Revamping Cybersecurity Roadmap for Leading Manufacturer of Hand Tools

Background

BDO Digital had the privilege of partnering with a leading manufacturer of hand tools and instruments for professional tradesmen to address their cybersecurity challenges. The client had experienced security leadership turnover over several years and was challenged in moving forward with their security roadmap. Their level of maturity in the cybersecurity space had started to slip, with limited prioritization or risk ranking of security initiatives. 

Challenge

The client's cybersecurity initiatives were too broad, with a lack of prioritization or risk ranking, leading to a slip in their cybersecurity maturity. The most recent internal penetration test resulted in gaining Domain Admin rights on the first day, which was visible by the executives and the board. Maintaining a clean public brand reputation was paramount. 

Solution

BDO Digital focused on understanding the client's business priorities from executive peers that had an impact on cybersecurity, compliance, and privacy. We became knowledgeable about their key initiatives, current roadmap, environment, staff capabilities and contracted third-party services. Our team brought a fresh and seasoned point of view, revamping the roadmap to march toward goals that reduce critical and high risks to the business leveraging risk assessment best practices. We closed gaps in a methodical fashion using industry standards to reduce the likelihood and impact of cybersecurity breaches. We developed a cybersecurity scorecard that could be managed against and presented to peer executives. 

Results

BDO Digital was able to mitigate many critical risks to the business within the first 90 days, establishing a cybersecurity leadership presence that could be leveraged by leaders throughout the organization. We got ahead of organizational change management to increase adoption of new solutions or important adjustments, increased efficiency through the use of effective tools, automation and KPIs, and kept the business priorities at the forefront through frequent touchpoints with business unit leadership. We increased assurance that the company's public brand would not be tarnished as a result of a cybersecurity incident making the news.