Risk Management by Scrut Automation helps recognize, evaluate, and reduce IT and cyber risk. It allows users to build a risk register with pre-mapped or custom risks and assess their risk profile using automated scoring. Users can choose to accept, mitigate, transfer, or avoid each risk. Risk Management automates risk assessment with continuous monitoring and identifies risks automatically by scanning the ecosystem, including code base, infrastructure, applications, vendors, employees, and access. It uses a pre-loaded risk library or allows the creation of custom risks. Risk Management quantifies the risk profile with expert-vetted scoring methodologies and assesses the impact of treatment plans with inherent and residual scores. It provides continuous risk monitoring with easy-to-set-up alerts and notifications integrated with messaging and mail apps. Risk Management maps risks to compliance frameworks with risks pre-mapped to controls across popular infosec frameworks like ISO 27001 and SOC 2. It features intuitive, actionable dashboards that visualize and communicate the risk posture relevant to business priorities. Key features include an extensive risk library, quantifiable risk scores, and continuous risk monitoring for compliance with standards like SOC 2 and ISO 27001. It allows easy risk distribution by assigning risks to team members for complete coverage. The real-time risk management module aids in resolving doubts and provides updates on misconfigurations. Risk Management highlights key risks and keeps users updated on pending tasks for risk management. Automated guidance from the risk management module allows users to prioritize handling evidence, artifact collection, and documentation for audits.
