Case Study: Taylor Rose cuts vendor cyber risk review time by 75% with Panorays

Taylor Rose cuts vendor cyber risk review time by 75% with Panorays

Taylor Rose, a UK-based multidisciplinary law firm, faced significant challenges with its manual processes for evaluating and monitoring third-party security risk. The unscalable approach, which relied on spreadsheets and emails, created inefficiencies and limited the firm's ability to enforce security standards across its growing vendor ecosystem. To address this, the firm turned to the vendor risk management platform from Panorays.

Panorays provided an automated solution that streamlined security assessments and centralized communication. The platform's dynamic questionnaires and non-intrusive monitoring enabled Taylor Rose to cut its vendor cyber risk assessment time from over eight hours to under two hours per vendor, a 75% reduction. This implementation by Panorays gave the firm unprecedented visibility and control over its third-party security posture.

Taylor Rose