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Cyber and IT Risk Management

Download this datasheet to understand how STREAM can help you effectively manage cyber and IT risks in your business.

Cyber and IT Risk Management

Cyber risk and IT management:
Prepare and protect your business

With new cyber threats emerging daily, it’s imperative to have a clear line of sight into your cyber and IT exposure. With such visibility, you can transform chaos into actionable risk intelligence.

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What does ‘good’ look like?

A good risk management program provides business leaders the knowledge they need to make risk-informed strategic decisions that increase organizational resilience. While avoiding all breaches may not be possible, companies can establish risk tolerance levels and manage activities accordingly. A well-considered risk-management strategy allows a business to prioritize investments in programs that will have the greatest impact on reducing risk while still meeting business objectives.

  • Resilience to loss events.
  • Effective & efficient use of resources.
  • Optimized spending.
  • Justified and comprehensible investment.
  • Risk informed decision making.
  • Continuous optimization.

Datasheet

Cyber and IT risk management

When it comes to cyber security, there can be no cutting corners. You must understand and recognize any and all of your organization’s risks to stay secure and compliant. In anticipation of cyber security vulnerabilities, you need an automated method of processing and reporting dangers and threats. STREAM’s Cyber Risk Management application is purpose-built for cyber security, including all stakeholders across the enterprise in the cyber operating model. Once in place, STREAM empowers your enterprise to align its enterprise risk management framework with its business risk tolerance.

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Processes and features

Cyber and IT risks are continual. They change shape, rise and fall as risk factors change. Organizations need to operationalize risk management so management can see where risk levels have exceeded established tolerances and initiate appropriate action. Here are the steps involved in managing cyber and IT risks using STREAM.

gain-visibility

Gain visibility

See all the risk factors and correlations your organization faces, updated automatically as they change.

measure-the-risks

Measure the risks

Using configurable quantitative, qualitative or mixed-mode risk assessments, determine how significant each risk is.

test-for-tolerance

Test for tolerance

Compare the risk profiles against your organization’s risk tolerance standards.

validate-effectiveness

Check best practices

Plan your response by checking pre-configured catalogs detailing best practices for known threats.

prioritize-your-responses

Prioritize your responses

Use risk-based prioritization automation to address risks in order of significance.

plan-security-investments-based-on-ROI

Plan security investments based on ROI

Improve security readiness with ROI-based analysis of security investment options.

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