Industry Challenges
The retail industry is faced with difficult challenges such as high regard to reputational risk, deterring fraud and theft, preventing data breaches, avoiding customer injuries, and planning for forced closures. Risk management is a necessary component of keeping retail businesses safe and thriving. To stay profitable, companies need to watch their bottom line and a retail risk management solution like RiskWatch will ensure they’re protected.
Our Solution
Our risk assessment solution is designed to meet all the needs of retail companies. Easily assess physical security, cybersecurity, compliance with regulations and policies, and even your suppliers. RiskWatch makes it easy for retail companies to meet OSHA, ISO, USDA, or any other requirements to mature your risk management program. Save time requesting, analyzing, remediating, and reporting on your data, which allows staff to focus more on reducing risk and meeting compliance.
You can tell RiskWatch has experience and expertise in risk management by looking at how SecureWatch is put together. The system combines ERM and compliance in a way both can be performed at the most efficient way possible. Its automation combines well with the maturity of data available in most of our assessment programs.
American Express
Key Benefits
Real-time risk profiles and scores that update as changes occur.
Ensure your workplace is safe for both shoppers and employees.
Meet compliance requirements such as with OSHA, ISO, USDA or any other regulations, standards, or even custom policies.
Use customizable reports to provide high-level staff updates on objectives and progress on assessments.
Provides a comprehensive view of organizational compliance. Recommendations are automatically offered to identify and mitigate gaps and vulnerabilities.
Additional Benefits
Standardize and automate data collection, analysis, and remediation.
Create policies for forced closure events, such as COVID-19, a fire, or other threat.
Develop controls and tasks to mitigate all critical risks and work down as resources allow.
Creates a road map for evaluating vulnerabilities, identifying opportunities for security enhancements, and tracking progress.
Save time communicating with team members on assessment tasks with automated email reminders, recommended tasks, and activity logs.
Can You Afford Non-compliance?
Retail industry call out
In 2020, Target was fined $227,304 in penalties for noncompliance with OSHA regulations. In two different locations, the store had blocked fire exits from various objects, a major violation. Since 2015, Target has been cited by OSHA for similar hazards at eleven other locations.For more information, click here.
Product Overview
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.
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.
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.
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.
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.
Try any of our products, for free.
Riskwatch products are easy to use, free to try, and can be customized to fit your business needs.
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