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Challenge: With the implementation of General Data Protection Regulation (GDPR) in the European Union, Paragon wanted to enhance its management of thirdparty risk associated with protecting customer data.
Solution: FICO® Cyber Risk Score and the FICO® Enterprise Security Suite
Results: Paragon can now measure key risk indicators of third-parties in real time and provide assurance to regulators and internal stakeholders that it provides a robust cyber risk assessment throughout its supply chain.
”FICO has a robust cyber risk assessment tool that helps us understand risk within our supply chain. As we expand this across the enterprise, we can identify risks in real time - enhancing cyber resilience for the bank and security for our customers.” - Chris Bradstock, Head of Cyber Security at Paragon