Boosting security and compliance of a global forex trader with comprehensive risk assessments

The client aimed to improve the security and protection of sensitive data of their third-party vendors, as well as ensure their compliance with regulatory standards.

N-iX helped the client conduct over 40 security risk assessments to verify the third-party vendors’ adherence to security protocols and standards. Our specialists followed the best cybersecurity practices and standards by checking if the third-party vendors comply with SOC 1, SOC 2, FedRAMP, ISO standards, NIST, CIS Controls, and PCI DSS. Furthermore, we verified the implementation of security policies, risk assessments, training and awareness programs, access controls, vulnerability scans, and penetration tests.

N-iX helped the client bolster the overall security and compliance of their third-party vendors and solve several security-related challenges:

• Provided a comprehensive and continuous evaluation of the security posture of the client’s third-party vendors, constantly identifying risks and areas for improvement;
• Generated actionable recommendations on how to mitigate the identified risks.