Streamline Risk Assessments
Monitor, identify and evaluate risks automatically, then receive tailored suggestions to reduce risk across your organization.
The Challenge of Risk Assessments
Risk Assessments are mandatory for passing your audits and protecting your business from serious threats. It’s also one of the top reasons for delays in achieving SOC 2 and ISO 27001 certification. Not understanding the process can lead to no visibility and incomplete audits.
The Main Certification Delays Due to Risk Assessment Are:
Struggling to understand how to conduct a risk assessment
Submitting an incomplete risk assessment to your auditor
Doing a last-minute risk assessment and running out of time
AUTOMATED RISK ASSESSMENT PROCESS
Immediate Visibility Into All the Risks Unique to Your Business
Tugboat Logic guides you through conducting a risk assessment by providing recommendations of which IT and security risks to consider. It also teaches how to mitigate these risks and automatically tracks the compliance of mitigating controls. Only Tugboat Logic’s Risk Assessment Module provides you with:
- Automated risk recommendation library tied to strategic objectives
- Automated mapping of mitigating controls to risks to industry-standard frameworks such as SOC 2, ISO 27001, PCI DSS and NIST CSF
- Automated tracking for compliance of mitigating controls
ONLY A FEW CLICKS
How the Risk Assessment Module Works
With Tugboat Logic’s Risk Assessment Module, the risk assessment process is broken into five simple steps. Once you’ve completed this process, you’ll have a full understanding of all your risks, confidence that controls are in place, and peace of mind that it’s all being tracked in real-time.
Define Your Scope.
The Risk Identification Survey helps you define a custom set of risks based on your unique strategic objectives.
Your Risk Register will be auto-populated with a list of predefined risks based on Tugboat Logic’s library of IT, and security risks mapped to industry-standard frameworks, such as SOC 2, ISO 27001, PCI DSS, and NIST CSF.
Assess Risks Conduct.
An analysis of each identified risk, including evaluating the inherent risk, risk treatment, and residual risk, to establish a ranking of importance from most to least critical.
Identify Security Controls.
Analyze existing controls or leverage Tugboat Logic’s recommended mitigating controls to make this process faster and easier.
Monitor & Review.
Once the risks have been identified, assessed, and responded to, use the Tugboat Logic Real-Time, Risk Register, to get automatic tracking of the compliance status of your mitigating controls.
What You Get
Automated Risk Identification
Prebuilt library of risks tied to your unique strategic objectives.
Optimal Mitigating Controls
Automatically get control recommendations that reduce the likelihood and impact of risks.
Real-Time Risk Register
Automatic tracking of the compliance status of your mitigating controls.
Evidence of your risk assessment to share with your auditor.
Management Level Reports
A report of key risk management metrics to share with management.