 |  |  |  |  |  |  |  |  |  |
CoNetrix GLBA Risk Assessment automated tool
CoNetrix has developed a new automated, online consulting tool to assist financial institutions in conducting their annual “reasonably foreseeable” GLBA Information Security Risk Assessment. The tool was designed by certified security and audit professionals specifically for the banking community. CoNetrix focused on field experience and expertise in audit, risk assessment, policy development, and security consulting to construct this practical risk management solution.
The innovative, risk management solution analyzes statistical crime & storm event data and information collected from a threat questionnaire with more than 100 questions, which have emerged through years of proven process, to produce recommended likelihood, potential damage, and residual risk on more than 60 predefined threats. The tool is feature rich, and comes complete with:
- An easy seven-step process that allows your bank to create its own customized Information Security Risk Assessment.
- A location module to assist in identifying likelihood and potential damage based on physical locations.
- A confidential information module to identify data classification, data location, and data flow.
- A threat module to manage controls, compliance, impact, and provide guidance associated with identified threats.
- Multi-user access to the online tool.
- Integration with other CoNetrix online tools.
- Downloadable documents in editable Microsoft formats or as Adobe PDF documents.
- A storm event statistics report tool.
- One year subscription to updates.
- The ability to manage multiple banks with one login (this feature is designed for multi-bank holding companies and requires the purchase of a subscription for each bank).