Scrut Automation Launches ‘Risk Management’ for Cloud-Based Companies

  • Scrut Risk Management is designed to help customers manage their risks more effectively.
  • The tool streamlines risk assessments by automating risk identification, evaluation, mitigation, and monitoring.

BENGALURU, India–(BUSINESS WIRE)–#AutomationScrut Automation, a leading compliance automation platform, unveiled Risk Management, a first-of-its-kind risk assessment tool, to further bolster its offerings in the compliance automation industry.


Larger organizations use legacy Enterprise Risk Management (ERM) tools to manage the risk assessment and management processes, but these are difficult to adopt for mid-market SaaS and Fintech companies and often lack relevant integrations. Scrut Risk Management is an advanced, easy-to-use, lightweight product that aims to help its customers gain complete visibility into their risks, allowing them to prioritize and manage risks better. Scrut Risk Management does so through:

  • Automated risk identification: Prebuilt library of risks guides organizations in identifying relevant risk areas and uncovering often-overlooked risks.
  • Ready Integrations: With out-of-box integrations, the tool connects across an organization’s application landscape to identify potential risk areas.
  • Real-time risk register: A real-time risk register gives a comprehensive view of all organizational risks, strategies and actions adopted to manage them, and residual risks.
  • Mitigating controls monitoring: The tool has automated workflows for tracking the implementation of and evidence collection for mitigating controls.
  • Risk assessment reports: The tool generates automated risk assessment reports that can be readily shared with compliance auditors for SOC 2, ISO 27001, PCI DSS, GDPR, and other infosec frameworks.

Kush Kaushik, Co-founder of Scrut Automation, said: “Legacy enterprise risk management tools are bulky to use and often overkill for growth stage and mid-market startups. Scrut Risk Management is built to bring enterprise-grade risk assessment to this segment through an automated risk observatory around multiple cyber assets, processes, and endpoints.”

For more on Scrut Risk Management, please visit their blog post.

About Scrut Automation

Scrut Automation is an innovative Governance, Risk, and Compliance automation platform for growing startups and mid-market enterprises. With Scrut, Compliance teams can reduce ~70% of their manual effort in maintaining compliance towards SOC 2, ISO 27001, GDPR, PCI DSS, and privacy laws like HIPAA, GDPR, and CCPA. To learn more about Scrut Automation and its offerings, please visit www.scrut.io.

Contacts

Media Contact: Scrut Automation | Amrita Agnihotri | amrita@scrut.io

Copenhagen INK

Lars is Google’s Head of Marketing across Singapore, Malaysia, Pakistan, Bangladesh and Sri Lanka. With nearly two decades of international experience in the Internet and media industry, his passion lies at the intersection of technology and marketing. His career spans across the globe - from Europe to the emerging markets in Asia - from early stage start-ups to large organizations, providing him with an in-depth understanding of marketing, sales and business development across cultures and industries. In his current role he is responsible for local B2B and B2C brand and product marketing across all Google and Youtube services and devices.

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