| Special From CYRISMA
Next-Gen GRC Tools: Integrating Compliance and Cyber Risk Management What's the future of Governance, Risk and Compliance (GRC) tools? We believe that in the cybersecurity domain, GRC tools will increasingly bring together the tactical and strategic components of compliance and cyber risk management. This means that unlike traditional GRC tools that are primarily compliance and policy-focused - new and emerging solutions will allow organizations to: View, track and assess compliance requirements across frameworks and standards Discover, assess and reduce cyber risk (system vulnerabilities, threats to data, and more) Measure the financial impact of cyber risk Map risk to compliance requirements Close both cybersecurity and compliance gaps in a holistic manner Bringing Together Strategy, Policy and Execution These tools will enable organizations to: Track and Manage Controls: Monitor both existing controls and any new controls required to meet evolving compliance needs. Directly Implement Tactical Controls: Move from merely identifying compliance requirements to actively executing cyber risk reduction controls that ensure compliance, all within the same platform. Enable a Unified Approach: Integrate gap assessments, mitigation plans, and proof of control implementation into a single workflow, making the entire GRC process seamless and efficient. Questions to Address to Integrate Governance, Risk and Compliance To help clients build and implement a truly effective GRC strategy, MSPs and MSSPs must consider a few key questions that tie together the Governance, Risk and Compliance components of GRC. Addressing the following questions will help your clients build a continuous flow between their GRC activities. What are your clients’ key business objectives? How can cyber attacks hurt their bottomline (revenue and profits? What regulations apply to their business? What are the costs of non-compliance? Do they use a cybersecurity framework? Does this framework align with regulations and standards they must adhere to? How are they currently managing and documenting cyber risk? Do they quantify cyber risk (Do they know what a data breach would cost them?) Selecting a GRC Platform The GRC tool you acquire must function as a single source of truth for the risk and compliance status of all your clients and help you address the questions listed above. What to look for when selecting a tool: Frameworks and Standards covered Compliance frameworks and regulations covered and whether they include most of the regulations that your clients must comply with Pre-built questionnaires and templates corresponding to all the frameworks covered Control Implementation Cyber risk scanning, assessment and risk mitigation features How control implementation is mapped to compliance requirements (is this automated?) Financial Impact Data Does the tool estimate the monetary impact of potential breaches? Does it help measure cybersecurity RoI? Does it clearly demonstrate how much the client will gain if essential risk reduction controls are implemented? Reporting Features The ability to generate comprehensive assessment reports highlighting areas of compliance and non-compliance, and recommendations to close gaps The ability to customize reports based on context and customers' priorities The ability to upload documents as evidence of compliance where needed Collaboration Features The ability to give control to teammates, stakeholders and auditors to complete tasks and review compliance status The ability to assign questions to data owners responsible for those specific controls Integration with Other Tools Integration with existing tool stack - Will the GRC platform work seamlessly with other tools and data sources needed for GRC activities? Or is the platform itself comprehensive enough? Do the features overlap with the capabilities of other tools? Do they provide enough unique value? Deployment, Support and Frequency of Updates Is the platform quick to deploy and easy to use? Are dashboards user-friendly? How often are new features introduced to adapt to evolving compliance needs? How easily can you get tech support? How CYRISMA's Compliance and Cyber Risk Management Platform helps MSPs and MSSPs CYRISMA brings together essential governance, risk management and compliance assessment capabilities in a unified, multi-tenant platform. Developed for MSPs and MSSPs looking to reduce their clients' risk and help them achieve compliance in a holistic, measurable and cost-effective manner, CYRISMA makes GRC simpler by providing all-round visibility into both cyber risk and evolving compliance needs. What makes CYRISMA truly effective as a GRC tool is that in addition to compliance assessment capabilities, it also includes the ability to implement controls to shrink compliance gaps. Platform features include internal, external, agentless and agent-based vulnerability scans, patching for Windows-based third-party apps, sensitive data discovery in both on-prem and cloud environments, financial impact estimates, dark web monitoring, secure configuration scanning, compliance tracking and assessment, and much more. Run scans to discover, assess and mitigate risk, and assess compliance with multiple frameworks (CIS Critical Controls, NIST CSF, HIPAA, PCI DSS, Essential Eight, Cyber Essentials, Microsoft Copilot Readiness, and more.) All features and future updates are included in the standard pricing. REQUEST A FREE DEMO FOR A DEEP-DIVE!
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