TechValidate Research on CyberGRX

85 TechFacts – Page 2 of 3


CyberGRX Customer Statistic

73% of IT respondents feel CyberGRX Predictive Risk Profiles provide dynamic and immediate data on their third parties that they previously did not have with assessments alone.

CyberGRX Customer Statistic

78% of IT respondents feel CyberGRX is helping their organizations improve their third-party cyber risk management program through the ability to continuously monitor and analyze their third-party risk data beyond assessments and workflows.

CyberGRX Customer Testimonial

CyberGRX has become a critical piece for us to choose if we can work with a vendor or not.

IT Manager, Fortune 500 Consumer Products Company

CyberGRX Customer Testimonial

CyberGRX has simplified the process for conducting security assessments. It has saved time and makes the onboarding of new vendors faster.

Network Planning , Fortune 500 Consumer Products Company

CyberGRX Customer Testimonial

CyberGRX has condensed and streamlined our third-party cyber management program into a coherent baseline where we can start to measure risk with defined parameters.

Risk Manager, Global 500 Telecommunications Services Company

CyberGRX Customer Testimonial

CyberGRX has helped our security team reduce threats and verify that the architecture of our third party vendors is secure.

IT Analyst , Fortune 500 Consumer Products Company

CyberGRX Customer Testimonial

CyberGRX has moved our program from a volume-driven assessment program to a risk-based third-party program. We now have risk insight into 25% of our vendor population through the platform, a major improvement from the 5% we had before.

Kennde McCrumada, IT Risk Manager, The University of Southern California

CyberGRX Customer Testimonial

CyberGRX allows us to have insight into a very large number of vendors in our space. We simply would not have been able to staff the team to handle assessing risk for the number of vendors we have.

Director of Risk Management, Small Business Hospitality Company

CyberGRX Customer Testimonial

CyberGRX has helped us to manage risks in our critical third parties.

IT Analyst, Small Business Telecommunications Services Company

CyberGRX Customer Testimonial

Using CyberGRX has added efficiency and productivity to our Third Party Risk Management process. It allows for quicker review cadence and control assurance at scale.

Oz Caglar, IT Risk Manager, Great Southern Bank

CyberGRX Customer Testimonial

CyberGRX enables our Risk Management Team to get more involved in the vendor selection process. We can be proactive and ‘bake’ security into the selection process.

Security Architect, Small Business Energy & Utilities Company

CyberGRX Customer Testimonial

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

Alexander Varghese, IT Professional , Verizon Communications Inc.

CyberGRX Customer Testimonial

The Exchange model allowed us to run the program with a lot fewer resources than we otherwise would have needed.

Hubert Kirchgaessner, Chief Information Security Officer, Munich Reinsurance America, Inc.

CyberGRX Customer Satisfaction Rating

Miguel Pedroso, an IT Manager at CMS Rui Pena, Arnaut & Associados, would be very likely to recommend CyberGRX for this reason:

Very comprehensive analysis, quality and reassuring information.

CyberGRX Customer Fact

A medium enterprise healthcare company said that the CyberGRX Framework Mapper feature has been extremely important (critical) in allowing them to respond to their customers’ varied requests.

CyberGRX Customer Statistic

Prior to using CyberGRX, 64% of surveyed IT organizations experienced challenges around needing too much time to address customer follow up questions or requests post-assessment share.

64%

CyberGRX Customer Statistic

90% of surveyed IT organizations use CyberGRX for completing self-assessments requested by a customer.

90%

CyberGRX Customer Testimonial

It has become the single point of reference for our cybersecurity posture.

Narayanan Subramanian, Compliance Officer, dMACQ Software Pvt. Ltd.

CyberGRX Customer Testimonial

CyberGRX definitely compliments our risk profiling vis-a-vis customer bespoke assessments, often saving considerable time in answering them.

Costa Flocas, Compliance Officer, Interworks SA

CyberGRX Customer Testimonial

More than 70% of the time, I am able to use CyberGRX vs. completing a customers proprietary assessment.

Operations Director, Medium Enterprise Insurance Company

CyberGRX Customer Testimonial

CyberGRX helps us provide the additional assurance needed to ensure continuous adherence to the high level of security standards and procedures our clients have come to expect.

Security Assurance Manager, Global 500 Professional Services Company

CyberGRX Customer Statistic

60% of IT organizations agreed with the following statement:

“CyberGRX has enabled us to share our security assessment data with any customer to reduce time spent on assessment requests resulting in faster deal flow and higher confidence in our risk posture from our customers.”

CyberGRX Customer Statistic

63% of surveyed IT organizations plan to share CyberGRX assessment data with more customers in the next 6-12 months.

63%

CyberGRX Customer Fact

Hall & Wilcox Lawyers said that the CyberGRX Framework Mapper feature has been very important in allowing them to respond to their customers’ varied requests.

CyberGRX Customer Statistic

Challenges with cyber risk assessments

Prior to using CyberGRX, the biggest challenge for 75% of surveyed IT organizations was spending too much time completing bespoke assessments.

75%

CyberGRX Customer Satisfaction Rating

A Business Project Manager at a medium enterprise computer software company would be very likely to recommend CyberGRX for this reason:

CyberGRX makes it easy to share the company’s global enterprise stance on cybersecurity and risk with our customers.

CyberGRX Customer Satisfaction Rating

A Business Director at a medium enterprise financial services company would be very likely to recommend CyberGRX for this reason:

CyberGRX is simple to engage with and reduces the time spent completing bespoke questionnaires.

CyberGRX Customer Satisfaction Rating

Business Operations at a medium enterprise computer software company would be very likely to recommend CyberGRX for this reason:

I use CyberGRX to release our assessment to our customers. Whenever I’ve had a question, the CyberGRX support has been super responsive. Also, the process to release the assessment is really simple.

CyberGRX Customer Satisfaction Rating

Mario Prado, an IT Manager at Fiorde Assessoria e Despachos LTDA, would be very likely to recommend CyberGRX for this reason:

CyberGRX has a great security ranking and analysis system, allowing us to better understand our security maturity and propose improvements.

CyberGRX Customer Satisfaction Rating

An Operations Director at a medium enterprise insurance company would be very likely to recommend CyberGRX for this reason:

The CyberGRX Exchange addresses the desperate need to standardize assessments and risks.




More Research on CyberGRX