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Risk Management

Definition

A Risk Management solution offers the possibility of identifying most critical IT risks in an organization and provides a remediation solution by automatically collecting configuration data from firewalls, routers, load balancers as well as from threat feeds, vulnerability scanners, patch management solutions and more. It turns this data into real actionable information by creating a risk assessment from the attackers point of view.

 

User Benefits

This solution can identify and prioritize vulnerabilities that can be exploited by an attacker, an automated risk assessment process can be created and attack scenarios can be simulated identifying potential impact.

 

Business Impact

By implementing this solution an organization can quantify the level of risk and dramatically reduce the risk exposure time. Also, the before and after impact of security programs to risk level can be demonstrated.


Products supporting this technology

As cyber threats continuously evolves in complexity and ingenuity, organizations and government agencies cannot ignore these threats as they present serious economic and national security problem. To better identify, prevent and predict malicious attacks, IT managers need to have best view of their networks to quickly identify and prioritize potential security issues. After these threats are identified, preventive actions should be taken to reduce or even eliminate security risks.

IT security managers can easily become overwhelmed by numerous threat alert sources that provides continuous vulnerability information on latest threats, so there comes the necessity of a security tool that can help them concentrate on really important threats in their organizations.

A good Risk Management solution can identify potential risks based of network model and is a very useful weapon for those in first line of security in battle against cyber crime.

It automatically collects configuration data from firewalls, routers, load balancers as well as from threat feeds, vulnerability scanners, patch management solutions and more. Containing information about assets and a relative value of each system, risks can be ranked and prioritized. A virtual network model is created and an IT risk assessment is done from the attacker point of view. Access paths and security gaps to critical assets are identified and remediation alternatives are offered to security managers.

Some benefits that can be achieved by implementing a Risk Management solution:

-          Detailed model of network infrastructure with access paths and potential threats highlighted

-          Risk prediction and potential business impact by simulating attack scenarios and “what if” analyses

-          Automated vulnerability management process

-          Risk metrics and risk prioritization

-          Out-of-the-box correlation of vulnerability data with network topology

-          Manual or automated collection of vulnerabilities, policy and threat information

-          Reports generated for managers, auditors and administrators

-          PCI DSS compliance reports

This solution can offer organizations a big picture of network security status and highlights key performance indicators and security alerts. Vulnerabilities are identified through entire infrastructure and are prioritized by criticality and asset risk level with automated threat ranking system.

The possibility of automatically collecting configuration data of network devices, network topology,  threats and vulnerabilities under same umbrella really helps organizations understand cyber security risks they are exposed to.