RiskAct
Frictionless AI-Powered Cyber Security and Compliance
RiskAct uses the latest AI technology to identify, track, and quantify your organization’s risk profile and give you an actionable, prioritized list of tasks you can perform to keep your organization safe from cyber threats, and be compliant with the key regulations.
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RiskAct Benefits Include:
- Operational Risk Mitigation: Helps protect against technology failures and human error
- Risk quantification: Supports risk scoring, stress testing, and financial modeling
- Reputational Risk: Protect against negative publicity or loss of customer trust
- Cost Savings: Reduce the need for expensive human resources, save the cost of mitigating breaches, reduce the number packages and complexity of your security infrastructure
- The latest AI technology at your fingertips without the need of an internal build.
In today's complex threat landscape, where ransomware, IP theft, supply chain attacks, cloud security risks, social engineering, and adversarial AI attacks are on the rise, information is key and RiskAct provides a unique, simple to use solution that instantly strengthens your existing digital defences. By delivering actionable insights to your cybersecurity, risk, and compliance teams, RiskAct empowers your organization to enhance your risk posture, foster cyber awareness across your value chain, and build long-term operational resilience.
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Download our RiskAct Datasheet
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What Problem Are We Solving?
One cyberattack occurs every 39 seconds and nearly 95% of digital breaches result from human error. Businesses are projected to lose approximately $10.5 trillion in 2025 due to cybercrime.
Traditional approaches to risk and compliance management in many organizations involve manual data collection, interviews, and static snapshots of key data sets. This labor-intensive process leads to disconnect, poor governance, and weak cyber security guardrails across the enterprise’ value chain.
If we are to illuminate the spotlight on data privacy risk and compliance as an example, the statistics from the Privacy Risk Study 2023 (iaap and KPMG) vividly exemplifies the formidable challenge facing organizations worldwide.
The response from the regulators could not be clearer: drastic action is needed!
For example, by January 17th 2025, European Union financial entities and their critical Information and Communications Technology (ICT) providers must take urgent steps to ensure compliance with the Digital Operational Resilience Act (DORA). DORA aims to standardize how financial entities report cybersecurity incidents, stress test their digital operational resilience, and manage ICT 3rd party risk across the financial services sector and EU member nations.
Real-Time Risk Detection, Mitigation & Control
RiskAct takes a data-driven approach to strengthen resilience across the value chain and help ensure regulatory compliance.
This is achieved by assessing events across key data sets using our proprietary Artificial Intelligence (AI) models in a responsible manner. It detects and analyzes a range of target controls (e.g. NIST 800-53 Rev 4 security controls) and provides an integrated workflow based on the NIST Risk Management Framework (RMF), reducing the risk of non-compliance with the evolving Operational Resilience regulations and directives issued by different jurisdictions.
Our responsive architecture design ensures that crucial information about identified risks, such as critical business services, can be delivered staff members on any secure corporate device based on their roles and the classification of the risk. This proactive approach ensures that relevant personnel receive timely notifications, granting them the necessary time to take prompt and appropriate actions to address the risks effectively.
In our August 2023 experiential workshop, the NetraScale team demonstrated the power of our proprietary AI models and how they are set to transform how organizations realize the objective of automating risk management and strengthening operational resilience.
Register below to stay up to date on our MVP1.0 release date.