Overview
Cybervergent is a comprehensive solution designed to enhance security, compliance, risk, and privacy management for organizations.
With both on-premises and cloud capabilities, it seamlessly integrates with third-party APIs, platforms, and systems.
Cybervergent helps with data protection and governance to ensure that organizations meet global regulations while maintaining operational efficiency.
The Challenge
A major financial institution relied on various third-party vendors for everything from payment processing to data analytics and customer service platforms. This introduced a massive attack surface and a high, persistent risk of regulatory non-compliance.
In the financial industry, the institution is held fully accountable for data breaches, even if they originate from a vendor. Under strict regulations like GDPR, PCI DSS, and NDPA, the firm was constantly at risk. A vendor's outdated security controls could directly lead to a multi-million dollar fine for the institution, not to mention the loss of customer trust.
The RPM Solution
The Cybervergent Platform's Risk Posture Management (RPM) solution was deployed to automate and centralize vendor risk management. The platform provides:
Automated vendor risk assessments, continuously monitoring vendor compliance against industry standards.
Detailed audit trails to meet strict regulatory obligations.
Proactive identification of vendors with outdated or non-compliant security controls.
The Results
By deploying Cybervergent RPM, the institution transformed its vendor governance. The automated, continuous monitoring provided real-time alerts on non-compliant vendors, allowing the risk team to engage before a breach occurred. The shift from a manual, reactive posture to an automated one allowed them to face auditors with confidence, providing detailed audit trails on demand. This streamlined the entire third-party audit process and secured their compliance, protecting customer trust and saving millions in potential regulatory fines.
