Design > risk management

Conquer risk with Strike Graph

Our comprehensive platform gives you the tools to identify your company’s unique risks and mitigate them, building customer trust along the way.

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Risk-based security compliance is the new standard

Traditional security checklists are slow, expensive, and fail to shield you from emerging threats. Strike Graph’s risk-based solution is more robust — and it saves you time and resources. 

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PROTECT

Tailored security

Tailor security measures to your unique risks, not generic standards.

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STREAMLINE

Efficient resource allocation

Identify, prioritize, and allocate resources effectively for maximum protection.

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ENHANCE

Continuous improvement

Adapt and enhance your security posture continually.

RISK MANAGEMENT

Take a targeted approach to security compliance.

Companies manage risk at the most basic level to avoid breaking trust with customers, stakeholders, and employees. Learn how risk-based compliance saves you time and money.

Download FREE ebook
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Your comprehensive risk management solution

Our all-in-one platform empowers you to assess and mitigate risk, then confirm your security program's efficacy.

1

In-platform risk assessment

Effortlessly assess and prioritize vulnerabilities within our platform.
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2

Multi-framework control mapping

Link controls to multiple frameworks for comprehensive protection.
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3

Streamlined security questionnaires

Efficiently manage vendor and customer security questionnaires.
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4

Assign risk ratings

Score control risks as low, medium, or high based on likelihood and impact.
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5

Distribute responsibility

Delegate responsibility to maintain a robust, integrated security posture.
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Join the hundreds of companies that rely on Strike Graph for risk management

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Join the hundreds of companies that rely on Strike Graph for security compliance

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lydia-ai
valid
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voxology
harmonize
bluefletch
“Excellent value. Exceeded my expectations.”
Jason G.
VP of legal services
“ The Strike Graph platform provides intelligence and flexibility so we can easily customize our cybersecurity compliance to our real-world needs.”
Strike Graph user
Computer software professional
“Cost effective and simple to get SOC 2 certified”
Leonard I.
Co-Founder

Have more questions about risk management? 

We have answers!

What are the 6 stages of risk management?

Risk management involves six basic stages:

  • Identify: Conduct a risk assessment to understand weaknesses and identify threats.
  • Analyze: Establish the probability and potential outcomes of each risk.
  • Prioritize: Evaluate risks and rank them based on probability and consequence.
  • Own: Determine who is responsible for managing each risk.
  • Respond: Formulate a response plan for each risk.
  • Monitor: Continuously monitor risks as part of an ongoing process.

Strike Graph’s in-platform risk assessment empowers you to identify, analyze, and prioritize your company’s unqiue risks then assign controls to mitigate them. Our collaborative tools allow you to assign responsibility for individual controls and our intiuitive dashboards show you exactly where you stand.

What are the seven types of risk in business?

Most business risks fall into these seven categories:

  • Economic risk: risk due to macroeconomic forces such as inflation or policy changes
  • Legal/compliance risk: risks from violating laws or regulations
  • Security and fraud risk: risks from internal or external deception, including data breaches
  • Financial risk: loss of money or assets, including market and currency risks
  • Reputation risk: loss of confidence in a brand or product
  • Operational risk: risks that halt business operations, like natural disasters
  • Competitive risk: Loss of customers due to competition

Strike Graph’s in-platform risk assessment empowers you to identify, analyze, and prioritize your company’s unqiue risks then assign controls to mitigate them. Our collaborative tools allow you to assign responsibility for individual controls and our intiuitive dashboards show you exactly where you stand.

What is compliance risk management?

Compliance risk management involves processes to identify, assess, address, and monitor compliance risks. It aims to mitigate losses from noncompliance with laws, standards, regulations, and internal/external policies. It's important to continuously monitor and update compliance policies and procedures due to regularly changing regulations

Why are governance, risk, and compliance (GRC) and TrustOps important?

TrustOps and GRC are crucial for managing security risks and complying with regulatory requirements.

TrustOps, or trust operations, involves a wide range of methods and practices (including GRC) aimed at establishing and preserving trust with clients and partners. It also tracks the impact of a company’s trust-building activities on business outcomes like revenue.

GRC has a narrower scope. It consists of governance (overseeing information security), risk (managing information security risks), and compliance (establishing and maintaining compliance with regulations). GRC programs help in staying abreast of regulatory changes, preparing for new risks, managing third-party relationships, and adhering to data privacy trends.

Can’t find the answer you’re looking for? Contact our team!

Additional risk management resources

Our extensive library of resources will answer all your questions.

Risk-based compliance

June 1, 2023
See all resources

Ready to revolutionize how you manage risk?

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The best way to understand how powerful the Strike Graph platform is is to jump right in and give it a spin.

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Strike Graph offers an easy, flexible security compliance solution that scales efficiently with your business needs — from SOC 2 to ISO 27001 to GDPR and beyond.

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