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Netskope Case Study: 25% Increased Efficiency in Security Questionnaires with a 7x ROI

Published by Sabrina Pagnotta on November 3, 2020
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  • TPRM Best Practices
  • Vendor Best Practices
Netskope Case Study

Netskope provides a platform with cloud-native solutions to businesses for data protection and defense against threats in cloud applications, cloud infrastructure, and the web. As a third-party to other organizations, they use Beacon by ThirdPartyTrust to easily share their security posture with their customers.

Download the full case study to discover:

  • The estimated ROI
  • Facts & figures about the TPRM use case
  • How they went from a manual, ad-hoc process to a streamlined, consistent workflow
  • How they implemented DLP processes to ensure confidential documents were shared safely
  • Why customers are assured they have the most up-to-date security information
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Download the full Netskope Case Study
Before & After Beacon by ThirdPartyTrust

Sharing confidential information by  sales was cumbersome and the security team needed to ensure it was being done safely. On top of that, the information shared with customers would quickly become outdated.

The need for a focused tool led the team to explore the market. They realized most of the big, heavy GRC tools wouldn’t do the trick because they can’t help scale this process or automate it, and they’re not focused on the third-party risk management (TPRM) use case.

“What we liked about ThirdPartyTrust is the community aspect of it, being able to create and share our profile, and encouraging other vendors to do it. That’s the way it should be at an industry level.”

Scott Bullock, Senior Compliance Manager/ Data Protection Officer, Netskope

Instead of answering the same questionnaires over and over again, or having to point each customer to each document, they’ve centralized their security documentation into a single profile to send the right, accurate information to the customers. Through API integration with their Jira Service Desk, the system checks whether there’s an NDA or MSA, which enables the sending of confidential security documentation.

 
 
 

Beacon by ThirdPartyTrust is now their centralized repository for all questionnaires, certifications and attestations, such as:

  • SIG Core and Lite, Cloud Security Alliance CAIQ, and other questionnaires
  • SOC reports, ISO certifications, HiTrust and many others
  • Penetration tests, application scans and other attestations
  • Insurance documentation and other audits

As a growing company, Netskope wasn’t expecting to see the amount of work reduced, but rather to maintain the same level of work while increasing capacity of the response process.

“I would consider ThirdPartyTrust best in class from a Third-Party Risk Management perspective. It delivers a far more robust and on-time delivery of our security profile to our customers, reducing our workload while we increase capacity.”

 


 

To learn more about how ThirdPartyTrust can help you streamline your TPRM program, request your free trial now:

 

Trial Account Sign-Up
Sabrina Pagnotta
Sabrina Pagnotta
Sr. Content Strategist
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