Cybernance Corporation, announced a major extension of its cyber maturity and risk platform to now include a fully featured audit capability. The Cybernance Platform is based on industry and government developed and accepted Frameworks, NIST Cyber Security Framework and FFIEC Cyber Assessment Tool. The newly released audit feature is the first and only audit capability that facilitates the ability to perform a complete and certified audit of the assessments onsite or remotely. With ever increasing cyber risks, businesses and government have been clamoring for the ability to audit the cyber risk of partners, vendors, and insureds.
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The audit of these standardized assessments is critical to the defense from information breaches and ransomware events. The Cybernance audit capability substantially reduces the time and expense of the audit process while enabling critical analysis and reporting for C-suite and boards of directors. The increased knowledge of risk to the enterprise provides valuable data upon which executives can make decisions on managing risk within the organization.
Cybernance has partnered with a major accredited training and certification firm to provide training, testing and certification of auditors. Auditors will be able to audit against both the NIST Cyber Security Framework and FFIEC Cyber Assessment Tool directly on the Cybernance platform. The ability to execute a remote audit provides a significant advantage in reducing time and costs.
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“The 400 percent rise in ransomware during the pandemic highlights the need for organizations to increase their resilience against attacks through comprehensive and auditable cyber risk management,” said Mike Shultz, Cybernance Chief Executive Officer. “To address the anticipated market demand for highly competent cyber auditors, we have developed our platform’s audit capabilities and are partnering with leading organizations to continue to evolve and meet the ever-changing threat situation.”
Today more than 10,000 US financial institutions and perhaps up to 150,000 Department of Defense contractors and vendors are required to perform fully audited results of cyber audits. Today the only way to perform cyber audits is onsite at the organization. The Cybernance Audit feature allows the entire audit process to be managed remotely providing a significant reduction of time, expense and disruption of the organization associated with onsite audits. We expect all industries to rapidly adapt and accept the Cybernance Audit processes in the Platform for fully certified audits performed remotely.
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