Why use risk assessment software?

Companies starting out with an information security program often resort to spreadsheets when tackling risk assessments.

There are, however, a number of reasons spreadsheets aren’t the best way to go:

  • They’re prone to user input errors.
  • Setting them up and maintaining them for a risk assessment is difficult and time-consuming.
  • Finding relevant data in multiple tabs is cumbersome.
  • Sharing documents and methodologies between departments causes errors.
  • They don’t generate automated reports for
  • They don’t include built-in databases of threats, vulnerabilities, and risks.
  • They don’t automatically conform to ISO 27001 – you need expert knowledge to apply the requirements.

That’s why smart organizations tend to switch to a software solution where most of the work is already done for them.

vsRisk™ presents a simpler and faster way to conduct cybersecurity risk assessments. It also ensures compliance with the information security standard ISO 27001.

Spreadsheet-based assessments take time to complete and analyze, and the risk of getting it wrong is pretty big.

With vsRisk, you are assured of consistent, valid, and comparable results that can be repeated year after year.

In fact, vsRisk is so straightforward and quick to use that your consultant probably won’t tell you about it.

vsRisk 2.6 features a sample risk assessment, allowing the user to get started quickly by customizing and applying the example.

The sample provides a prepopulated list of assets, assigned to a standard set of asset owners, for a typical organization. Each asset also features a series of potential preassigned risks, as well as the corresponding controls from ISO 27001.

The software also helps users identify all the relevant threats and vulnerabilities, enabling them to have a greater visibility of the potential information security risks they face.

Its simple and user-friendly interface, combined with a dashboard and multiple types of reports, enables users to see critical risks that require immediate attention, due dates for the implementation of controls, and graphical charts about risk responses taken and controls applied.

A built-in ISO 27001 documentation toolkit enables users to upload and customize policies and procedures against the selected threat response.

vsRisk Multi-user allows users to collaborate with multiple asset of risk owners across the organization, further speeding up the task of the risk assessor.

vsRisk includes seven control sets, including ISO 27001, the PCI DSS, NIST SP 800-53, Cloud Controls Matrix, and Cyber Essentials. It also includes six audit-ready, customizable reports.

To find the right vsRisk package for you, take a look the full range of products >>