Dynamic duo deploy entire suite of risk and compliance products in one contract
Vigilant Software and Cipher have sold an entire combined suite of risk and compliance products into a large UK financial institution, resulting in a comprehensive, end-to-end package of software and wraparound consultancy to manage risk assessment, statutory and regulatory requirements. Together, Vigilant and Cipher will enable the organisation to take a proactive approach to protecting itself against the latest threats, while responding rapidly should an incident occur.
Cipher is a global managed security expert providing outsourced monitoring and management of organisations’ security systems and devices. It deals with threat monitoring and cyber defences, security incident and event management and logging, incident response and event investigation, and threat protection and vulnerability management delivered as-a-service.
The result of the partnership is a series of Cloud-based, highly intuitive and scalable tools that enable organisations to take control of their own risk and compliance posture and ongoing proactive monitoring and maintenance, all augmented with real-world expertise and experience on-hand when required.
Gemma Platt, managing executive at Vigilant Software, said: “To win such a comprehensive contract so soon after joining forces with Cipher is a real accolade for the power of our partnership. It is essential for organisations to take a multifaceted approach to risk, security and compliance; there is so much overlap between the different areas and the threat landscape is in such a state of dynamism that no one can afford to rest on their laurels.”
Andrew Walters Director of Sales: UK and Northern Europe at Cipher, said: “This is a really exciting contract win for our two companies. The financial sector is one of the most challenging industries in terms of security and risk management; it is a rich hunting ground for cyber criminals, and the regulatory and compliance frameworks are rightly strict. We are thrilled that the partnership with Vigilant Software has helped secure such a comprehensive contract.”
In the highly regulated financial sector, the clarity and logic brought by Vigilant Software’s solutions enable a clear audit trail for all risk and compliance activities. Vigilant specialises in developing tools for managing operational risk and compliance, and offers a range of Cloud-based solutions for scalable deployments:
- vsRisk Cloud, developed by ISO 27001 experts, allows organisations to produce consistent and repeatable risk assessments year after year
- GDPR Manager enables the complete management of GDPR compliance, across recording and reporting data breaches, handling subject access requests and determining whether third parties have suitable measures in place to protect personal data
- Compliance Manager provides instant access to a regularly updated database of laws and regulations across the ISO 27001 standard; and the DPIA Tool speeds up and simplifies data protection impact assessments.
About Vigilant Software
Vigilant Software aims to make compliance easy. The organisation develops market-leading tools for intelligent, simplified compliance with industry standards including with ISO 27001 and the GDPR. Drawing on years of experience in developing and deploying risk management tools and services, its product range provides organisations with regulatory software tools that save them both time and money.
Its flagship solution, vsRisk, is the industry-leading ISO 27001-compliant risk assessment tool, simplifying and automating the information security risk assessment process for organisations of all sizes across the globe.
Vigilant Software is a GRC International Group subsidiary, providing – alongside IT Governance, GRC eLearning, IT Governance Publishing and other group companies – a range of products and services to address the IT governance, risk management and compliance requirements of. The Group operates a one-stop shop that helps customers source, deploy and integrate an appropriate mix of solutions that focus on cyber security and cyber resilience, data protection, the PCI DSS, penetration testing, management system standards such as ISO/IEC 27001 and ISO 22301, and Cyber Essentials.
Luke McDowell/Jenni Livesley
Context Public Relations
*** This is a Security Bloggers Network syndicated blog from Vigilant Software Blog authored by Ingrid Then-Guiraut. Read the original post at: https://www.vigilantsoftware.co.uk/blog/vigilant-software-and-cipher-team-up-for-financial-services-win