CyberGRX Verizon Communications Inc.

CyberGRX Case Study

Verizon Communications Inc.

This case study of Verizon Communications Inc. is based on an August 2022 survey of CyberGRX customers by TechValidate, a 3rd-party research service.

“CyberGRX Predictive Risk Profiles provide me dynamic and immediate data on my third parties that I previously did not have with assessments alone.”

“The reason why I like CyberGRX is because it removes the use of spreadsheets and manual information security reviews.”

What were the key pain points experienced prior to using CyberGRX:

What do you use CyberGRX for?

Assessing third-party vendors as part of the procurement process (vetting and onboarding)

Said that CyberGRX Predictive Risk Profiles are “used frequently by me and or/my team in conjunction with self-attested assessments.”

The surveyed company achieved the following results with CyberGRX:

Realized a return on their investment with CyberGRX within the first 6 months.
Compared to other tools, how would you rate the following features of CyberGRX:
- Auto-Inherent Risk Ratings: Significantly Better
- Predictive Risk Profiles: Better
- Framework Mapper: Better
- Threat Profiles: Better
Said that due to the Exchange model and Predictive Risk Profiles that CyberGRX provides, “I have visibility to data on more than 50% of my third parties under management.”
Reported that the CyberGRX platform is very important to their overall third-party cyber risk management program.