Risk Management Framework
Structured approach to identifying, assessing, mitigating, and monitoring risks within an organization
Compile All Your Risks
Risk Profiles Catalog compiles all your cyber risks and related information into one centralized repository, making it easy to access and analyze potential threats and vulnerabilities.
Pre-defined Risk Profiles
Essert provides templates. You may customize your risk profiles to industry standards, regulatory requirements, or unique business needs, ensuring a precise and effective profiling of potential risks.
Business Impact Analysis
Risk Profiles Catalog enables you to perform business impact analysis. It allows you to catalog consequences of identified risks profiles. Now you have the ability to prioritize risk mitigation.
Risk Profiles Catalog vs. Risk Register
Essert’s Risk Profiles Catalog is a dynamic and comprehensive catalog to manage and understand your cyber risks. A Risk Profiles Catalog offers a holistic view. It compiles information including descriptions, potential impacts, likelihood assessment, risk owners, mitigation status, controls map, vulnerability map, asset map, residual risk, and more. This depth implies nuances and more informed risk management.
A Risk Register is a traditional tool for risk management. It records risks with basic information such as risk names, brief descriptions, and perhaps an assessment of likelihood and impact. While a Risk Register offers simplicity, it lacks the depth and detail found in a Risk Profiles Catalog. It may not provide a comprehensive overview of the organization’s risk landscape, making it challenging to prioritize risks effectively or adapt to changing circumstances.
Essert’s Risk Profiles Catalog helps your organization create comprehensive risk models that incorporate what-if scenarios. This capability allows your business to proactively explore potential cyber risk outcomes, enabling you to make informed decisions and develop robust risk mitigation plans. By simulating different scenarios, you can better anticipate and prepare for a wide range of risks, enhancing cyber resilience in an ever-changing threat landscape.
Essert’s Risk Profiles Catalog makes it easy to map threats to risk profiles. We provide a way to visualize risk profiles, threats, and potential impact on your assets. This simplifies the understanding of complex cyber risks and provides effective communication and collaboration. By mapping threats and their relationships, businesses can prioritize their security efforts and allocate resources where they are needed most, ultimately strengthening their cybersecurity posture.
Our Risk Profiles Catalog streamlines the process of mapping controls and assets to identified risk profiles. This feature allows organizations to align their security controls with specific risks and assets, ensuring that protective measures are targeted and effective. By efficiently mapping controls and assets, businesses can optimize their risk management efforts, reduce vulnerabilities, and maintain compliance with industry standards and regulations. This not only enhances security but also supports cost-effective risk mitigation strategies.