As third-party and supply chain risks continue to increase exponentially, HBF’s management saw the need to prioritize third-party vendor risk management in early 2018, prompting it to establish a dedicated cybersecurity program in-house.
Headquartered in Perth, the not-for-profit HBF Health Limited (HBF) is Australia’s fifth largest health insurer with a deep heritage of 75 years. Focused on delivering better policies and lower premiums to its more than one million members, the Western Australian health fund’s myriad of offerings range from affordable coverage to comprehensive health protection solutions to customers across Australia.
Learn how BitSight for Security Performance Management and Third Party Risk Management enabled HBF:
- Achieve more than 95% cost savings as compared to relying on audits.
- Streamline procurement processes and prevent project delays
- Build trusted relationships with third-party vendors via Enable Vendor Assess
- Discover network security issues that internal processes may have overlooked