Risk Cognizance

  Third-Party Risk Management  (TPRM) at Risk Cognizance in New York is an essential framework designed to identify, assess, and mitigate the risks posed by external vendors and service providers. As organizations increasingly rely on third parties for critical functions such as supply chain operations, IT services, and data management, the exposure to potential vulnerabilities rises significantly. Recognizing this, Risk Cognizance emphasizes a proactive approach to TPRM that begins with thorough due diligence during the vendor onboarding process. This includes assessing a potential vendor’s financial stability, security practices, compliance with industry regulations, and overall operational capabilities. By gathering comprehensive information about third-party partners before engagement, organizations can make informed decisions that align with their risk tolerance and strategic objectives. Once third parties are onboarded, continuous monitoring becomes crucial. Risk Cogniza...

  Attack Surface Management  (ASM) is a critical component of cybersecurity that focuses on identifying, monitoring, and reducing the potential attack vectors that an organization presents to cyber threats. Within the context of Risk Cognizance, ASM involves systematically assessing the organization's external and internal exposure to vulnerabilities and threats.   Key Elements of Attack Surface Management   1. Asset Discovery   - Identifying all assets, including servers, applications, databases, and endpoints, that are part of the organization's infrastructure.   2. Vulnerability Assessment    - Regularly scanning and assessing identified assets for known vulnerabilities and weaknesses that could be exploited by attackers.   3. Threat Intelligence    - Integrating threat intelligence to understand the current threat landscape and identify potential threats relevant to the organization.   4. Monitoring...

  Risk Cognizance, based in New York, offers a GRC software platform  designed to help organizations manage governance, risk, and compliance effectively. Their platform typically includes features such as: Risk Management : Tools for identifying and assessing risks, as well as developing mitigation strategies. Compliance Tracking : Functionality to monitor regulatory changes and ensure adherence to applicable laws and standards. Policy and Document Management : Centralized management of organizational policies, ensuring they are up-to-date and accessible. Audit Management : Streamlining the audit process, including planning, execution, and reporting. Incident Management : Tools to capture and manage incidents, facilitating a timely response and documentation. Reporting and Analytics : Comprehensive reporting tools to provide insights into risk and compliance statuses, helping inform decision-making. Collaboration Features : Enabling teams to work together seamlessly on risk an...