The potential for data breaches, security incidents, and regulatory non-compliance looms large, necessitating robust risk management strategies. FortifyData offers this unique solution by empowering organizations to view and manage cyber risks at both holistic and granular levels.
This blog explores the immense value of having a cyber risk management platform, like FortifyData, that enables organizations to view and manage cyber risks at both holistic and granular levels.
The Power of a Unified View
When dealing with complex entities like multi-national conglomerates, holding companies, or university systems, the ability to gain a holistic view of cyber risk is invaluable. Security leaders at these organizations need a unified view to make informed strategic decisions based on a comprehensive understanding of the organization’s risk posture.
The Value of Granularity
While a holistic view is crucial, understanding risk at a granular level offers its own set of advantages. A platform with these capabilities allows users to drill down and analyze cyber risk by subsidiary, department, or college, catering to the diverse needs and priorities within an organization.
Vendor Risk Management: Today, organizations outsource key services to critical vendors. The above features can extend beyond internal risk management by offering organizations the ability to assess and manage cyber risks associated with vendors. This functionality applies to both enterprise-wide vendors and those serving specific subsidiaries, departments, or colleges. Security leaders can streamline vendor risk assessment processes, ensuring that all stakeholders are aware of the potential risks associated with external partners as well as focus assessments on the specific services provided through in-scope assessments.
FortifyData’s cyber risk management platform revolutionizes how organizations approach risk by providing both a unified view and granular analysis capabilities. The ability to view risk across the entire organization allows decision-makers to understand common vulnerabilities and make strategic, enterprise-wide decisions. Simultaneously, drilling down to specific subsidiaries, departments, or colleges enables tailored risk management strategies, empowering individual units to address their unique challenges. With the added benefit of vendor risk management, organizations can comprehensively protect their digital assets, foster resilience, and navigate the ever-evolving cyber threat landscape with confidence.
If you’d like to see how this works, schedule a demo: https://fortifydata.com/request-a-demo/