Toptal reduces potential financial risk by over $6 billion with cybersecurity upgrades for auto manufacturer.
A leading automotive manufacturer faced substantial risks due to an inadequate governance, risk, and compliance (GRC) framework. Toptal fortified its cybersecurity posture, reducing vendor risks and preventing regulatory failures.
Client
A global automotive company manufacturing cars, trucks, and mobility solutions known for quality, efficiency, and innovation.
Employees
Revenue
Industry
AutomotiveDelivered Services
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The existing GRC framework lacked the effectiveness needed for efficient decision-making and risk management, exposing the company to potential financial and regulatory consequences.
Solution
Establishing Framework
Toptal embedded two seasoned project managers who used Agile methodologies and the NIST RMF to establish an effective GRC function, enabling risk-driven decision-making across the organization.
Security Assurance
As the project expanded, Toptal created a vendor security assurance process based on industry standards like NIST CSF and ISO 27001, ensuring consistent security practices among stakeholders, consultants, and software vendors.
Outcome
Risk Reduction
The newly implemented GRC function significantly reduced regulatory risks, potentially saving the company over $6 billion by mitigating financial and compliance issues.
Strengthened Leadership
The enhanced GRC framework established the manufacturer as a leader in automotive cybersecurity, supporting broader safety goals in mobility solutions.
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