Secure your Network with IT Risk Management Tools

?In today?s fast-paced, highly-competitive, threat laden world, dilemma facing organizations is of ?how aggressively should they be employing IT to improve productivity and at the same time, maintaining the appropriate safeguards necessary to protect their most important enterprise mission critical data. The advent of Web 2.0 have added new layers of IT hazards in terms of security vulnerabilities and malware attacks. Regulations have increased and have given rise to additional expenses in order to safeguard organizations from these newly risen threats. Enterprises today therefore require a smart approach in evaluating IT threat management and handling compliance issues.

A new approach in Compliance and IT Risk Management
Organizations today have to cater to regulatory policies as well as concentrate on maximizing revenue, improving shareholders value and managing expenses. Governance, Risk management and Compliance (GRC) enable organizations to adopt a better approach to alleviate business risk, assure better compliance and ultimately gain a competitive edge. An efficient compliance and IT risk management program includes policies, people, processes and technology. Executing an end-to-end compliance and risk management solution will minimize business and IT risks and also increase ROI.

Risk management recognizes the need to operate in today?s interconnected world using information technology that enterprises depend upon to accomplish critical business functions.

Advanced Compliance and IT Risk Management Solutions
Today service providers specializing in compliance management solution have introduced efficient IT risk management software that provides a framework for effectively managing multiplicity of controls. A huge advantage of this solution is its capability to incorporate and link several IT governance frameworks. The benefits offered are:-

• Automated and integrated solution with in-built support for RBI compliance, BSE, NSE,NCDEX, MCX, PCI, COBiT, ISO, SOX, BASEL II, FISMA ,HIPAA country specific frameworks ready for using. It automates all your compliance, security, audit and risk management requirements.

• Significantly helps to reduce the total cost of ownership.

• Total risk management that offers assistance for IT operations, cyber security and compliance management. It manages and enforces best standards and practices easily and quickly.

• There is a ?pay as you grow? delivery option based on Cloud Process offers a SaaS model with on-premise vulnerability assessment deployment that needs less initial investment with high returns. This is ideal for small and medium scale business.

• Alleviate cyber security that results in proactive assessment, compliance and security.

• There is a centralized repository for compliance related organizational data.

• Offers dashboard management for compliance status with the capacity to drill down across departments and territories.

• Offers an comprehensive audit trail for all compliance related activities through the whole process

Hence, IT organizations can take the lead in recognizing, evaluating, managing and remediating IT risks by using accurate Risk Management tools. The outcome being companies are able to increase their network security, attain greater compliance and minimize management expenses by efficiently simplifying IT risks.

Risk management recognizes the need to operate in a highly complex and interconnected world using state-of-the-art information technology?technology that enterprises depend upon to accomplish critical business functions and successfully accomplish corporate-wide missions

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