Traditionally, risk management has been driven by periodic, essentially static compilations and reviews of an organization’s compliance, C&A, and device security status. It has been to a great extent an audit oriented approach focused on assets isolated by function or geography and constrained by both the breath and timeliness of quantifying and qualifying capabilities.
Enterprise Risk Management (ERM), by contrast, seamlessly and continually addresses the entire risk horizon across all categories of vulnerability, namely; Information Technology (IT) Risk, Operational Risk, Regulatory Compliance Risk, Financial Risk and Reputational Risk. The solution collects, monitors, assimilates and reports in a real-time, continuous capacity such that an organization is acutely aware of not only immediate disruptions or threats, but afforded the granularity of information to formulate a prescient view of conditions and possible events.
ERM brings together advances in a variety of enterprise IT hardware and software approaches, to include sensor standardization and integration, cloud computing and big data storage/retrieval.
Virtustream Security Solutions offers enterprise risk management, cyber situational awareness and regulatory compliance solutions for both commercial and public sector enterprises.