RiskWatch

Internal Security Audits

Manage your Internal Security.
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The Challenges

An internal security audit is necessary to ensure policies and procedures are being followed, which help prevent fraudbreaches, and unproductive operations. There are a multitude of challenges involved in this process, such as standardizing risk scoringcompleting detailed reports based on risk data, making risk-based resource allocation decisions, and following up on mitigation.

This process requires a standardized process of assessing assets, identifying threats, and prioritizing risks. A large challenge is a need for quality frameworks to be referenced in the audit and ensure compliance with applicable regulations and industry standards. Preparing this content and gathering assessment data is time-consuming, leaving little availability for data analysis and mitigation.

Teams need assistance developing a road map for evaluating risks, identifying opportunities, and making informed decisions on how to mitigate risk. Protecting your assetspreventing costly penalties, and maintaining your reputation are major challenges for all involved.

 

The Impact

Customers have reported a previous inability to perform regular internal security audits due to an unorganized risk management process that took too many resources to complete. This left them exposed and vulnerable, hoping that their current security standing would suffice until the next audit.

Without a reliable platform to streamline internal audits and automate key functions such as report writing and data analysis, these customers were struggling to gain a complete and total view of their risk standing. This left numerous security gaps over extended periods of time while teams assessed areas at random and began mitigation before comparing risk scores and the impact on the organization.

Gaps in security leave your organization vulnerable to attacks and penalties, ultimately limiting growthdamaging reputation, and declining morale. Impact increases over time as costs are reduced, processes are improved, and risk is better managed.

 

Achieve your Internal Security Audit Goals with RiskWatch

Automated Analysis

RiskWatch software streamlines the assessment process, using our intelligent analysis methodology to collect all relevant security data and highlighting any security gaps. Automated analysis aims to improve security positioning without the need to manually compare site data and risk scoring prioritizes projects, allowing you to manage security without getting stuck in the weeds.
Automated Compliance Management
Streamlined Security Risk Assessments

Risk Scoring

RiskWatch provides a calculated score that tells you how severe a risk is, based off of several factors. Without a standard model for risk scoring, risk and security teams would continually struggle to communicate internally about how to allocate resources appropriately in order to minimize costs and impact to business.

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.
Pre-built Content Libraries for Compliance Automation

Product Overview

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