Case Study: Carvana reduces cyber risk and insurance costs with Safe Security

Carvana cuts breach likelihood by 40% with Safe Security

Carvana, an automotive retailer, faced challenges with its cybersecurity program due to multiple agents and scanners creating blind spots and a lack of a single authoritative source of truth. The company needed a better way to prioritize vulnerability remediation and communicate cyber risks to non-technical teams. They selected Safe Security and its platform to address these issues.

Safe Security provided comprehensive visibility and quantified cyber risk in monetary terms, allowing Carvana to prioritize remediation based on business impact. The solution enabled Carvana to reduce its breach likelihood by 40% within nine months. Furthermore, by improving its security posture with Safe Security, Carvana secured a 25% reduction in its cyber insurance premium while simultaneously doubling its coverage.

Carvana