Risk Management Solution for Oil & Gas

Industry Challenges

The nonprofit industry is faced with difficult challenges that result from limited budgets, increased focus on transparency, reputational risk, regulatory compliance, theft, and other emerging risks. Risk management is a necessary component of keeping your organization safe and thriving. A primary focus is to maintain their tax-exempt status. As such, nonprofits and charities are subject to specific rules set forth by the IRS. Nonprofits must demonstrate that they are using funds for charitable reasons and not for any type of personal financial or political gain.

Our Solution

SecureWatch, our risk assessment solution, is primarily used as a risk management software for the oil and gas industry that can help you address and improve in each area without adding additional staff or resources. Rest assured you will meet all you needs when using SecureWatch.

SecureWatch integrates Enterprise Security, Risk and Compliance so we can assess and communicate as one.

Security Operations, Corporate Security, AVANGRID

Key Benifits

Additional Benifits

Can You Afford Non-compliance?

Gas and Oil industry call out
State oil and gas regulators issued $5.2 million in oil and gas fines in 2018. Of that, Noble Energy, Colorado’s second-biggest driller by oil volume, was issued the largest fine of $1.6 million for failing to maintain and pressure test a host of shut-in wells, or wells not currently producing. Pressure testing helps check for any leaks and ensures the well is functioning properly, so as to protect workers and the environment. The reasoning of the fine size was based on the number of wells, and the period they were in violation. Noble incurred a penalty of up to $5,000 each day and many wells were said to be overdue for maintenance for over a year. For more information, click here.

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 cybersecurity and compliance risk assessments. The software enables you to reduce exposure to liability, manage risk, monitor and maintain cybersecurity, 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 Client Security and Compliance Risk Assessment Platform

ClientWatch can be utilized to manage client engagements in security audits, risk assessments, regulatory compliance, gap analysis, policy review, and more. Customize, standardize and automate the services provided to clients in pre-engagement, onsite, and post engagement.

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.

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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