How does digital risk protection contribute to securing digital procurement processes?

Digital risk protection enhances the security of digital procurement processes by constantly monitoring a wide range of sources for potential threats, such as leaked credentials, fake domains, or compromised vendor accounts. By continuously scanning the digital environment, digital risk protection solutions can detect early signs of fraud or supply chain attacks, enabling organizations to take proactive measures to mitigate risks and protect their procurement processes. Additionally, these solutions often provide real-time alerts and intelligence, allowing procurement teams to quickly respond to and prevent potential threats before they escalate into more significant security incidents.