The Meteorite IT Risk Management Application enables you to simplify the identification, analysis, and mitigation of IT risks. The Application cuts across enterprise siloes, integrating IT risk data in a common framework for comprehensive visibility. The Application also streamlines the IT risk management lifecycle, including risk documentation and assessments, control management, and issue detection and resolution. IT risks are mapped to business risks to strengthen reporting. In addition, sophisticated analytics and reports transform raw risk data into actionable IT risk intelligence to enhance decision-making.
Maintains a central IT risk library documenting risk nature, source, area of impact, response strategies, KRIs, and mitigating controls; helps define risk taxonomy in a hierarchy to simplify threat modeling
Identifies assets as critical or non-critical based on multiple parameters; centrally stores and maps together asset data, including risks, policies, and control assessment findings
Enables IT risk assessment planning, scheduling, and execution; provides configurable algorithms to construct inherent and residual risk score and control score formulas; supports multi-dimensional risk assessments
Helps define risk mitigating controls based on industry standard frameworks; supports IT control assessments with mechanisms to score and report results; integrates with the Unified Compliance Framework (UCF) to map and harmonize controls
Routes issues from IT risk and control assessments through a closed-loop process of investigation, root cause analysis, and remediation
Aggregates IT risk data intro pre-defined risk reports, user-configurable risk heat maps, and role-based executive dashboards; delivers hierarchical tree-views of risk assessment factors and sub-factors
