Case Study: Commonwealth Financial Network achieves automated IT risk management with CyberStrong by CyberSaint

Commonwealth Financial Network - Customer Case Study

Commonwealth Financial Network, the largest privately held independent RIA broker/dealer in the US, faced the challenge of transitioning its security program in-house from an MSSP. It needed to eliminate its reliance on siloed spreadsheets for IT risk and compliance assessments. The company sought to automate and centralize its processes, standardize them across the enterprise, and integrate cyber risk quantification. CyberSaint addressed these needs with its CyberStrong platform, which provided a unified system for managing risk and compliance.

The CyberStrong solution automated risk assessments and broke down GRC silos, creating a single source of truth. It integrated with systems like Azure and used built-in features like the FAIR model for rapid risk quantification and NLP for crosswalking across frameworks. This enabled Commonwealth's InfoSec team to generate real-time executive reports and instantly view compliance posture against multiple standards. As a result, CyberSaint eliminated time-consuming manual spreadsheets and enabled improved, data-driven decision-making for the security team.

Commonwealth Financial Network