FixNix Blog

TraceSecurity and Rapid7 Partner to Add Value for Shared Customer Base

Dec 11, 2014 11:04:48 PM / by Shanmugavel Sankaran posted in fixnix, Governance, grc, trace security, Blog, compliance, Rapid 7, risk

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Ecuador-Based Banco Pichincha Chooses MetricStream GRC Cloud for Business Continuity Management

Dec 9, 2014 11:18:04 PM / by Shanmugavel Sankaran posted in fixnix, FixNix GRC, Governance, grc, incident management, Metric stream, Risk Management, asset management, audit management, BCM, Blog, compliance, risk

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The largest private bank in Ecuador, Banco Pichincha, has selected MetricStream to provide a multi-lingual cloud-based solution for Business Continuity Management (BCM). MetricStream’s solution will help minimize the impact of business disruptions as well as aid in crisis and incident management planning by streamlining and automating the BCM lifecycle. It will also provide an integrated framework to collaboratively manage all BCM processes, including Business Impact Analysis (BIA), Business Continuity Planning (BCP), testing of plans, and issue management and remediation based on test results. The solution will be rolled out in Spanish to support local users.

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Only 24% of top companies have risk management committees: Grant Thornton

Dec 8, 2014 11:30:12 PM / by Shanmugavel Sankaran posted in fixnix, FixNix GRC, Governance, Grant Thornton, grc, incident management, Risk Management, asset management, audit management, BCM, Blog, compliance, policy management, risk

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Misys Increases Its Dominance in the 2014 Risk Technology Rankings As the Overall Winner in Enterprise-wide Risk Management

Dec 8, 2014 1:30:56 AM / by Shanmugavel Sankaran posted in fixnix, FixNix GRC, Governance, grc, incident management, Misys, Risk Management, asset management, audit management, BCM, Blog, compliance, policy management, risk

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Misys Overall winner for market, credit, counterparty, liquidity, aggregation and Basel III and first place in eight other categories

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Announcing the MetricStream GRC Summit 2015 in Washington DC

Dec 5, 2014 3:22:12 AM / by Shanmugavel Sankaran posted in fixnix, Governance, grc, GRC summit 2015, Metric stream, Blog, compliance, risk

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The highly anticipated MetricStream GRC Summit 2015 will bring together GRC executives, analysts, and practitioners as well as several distinguished CEOs, board directors and government officials.

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The three steps you should take to avoid a costly data fine

Nov 28, 2014 11:08:57 PM / by Shanmugavel Sankaran posted in fixnix, FixNix GRC, FixNix GRC cloud, Governance, grc, ICO, Blog, BYOD, compliance, COPE, Data Protection, risk

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The increase in corporate mobile device use, fuelled by Bring Your Own Device (BYOD) and advances in technology, means there are many more ways in which data can be lost, whether through employee mistakes or malicious theft and sale of confidential information.

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Tier-3 builds on strengths in analytics, compliance, automation and incident response with Huntsman® 5.75

Nov 28, 2014 10:58:05 PM / by Shanmugavel Sankaran posted in fixnix, FixNix Security, Governance, grc, Huntsman, incident management, Risk Management, Tier-3, audit management, BCM, Blog, compliance, risk

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Tier-3 Pty Ltd, a leading vendor of Security Information and Incident Management software, and manufacturer of Huntsman® technology today released the latest version of its market leading Defence-grade Huntsman® cyber security monitoring solution.

Huntsman® provides real-time threat detection, true behavioural anomaly detection, context awareness, threat intelligence and comprehensive incident management capabilities that allow organisations to detect, prioritise and respond to both known and unknown security threats in real-time.

Huntsman® 5.75 includes live Governance Risk and Compliance (GRC) dashboards that provide a real-time, live view of security compliance status across an organisation. The dashboards are configurable, hence enabling operations as well as senior management stakeholders immediate clarity around key business risk areas aligned to the standards they must meet.  For the managed security service provider (MSSP) and cloud provider market this technology can also deliver a view of security, risk and compliance across multiple customer environments or systems from a single, continuously updated display.

Turning security and system data into actionable business information is a key capability of the Huntsman solution.

The latest version also adds a completely new alert tracking capability that allows complete control, customisation and embedding of the escalation and support workflow covering threat detection, triage, analysis investigation and resolution into the Huntsman alert handler and Incident Management interface.

“Many cyber security monitoring solutions see the point of detection as if it is the only thing that matters; for analysts that is just where the hard work starts,” said Piers Wilson, Tier-3’s Head of Product Management. “Huntsman’s ability to manage detected alerts, support automated workflows and enrich data throughout the incident lifecycle means bringing the time to threat resolution right down to give senior management complete visibility of their current status.  This really sets us apart.”

In addition, Huntsman® 5.75 has extended its threat context and threat intelligence functionality, providing even greater accuracy when identifying potentially dangerous known and unknown threats.  It also provides several process, operational and time saving enhancements for security analysts that allows them to concentrate on their key task: protecting the organisation.

“Industry experts agree that these enhancements are a key technical differentiator and we believe that this update reinforces the position of Huntsman® at the vangurad of the cyber security market,” added Piers Wilson. “Too many security solutions protect only against known threats, which have already been identified. Huntsman® plays a vital role in protecting against unknown threats that cannot, by their very nature, be easily recognised or predicted.”Huntsman 5.75® is available now across all territories.

source : businesscomputingworld.co.uk

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LockPath and Tripwire Enhance Risk and Vulnerability Management Programs With New Integration

Nov 21, 2014 12:21:49 AM / by Shanmugavel Sankaran posted in fixnix, Governance, grc, IP360, Keylight, KPI, KRI, Lockpath, Risk Management, Tripwire, Tripwire® IP360™, asset management, audit management, BCM, Blog, compliance, risk

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LockPath

LockPath, today announced a new integration with technology partner, Tripwire, the leader in advanced threat, security and compliance solutions. The integration between LockPath's Keylight™ platform and the Tripwire® IP360 vulnerability and risk management system will help mutual customers become proactive in risk and vulnerability management activities and streamline the remediation processes.

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Skye Bank wins ‘Best Bank in risk management’

Nov 21, 2014 12:09:26 AM / by Shanmugavel Sankaran posted in fixnix, grc, Risk Management, skye bank, banks, Blog, Nigeria Risks Awards

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Skye Bank Plc has won the “Best Bank in Nigeria in Risk Management” in recognition of the bank’s strides in strengthening its risk management framework and system. The bank won the award at the recent ‘Nigerian Risk Awards’.

The Nigerian Risk Awards (NRAs) was conceived by Conrad Clark Nigeria Limited in collaboration with Business Day and the UK Institute of Risk Management.

A statement from the bank noted that the Nigeria Risks Awards is dedicated to recognising and reviewing organisations and individuals who have achieved measurable results through the effective implementation of enterprise risk management principles with particular emphasis on those who have developed creative and innovative solutions in overcoming the challenges facing businesses and organisations in Nigeria.

On the rationale for conferring the award on the bank, the awards organizer’s noted that Skye Bank had a robust and effective enterprise risk management structure which is capable of building a healthy institution on the long run.

The Award Night featured presentation of papers by experts on Business, Political and Health Risks, networking opportunities, Risk ‘Edutainment’ and many more.

It will recalled that the Lagos State Safety Commission also conferred the award of “Most safety friendly bank’ on Skye Bank this month on account of the bank’s policies and position on safety.

At the award ceremony, the Director General of the commission, Mrs Doming Odebunmi, described Skye Bank as methodical and compliant on safety issues, in addition to supporting institutions with the mandate to ensure and promote safety.

source : tribune.com

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Risk management – fed up with compliance yet?

Nov 10, 2014 10:47:03 PM / by Shanmugavel Sankaran posted in FixNix GRC, Governance, grc, incident management, Risk Management, asset management, audit management, BCM, Blog, compliance, risk

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compliance

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