IT Compliance Security Breaches are Expensive
Organizations today depend on their ability to collaborate, communicate and share information online via email and the web and emerging web 2.0 applications, blogs, and social networking sites to allow them to work in more proficient and inventive ways. Yet, these technologies also expose businesses and other organizations to a variety of new and emerging information security risks, like security breaches, data leaks and cyber attacks that are huge risks and liabilities to any organization. Security threats are causing huge losses in companies across the world. Corporations lose trillions worldwide as a result of data loss, both malicious and accidental. According to McAfee's Unsecured Economies Report businesses lose more than $1 trillion in intellectual property, due to data theft, trade secrets and cybercrime annually on a global basis. |
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| According to privacy rights Clearinghouse, the records of more than 158 million U.S. residents have been exposed due to security breaches since January 2005, i.e. more than half of the U.S. population. Without adequate compliance management and policies in place, organizations take on enormous long term risk at the expense of any short term cost advantages. |
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IT Compliance Challenges for Organizations
Businesses have diverse security needs with risk visibility and Identity and access management tools being the biggest security concerns. Research shows that majority of companies do not monitor security. The main reason being high TCO, lack of automation with poor risk management and a lack of adequate integrated solutions.
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Importance of Information Security - A Holistic Approach to IT Compliance
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In order to succeed in this new threat management environment, organizations require a unified security monitoring solution that allows their users to access applications and information where and when it is required, without exposing the organization to security threats, data loss and compliance risks. eGestalt's SecureGRC™, an automated and on-demand integrated IT security and compliance management solution, that provides end-to-end integration of security monitoring with IT Governance risk management and compliance (IT GRC) using a cloud based delivery model. SecureGRC™ solutions can be deployed on-premise or on a cloud-based Software-as-a-Service (SaaS). |
Why eGestalt's SecureGRC?
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- Completely Automated and Integrated Solution - Built in Framework support for RBI Compliance, NSE, BSE, MCDEX, PCI Compliance, ISO, COBiT, SOX, BASEL II, HIPAA Compliance, FISMA, country specific frameworks ready to use. Automation of all your security, compliance, audit, and risk management needs.
- Dramatically lowers Total Cost of Ownership - Up to 10X cost savings
- Complete Risk Management - Integrated dashboard. Provides ground up support for Cyber-security, IT operations, and compliance management
- Cloud based "pay –as – you –grow" delivery option- Provides 'Software as a Service' (SaaS) model with on-premises deployment or a completely on-demand cloud based service, requiring very low initial investment with high returns also ideal for small and medium
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Key advantages of SecureGRC
- Process and Automation: Bring process to the madness for faster regulatory compliance
- Governance and ROI: Define IT policies, processes and controls that are based on best practices to justify ROI
- Policy: Manage policy content and map policies to technical and process controls
- Flexibility: Easily adopt new governance requirements
- Reduction in TCO: Reduce manual process time through automation and governance
- IT Dashboard: Clear visibility, accountability and transparency
- Risk Management: Evaluate IT risk – this is the end game!!
- Combat Cyber-security – Proactive assessment, forensics, compliance and security
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| SecureGRC™ includes all security and IT-GRC functions required to be compliant with easy to adopt compliance management framework with ready to use frameworks, leading edge context based inference engines, most advanced alert processing and easy to use logging and monitoring solution. For more information Contact us |