PPWM is a mid-sized Registered Investment Advisor (RIA) affiliated with Schwab experiencing rapid growth, with a client base of high-net-worth individuals.
Challenge
PPWM wanted its part-time internal CISO to focus more on the business and was looking at outsourcing cyber security governance, risk management, and compliance (GRC). FCI, itsManaged Service Service Provider (MSSP) focused on technical controls and safeguards, introduced them to Buckler.
Buckler’s virtual CISO provides comprehensive cybersecurity oversight to PPWM. A tailored cyber compliance roadmap was developed to align with long-term regulatory requirements.
Virtual CISO Role
Buckler assumes the responsibilities of a CISO, guiding the firm through regulatory requirements, risk management, and strategic cybersecurity planning.
Cyber Program Management
Buckler took over managing a robust cyber compliance program, including vendor risk management and incident response planning.
Presenting
The Key Results
Improved Compliance
By leveraging Buckler’s software and its unique Policy Match feature, PPWM is now confident in meeting cybersecurity regulatory requirements, effectively reducing the risk of regulatory fines.
Enhanced Cyber Posture
With Buckler’s continuous oversight, the firm confirmed its cybersecurity defenses to mitigate potential threats and show evidence of compliance in the event of an exam, a breach, or a cyber insurance claim.
Cost-Effective Solution
By leveraging Buckler services, PPWM avoided the overhead costs of hiring a full-time CISO while still benefiting from expert leadership.
Increased Operational Efficiency
With Buckler streamlining vendor due diligence and policy management, PPWM significantly reduced the time and effort spent on manual compliance tasks—allowing the team to focus more on core business priorities.
