Case Study: Carvana achieves 40% lower breach likelihood and 25% reduced cyber insurance premiums with Balbix

Driving Cyber Resilience Up, Insurance Down

Carvana, the online automotive retailer, struggled with fragmented security visibility—relying on multiple agents and scanners with no single source of truth—and needed a way to prioritize vulnerabilities and communicate cyber risk to non-technical stakeholders. To address this, Carvana selected Balbix and its AI-driven cyber risk quantification platform.

Balbix consolidated and normalized Carvana’s asset, vulnerability, and threat data, applied generative AI and machine learning to quantify and dollarize risk, and prioritized remediation so teams could rapidly address critical issues. The deployment reduced breach likelihood by 40% in nine months, allowed Carvana to decommission its legacy vulnerability scanner and cut operational overhead, lowered cyber insurance premiums by 25% while doubling coverage, and delivered a 200% ROI in under nine months.

Carvana

Dina Mathers

CISO