And ServiceNow and RiskLens are bringing FAIR to life through an integration of the ServiceNow GRC and RiskLens Platforms.

RiskLens is an enterprise ready, Software as a Service (SaaS) platform that enables Security and Risk teams to quantify and manage cyber risk from the business perspective. Purpose-built on the FAIR model, the RiskLens Platform integrates advanced quantitative risk analytics, best-practice risk assessment and reporting workflows; industry specific loss data, and data from your security ecosystem, into a unified suite of applications built specifically for business-oriented CISOs and CIROs.

Through the RiskLens integration, ServiceNow GRC customers are able to invoke quantitative risk assessments directly from ServiceNow and export results of the RiskLens analysis back into the GRC risk register, where they can be managed from the business perspective.

These results can be an analysis of the risk’s current state or a deeper analysis to evaluate risk reduction and mitigation options. Quantifying cyber risk in financial terms allows organizations to manage their cybersecurity programs from the business perspective, providing numerous benefits including the ability to make more informed decisions.

With RiskLens enabled in your ServiceNow GRC, the answers to all of the financially oriented cyber risk questions that currently baffle you are right at your fingertips.

Existing RiskLens subscribers can access the integration for free, and new customers can contact RiskLens for a demo to experience the benefits. The RiskLens integration is available on the ServiceNow Store.

by Bryan Smith, CTO of RiskLens

RiskLens is an IRM Ecosystem partner. Learn more at www.risklens.com or www.servicenow.com/grc

Labels:

• Integrated Risk Management (IRM)
• risk management