The new tool enables organizations to proactively assess their risk posture, monitor progress, prioritize risk, and develop effective mitigation plans supported by evidence.
Going Beyond Traditional MDR
The risk assessment service is also a key part of its managed cyber risk reduction (MCRR) platform that goes beyond traditional MDR, which includes identify, protect and recover capabilities, according to Critical Start’s web site. It arms security professionals, CISO’s and CIOs with accurate data, prioritized risk rankings and comprehensive mitigation reports to strengthen their organization’s cybersecurity posture, Critical Start said.
Explaining the new service, Chris Carlson, chief product officer at Critical Start, said:
“Many security professionals we speak with want to take a more proactive approach to cyber risk but are unsure of where to start. By launching our risk assessment offering, we are able to provide security leaders with prescriptive guidance on the actions that have the greatest risk impacts to help ensure the most cost-effective approach to reducing cyber risk.”
Here are some of the features of the cyber service:
- Designed to provide organizations with a tool to assess their cybersecurity status, regardless of their current stage in the cybersecurity journey.
- Users can opt for a quick start assessment to gain a high-level understanding of their risk profile, or a comprehensive risk assessment.
- The platform facilitates assessment comparison, reporting, tracking, risk rankings, and effective mitigation techniques for organizations.
- Prior assessments can be imported, streamlining the transition from manual or disparate processes.
More Benefits of Critical Start’s Risk Assessment
The key benefits of Critical Start’s Risk Assessment include:
- Assess current risk posture with industry peer benchmarking. Manage cyber risk assessments conducted by third-party and self-assessments, compare to industry peer benchmarking, identify risk reduction priorities, and measure improvements over time.
- Quantifiable answers remove subjectivity to accelerate assessment completion, simplifies evidence gathering, and normalizes results for industry peer comparisons.
- Identify risk reduction priorities in monetary terms to determine which risks to focus on first, and where to allocate cybersecurity resources for maximum impact.
- In addition to the National Institute of Standards and Technology Cybersecurity Framework (NIST CSF), risk assessments frameworks can be aligned to also include NIST 800-53, ISO 27001, CIS Critical Security Controls, SANS Top 20 Controls and more.
- Save money and effort by creating multiple types of assessments on one platform with data import, different reviewers and approvers, and built-in support for third-party professional services engagements.