Acuity Risk Management

Are you

88%

of UK companies have suffered breaches in the last year.

Source: The International Centre for Trade and Sustainable Development (ICTSD)

Secure By design

The National Cyber Security Centre (NCSC) highlights 5 principles for cyber secure systems ‘by design’:

1. Establish the context before designing a system
2. Make compromise difficult
3. Make disruption difficult
4. Make compromise detection easier
5. Reduce the impact of compromise

This approach, focused on preventing and protecting from a breach rather than repairing and restoring after an incident has occurred, is not possible without a risk-based approach to cyber security. Risk identification is a primary component of any effective risk management and security strategy, as well as being a continual process that requires real-time visibility into the risk posture of the organisation. The identification and mitigation of risks also requires the ability to be agile and adapt to dynamic conditions and varying priorities and objectives, as both the organisation and the risks it is exposed to are continually changing.

About STREAM

Get a dynamic view of risk

Spreadsheets and legacy GRC platforms can’t provide the agile, responsive, real-time visibility of risk that is demanded in the modern world.

STREAM  is a centralised and easy-to-use Integrated Risk Management platform, designed by risk professionals for risk professionals.

Through centralisation and automation of risk management and compliance, STREAM eliminates guesswork, reduces manual processes, communicates risk in business terms and builds stakeholder confidence.

The platform

The ease-of-use and built-in risk management analytical tools in STREAM make it possible for everyone to do their part and recognise that only with a coordinated, consistent effort across the organisation can risk be properly managed.

STREAM helps risk teams give their Boards the best insights into the issues faced in managing risk.

Spreadsheets to software - why?

All of the limitations of spreadsheets in risk management are fully addressed with a risk management platform like STREAM. A centralised, easy-to-use platform is designed so that there’s only one copy, continually updated by everyone with a risk management role, rather than multiple versions that may or may not be fully updated.

Also, beware of GRC or Integrated Risk Management platforms that simply automate spreadsheets. These do not have the capabilities to address the new risks to business for the 2020s, as they can not adapt to the changing risk environment or have the required flexibility. Cyber, privacy and vendor risks require specific attention but the Board wants an overall consolidated view of risk status across all material enterprise risks so that it can prioritise and allocate resources accordingly – this is not only possible, but also automated in STREAM.

WHY STREAM?

Centralise

Bring together all the data required to understand risk status in the context of threats to business outcomes.

Automate

Update your risk status and workflows automatically, get a full and accurate view of your exposure and prepare for mitigation.

Quantify

Understand potential financial loss exposure and appraise cyber security investments. STREAM supports Open FAIR ™ methodology.

Report

Know your risk with accessible and configurable reporting that allows for user-specific dashboards and permission-based viewing.

Let's talk cyber:

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