MAX for Purchasing Services Provider Case Study

This case study outlines the enhancement of supply chain cyber risk management for a non-profit purchasing cooperative that serves franchisees of a fast-food brand in the United States and Canada. The cooperative faced challenges with an immature third-party risk management program, relying heavily on manual processes that limited visibility into vendor security postures. To address these issues, the cybersecurity team sought an automated solution, ultimately selecting SecurityScorecard for its ability to provide rapid risk data. The implementation of SecurityScorecard's MAX service enabled continuous monitoring of critical vendors, significantly improving the maturity of the cooperative's risk management program. The results included increased visibility, improved internal collaboration, and enhanced compliance adherence, particularly in alignment with the NIST cybersecurity framework. The cooperative is now working towards a standardized third-party risk management program, fostering stronger partnerships between the security team and business stakeholders, and anticipating improvements in the security posture of its top vendors over the coming year.