This new approach seems to us to be right on target given the complex nature of risk in today's organizations. Not all risk is strictly digital. Digital risk must comingle with physical, legal and privacy concerns.
Atlanta, GA (PRWEB) December 16, 2014
Modulo, a leading provider of technology governance, risk and compliance (GRC) solutions, announced today that the company has been named a 2014 Industry Innovator by SC Magazine. This is the third year in a row that Modulo has been given this honor, which is assigned to only a handful of standout IT security products out of hundreds evaluated every year by the rigorous SC Labs.
Featured in SC Magazine’s 25th Anniversary Reboot 25 Edition, Modulo is recognized for defining GRC for many types of organizations. This year Modulo continues its evolution with the introduction of the concept of a digital risk officer that combines the attributes of the CSO, CIO, CISO and the chief privacy officer.
Peter Stephenson, SC Magazine's technology editor, reports: “This new approach seems to us to be right on target given the complex nature of risk in today's organizations. Not all risk is strictly digital. Digital risk must comingle with physical, legal and privacy concerns. It makes a lot of sense to bring all of these under a single person. However, that person is seriously challenged by the general absence of robust tools that take all forms of risk into account, collect digital data in near real time and apply a wide variety of policies to discern possible risk issues.”
Concludes Stephenson, “All-in-all, it's a strong package and shows a depth of industry understanding and response that we find refreshing."
“Over the last several years, Modulo has become increasingly focused on solutions for the security buyer. This focus has resulted in a broader and more mature set of solutions for what we now call the new generation security officer — those professionals focused on protecting companies from digital risk,” said Stephen Gant, managing director, International, Modulo. “Modulo has committed to working closely with these individuals to provide affordable and effective GRC solutions.”
SC Magazine notes several other Modulo Risk Manager capabilities as key to its innovation:
- Large number of supported devices
- Large collection of knowledge bases
- Approach that applies a capability maturity model
- Addresses emerging issues of social media, mobile devices, intelligence feeds, work flow management and incident management
- Integration and reporting architecture that brings all of the digital and non-digital pieces together so that the risk officer can see how these various areas impact each other
Modulo Risk Manager – which earned SC Magazine’s Best Buy this year and 5-Star rating for the past three consecutive years – offers a complete solution for automating GRC tasks associated with technology risk and security risk management, enterprise risk management, third party risk management, and business continuity management across the enterprise and extended enterprise of third-party relationships. Risk Manager is specifically designed “out-of-the-box” for IT, security, and compliance professionals looking to align security to their risk and compliance needs.
SC Magazine Innovator: http://www.scmagazine.com/2014-industry-innovators-security-infrastructure/article/384521/2/
SC Magazine Best Buy and 5-Stara Product Review: http://www.scmagazine.com/modulo-risk-manager-v84/review/4197/
Modulo is a leading global enterprise provider of technology governance, risk and compliance (GRC) management solutions. Hundreds of organizations around the world leverage the award-winning Modulo Risk Manager™ as a flexible and affordable approach to manage risk, compliance, and business continuity across the enterprise and extended enterprise of third-party relationships. Customers span the financial, health care, retail, manufacturing, higher-education, telecom, energy and government sectors and include BASF, BC Hydro, Commercial Bank of Dubai, Microsoft, New York University Medical Center, Synovus Financial, and Schlumberger. Modulo has earned industry recognition as both a 2012 and 2013 Innovator of the Year from SC Magazine, which also gave the company's products “5-Star” review ratings for three consecutive years.
Visit http://www.modulo.com and follow Modulo on Twitter @Modulo_Intl.