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Now you possibly can see your establishment’s fraud and safety dangers in a brand new approach, with LogicGate Threat Cloud. Learn our evaluation right here.
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Governance, danger and compliance is a broad area that encompasses the insurance policies, processes and techniques that organizations use to handle their company governance, enterprise danger administration and compliance with exterior rules. GRC has turn into more and more vital in recent times as companies have turn into extra globalized and complicated.
A well-designed GRC program incorporates GRC software program corresponding to LogicGate Threat Cloud. These instruments assist organizations navigate these challenges by offering a framework for making selections, managing dangers and complying with rules. Moreover, GRC instruments enhance organizational effectivity and effectiveness by streamlining processes and decreasing duplication of effort.
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What’s LogicGate Threat Cloud?
LogicGate Threat Cloud is GRC enterprise software program that helps organizations automate their danger administration processes and adjust to varied regulatory necessities.
Key options of LogicGate Threat Cloud
No coding required
Maybe a very powerful characteristic is that prospects get all of the performance with out having to write down a single line of code. This no code instrument is vital as a result of it quickens the deployment course of and reduces the educational curve.
Pre-built functions
Over 20 pre-built functions can be found in LogicGate Threat Cloud. Every software is tailor-made to a selected use case based mostly on broadly accepted requirements and important management architectures. Examples of a few of these apps embody:
Enterprise affect evaluation
Enterprise continuity process monitoring and plan administration
Environmental and social affect evaluation
CCPA compliance
GDPR compliance
ISO 27001
Coverage and process administration
Procurement and contract administration
Controls repository
A management is a component of the governance, danger administration or compliance perform that helps to handle or mitigate dangers or to attain the specified consequence. For instance, a management in governance may be a coverage that units out the expectations for Board habits, a management in danger administration may be a restrict on publicity to monetary losses and a management in compliance may be a process for making certain workers adjust to anti-bribery legal guidelines. A well-designed GRC program can have controls in all three areas that work collectively to assist the group obtain its aims.
Should-read massive information protection
The rising controls repository inside LogicGate Threat Cloud has over 300+ management households. This makes it straightforward for purchasers to discover a management that meets particular wants.
App customizations
All the LogicGate apps may be personalized utilizing a drag-and-drop characteristic to permit an organization to tailor the software program to fulfill its particular necessities. As well as, the applying permits customers to create distinctive functions based mostly on GRC info from different instruments, corresponding to spreadsheets.
Automated workflows
LogicGate Threat Cloud automates risk-related processes and workflows throughout your entire group. This characteristic helps organizations save time and assets by eliminating guide duties. Automated workflows additionally enhance accuracy and consistency by making certain that each one steps in a course of are adopted accurately.
Picture: LogicGate
Customizable dashboards
Customizable dashboards offer you full visibility into your group’s dangers, controls and compliance standing. The dashboards may be personalized to point out the data that’s most vital to you. It’s also possible to drill down into the information to get extra particulars on particular gadgets.
Picture: LogicGate
Linked view of property, controls and dangers
The Linked View characteristic offers you a holistic view of a company’s property, controls and dangers. This makes it straightforward to establish, quantify and mitigate cyber danger, and customers can see how points are interconnected and establish potential areas of GRC weak point.
Picture: LogicGate
Translate danger into monetary worth
Cash is a language each stakeholder understands. LogicGate makes it straightforward for organizations to translate danger into monetary worth. With this info, decision-makers know the place to allocate assets and the right way to prioritize dangers. By understanding the monetary affect of dangers, companies could make knowledgeable selections about the right way to shield themselves.
Picture: LogicGate
Professionals and cons of LogicGate Threat Cloud
Professionals
No-code platform, thus straightforward to make use of and deploy
Pre-built functions save time and assets
Constructed-in scalability to scale the GRC program because the enterprise grows
Restful API that integrates nicely with different techniques
Tons of of third-party integrations
Simple to customise workflows and processes to suit distinctive enterprise and regulatory necessities
Easy pricing mannequin the place prospects purchase the functions wanted to run the GRC program and Energy Consumer licenses for the employees that may run them.
Cons
Overwhelming platform attributable to massive variety of options and functions
Complicated consumer interface
What prospects say about LogicGate Threat Cloud
LogicGate Threat Cloud is a reasonably new firm based in 2015. Nonetheless, in that brief time, the corporate has managed to outdo its extra senior opponents. The instrument has favorable rankings on main ranking websites: For instance, at TechnologyAdvice, the corporate has 4.5 out 5 stars.
Prospects usually price this product positively, saying that it’s user-friendly with nice customer support. One remaining level is that when buying LogicGate Threat Cloud, rigorously consider the functions you want to make sure you get worth for cash, as there are over 20 pre-built functions.
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