TrustElements is a Cyber Risk Management, Cyber Risk Quantification, and Compliance Management App.
"In today's hyper-connected world, managing cyber risk is as crucial as managing your business operations. Our Dynamic Cyber Risk Management product is here to make that task simpler and more efficient. With real-time threat monitoring, risk prioritization, and automated response capabilities, we help businesses stay one step ahead of cyber threats. Our integration with risk models like FAIR and CVaR quantifies potential losses, enabling informed decision-making and effective resource allocation. Plus, our DCRM solution supports compliance with various cybersecurity regulations, safeguarding your business from penalties. Enhance your security posture, reduce potential losses, and boost stakeholder confidence with our DCRM solution."
Main features of TrustElements:
- Proactively handle cybersecurity
risks in real time.
- Continuously Audit and Comply with
- Invest in your Cybersecurity based on Quantified Dollar Risk
- Simple Reporting to Business Stakeholders
TrustElements is a Dynamic Risk Management Application that contains Continuous Risk Identification, Real-Time Risk Assessment, Adaptive Risk Response, Proactive Threat Hunting, Learning, and Evolution. The dynamic nature of cyber risk management stems from the rapidly changing threat landscape in cybersecurity. It's an approach that emphasizes continuous monitoring, real-time response, proactive threat hunting, and ongoing adaptation and learning. TrustElements utilization starts with gathering data from the customer's environment, including Microsoft and Azure data, through an Enterprise Application using Graph API calls. From there, the data gets saved into an Azure database, where through a series of utilizing power automation and pipelines, we publish a set of reports on our website hosted on Power pages and served through PowerBI.
The benefit of TrustElements for Businesses (End Customers):
Ø Enhanced understanding of cyber risks through comprehensive risk assessment using FAIR methodology, enabling organizations to make informed decisions regarding risk mitigation strategies.
Ø Improved risk management capabilities by integrating CVaR models, allowing companies to assess potential financial impacts and prioritize risk mitigation efforts.
Ø Increased resilience to cyber threats through proactive identification of control weaknesses and vulnerabilities, facilitating timely remediation and reducing the likelihood of successful cyberattacks.
Ø Better alignment of risk management strategies with business objectives, ensuring that cybersecurity investments are targeted and prioritized based on the potential impact on the organization.
Ø Enhanced ability to comply with regulatory requirements and industry standards by implementing robust risk management practices supported by FAIR and CVaR analysis.
Ø More effective communication with insurance carriers, leveraging risk data and insights to negotiate favorable terms and coverage options.
Ø Improved cyber incident response capabilities by developing incident response plans based on the identified risks and potential losses.
Ø Strengthened reputation and stakeholder trust through proactive risk management, demonstrating a commitment to cybersecurity and protecting sensitive information.
Ø Increased confidence among customers and business partners, leading to enhanced business relationships and potential competitive advantages.
Ø Enhanced decision-making processes through the availability of comprehensive risk data, enabling organizations to make risk-informed strategic and operational decisions.