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Description

Recognizing financial risks is essential for enhancing decision-making processes among C-Suite executives and board members. It is crucial to rank cybersecurity initiatives based on the risks they mitigate, all while evaluating their effectiveness and optimizing financial resources. Elevating the standard, uniformity, and scalability of your cyber risk management framework is vital for success. Currently, there exists a disconnect in communication regarding cybersecurity risks, as business leaders and security teams often use different terminologies. The advancement of cyber risk management signifies a new phase in the realm of enterprise technology risk and security practices. The moment has arrived for security strategies that resonate with business objectives, where cyber risk is evaluated through a financial lens. Utilizing the Factor Analysis of Information Risk (FAIR) methodology, the RiskLens platform combines state-of-the-art quantitative risk analysis, proven risk assessment techniques, and streamlined reporting processes into a cohesive suite of tools. By fostering this alignment, organizations can achieve a more effective and efficient approach to managing cyber risks.

Description

Cyber incidents carry significant financial implications for organizations. VisibleRisk assists in measuring the financial repercussions of your cyber vulnerabilities, empowering you to enhance risk management strategies throughout your enterprise. By standardizing discussions about cybersecurity in executive meetings, you can shift the focus towards business impacts and tangible outcomes. Undertaking a validated cyber risk assessment will help fine-tune your security program and optimize resource distribution. This approach facilitates improved dialogue and decision-making regarding regulatory compliance, mergers and acquisitions, as well as considerations for cyber insurance underwriting and limits. By expressing cyber risk in financial terms, security experts are able to engage more effectively with essential stakeholders, using a shared vocabulary. Business leaders typically refrain from allocating financial resources without a clear understanding of the anticipated return or, more precisely, the potential for cost avoidance. To ease this process, we utilize automation and advanced tools, delivering you a thorough insight into your organization’s cyber risk exposure with minimal effort required on your part, thereby fostering a proactive security culture. This culminates in a more informed and strategic approach to managing cyber threats, ultimately safeguarding your financial interests.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

ServiceNow Integrated Risk Management Yes 

Integrations

ServiceNow Integrated Risk Management No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

RiskLens

Founded

2011

Country

United States

Website

www.risklens.com

Vendor Details

Company Name

VisibleRisk

Founded

2019

Country

United States

Website

visiblerisk.com

Product Features

Product Features

Risk Management

Alerts/Notifications No 
Auditing No 
Business Process Control No 
Compliance Management No 
Corrective Actions (CAPA) No 
Dashboard No 
Exceptions Management No 
IT Risk Management No 
Internal Controls Management No 
Legal Risk Management No 
Mobile Access No 
Operational Risk Management No 
Predictive Analytics No 
Reputation Risk Management No 
Response Management No 
Risk Assessment No 

Alternatives

Alternatives

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CyberSaint Security