BURLINGAME, Calif.,
Jan. 26, 2021 /PRNewswire/ -- Tugboat
Logic, the leading security assurance company, today announced the
launch of its Risk Assessment Module. The solution streamlines risk
assessments by identifying, evaluating, addressing and monitoring
risks with the help of automation.
Click to Tweet: @tugboatlogic Unveils
First-of-its-Kind #RiskAssessment Module:
https://www.tugboatlogic.com/risk-assessment/
Organizations of all sizes often struggle with myriad
complexities when it comes to identifying risks and ensuring
compliance. Tugboat Logic's Risk Assessment Module is a proprietary
solution aimed at streamlining this process and improving the
overall accuracy of the risk assessment by providing guidance to
customers on which IT and security risks to consider and how to
best mitigate these risks. It also automatically tracks compliance
of mitigating controls.
The Tugboat Logic Risk Assessment Module provides businesses
with improved accuracy through:
- Automated risk identification: Prebuilt library of risks
tied to an organization's unique strategic objectives helps bring
attention to key areas of concern. The Risk Identification Survey
will assist businesses through the overwhelming and tedious phase
of the risk assessment.
- Automated mitigating controls recommendation and
tracking: Tugboat Logic's recommended mitigating controls for
reducing the likelihood or impact of risks are mapped to industry
frameworks like SOC 2, ISO 27001, PCI DSS, and NIST CSF.
- Real-time risk register: Tugboat Logic's Real Time Risk
Register automatically checks to see if all of the appropriate
mitigating controls have been implemented, and if evidence has been
collected to prove the controls are operational.
- Automated evidence collection: A report of the risk
assessment is created that can be readily shared with an
auditor.
- Management-level reports: A report summarizing the
critical risk management metrics is compiled for easy sharing with
management.
Ray Kruck, founder and CEO,
Tugboat Logic, said: "Startups that are new to audits and risk
assessments need a solution to simplify the process and ensure it's
done correctly. Late-stage companies want to both streamline the
risk assessment process and have a way to monitor the execution of
their mitigating controls. With the launch of our Risk
Assessment Module, customers will have immediate visibility into
all the risks unique to their business."
About Tugboat Logic
Tugboat Logic is the Security Assurance Platform that provides
continuous compliance. Tugboat Logic provides automated technology
to demystify the process of creating and managing an InfoSec
program. With Tugboat Logic, companies can quickly get secure and
prove it to customers. Powered by AI, Tugboat Logic's
patent-pending technology automates InfoSec policy creation, audit
readiness, and security questionnaire response so companies can
gain trust with customers and sell more. Tugboat Logic helps
businesses prepare for audits in half the time and at a fraction of
the cost, ensures they can respond to security questionnaires in
minutes (not hours), and builds and scales their InfoSec plan in
minutes. https://www.tugboatlogic.com/
PR Contacts:
Shyna
Deepak
Nadel Phelan, Inc.
1-831-440-2408
shyna.deepak@nadelphelan.com
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SOURCE Tugboat Logic