Information Risk Management
Information security is a key business issue. The reputation of a business can be significantly impacted by privacy, integrity, availability and safeguarding mechanisms of its information assets. Increasing threats to information due to theft, data loss, inadequate security policies and external attacks have caused severe legal and financial penalties. It has also increased scrutiny by media, regulators and consumers.
To address this challenge, organizations are taking measures to ensure adequate privacy and protection of important information and effective management of information related risks.
Infosys’ Information Risk Management (IRM) solution offers a holistic approach to identify, analyze, report and remediate information risks. It leverages the Risk Insight platform to automate assessment activities and reduce cycle time. The solution consists of a comprehensive catalog of controls for specific information domains to address compliance and information risk management needs of organizations.
Our solution’s approach to pre-audit assessments, pre-defined controls catalog and highly customizable automation platform enable you to:
- Achieve faster assessment and reporting
- Reduce rate of audit failure
- Reduce cost of compliance through automation
- Leverage existing programs and assessment/audit data
- Monitor and track risk remediation by using a centralized platform to identify, assess and manage information risks
Pre-defined controls are mapped to relevant regulations and standards to identify overlap and avoid duplication by using available test results. Its generic assessment methodology ensures consistency across various compliance and information security programs and allows leveraging of past audit results.