Simplify IT Risk Identification, Assessment, Analysis, and Mitigation
MetricStream's IT and Cyber Risk Management software offers a centralized repository for assets, processes, threats, and vulnerabilities. This central repository on the MetricStream Platform allows organizations to define and maintain business entities such as IT risks, assets, threats, vulnerabilities, processes, and controls. Users can map IT assets to threats and vulnerabilities while capturing associated details such as description, category, hierarchy, ownership, visibility, and validity. Additionally, the software streamlines threat and vulnerability management by monitoring the threat landscape, zero-day advisories, and threat bulletins from leading industry sources. It imports data from multiple vulnerability scanners, generates a combined risk rating for each asset, and orchestrates the remediation process workflow.
Advanced IT Risk and Control Assessments
Organizations can assess and manage IT risks and controls in an integrated manner using industry standard frameworks like ISO 27001 and NIST with MetricStream's IT and Cyber Risk Management software. The software allows for conducting advanced assessments by configuring risk scores and ranking them using a simple risk matrix. These scores can be rolled up to an assessed entity or organization, providing a clear picture of the risk landscape and control effectiveness.
Cyber Risk Quantification and Simulation
With MetricStream's IT and Cyber Risk Management software, organizations can assess their cyber risk exposure in dollar values using advanced cyber risk quantification capabilities. Leveraging support from the FAIR model, users can provide monetary impact analyses of cyber risks such as data breaches, identity theft, and infrastructure downtime. Furthermore, the software enables the creation of simulation techniques to transform range-based estimates into more accurate values, allowing executives to prioritize cyber investments effectively and align cyber programs with business goals.
Comprehensive Visibility into Cyber Risks with Intuitive Dashboards and Reports
MetricStream's IT and Cyber Risk Management software provides comprehensive visibility into cyber risks through built-in dashboards, user-configurable risk reports, heat maps, and role-based views. These features aggregate relevant risk, threat, vulnerability, and control data, offering organizations a 360-degree view of their security posture. Users can gain insights and make informed decisions based on the product's data browser, helping them understand the top cyber risks affecting the enterprise.
Enhancing Business Confidence and Efficiency
By utilizing MetricStream's IT and Cyber Risk Management software, organizations can build confidence with regulators and executive management by demonstrating a robust, enterprise-level approach to cybersecurity risk management and business resilience. Real-time visibility into cyber risks, threat exposure, and mitigation measures allows for improved decision-making and reduced IT risks and threats. The software correlates vulnerabilities with IT assets, prioritizing remediation efforts based on criticality and efficiency. With accurate and timely insights from the first and second lines of defense, organizations can significantly enhance their cybersecurity posture and operational efficiency.
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