WCK GRC is a unified cyber risk and compliance management solution that can present actionable business intelligence to the CEO, CIO, CISO, CRO, Compliance Officer and other company executives.
Most enterprises recognize that the risk and compliance process calls for automation. They understand that their existing office and spreadsheet solutions do not provide the management insight they need from the’ the large amount of findings collected from reviews, audits and automated tools.
But GRC software has gotten a bit of a bad reputation, largely due to:
On the one hand, e-GRC tools provide a solid, top-down approach to enterprise risk management – but lack the ability to incorporate detailed technical findings
On the other hand, IT-GRC tools provide technical depth – but lack the ability to reflect how detailed findings affect critical business services and processes,
WCK both simplifies and enhances risk management by taking an innovative approach.
The heart of the system are assets and their dependencies. Most GRC applications are control-based or risk and control based. Of course, WCK fully supports risks and controls, but it is built on an asset-based approach. An asset type can be anything:
The WCK Designer – allows users to visually draw the relationships between assets, or import them into the software. The result is far more than just a pretty picture! The picture represents a logical structure. The software analyzes the dependencies between the multiple business, technical and physical assets in the picture and uses these dependencies as part of its risk aggregation and analysis.
WCK Dependency Maps - display how risks cascade across an organization between its assets and color codes the riskiest assets in shades of red.
How can your organization benefit from the asset–based approach to risk and compliance? The approach allows you to implement your GRC incrementally, step by step, without the need for large-scale modelling and customization.