About Acuity risk management
Acuity Risk Management: Streamlining Cyber and Operational Risk Management
Acuity Risk Management is a leading provider of innovative risk management solutions that help businesses identify, assess, and manage cyber and operational risks. The company's flagship product, STREAM (acronym for Strategic, Tactical, and Operational Risk Management), is a cloud-based software-as-a-service (SaaS) platform that provides organizations with a clear line of sight into their risk landscape.
With the increasing frequency and severity of cyber attacks, data breaches, supply chain disruptions, regulatory compliance requirements, and other business continuity threats facing organizations today, it has become imperative for companies to adopt a proactive approach to risk management. Acuity's STREAM platform enables businesses to do just that by providing them with real-time visibility into their risk posture across all levels of the organization.
The STREAM platform offers a comprehensive suite of features designed to streamline the entire risk management process from identification to mitigation. These include:
Risk Assessment: The platform allows users to conduct comprehensive assessments of their cyber and operational risks using industry-standard frameworks such as ISO 27001/2, NIST CSF/800-53/SP 800-30/39/53A/B/C/D/E/F/G/H/I/J/K/L/M/N/O/P/Q/R/S/T/U/V/W/X/Y/Z/ZA/ZB/ZC/ZD/ZE/ZF/ZG/HIPAA/HITRUST/SOC 1/2/3/COSO ERM/FedRAMP/CMMC.
Risk Treatment: Once risks have been identified and assessed using STREAM's intuitive interface or via integration with third-party tools such as Archer or ServiceNow GRC modules), users can then prioritize them based on severity level or likelihood of occurrence. They can also assign ownership responsibilities for each identified risk item.
Risk Monitoring: With real-time dashboards displaying key performance indicators (KPIs) such as mean time between failures (MTBF), mean time to repair (MTTR), and other metrics, users can monitor their risk posture continuously. They can also receive alerts when risks exceed predefined thresholds or when new risks are identified.
Risk Reporting: STREAM's reporting capabilities enable users to generate customized reports on their risk posture, compliance status, and other key performance indicators. Reports can be exported in various formats such as PDF, Excel, or CSV for further analysis or sharing with stakeholders.
In addition to these core features, Acuity's STREAM platform also offers several advanced modules that cater to specific industry verticals such as financial services, healthcare, energy and utilities, government agencies and defense contractors. These modules include:
Vendor Risk Management: This module enables organizations to manage the risks associated with third-party vendors by conducting due diligence assessments of their security controls and compliance status.
Business Continuity Management: This module helps businesses prepare for unexpected disruptions by creating contingency plans that ensure critical operations continue even during a crisis.
Threat Intelligence: This module provides real-time threat intelligence feeds from multiple sources such as Dark Web monitoring services or open-source intelligence (OSINT) platforms.
Compliance Management: This module helps organizations stay compliant with regulatory requirements such as GDPR/CCPA/PCI DSS/HIPAA/HITRUST/SOC 1/2/3/CMMC/FedRAMP/Cybersecurity Maturity Model Certification (CMMC).
Acuity Risk Management has been recognized by leading industry analysts such as Gartner and Forrester Research for its innovative approach to risk management. The company has also won several awards for its STREAM platform including the Cybersecurity Excellence Award in 2020 and the SC Magazine Award for Best Risk Management Solution in 2019.
Conclusion
Acuity Risk Management is a trusted partner of businesses worldwide looking to streamline their cyber and operational risk management processes. With its cloud-based SaaS platform STREAM offering comprehensive features designed specifically for identifying assessing mitigating and monitoring risks, Acuity Risk Management is a leader in the risk management industry. The company's commitment to innovation and customer satisfaction has earned it recognition from leading industry analysts and numerous awards. If you're looking for a reliable partner to help you manage your organization's risk posture, look no further than Acuity Risk Management.