentration risks and vulnerabilities
Risk Ledger Demo - Risk Ledger Emerging Threats Dashboard
When a new threat appears (Eg: Log4j) all your suppliers will need to report back if this affects them and if so, what they are doing to protect themselves and by extension - you.
Risk Ledger Demo - Individual Supplier Review
Get granular insights into the security of your supplier. See how compliant they are in certain aspects of the framework
Risk Ledger Demo - Risk Ledger Compliance Table
See how compliant each of your suppliers is. Manage all the policies that are important to you
Play Risk Ledger Video

Official Downloads

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Have you used Risk Ledger before?
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102 Risk Ledger Reviews

4.3 out of 5
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102 Risk Ledger Reviews
4.3 out of 5
102 Risk Ledger Reviews
4.3 out of 5

Risk Ledger Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for Risk LedgerQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Mark C.
MC
Director
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Risk Ledger?

I like the idea in the way I like the idea of CHAS, Achilles, etc. The idea to make it easier to work with clients and not be required to go through all of their checks. Review collected by and hosted on G2.com.

What do you dislike about Risk Ledger?

There NEEDS to be consideration given to smaller companies. CHAS, Achilles etc are all the same. Small companies do not have the time, people and resources to spend time populating website after website, all asking for the same information, most of which are not relevant to small companies. Review collected by and hosted on G2.com.

What problems is Risk Ledger solving and how is that benefiting you?

It's not. A client asks for it, we do it. Review collected by and hosted on G2.com.

Vincent L.
VL
Information Assurance Manager
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Risk Ledger?

The concept is an excellent take on how social media has become such a big aspect of personal life and business relationships. Review collected by and hosted on G2.com.

What do you dislike about Risk Ledger?

The ability to detect threats before they happen is probably an impossible mission at the moment with limitations of technology and barriers (for example: legal) but it would be great to get to a point where threats are detected, reported and logged before the media exposes these details to effectively produce an appropriate response. Review collected by and hosted on G2.com.

What problems is Risk Ledger solving and how is that benefiting you?

An overview of our current supplier list, community pressure and capturing evidence are all benefits to using the system. It can assist with reducing pressure on our resources where chasing for documentation and answers to certain questions of topics such as E.S.G and security can lead to staff being tied down, drawing them away from other commitments. Review collected by and hosted on G2.com.

DJ
Bid Manager
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Risk Ledger?

Comprehensive system for recording and sharing relevant security information with clients, etc. Easy to use and understand, I was quickly able to find the information I needed. Review collected by and hosted on G2.com.

What do you dislike about Risk Ledger?

At this stage I have not encountered any downsides Review collected by and hosted on G2.com.

What problems is Risk Ledger solving and how is that benefiting you?

Management of security information and a "one stop" source for up to date security information to use when responding to queries from clients or potential clients Review collected by and hosted on G2.com.

Response from Tom Baker of Risk Ledger

Thanks for your review, David! Great to hear you’re finding Risk Ledger comprehensive and easy to use. If you ever do come across any areas for improvement, we’d love to hear your thoughts!

Verified User in Government Administration
AG
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Risk Ledger?

The ability to quickly see what risks each of our critical supplies poses is invaluable. Getting responses about emerging threats and how our main suppliers are dealing with issues is also great.

Supply Chain Management is a key element of Home Office and Government frameworks and RIsk Ledger is really a game changer for us. Review collected by and hosted on G2.com.

What do you dislike about Risk Ledger?

Some suppliers have been a little reluctant to provide some details. Review collected by and hosted on G2.com.

What problems is Risk Ledger solving and how is that benefiting you?

Our ability to actively monitor our critical suppliers Review collected by and hosted on G2.com.

Verified User in Information Technology and Services
UI
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Risk Ledger?

- Operates smoothly and reliably.

- Clear formulation of questions and requirements Review collected by and hosted on G2.com.

What do you dislike about Risk Ledger?

As a supplier who had to undergo a comprehensive procurement prequalification and signed up to a detailled and onerous SLA, having to complete the Risk Ledger AFTER contract award is a big imposition. Many of the questions asked replicate what had already been asked during the tender process, yet still required careful rephrasing, yet more detail etc.

The second reproach is that ISO 27001 already covers large sections of what is asked in RL, which begs the question why a supplier is forced to do everything twice. Review collected by and hosted on G2.com.

What problems is Risk Ledger solving and how is that benefiting you?

It is possibly solving my customer's problem but it is not benefitting my company. Review collected by and hosted on G2.com.

AL
Group Head of Compliance
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Risk Ledger?

As a contractor completing forms on Risk Ledger, I’ve found the platform straightforward to use. It’s easy to input the required information, and the layout is intuitive, so I didn’t have much trouble navigating the system. The clear prompts help ensure I provide the correct details, which makes the whole process smoother.

However, some of the forms can be quite detailed, and it can take a while to fill everything out, especially if multiple compliance areas are involved. Overall, it’s a helpful platform that makes submitting risk information easier, though it can be time-consuming depending on the complexity of the requirements. Review collected by and hosted on G2.com.

What do you dislike about Risk Ledger?

Straightforward to use, simple GUI and the data is clear. Review collected by and hosted on G2.com.

What problems is Risk Ledger solving and how is that benefiting you?

It is helping us tender accross multiple customers with one platform. Review collected by and hosted on G2.com.

Response from Tom Baker of Risk Ledger

Thank you, we appreciate your detailed feedback! We’re glad to hear that you find Risk Ledger straightforward to use, with an intuitive layout and helpful prompts that make form completion smoother. We understand that some forms can be detailed and time-consuming, especially when dealing with multiple compliance areas. Your note on this is appreciated as we strive to balance thoroughness with efficiency. It's great to know Risk Ledger is supporting your efforts to tender across multiple customers using a single platform.

DG
Divisional Information Security Officer
Media Production
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Risk Ledger?

After on-baording , the system is fairly simple to use, adding suppliers is fairly straight forward. Review collected by and hosted on G2.com.

What do you dislike about Risk Ledger?

Getting suppliers to participate can be tricky, some have refused. Even though it's no cost to the suppliers Review collected by and hosted on G2.com.

What problems is Risk Ledger solving and how is that benefiting you?

Third Party Risk assesmenst - they messure their security posture against our policys to give a risk rating or % compliant. Review collected by and hosted on G2.com.

Verified User in Airlines/Aviation
AA
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Risk Ledger?

The Risk Ledger Platform is easy to use. The support we've recieved from our account manager has been really helpful to ensure good implementation. I really like the emerging threats feature as it allows us to easily monitor if any of suppliers have been affected by the threat. Review collected by and hosted on G2.com.

What do you dislike about Risk Ledger?

It would be useful to have the ability to change or adapt some of the assessment questions to cater to some of your organisational needs. Review collected by and hosted on G2.com.

What problems is Risk Ledger solving and how is that benefiting you?

Performing due diligence and security evaluations on suppliers is a regulatory necessity that enables our organisation to verify supplier compliance and effectively manage risks. Review collected by and hosted on G2.com.

Response from Tom Baker of Risk Ledger

Thank you for your feedback! We’re glad to hear you find our platform user-friendly and appreciate our support and emerging threats feature. We’re always looking to improve, so your suggestion about customisable assessment questions is valuable to us. Thanks again for being a customer, sharing your thoughts and helping us build on the platform.

MP
IT Security Analyst
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Risk Ledger?

Risk Ledger is easy to use and is intuative. The supplier risk map is great for supply chain visualisation, as well as the emergin threat section, especially with the coverage of the MS/Crowstrike global issues, the team were so fast in getting this deployed on the same day and allowed us to start tracking supplier responses very quickly. Review collected by and hosted on G2.com.

What do you dislike about Risk Ledger?

Downsides are possibly the length of time it may take suppliers to complete the assessment. One size fits all assessment. Review collected by and hosted on G2.com.

What problems is Risk Ledger solving and how is that benefiting you?

It's help us with not haven't to employ a nother member of staff to work on sending these assessments out and keep on top of the ongoing reassessments and reminders as the platform does the chasing. Review collected by and hosted on G2.com.

Response from Tom Baker of Risk Ledger

Thank you for your detailed feedback! We’re thrilled to hear that you find Risk Ledger easy to use and intuitive, and that the supplier risk map and emerging threat section have been helpful – especially with the fast deployment of MS/Crowdstrike updates! We understand that the length of time for suppliers to complete the assessment can be a concern, and we appreciate your input on the "one size fits all" approach. It’s great to know that Risk Ledger is helping streamline your process and save you from having to hire additional staff to manage assessments and reminders.

Verified User in Hospital & Health Care
UH
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Risk Ledger?

The ability to provide interested parties with a link to access your Risk Ledger profile reduces the amount of time spent due diligence questionnaires. The Risk Ledger platform is easy to implement and includes a number of features to improve efficiency when monitoring suppplier compliance, including a dashboard that is clear and intuitive to use. Customer support is excellent throughout the onboarding process and beyond. Review collected by and hosted on G2.com.

What do you dislike about Risk Ledger?

Suppliers can be reluctant to repeat the assessment on a 6-monthly basis. Review collected by and hosted on G2.com.

What problems is Risk Ledger solving and how is that benefiting you?

The main reason for introducing Risk Ledger was to help with third party risk mananagement, providing us with a standardised questionnaire for our suppliers to complete and inform us about their information security profile. Similarly, having completed the assessment ourselves, this has reduced the amount of time spent completing separate due diligence questionnaires from other organisations. Review collected by and hosted on G2.com.

Response from Tom Baker of Risk Ledger

Thank you for your detailed review! We’re thrilled that our platform’s ease of use, clear dashboard, and supportive onboarding have made a positive impact. Your feedback on supplier reluctance for 6 monthly reviews is noted, and we’re committed to finding ways to improve this. We’re glad Risk Ledger has streamlined your third-party risk management and reduced your due diligence workload!