Richemont Customer Spotlight Customer Spotlight
It used to take 2-3 weeks to manually produce a complete risk assessment with defensible results. The automated features of Safe One allow us to complete the same risk assessment in 2-3 days.
Pierre Olodo
Retail / Luxury Goods
Data Ingestion
Use Case
Richemont uses Safe One for Strategic Risk Treatment and Investment Planning across its portfolio of luxury goods maisons.
The Richemont Cyber Risk team received an urgent request from Internal Audit to assess control gaps on a specific asset and provide recommendations on how to remediate the findings.
SafeOne enabled the Richemont Cyber Risk team to create a defensible risk assessment and risk treatment plan while realizing significant time savings as compared to previous manual methods.
Positive Business Outcomes
- Risk-informed investment prioritization
- Ability to measure risk reduction
- Defensible documentation of control maturity improvements
- Significant time savings from previous risk assessment methods
Before Safe
Manual controls assessment and risk scenario mapping using Excel and RiskLens to produce point-in-time reporting. This was a manual, time-consuming, and painful process.
After Safe
Richemont used Safe One’s automated FAIR-CAM model to conduct a What-if analysis to determine the risk reduction and benefits realized by mitigating control gaps within the application and quickly report the results to Internal Audit to drive action.