As organizations continue to evolve at a rapid pace it’s increasingly difficult for organizations of all sizes and industries to demonstrate compliance, best practices, and third-party requirements., they are faced by the changing environment of more cyber security risks, continuously changing regulations and the momentum of cloud computing in their business, IT and support functions. Technology innovations may have opened up new opportunities for businesses, but it has also made them more vulnerable to various kinds of risks by the migration to cloud computing, Internet of Things (IoT), and mobile applications. For instance, companies are now reporting a growing number of cyber-attacks and partner mandates, forcing them to increase spending and hire specialists that are in short supply to help them implement more efficient robust risk management solutions. One leader among them is Allgress, a company providing, Governance, Risk, and Compliance (GRC) solutions to strengthen enterprise risk management (ERM) capabilities without the typical cost and complexity challenges found in other solutions.
The company has been delivering Allgress Business Risk Intelligence solutions to effectively reducing evolving customer and partner risks requirements by improving the effectiveness of security, compliance, and partner risk through an integrated and unified approach. With its extensive experience in corporate risk management, Allgress understands the importance of risk control processes and stays focused on helping organizations and their partners design and implementing automated enterprise-wide approaches to risk management. Since the inception of the company in 2008, Allgress has been a pioneer in simplifying IT security, compliance and risk management, helping companies better manage security risks and compliance.
The company has been one of the leading providers of advanced automated business risk management solutions in the industry. The Allgress platform is designed to use advanced automation rules combined with Machine Intelligence that consumes feeds from customers’ existing solutions then assess them to meet their desired risk posture. With its extensive library of regulations and best practices, customers have first-hand access to out-of-the-box-content that they can later modify according to their specific risk requirements. After adding cross-mapping features, customers get the advantage of meeting several regulations automatically to create a clear picture of how they can effectively maintain their risk and compliance posture, saving a significant amount of time, effort and cost.
One of many Allgress’ core strength is in maintaining a higher level of trust with its customers and partner community. The company’s pragmatic approach to risk management has made it one of the most respected GRC solutions providers in the market. The company’s vision to tackle enterprise risk in innovative ways has helped its customers to avoid serious risks in their environment that could cause financial losses, fines, damage to their reputation and brand. It helps its customers with a great range of products and services that are implemented as they require them. Gordon Shevlin, CEO, Allgress points out five key strengths where they have proved extremely impactful useful to its customers:
1. Time-to-value is critical in identifying cyber risks in days instead of weeks, months or longer
2. Helping visually communicate in terms of the business which is essential so executives, management and technical audiences can understand their risk posture in a language they understand so they can to prioritize potential risks and budget accordingly
3. Support their on-premise, migration to the cloud or hybrid environment to meet their business requirements
4. Allow organizations to configure the right GRC functions they need to support their risk management programs
5. Integration with their existing investments for best-of-breed functionality and encompassing risk management within a single console
Allgress is a global provider of award-winning cost-effective IT security, compliance and risk management solutions (GRC) for end-user organizations and 3rd party vendors. Allgress solutions allow organizations of all sizes to automate processes for the assessment, reporting, monitoring, risk exceptions and remediation of risks with more flexibility and less complexity. Unlike other similar solutions, the Allgress patented technology permits customers to derive quicker-time-to-value without an army of consultants
Gordon shares, “We started in 2008 by differentiating ourselves from other traditional automated GRC solution vendor by providing quicker time to value solutions in the market. Since then, we have continued down that road, adding more reusable content, additional automated features, and rules, a comprehensive risk register and patented best of class reporting and more integrations to other best-of-breed third-party solutions.
In the last few years, the company has extended their solutions to offer customers its award-winning platform in the cloud while retaining support for on-premise implementations. Allgress, AWS, and other partners have joined forces to offer a way to establish clear picture of adherence and mappings of common regulations, frameworks, and best practices. The company has grown the advantages of an extensible platform that included a central data repository, integrated workflow, reporting and incident management into an advanced automated business risk management solution that supports cloud environments along with machine and artificial Intelligence. The combination of our comprehensive content library, dynamic control mapping, rapid automated assessment solutions, and integration with third-party tools like AWS and others, has helped us to automate the entire risk management process by well over 50%. Our goal is to enhance our functionality to help customers get closer to further automate their business risk management closer to 100%,” says Gordon Shevlin.
Quotes: Allgress, AWS, and other partners have joined forces to offer a way to establish clear picture of adherence and mappings of common regulations, frameworks, and best practices.
The Allgress platform is designed to use advanced automation rules combined with Machine Intelligence that consumes feeds from customers’ existing solutions.