ProcessUnity
How Blackstone Assessed 3x More Vendors Than Before: Interactive Case Study
Summary
Blackstone leveraged CyberGRX's platform to significantly enhance their third-party cyber risk management, enabling them to assess three times more vendors and prioritize resource allocation towards c...
Value Drivers
Challenges
- The original third-party risk management program was inefficient, using spreadsheets and phone calls
- Lack of real-time visibility into operations
- Difficulty in scaling current infrastructure
2 more challenges available
Solutions
- Implemented CyberGRX's platform for third-party risk management
- Deployed real-time monitoring and analytics platform
- Migrated to cloud-based scalable infrastructure
2 more solutions available
Outcomes
- Assessed three times more vendors in the first year with CyberGRX
- Achieved 24/7 real-time visibility and monitoring
- Successfully scaled operations to support 3x growth
2 more outcomes available
Products
Software
CyberGRX Platform
A platform for third-party cyber risk management.
Target Organization
Blackstone
Description: One of the world’s leading investment firms focused on creating positive economic impact and long-term value.
Industry:Investment, Financial Services