Scrut Automation launches Risk Management for Cloud-Based Companies

Larger organizations use legacy Enterprise Risk Management (ERM) tools to manage the risk assessment and management processes, but these are difficult to adopt for mid-market SaaS and Fintech companies and often lack relevant integrations.

Scrut Risk Management is an advanced, easy-to-use, lightweight product that aims to help its customers gain complete visibility into their risks, allowing them to prioritize and manage risks better. Scrut Risk Management does so through:

Automated risk identification: Prebuilt library of risks guides organizations in identifying relevant risk areas and uncovering often-overlooked risks.

Ready Integrations: With out-of-box integrations, the tool connects across an organization's application landscape to identify potential risk areas.

Real-time risk register: A real-time risk register gives a comprehensive view of all organizational risks, strategies and actions adopted to manage them, and residual risks.

Mitigating controls monitoring: The tool has automated workflows for tracking the implementation of and evidence collection for mitigating controls.

Risk assessment reports: The tool generates automated risk assessment reports that can be readily shared with compliance auditors for SOC 2, ISO 27001, PCI DSS, GDPR, and other infosec frameworks.

Kush Kaushik, Co-founder of Scrut Automation, said: "Legacy enterprise risk management tools are bulky to use and often overkill for growth stage and mid-market startups. Scrut Risk Management is built to bring enterprise-grade risk assessment to this segment through an automated risk observatory around multiple cyber assets, processes, and endpoints."

For more on Scrut Risk Management, please visit their blog post.

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