WHY DEFENSESTORM RISK & GOVERNANCE PACKAGE
As a financial institution, you have a lot to account for when it comes to risk and compliance, including regulatory requirements, industry control frameworks, internal policies and processes, and examiner expectations. Cyber security risk assessment and compliance can be daunting, and are often manual tasks that are time consuming and strain limited resources.
With DefenseStorm’s GRID Active Risk Assessment and Governance Package, your institution takes an automated approach to risk assessments and evidence collection, capturing a complete picture of your cyber and informational security risks and controls, and adhering to internal policies and industry control frameworks, taking your systems from reactive to proactive and allowing you to better manage your cyber risk.
GRID ACTIVE RISK ASSESSMENT & GOVERNANCE PACKAGE BENEFITS
RISK ASSESSMENT
- NIST Cybersecurity Framework 2.0 (CSF 2.0)
- CIS Controls
- FFIEC Cyber
Assessment Tool (CAT) - And many more
RISKS AND CONTROLS
AUDIT PREP
AN INTEGRATED
Approach to Risk and Governance
Tailored to Financial Institutions’ Unique Needs
Filter risk assessments based on your organization’s unique needs to create smaller risk assessments, such as an eBanking risk assessment, or one large information security risk assessment encompassing all risks in the register. You have the flexibility to use an aggregate risk score based on the population of risks with a quantitative scoring model or select your own aggregate risk scores. Better tracking of your cyber security risk assessments enables a clear picture of how your risk profile has evolved over time.
Continuous Monitoring of Control Effectiveness
You have full control to schedule governance and monitoring activities to align with your cyber security compliance program cadences. You have access and can leverage your data through GRID Active to conduct monitoring and governance actions and memorialize reviews – all to better demonstrate adherence to your cybersecurity compliance and risk program.
Improve Efficiency with Automated Evidence Collection
You can leverage pre-mapped Task Schedule templates to schedule program activities to save time and remain within framework guidelines since activities map automatically and directly into framework and self-assessment directives as evidence. You have full access to your log data to complete governance and monitoring activities through GRID Active, our integrated data platform to improve your cyber security compliance.
GRID
ACTIVE REPORTING
GRID Active Reporting enables financial institutions to exercise informed decision-making through consistent metrics and ensure confidence in the execution of strategic risks.
Through strong reporting, FIs can customize their cyber security risk assessments based on audience and timing to better demonstrate the overall risk objectives are being met.
