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Prevalent CIS Top 20 Case Studies

Read examples of customers that utilized Prevalent to meet the third-party risk management requirements of the CIS Top 20 security controls.

Prevalent Case Study

Large Enterprise Retail Company

Introduction

This case study of a large enterprise retail company is based on an October 2019 survey of Prevalent customers by TechValidate, a 3rd-party research service. The profiled company asked to have their name blinded to protect their confidentiality.

Challenges

The business challenges that led the profiled company to evaluate and ultimately select Prevalent:

Top driver for purchasing their Prevalent third-party risk management solution:
- Reduce operational burden (the process of assessing and evaluating vendors took too much time and resources)
Challenges that deploying Prevalent solved for their organization:
- A lack of automation in collecting and analyzing vendor surveys
- Having no centralization of TPRM functions
- An inconsistent methodology for vendor risk management
Vendors evaluated before choosing Prevalent:
- OneTrust
- Riskonnect

Use Case

Regulations or industry frameworks they must regularly report against:
- GDPR
- PCI
- CIS CSC Top 20
Looking to grow the number of vendors they assess in the next 12 months by 0-10%.

Results

The surveyed company achieved the following results with Prevalent:

The following Prevalent capabilities in terms of how differentiated they are compared to the competition:
- Breadth of available surveys: differentiated
- Centralized document/evidence management: differentiated
- Create tasks, flags, and risks based on results of assessment responses in risk register: differentiated
- Identify key controls and apply reporting to the most critical relevant risks: differentiated
- In-solution communication with suppliers on remediating risks: differentiated
- Map results to regulatory and industry frameworks like ISO, NIST, GDPR, CoBiT 5, SSAE 18, SIG, SIG Lite, NYDFS for reporting purposes: differentiated
- Identify and visualize relationships between entities to demonstrate dependencies and flows of information: differentiated
- User dashboard of tasks, schedules, risk activities, survey completion status, agreements, and documents: differentiated

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