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Storing and exchanging data safely is a critical challenge for CSO’s in industries like banking, finance, healthcare, manufacturing, information technology, retail, and more. ISO provides requirements for information security management systems that help companies manage financial information, employee details, intellectual property, etc.
ISO 27001 can be difficult to manage as the framework consists of policies and procedures that include legal, physical, and technical controls involved in an organization’s information risk management processes. It can be a complex task for many organizations to unite these areas under assessment.
Teams need assistance developing a road map for evaluating areas of noncompliance, analyzing collected data, determining corrective actions, and ensuring your organization would pass and audit to gain ISO certification.
Storing and exchanging data is a requirement for every business. It is imperative that professionals take action to prevent disastrous data breaches that could negatively impact their ability to continue operations, harm brand image, or accrue costly legal fees.
Failure to achieve compliance and ISO certification can also result in loss of customers and or partnerships who take steps to ensure their data is protected. Noncompliance shows a lack of basic security, ultimately affecting your bottom line.
The average cost of a data breach in 2020 was nearly $4 million. Even if ISO certification is not required for an organization, noncompliance to its framework causes unnecessary risk and can severely affect the continued operation of businesses, if not forcing bankruptcy.
RiskWatch offers over 50 prebuilt content libraries that are ready for use in our platform. These libraries contain industry standards and regulations, lending subject matter expertise and guidance for organizations. Achieving compliance with these libraries ensures risk is minimized.
Additional content libraries can be added to assessments with a single click.
Reduce unnecessary costs by eliminating the need for third-party expertise.
Custom libraries and any standard or regulation not already available can be created.
The RiskWatch platform offers suggested remediation to instances of non-compliance to our content libraries. As assessment information is collected, the platform determines if action should be taken to meet compliance. These can be shown to administrators for review or directly to team members for action.
Immediately gain a starting point for reaching compliance with your content library
Reduce time needed to manage your teams remedial tasks.
Automatically assign tasks within the platform, make adjustments, or leave additional instructions.
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.
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