5 Reasons to Stop Using Spreadsheets to Manage Risk

5 Reasons to Stop Using Spreadsheets to Manage Risk

Digital transformation was already well underway and with COVID-19, it’s now accelerating. What was a slow jog has turned into a full sprint with companies quickly adapting processes to meet the needs of the digital economy. However, many companies are continuing to rely on spreadsheets to store risk and compliance data.

In this whitepaper, we explore 5 key reasons to stop using spreadsheets to manage risk, and the additional threats this approach to risk management subjects businesses too. We also suggest a better and yet cost-effective alternative to spreadsheets.

Purpose-built for risk management from the ground up, Acuity’s STREAM platform provides an integrated view of risk bringing cyber risk together with IT and operational risks to provide a comprehensive view of risk and compliance across the enterprise. The platform models all of the complex relationships that exist in cyber security risk management and presents the results in business terms via an intuitive user interface such that security leaders and executives can make informed risk decisions. The executive team draws on its deep expertise and industry experience to continually innovate and help companies prepare and protect themselves while embracing digital transformation.

If you’d like more information on how Acuity and STREAM can help your organization manage risk and stay compliant with ease, you can contact us here, via email at [email protected]or by phoning +44 (0) 20 36985803.