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Revamping the Risk Ideology to Create a Business-Focused Brand of Cybersecurity

Qualys, Inc., a leading provider of disruptive cloud-based IT, security and compliance solutions, has officially announced the launch of industry’s first Risk Operations Center (ROC) equipped with Enterprise TruRisk Management (ETM).

According to certain reports, the stated facility makes it possible for CISOs and business leaders to manage cybersecurity risks in real time, and therefore, transform fragmented, siloed data into actionable insights that align cyber risk operations with business priorities. More on the same would reveal how the solution effectively consolidates both Qualys and non-Qualys security risk data, including from technology alliances like Forescout, Identity Threat Protection with Okta AI, Microsoft, Oracle, and Wiz across cloud, on-premises and hybrid environments.

You see, at present, organizations across the board are backed up against an ever-growing volume of risk findings spread across multiple, disconnected top 10 dashboards. Such a fragmented view, like you can guess, is causing conflicting analyses, duplicate work, missed threats, as well as strategies that fail to fully protect the organization.

Fortunately, to address the given challenge, Qualys’ ROC with Enterprise TruRisk Management allows for users to unify asset inventory and risk factors, apply threat intelligence, business context, risk prioritization, and orchestrate remediation, compliance, and reporting through a single interface.

Talk about the whole value proposition on a slightly deeper level, we begin from the solution’s ability to ingest Qualys and non-Qualys data for an accurate measure of business risk. Here, generated by their security toolset across the full stack of cloud, on-premises, or third-party applications, enterprises can club together dispersed risk factors, such as vulnerabilities, security postures, asset exposures, and identities, so to measure their TruRisk score. Markedly enough, the stated information is also correlated with over 25 threat intel sources and business context to precisely highlight key risk exposure indicators, enabling proactive risk management for business entities, processes, or applications.

Next up, we must dig into the promise of aligning risk to business value to communicate financial impact of cyber risk. You see, CISOs are generally required to relay the return on investment (ROI) and outcomes of existing and future cybersecurity investments in terms of reduction of business risk. Hence, by achieving the stated alignment, Qualys’ latest brainchild facilitates cyber risk quantification (CRQ) for CISOs and risk teams to impart the business impact of TruRisk for critical applications, entities and processes, thus shifting the focus from technical issues to understanding the financial consequences of security threats.

Not just that, the solution in question even allows teams to recognize the contribution of risk factors produced by individual cybersecurity tools towards overall enterprise-wide TruRisk scores impacting the business. This it does to justify cybersecurity tool investment and better prioritization.

“With IT environments growing more complex and potential risk exposures more numerous, organizations need a holistic and proactive cybersecurity management platform that brings all cyber-risk exposures to one place, unifies scoring and simplifies prioritization and reporting,” said Michelle Abraham, research director at IDC. “Qualys’ approach with the Risk Operations Center delivers this ideal in a cohesive way. With the ability to analyze all risk factors at a glance, Qualys Enterprise TruRisk Management empowers CISOs and business leaders to create actionable, enterprise-wide strategies to reduce risk to levels that align with the business’s objectives.”

Beyond that, the solution further has the means to facilitate automated remediation workflows to reduce cyber risk. Such a facility enables security and risk operations teams to leverage personalized risk reduction plans with Qualys TruRisk Eliminate, and therefore, intelligently patch or mitigate the prioritized exposure indicators like vulnerabilities, misconfigurations, as well as asset and software risks.

The technology also supports rule-based integrations with ITSM tools, such as ServiceNow and JIRA, to automatically assign prioritized tickets of unified exposures to the right remediation teams, while simultaneously enjoying the setup to conduct active remediation through integrated zero-trust, firewalled solutions.

“Organizations need an accurate diagnosis of their risk, including both IT and security data, in a unified view,” said Scott Woodgate, general manager, Microsoft Security. “Qualys Enterprise TruRisk now integrates with Microsoft Defender for Endpoint vulnerability and device data to make this possible.”

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