Consulting Firm
Case Study
FINANCIAL SERVICES
ISSUE: Needed Fact-Based Evidence for Auditors, Proof of Real-Time Vulnerability Management Program.
SOLUTION: UncommonX Exposure Management platform provided real-time vulnerability reports, simplifying audit compliance and Vulnerability Management.
TAKEAWAY: UncommonX enables multiple teams to access real-time data, making it easier to manage vulnerabilities and meet compliance requirements for audits.
Challenge:
A financial services firm lacked a fully implemented Vulnerability Management program and faced mounting stress in preparing for an audit. They were concerned about providing accurate, real-time evidence of how vulnerabilities were being identified, prioritized, and addressed. Their existing systems made tracking and reporting difficult, creating anxiety about how to efficiently meet auditor requirements and demonstrate compliance.
Solution:
UncommonX deployed its Exposure Management platform, which provided complete visibility into the firm's network and real-time access to system data. Our MDR for Financial Services solution organized the firm’s assets by location, device type, and risk score. Our technology streamlined the collection and reporting of vulnerabilities, allowing auditors to easily see compliance data. Vulnerabilities were tracked by severity, and reports were quickly exported for audit preparation. The platform also enabled the firm to assign ownership of remediation tasks and provided Relative Risk Ratings (R3) for prioritizing risk.
Results:
The UncommonX Exposure Management platform provided the firm with real-time evidence of vulnerability management to auditors, significantly reducing audit preparation time. The alerting functions and tracking system allowed for the fast delivery of fact-based reports, ensuring compliance. The firm achieved real-time visibility into the status of vulnerabilities and ensured ownership of remediation tasks, all while maintaining updated compliance records.