Challenge
- Spent a lot and had many tools for Risk Management.
- Not satisfied with the overall risk reduction and support.
- Lack of framework and no integrated view of the security posture.
- Increased redundancies due to disjointed risk compliance management procedures and policies management.
Solution
- A risk management program with ComplyScore platform and managed services which streamlined the entire vendor’s risk life cycle management.
- Solution customized to Beacon Health options unique business needs, it being a behavioral health company.
- End-to-end Vendor Risk Assessment as Managed Services.
Results
- We streamlined the entire risk management program. The customer was able to conduct a gap analysis against ISO 270001 standards.
- We added missing controls and link controls to regulatory requirements to get a quick view of compliance standards.
- Increased savings, faster onboarding of vendors with Managed Services
