Secureframe

What is Secureframe?

Secureframe's Risk Management solution is an AI-powered tool designed to automate the assessment and management of risks within an organization. It aims to streamline the process, save time, and reduce costs associated with maintaining a robust risk management program. The tool utilizes the ISO 27005 methodology to assess risks effectively, enabling informed decision-making for security compliance programs. Users can assess risks, document treatment plans, and align with frameworks such as SOC 2, ISO 27001, PCI, and HIPAA. The solution includes features like risk library with NIST scenarios, tracking changes to individual risks, and customizable options for risk categorization. It also provides intuitive dashboards for real-time monitoring of an organization's risks, aiding in the communication of the risk management program's health to stakeholders.

Who created Secureframe?

Secureframe Risk Management was launched on October 23, 2023. The company was founded by a team of experts with more than 300 years of collective compliance and audit expertise. Secureframe's mission is to empower businesses to build trust by providing end-to-end compliance solutions that meet the most rigorous security and privacy standards. The company is backed by investors such as Kleiner Perkins, Gradient Ventures, and other prominent venture capital firms.

What is Secureframe used for?

• Automated assessment and management of risks in an organization
• Saving time and reducing costs associated with maintaining a strong risk management program
• Following the ISO 27005 methodology for risk assessment
• Assessing and documenting treatment plans to meet criteria for frameworks like SOC 2, ISO 27001, PCI, and HIPAA
• Tracking changes made to individual risks and viewing snapshots of the risk register
• Linking controls to known risks for coordinated risk management strategies with compliance requirements
• Assessing residual risk and identifying gaps in the risk management program
• Offering customization options for scoring scales, risk score groups, and custom tags to categorize risks
• Providing intuitive dashboards to visually monitor an organization's risks over time
• Facilitating easy communication of the health of the risk management program to executives, auditors, and other stakeholders
• Automates the assessment and management of risks in an organization
• Saves time and reduces costs associated with maintaining a strong risk management program
• Follows the ISO 27005 methodology for effective risk assessment
• Assists in meeting criteria for frameworks like SOC 2, ISO 27001, PCI, and HIPAA
• Contains a risk library with NIST risk scenarios for tracking various risks
• Enables tracking changes to individual risks and snapshots of the risk register
• Links controls to known risks for coordinated risk management strategies
• Helps in assessing residual risk and identifying gaps in the risk management program
• Offers customization options for scoring scales, risk score groups, and custom tags
• Provides intuitive dashboards for visual monitoring of an organization's risks over time

Who is Secureframe for?

• IT professionals
• Compliance Officers
• Security professionals

How to use Secureframe?

To effectively use Secureframe's Risk Management tool, follow these comprehensive steps:

1. Automated Risk Assessment: The tool utilizes AI to automate risk assessment and management processes in your organization, helping save time and reduce costs associated with robust risk management programs.

2. ISO 27005 Methodology: Secureframe follows the ISO 27005 methodology to assess risks in your environment accurately, enabling informed decisions for your security compliance program.

3. Framework Compatibility: Assess and document treatment plans to meet standards such as SOC 2, ISO 27001, PCI, and HIPAA. The tool includes a risk library with NIST scenarios for easy tracking of risks.

4. Risk Management Strategies: Link controls to identified risks for coordinated risk management strategies, aiding in compliance requirements and assessing residual risk.

5. Customization Options: Customize scoring scales, risk groups, and utilize custom tags to categorize risks as per your business requirements, ensuring flexibility within the tool.

6. Intuitive Dashboards: Access intuitive dashboards that visually monitor risks over time, displaying heat maps, trend charts, summary tables, and more for effective risk monitoring and communication.

7. Enhanced Security Posture: Document changes made to risks, view risk register snapshots, and demonstrate security posture enhancements, providing transparency and accountability.

8. Track Progress: Monitor individual risks, demonstrate steps taken to enhance security, and ensure compliance with standards like SOC 2, ISO 27001, PCI, and HIPAA effectively.

9. Demonstrate Compliance: Utilize the tool to link controls to known risks, enabling a holistic approach to risk management aligned with compliance requirements.

10. Residual Risk Assessment: Assess residual risk levels, identify gaps in the risk management program, and make informed decisions to mitigate risks effectively.

By following these steps, organizations can harness the power of Secureframe's Risk Management tool to streamline risk assessment, enhance security posture, and ensure compliance with industry standards effectively.