TechValidate Research on CyberGRX


CyberGRX Case Study

Colgate Palmolive Company

Introduction

This case study of Colgate Palmolive Company is based on a November 2021 survey of CyberGRX customers by TechValidate, a 3rd-party research service.

“The data CyberGRX provides me regarding my third-parties helps me make faster, smarter decisions than having only assessments. Their Exchange is a modern approach to third-party cyber risk management that sees beyond assessments and workflows.”

Challenges

Colgate Palmolive Company was experiencing that completed assessments took too long to receive. This challenge led them to evaluate and ultimately select CyberGRX.

Use Case

The surveyed company uses CyberGRX’s features and functionalities to assess third-party cyber risk as part of the security process.

Results

The surveyed company achieved the following results with CyberGRX:

  • Realized a return on their investment in CyberGRX immediately.
  • They said CyberGRX improved their ability to make informed decisions regarding third-party cyber risks by 51-75%.

They rated the following features of CyberGRX as better to significantly better than competing tools.

  • Third Party Assessment
  • Auto-Inherent Risk Ratings
  • Framework Mapper
  • Threat Profiles
  • Third-Party Threat Intelligence Score

CyberGRX has been essential in improving the surveyed company’s cybersecurity posture. They agree that CyberGRX’s threat profiles are:

  • Integral to their day-to-day operations
  • Used frequently by their team




About This Data

This data was sourced directly from verified users of CyberGRX by TechValidate.

TechValidate verifies the identity and organizational affiliation of all participants that contribute to published research data. When research participants so desire, we also guarantee their anonymity so that they may share information honestly and freely.


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