Overview

EPAM Services is one of the fastest-growing technology services companies in the world. With branches in over 45 countries and over 60,000 experts on the team, EPAM offers service development, digital platform engineering, and digital and physical product design. Over the past two decades, EPAM has provided globally-recognized commercial software product engineering expertise. In 2021, EPAM was added to the S&P 500 and included in the list of Forbes Global 2000 companies. With a rich history of advanced software engineering, EPAM has become a top solution provider for digital transformation services. EPAM delivers custom software solutions and consulting services and is listed among the top 15 companies in Information Technology on the Fortune 1000. 

Challenge

Scaling Cyber Risk Management Services | Integrating Siloed Data | Compliance with Multiple Frameworks and Standards

As a growing technology enterprise, EPAM needed a solution that could scale with its growth and replace spreadsheets, eliminating the negative side effects of using spreadsheets such as disparate workflows and costly manual labor. The solution needed to centralize and consolidate all risk-related data for client assessments, had to facilitate the tracking of control statuses, and had to deliver best-in-class executive reporting. EPAM currently has two global groups in the US and EU, and needed a solution that could address various frameworks such as ISO, NIST, GDPR, and CCPA, in a single platform. With each client assessment taking four to six weeks to complete, the tech enterprise sought a solution that could deliver automation to save the teams time across assessment, reporting, testing, and evidence collection processes. 

Solution

Assessment Automation | Increased Efficiency | Synced
Crosswalking

With CyberStrong, EPAM can aggregate its different global locations’ distinct frameworks and standards in a single platform. By consolidating its global assessment program with automated and continuous risk assessments, EPAM can build realtime project management status updates, decrease costs in service delivery, and reap time savings and cost-saving benefits from an automated approach.

As EPAM uses CyberStrong, the company saves on project management overhead with efficient data collection, workflow, and reporting capabilities. Through the governance dashboards, EPAM can increase its insights into its overall client program to bring cyber risk benchmarks, industry-specific insights on framework compliance, and other trends back to its customer base. Using the risk dashboards allows them to demonstrate to their client base the overall risk impact of engaging with EPAM services and track the return on security investment (RoSI) of solutions proposed.