ANI PR Wire
02 Aug 2022, 11:30 GMT+10
Bengaluru (Karnataka) [India], August 2 (ANI/BusinessWire India): Scrut Automation, a leading compliance automation platform, unveiled Risk Management, a first-of-its-kind risk assessment tool, to further bolster its offerings in the compliance automation industry.
Larger organizations use legacy Enterprise Risk Management (ERM) tools to manage the risk assessment and management processes, but these are difficult to adopt for mid-market SaaS and Fintech companies and often lack relevant integrations.
Scrut Risk Management is an advanced, easy-to-use, lightweight product that aims to help its customers gain complete visibility into their risks, allowing them to prioritize and manage risks better. Scrut Risk Management does so through:
Automated risk identification: Prebuilt library of risks guides organizations in identifying relevant risk areas and uncovering often-overlooked risks.
Ready Integrations: With out-of-box integrations, the tool connects across an organization's application landscape to identify potential risk areas.
Real-time risk register: A real-time risk register gives a comprehensive view of all organizational risks, strategies and actions adopted to manage them, and residual risks.
Mitigating controls monitoring: The tool has automated workflows for tracking the implementation of and evidence collection for mitigating controls.
Risk assessment reports: The tool generates automated risk assessment reports that can be readily shared with compliance auditors for SOC 2, ISO 27001, PCI DSS, GDPR, and other infosec frameworks.
Kush Kaushik, Co-founder of Scrut Automation, said: "Legacy enterprise risk management tools are bulky to use and often overkill for growth stage and mid-market startups. Scrut Risk Management is built to bring enterprise-grade risk assessment to this segment through an automated risk observatory around multiple cyber assets, processes, and endpoints."
For more on Scrut Risk Management, please visit their blog post.
This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)
Get a daily dose of Nepal National news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Nepal National.
More InformationNEW YORK, New York - U.S. stocks rebounded Tuesday with all the major indices gaining ground. Markets in the UK, Europe and Canada...
NEW YORK CITY, New York: Financial markets kicked off the week on a cautious note as President Donald Trump rolled out a fresh round...
RIO DE JANEIRO, Brazil: At a two-day summit over the weekend, the BRICS bloc of emerging economies issued a joint declaration condemning...
LONDON, U.K.: This week, BP appointed Simon Henry, former Shell finance chief, to its board as a non-executive director effective September...
OTTAWA, Canada: With Canada Post struggling to maintain operations amid labour unrest, rivals like FedEx and UPS are stepping in to...
NEW YORK, New York - U.S. and global markets showed a mixed performance in Tuesday's trading session, with some indices edging higher...
WASHINGTON, D.C.: President Donald Trump says the United States could soon reach a trade deal with India. He believes this deal would...
Islamabad [Pakistan], July 10 (ANI): Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan's sister Aleema Khan has said that her brother...
Washington, DC [US], July 10 (ANI): US President Donald Trump announced a 50 per cent tariff on imports from Brazil, starting August...
Washington, DC [US], July 10 (ANI): US President Donald Trump on Wednesday announced a fresh round of tariffs on imports from seven...
Windhoek [Namibia], July 10 (ANI): Prime Minister Narendra Modi on Wednesday received a standing ovation and non-stop applause from...
Kathmandu [Nepal], July 10 (ANI): Nepali lawmakers have demanded a cross-border information sharing mechanism with China following...