Manufacturer Embraces Information Security as Value Proposition

Major technology and medical device companies trust Accumold with trade secrets and other intellectual property. HBS helps the manufacturer create policies that assure customers their data is in good hands. 

Major technology and medical device companies trust Accumold

Company: Accumold
Industry: Manufacturing
Employees: 300+
Established: 1985
HBS Service: vCISO, Penetration Testing, Security Training, Managed SIEM

A Major Factor in Micro Parts

Accumold is one of the World Leaders in Micro Molding Solutions, with more than 30 years dedicated to micro injection molding and tooling. Over the past three decades, demand has increased for small technologies resulting in the need for smaller, more precise micro moldings. Throughout this time, Accumold has differentiated itself from its competition by committing to delivering high-volume, small, complex micro injection molded parts with high quality and fast turn-around. 

Their dedication to excellence has made Accumold a highly revered manufacturer of micro molded parts. Being a leader in the industry comes with elevated expectations. With some of the largest technology and medical device companies as customers, Accumold is entrusted with coveted trade secrets, intellectual property, and data. 

Identifying the Need

In early 2013, Accumold’s technology and basic cybersecurity functions were led by their two-person IT department. As information security challenges widened and client demands for protection and privacy grew, Accumold realized an immediate need to add information security expertise to their team. "Our clients expect us to protect their data as they do, if not better than they do," shared Tysen Landmesser, Information Technology Manager at Accumold LLC. 

Upon recognizing the need to expand their information security proficiency, Accumold leadership was faced with the decision to either hire a full time individual to implement and run their security program or select a specialized security provider to lead the charge. 

Evaluating Options

A full-time employee would be in-house and available all day, every day, which was an appealing thought. The challenge with one employee is finding an individual who could deliver on all the security demands of Accumold and its clients. The individual would need the experience of a CISO and the tactical execution of an analyst, and with all the experience and security knowledge, the cost of that employee could easily reach $200,000 with salary and benefits. 

With an understanding of what it would take to bring a security professional on staff, Accumold began searching for options in the outsourced security provider space for comparison. Through this process, three information security consulting companies were selected to compete for the outsourced CISO service. 

During their search, Accumold realized they were looking for more than a security provider, they were searching for a competitive advantage. They were already leaders in micro molding, but it was time to lead their industry in information security practices as well. Clients were pressuring Accumold to provide proof of confidentiality and integrity of their data. Accumold saw this as an opportunity to instill confidence in their clients by being proactive with their security program and preparing for the challenges ahead. 

Making the selection

In the end, Accumold identified HBS’s Virtual CISO (vCISO) service as the option that aligned best with their internal security goals and competitive aspirations. To advance their information security, they were going to need help from more than one person. 

This is what our clients are saying

Not only did Accumold gain access to an entire team of security professionals, the customization of HBS’s vCISO service enabled them to select a program that costs a quarter of the price of a full-time CISO. 

When Accumold began their partnership with HBS they expressed concern about HBS’s ability to keep up with their needs. Tysen remembers CEO Dave Nelson following up by saying, “We will move as fast as you can.” The quote still sticks out in Tysen’s mind 6 years later. “HBS’s level of preparedness showed through right away,” said Tysen, “We even tried to “outrun” HBS for the first six months but couldn’t”. 

Enjoying the results 

The HBS team developed a security program and schedule that aligned with Accumold’s desired speed. The relationship has been symbiotic from the beginning. If there are projects Accumold wants completed quickly, HBS is up to the challenge. If Accumold needs to slow down to catch up with other responsibilities, the HBS team makes sure not to overwhelm them. 

Since partnering, HBS has helped Accumold achieve notable security accomplishments, such as: 

Increasing employee awareness of email phishing 

Instead of opening and clicking on suspicious emails, employees identifying deceptive emails and reporting them to the IT department. Industry average for employees who click on email phishing is at 34%, while Accumold’s employees are well below the average at 9.1%. 

Improving physical security of manufacturing facilities 

To ensure precision of micro molded parts with unique requirements, Accumold provides isolated clean rooms, as well as temperature and moisture-controlled facilities for production. Contamination of these rooms, or even the smallest impurity, can alter part geometry, rendering it useless, which is why facility security is top of mind for Accumold and its clients. 

To help Accumold assess their physical security and identify areas of needed improvement, HBS performs organized facility infiltration testing. Consultants are tasked with attempting to socially engineer their way into secured facilities. The reports provided from these tests have helped guide Accumold in reconfiguring their facility and making updates to guest check-in and access control technology. 

Exceeding clients’ security expectations 

Clients not only demand the final output of their products to be perfect, they expect their R&D and product designs to remain secure and protected from outside parties. To ensure client data is protected, HBS provides Accumold with guidance to grow their security program along with their business. This guidance includes insight into security best practices and emerging security threats. 

Preparing and documenting an Incident Response Plan 

Organizations that wait for a security incident before creating a plan will always be left to scramble for answers. Accumold has taken the proactive approach by working with HBS to develop an incident response plan that guides every move when responding to security incidents. Developing the plan has also enabled Accumold to introduce new security controls that help reduce the risk of a breach happening. 

Developing and implementing security policies and procedures 

As Accumold grows, new employees, technologies, and business processes are being introduced into their environment. The continual changes warrant regular updates and adjustments to policies and procedures. To ensure the implementation of these changes doesn’t introduce additional risk, HBS discusses these changes with Accumold each month and guides the policy and procedure development process. 

As security challenges shift and client demands change, Accumold continues to deliver the highest quality products while relying on HBS to help them protect client data. HBS and Accumold continue to prioritize security needs and work through challenges together. vCISO is beyond a security service, it is a lasting business partnership. 

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