Panaseer Launches New Compliance Offering via Continuous Controls Monitoring Platform
October 23, 2020
Panaseer is launching a new capability that plans to solve one of the biggest challenges in risk management – data-driven security compliance and policy adherence monitoring.
Its new compliance offering enables quantitative, continuous monitoring for internal policies and regulations. This monitoring capability gives risk, audit and compliance individuals information that security controls are deployed and operating correctly via its continuous controls monitoring (CCM) platform.
Currently, to ensure compliance with industry regulations or established internal policies, organisations rely on external audits or an internal process of manual data gathering and self-attestations. Additionally, existing GRC and IRM tools are only effective in documenting the security policies but cannot measure if or how well the controls are working.
The new capability within Panaseer’s CCM platform introduces a flexible, data-driven approach to compliance monitoring. Based entirely on automated control observations, security and risk professionals can now use quantitative measurement for internal security policy compliance and report against any security framework such as NIST CSF, CIS and compliance standards such as PCI etc.
Read the full article from the FinTech Times.