MMOX helps HPE Growth meet cybersecurity requirements

As an investment firm, HPE Growth faces growing cybersecurity requirements from both its investors and regulatory frameworks like DORA. Over the past few years, cybersecurity has been elevated to a higher level with the support of MMOX. Their comprehensive approach aligns well with HPE's diverse needs.

Enhancing cybersecurity with MMOX

A few years ago, CFO Nigel Diesveld wanted to improve back-office processes and strengthen cybersecurity. 'I noticed an increase in phishing emails. As HPE grew, we began attracting different types of investors, including large institutional investors. These investors became increasingly critical of cybersecurity. This was the trigger for choosing MMOX. Strong cybersecurity not only provides employees with a sense of security but also strengthens trust in HPE.'

'Cybersecurity is not my daily job, but MMOX makes it clear what we need to do and why.'

An Independent cybersecurity partner

HPE Growth deliberately chose MMOX as an independent cybersecurity specialist alongside its existing IT service provider. 'It's important to treat cybersecurity as a distinct expertise,' Nigel explains. 'We considered several options but ultimately decided to work with a dedicated cybersecurity specialist.'

A step-by-step approach to compliance

The combination of measures provided by MMOX proved highly effective for HPE. 'The Cyber Sensor immediately offered extra protection and visibility. When an incident occurred, MMOX was ready to step in,' Nigel recalls.

'MMOX’s structured approach first gave us insight into our current cybersecurity posture—our so-called "blind spots." It also provided a benchmark against similar organizations,' he adds. 'Cybersecurity is not my daily job, but MMOX makes it clear what we need to do and why.'

By following MMOX’s step-by-step process, HPE was well-prepared for the additional requirements imposed by the DORA regulations. 'The complete package of measures works exceptionally well for us,' says Nigel.

Take Action!

'MMOX’s approach delivered immediate results by tackling the low-hanging fruit first. This motivated us and gave us the energy to keep improving our cybersecurity,' says Nigel. His advice to other business leaders? 'Start small and take action!'