Easily manage continuous application security assessments
Everyone inside and outside the organization owns the assessment process
Identify security gaps and trends across applications
This comprehensive guide offers a step-by-step approach to developing a robust risk management program, discusses the importance of a proactive strategy, and introduces Isora GRC, an innovative platform designed to streamline application risk assessment and governance at scale.
Cam Beasley, Chief Information Security Officer
The University of Texas at AustinApplication Security Risk Management (ASRM) involves identifying, evaluating, and addressing security risks in an organization’s software applications. It includes creating an application inventory, performing risk assessments, monitoring risks, and executing mitigation plans.
ASRM is necessary when organizations manage numerous software applications that handle sensitive data, increasing their vulnerability to cyber attacks. A single application flaw can cause significant data breaches, financial loss, and reputational harm. Additionally, regulations like HIPAA, GLBA, TAC 202, FISMA, CMMC, and GDPR mandate stringent security measures for applications to safeguard data, with non-compliance leading to serious penalties.
A GRC Assessment Platform like Isora streamlines Application Security Risk Management (ASRM) by providing a centralized system for identifying, assessing, and managing application-related security risks. It facilitates the creation of an application inventory, automates risk assessments, and helps track and prioritize risks. Isora enables organizations to efficiently implement and monitor risk mitigation strategies, ensuring compliance with relevant security standards and regulations