Case Study: Schneider Electric achieves better third-party risk visibility with Bitsight

Schneider Electric secures 52,000 third parties with BitSight

Schneider Electric, a global leader in energy management and industrial automation, faced the challenge of gaining visibility into the cybersecurity risks posed by its vast ecosystem of over 52,000 suppliers. To better evaluate its vendors and manage its expanding threat landscape, the company turned to BitSight for its Third-Party Risk Management technology and Professional Services.

By implementing BitSight's solution, Schneider Electric gained comprehensive and actionable insights into its supply chain risks. BitSight Professional Services provided proactive support by monitoring critical supplier security ratings and alerting on risk vectors, effectively acting as an extension of the internal team. This collaboration enabled Schneider Electric to quickly flag risks, efficiently work with suppliers on remediation, and foster robust cyber conversations across its entire partner ecosystem without extending internal resources.

Schneider Electric