Case Study

MAX for Financial Services

MAX for Financial Services

An FTSE 100 financial services provider with a mature supplier management program needed a stronger way to understand and manage cyber risk across a large supplier ecosystem because its prior third-party monitoring tools were slow to respond, hard to interpret, and did not drive remediation, especially with mid-tier vendors. It adopted SecurityScorecard MAX as a managed supply chain detection and response service to onboard vendors, run quarterly assessments, continuously monitor emerging risks, and lead vendor outreach and issue resolution across 950+ suppliers, while customizing views with segregated portfolios and domain-level risk insights. In under six months, the firm reduced high and critical risk vendors from 19% to under 3%, achieved 70%+ vendor engagement, and freed internal team

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