Case Study: a large financial services company gains supplier risk visibility with Darkbeam

Darkbeam Helped the Procurement Team in A Large Financial Services Company Gain Insight into the Suppliers They Engage

A large financial services company needed to gain insight into its many professional services and legal suppliers as part of a vendor consolidation and data protection project. Their procurement team required a way to screen and monitor these firms for digital risk, which was essential for both cost negotiation and meeting regulatory obligations. They turned to the Darkbeam platform to address this challenge.

Darkbeam provided its solution by processing the client's list of law firms to deliver a comprehensive digital risk profile in minutes. This data was integrated into the company's procurement systems, enabling them to quickly identify and collaborate with a major high-risk firm to reduce vulnerabilities. The results included a quantifiably reduced attack surface and a new, automated process for ongoing supplier risk monitoring that is now being expanded to all spending categories.