Financial services– investment firms and financial institutions– are the second-most targeted industry by cybercriminals. We’ll help you identify and mitigate your third-party risks so you can confidently protect your crown jewels and your brand reputation.
71% of all data breaches are financially motivated.
Cybercriminals follow the money, and financial institutions are one of their favorite targets. Even with your best security measures in place, hackers find ways to exploit your vulnerabilities through third-party vendors. With CyberGRX, you'll uncover your third-party security gaps and gain the confidence to make quicker vendor decisions while shielding your company from the hidden threats your third parties pose.
A consistent, seamless, and secure customer experience is critical to our success.
Proactively identify and evaluate your risks across your portfolio with Portfolio Risk Findings plus a suite of Threat Tools. Continuously monitor your third parties, including automated alerts when a third party’s security posture changes.
No more guessing; CyberGRX helps pinpoint your riskiest vendors and provides near real-time data to guide your risk decisions so you can protect your organization more effectively.
New suppliers and vendors are coming in faster than can be adequately vetted.
Make initial decisions immediately based on how a vendor is predicted to answer assessment questions with up to 91% accuracy. Expediting approvals helps to restore internal relationships, gain the support of stakeholders, and be seen as a business accelerator vs. a bottleneck.
Verifying vendor compliance is cumbersome.
With CyberGRX, you’ll be able to quickly verify compliance and identify statutory and industry-specific regulatory gaps– which vendors do not meet your standards, and common unmet controls across your entire portfolio.
No more cross-referencing assessment answers; use Framework Mapper to view the compliance status of a single third party, or Portfolio Risk Findings, to view compliance across your entire portfolio.
Completing assessments is a manual, time-consuming process, delaying deal closure.
Complete a CyberGRX standardized assessment questionnaire once, then share it infinitely and instantaneously with prospective customers.
Data shows 70% of prospects accept a CyberGRX assessment, eliminating the need to complete a lengthy and redundant survey so deals move through procurement faster.
COMMON CHALLENGES FOR FINANCIAL SERVICES
HOW CYBERGRX SOLVES
Proactively identify and evaluate your risks across your portfolio with Portfolio Risk Findings plus a suite of Threat Tools. Continuously monitor your third parties, including automated alerts when a third party’s security posture changes.
No more guessing; CyberGRX helps pinpoint your riskiest vendors and provides near real-time data to guide your risk decisions so you can protect your organization more effectively.
Make initial decisions immediately based on how a vendor is predicted to answer assessment questions with up to 91% accuracy. Expediting approvals helps to restore internal relationships, gain the support of stakeholders, and be seen as a business accelerator vs. a bottleneck.
With CyberGRX, you’ll be able to quickly verify compliance and identify statutory and industry-specific regulatory gaps– which vendors do not meet your standards, and common unmet controls across your entire portfolio.
No more cross-referencing assessment answers; use Framework Mapper to view the compliance status of a single third party, or Portfolio Risk Findings, to view compliance across your entire portfolio.
Complete a CyberGRX standardized assessment questionnaire once, then share it infinitely and instantaneously with prospective customers.
Data shows 70% of prospects accept a CyberGRX assessment, eliminating the need to complete a lengthy and redundant survey so deals move through procurement faster.
91% of our customers rate CyberGRX as important to their third-party risk management program.
Trusted by leading financial services organizations around the world:
CyberGRX has added efficiency and productivity to our third-party risk management process, allowing for quicker reviews and control assurance at scale .
Oz CaglerIT RISK MANAGERGREAT SOUTHERN BANK
CyberGRX is simple to engage with and has reduced the time we spend completing bespoke questionnaires.
BUSINESS DIRECTORENTERPRISE FINANCIAL SERVICES COMPANY
See how to leverage cyber risk intelligence to outsmart the bad actors.
Rising Threats & Risk Management Challenges Impacting the Financial Services Industry
Nearly 20% of all cyberattacks target the financial and insurance industries. Delve into the costly impact and how to overcome common cyber risk management challenges.
Inside the Breach: Understanding Patterns & Ploys to Improve Data Breach Prevention
Insurance and financial services companies are lucrative targets for hackers. Learn from iconic data breach examples to improve your data breach prevention strategies.
Why Ignoring TPRM is Increasing Your Organization's Cyber Risk
Ignoring TPRM is not an option in today's digital landscape; failure to prioritize third-party cyber risk management puts your entire organization at risk– learn how.
The State of Cyber Risk Management in the Financial Sector [Infographic]
Gain insight into the state of cyber risk management in the financial services sector with this visual snapshot, including key industry stats and challenges.
Nth Party Relationships and Supply Chain Risk Management
The growth of nth-party relationships reveals our interconnectedness, dependencies, and why supply chain risk management is essential. See how to manage your risks.
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