Reciprocity ROAR Platform Enables Companies to Mitigate Risk in Business Processes
Reciprocity announced its new AI-powered integrated risk observation, assessment and remediation (ROAR) platform, enabling companies to avoid, control and mitigate risks in business processes while delivering Clear, executive-level visibility into risk.
This real-time view of risk in the context of business operations gives security teams the actionable insights they need to avoid and mitigate risk and optimize security. Innovative new Reciprocity ROAR platform enables enterprises to protect their most valuable assets, quantify the value of security investments, accelerate business initiatives, and effectively inform management of risk levels and improvements .
As cyberattack rates continue to rise, businesses need better ways to protect themselves, at all levels of the business. For InfoSec teams to prevent an attack before it happens, they must have a clear understanding of the impact of risk on every aspect of the business at the project level so they can respond appropriately. However, this is not possible with the single risk register approach offered by traditional governance, compliance and risk management (GRC) and information technology risk management (ITRM) tools. . The Reciprocity ROAR platform solves this problem, enabling companies to track, manage and mitigate risk at the business project level and at the overall enterprise level.
“The imbalance between growing threats and lack of trust puts pressure on security and InfoSec teams to clearly communicate risk in a way that enables leaders to make informed decisions that weigh risk tolerance, cost and value,” said Michael Maggio, chief product officer for Reciprocity. “Compliance checks are a good first step to reducing risk, but they are not enough on their own. Reciprocity is the first IT and cyber risk provider to seamlessly combine risk, compliance, and business objectives into a single, real-time contextual view. By simplifying the journey from compliance to effective information security, we break down traditional silos between risk and compliance to provide a unified, real-time view that guides decision-making and makes it easier for key stakeholders to be informed.
The Reciprocity ROAR platform enables the creation and management of cyber insurance programs that unify compliance, risk, and other requirements around business objectives, making it easy for organizations to gain clear, actionable insights into the business context. The platform provides prescriptive guidance for selecting the right combination of requirements and pre-loaded content, within a single, unified solution. The result is optimized data evidence, control, and reuse, which reduces the complexity and resources required for effective risk management.
The Reciprocity ROAR Platform’s AI engine automatically establishes relationships between assets and business processes, controls and risks to intelligently deliver an automated risk posture and maximize reuse, while continuously monitoring any changes that may negatively impact this risk posture and providing recommendations for treatment plans. Workflows within the platform are automatically initiated when schedules are set, and integrations with major enterprise systems provide automatic access to information. This pervasive automation enables organizations to take effective action quickly, increase efficiency, and maximize employee talent.
The Reciprocity ROAR Platform powers the company’s new suite of advanced risk and compliance applications to provide integrated building blocks for cyber insurance programs, including:
- ZenComply: Reciprocity ZenComply reinforces the role of compliance in security, delivering a fast, prescriptive, and content-rich experience that combines expert guidance, automation, and intelligent collaboration. An AI-powered backend maps over 10,000 content objects into frameworks, threats, and risk registers, automating calculations and establishing key relationships. The app provides real-time insights, accelerating compliance and reducing IT and cyber risks.
- ZenRisk: Reciprocity ZenRisk provides actionable insights in the context of business priorities to help organizations effectively avoid and mitigate IT and cyber risks. With expert-provided content, predefined scoring methodologies and mapped controls, risks and threats, and ongoing residual risk scoring, Infosec teams can stay ahead of threats and prioritize activities to drive business results while optimizing security.
“The Reciprocity ROAR platform will allow us to strengthen and align our security roadmap,” said Jay Richardson, CISO for PrimeRevenue. “The visibility of having a single point connected to our assets will allow us to evaluate the operations of different programs. Additionally, it will give us something to show our board of directors and help guide our business decisions by considering risk in the context of other processes and activities. »