Organizations can use security risk management software to monitor risk levels in ongoing projects and processes, as well as generate actionable insights and risk mitigation strategies. Unresolved issues can result in project failure, as well as scenarios that hurt the brand. Your projects and operations will comply to defined standards when you use security risk management software. Administrators can intervene as soon as they notice a divergence from the norm and take steps to mitigate the risk.
TOP 6 BEST SECURITY RISK MANAGEMENT SOFTWARE
- SECTARA – Best security risk management software overall
- NETWRIX AUDITOR – Best security risk management software for financial institutions
- ONETRUST – Best security risk management software for any size company
- DILIGENT HIGHBOND – Best security risk management software for industry experts
- QUALYS – Best security risk management software for reliability
- RISKWATCH – Best security risk management software for small companies
1. SECTARA – BEST SECURITY RISK MANAGEMENT SOFTWARE OVERALL
PRICING: There is a free plan and the least paid plan is $71/month
Sectara is the best security risk management software overall. It is a safe platform that gives corporate security managers and security risk experts the ability to generate more complex security assessments. It Is currently the most advanced and logical security risk management software. Because its security risk management is standard based, some users will already be familiar with the elements involved in the process. SECTARA stands out because of how effective each element is, and how straightforward the method is to follow.
KEY FEATURES:
- Alerts/Notifications
- Corrective and Preventive Actions (CAPA)
- Legal Risk Management
- Audit Management
- Business Process Control
- Internal Controls Management
- IT Risk Management
- Compliance Management
REASONS TO BUY:
- Comes with excellent support options
- Knowledge Base and Support Request Tracking System
- It is simple to put together reports
- Reports that are both comprehensive and professional in nature are generated
- There are straightforward articles available that might assist in summing up the fundamentals of security
- ad-hoc training sessions
- A professional customer service agent who is available over the phone to take your call
REASONS TO AVOID:
- Some threats Library are yet to be implemented
2. NETWRIX AUDITOR -BEST SECURITY RISK MANAGEMENT SOFTWARE FOR FINANCIAL INSTITUTIONS
PRICE: There is a free trial, free edition, and you need to contact the company for customized price
Netwrix Auditor is the best security risk management software for financial institutions. Netwrix Auditor is a visibility platform that provides you with full control over modifications, configurations, and access in hybrid information technology systems, relieving you of the stress associated with your upcoming compliance audit. it helps you keep an eye out for any modifications made to Active Directory (AD), Windows Server, file storage, SQL servers, Exchange, VMware, and any other local or cloud-based systems. It is not just limited to those, it also makes the procedures you employ for reporting and inventory more streamlined, which is another benefit.
KEY FEATURES:
- Data Visualization
- Monitoring
- Activity Dashboard
- Alerts/Notifications
- Reporting/Analytics
- Server Monitoring
REASONS TO BUY:
- It establishes a direct connection to the domain in order to deliver a variety of information and assist you in rapidly identifying problem areas
- Tracking active directory alterations is made remarkably easy with the help of the software’s functionalities
- The software is simple to install and set up
- It gives you the ability to set up email notifications to assist in maintaining the safety of your network and infrastructure
REASONS TO AVOID:
- Using reporting filters can be a little bit of a challenge due to its complexity.
3. ONETRUST – BEST SECURITY RISK MANAGEMENT SOFTWARE FOR ANY SIZE COMPANY
PRICING: There is a free trial, a free version and the least paid plan is $30/month
OneTrust is the best security risk management software for any size company. It provides easy-to-use, scalable privacy and security compliance tools to assist expanding enterprises comply with GDPR and CCPA regulations. Geolocation monitoring, auditing, data mapping, records administration, reporting, and scheduling are some of the functions you get from using Onetrust.
KEY FEATURES:
- Audit Trail
- Automated Routing
- ISO Compliance
- Alerts/Notifications
- Risk Management
- IT Risk Management
- Self Service Portal
- Audit Management
REASONS TO BUY:
- For audit and compliance teams, there is self-service functionality to examine and report on Audit Log
- The technical support is great
- It allows you to manage cookies, assets, assessments and other features
- Adaptability to changes in privacy laws
REASONS TO AVOID
- The tenent’s translations are not automated
4. DILIGENT HIGHBOND – BEST SECURITY RISK MANAGEMENT SOFTWARE FOR INDUSTRY EXPERTS
PRICING: consult customer support for customized price
Diligent HighBond is the best security risk management software for industry experts. It’s a complete platform that brings together security, risk management, compliance, and audit experts. HighBond was founded by business leaders looking for a better way to work. It streamlines repetitive tasks and communicates best practices with an award-winning UI.
KEY FEATURES:
- Data Connectors
- Environmental Compliance
- Predictive Analytics
- Data Visualization
- Disaster Recovery
- Process/Workflow Automation
- Query Builder
REASONS TO BUY:
- The webinars give great insight and tips to take back to your scripting
- Provides continuous monitoring and auditing
- Customer service is great
REASONS TO AVOID:
- Doing basic things analogous to ‘a subselect in SQL’ is more painful than it needs to be
5. QUALYS – BEST SECURITY RISK MANAGEMENT SOFTWARE FOR RELIABILITY
PRICING: There is a free trial and you can consult customer support for customized price
Qualys is the best security risk management software for reliability. Qualys tracks remediation and assures policy compliance by monitoring your company’s vulnerability management process. QualysGuard is also the world’s most widely used security on demand platform, with over 150 million IP audits performed annually with no software to install or maintain.
KEY FEATURES:
- Team Collaboration
- Access Control
- Application Integration
- Security
- Analytics
- Accounting Integration
- Sales Force Automation
REASONS TO BUY:
- It is simple to set up
- You are able to identify the weaknesses in the network infrastructure as well as any changes that are needed
- The generation of reports is done automatically
- It is an effective instrument for keeping tabs on all different kinds of web systems
- Defending computer networks and any conceivable type of virtual link
REASONS TO AVOID:
- A complete scan of the whole area that is being monitored with Qualys, may take a long time
6. RISKWATCH – BEST SECURITY RISK MANAGEMENT SOFTWARE FOR SMALL COMPANIES
PRICING: There is a free trial, free version and the least paid plan is $99/month
RiskWatch is the best security risk management software for small companies. You can automate your security, and compliance management program with the RiskWatch software. Using auto-generated reports, real-time dashboards and smart emails you can reduce the whole assessment process by 74%. Its adaptable software caters to your specific requirements and preferences, resulting in a quick and simple process. It’s a cutting-edge security and risk assessment software that may be used to examine facility compliance and security risks.
KEY FEATURES:
- Risk Assessment
- Risk Management
- Policy Management
- Reputational Risk Management
- Response Management
- Safety Incident Management
- PIA / DPIA Sensitive Data Identification
REASONS TO BUY:
- Offers eye-catching graphics to summarize the results in a dashboard that is simple to operate
- Excellent support service for customers
- The user interface is great
- You can add pictures to your survey
REASONS TO AVOID:
- You can’t change a user permission level
References
https://www.softwareadvice.fr/reviews/85289/netwrix-auditor
https://thedataprivacygroup.com/one-trust-implementation/
https://industryrisk.com.au/sectara/