Manage your Security.
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The Challenge
Companies have a multitude of reasons for receiving or performing an external security audit, ranging from standard security practices to meeting third-party requirements. Passing an audit by a third party includes many challenges, mainly centered around the areas that will be audited. This requires an internal audit that will first identify required compliance, any security gaps, and remedial tasks.
Companies often prepare for a third-party audit to ensure a positive outcome. This in turn requires an understanding of the areas that will be assessed and the expectations that are to be met, which makes quality assessment criteria a large challenge for many companies. With even a single assessment area missing or incomplete, a perfect assessment process will still result in noncompliance. Managing this data and keeping proof of compliance organized and readily available is a difficult task for organizations utilizing spreadsheets, emails, and other methods of data collection.
Companies struggle to complete assessments in a thorough and timely manner, due to issues in training, analyzing data, and implementing changes. Protecting your assets, preventing costly penalties, and maintaining your reputation are major challenges for all involved.
The Impact
Customers have reported a previous inability to fully manage their audit preparation due to an unorganized process that ultimately left them with security gaps or compliance findings and in breach of contract. Often, a single failed audit is enough to severe a partnership or warrant a fine by governing bodies.
Without a reliable platform to streamline assessments and automate key functions such as report writing and data analysis, these customers were struggling to complete their required assessments prior to external audits. In addition, these audit requirements benefited the company, meaning non-compliance left numerous security gaps and vulnerabilities.
Noncompliance and gaps in security leave your organization vulnerable to attacks and penalties, ultimately limiting growth and damaging company reputation.
Achieve your Security Audit Goals with RiskWatch
Central Repository
The RiskWatch platform serves as a central repository, allowing organizations to easily access, share, analyze, or update all risk, security, and compliance-related information. This makes sure all data is organized, accurate, and easy to secure. Since data is entered into the platform and then automatically analyzed and reported on, data quality significantly increases.
Streamlines processes and eliminates redundancies with transferring data.
Centralizes the storage and maintenance of data.
Generate a higher ROI by eliminating costs of poor data quality, erroneous information, and uninformed decision making.
Automated Reporting
RiskWatch enables customers to standardize and automate reporting functions directly within the platform. Several report templates are included by default, with the added option to create custom templates. Templates can be saved to meet data and visual preferences. With the correct templates saved, generate any report with a single click.
Save an average of 16 hours per report.
View robust data from multiple sources within a single place.
Increase transparency with any data available in any format, on demand.
Data Collection Portal
The RiskWatch platform contains a data collection portal, which grants the ability to effortlessly collect data in assessments by eliminating the need to create login profiles for each participant. Need to collect information from a vendor or supplier? Just send them a link to your data collection portal to collect what you need – no training required!
Create custom landing pages for your data collection portals, using custom colors or instructions.
Eliminate training time by sending out a limited-view collection page.
Assessments to a portal can be created just once and used repeatedly, eliminating unnecessary work.
Product Overview
An Intelligent Physical Security Risk Assessment Platform
SecureWatch is a state of the art security and risk assessment platform that can be utilized for facility compliance and security risk assessments. Reduce exposure to liability, manage risk, monitor and maintain security, and track continuous improvement.
An Information Security Risk Management Platform
CyberWatch is a modern assessment solution that can be utilized by various industries for cyber security and compliance risk assessments. The software enables you to reduce exposure to liability, manage risk, monitor and maintain cyber security, and track continuous improvement.
A Compliance Assessment and Management Platform
ComplianceWatch is a compliance audit and management platform that can be utilized by various industries for measuring compliance to any regulation, standard, or policy. Reduce exposure to liability, maintain public credibility, ensure adherence to best practices, track policy compliance, and track continuous improvement.
A Supplier Security Risk Assessment Platform
SupplierWatch is a security risk assessment and management platform that can be utilized to reduce exposure to liability, manage third-party risk, monitor and manage your supply chain, ensure high business continuity, and track continuous improvement. Use it to identify, eliminate, and prevent problems in your suppliers processes, management, or products.
A Vendor Security Risk Assessment Platform
VendorWatch is a security risk assessment and management platform that can be utilized for identifying security gaps and risks with vendors and addressing them. Reduce exposure to liability, manage third-party risk, and monitor and rank vendors. Keep track of a vendor’s compliance efforts to ensure expectations are being met. Archive contracts, manage compliance evaluations, manage contract reviews, and rate vendors objectively.
Reduce exposure to liability. Manage risk. Monitor and maintain security.
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