September 17, 2014 | Palo Alto, California: MetricStream, the market leader in Governance, Risk, and Compliance (GRC) Management solutions, will participate at the New York roundtable on Cybersecurity, hosted by the Risk Management Association (RMA) on September 17, 2014. The event will bring together professionals from the enterprise risk management function. Yo Delmar, VP of GRC Solutions at MetricStream, will moderate a discussion on ‘Cyber Security - A Critical Element to Enterprise Risk Management’. 

In today’s highly complex business landscape, organizations are focused on understanding, managing, and mitigating cyber-security related risks in order to safeguard confidential information, protect their reputation, and bolster their financial performance. Cybersecurity, which has traditionally been a part of the IT team’s core responsibility, is increasingly being monitored by executive management teams and board directors, as a critical element of the broader enterprise risk management function. 

Companies need to invest in a forward-looking cyber security program that not just focuses on building defensive measures against security breaches, but is also capable of forecasting potential security threats, and alleviating risks before they cause serious damage. Successfully mitigating cyber security risks should begin by creating awareness of these risks amongst employees through carefully devised training programs. Developing a strategy to detect, evaluate, and monitor high level cyber security threats will assist the organization in creating an elaborate risk profile. The executive management team should provide consistent and timely updates to key internal stakeholders about the likelihood or potential of cyber risks, along with the strategies and mitigation approaches needed. Developing contingency and backup plans, and remediation methods to manage unforeseen attacks and threats can help organizations avoid serious repercussions.

During her session, Ms. Delmar will highlight the key elements necessary to build an effective risk management framework in the face of increased cyber security threats in financial institutions. The session will also focus on analysing the most top of mind challenges in cyber security, and best appraoches to overcome these challenges.

MetricStream’s Enterprise Risk Management (ERM) Solution helps organizations identify, assess, quantify and track a multitude of risks in a unified manner. MetricStream solutions, which won accolades as ‘Top Ranked GRC Offering – 2014,’ brings together a wide array of risk-related data and assessments into a single platform. With advanced capabilities such as workflows and risk heat maps, it helps enterprises make more informed, strategic decisions.

To learn more about the event here.

About MetricStream

MetricStream, the independent market leader in enterprise and cloud applications for Governance, Risk, Compliance (GRC) and Quality Management, makes GRC simple. MetricStream apps improve business performance by strengthening risk management, corporate governance, regulatory compliance, vendor governance, and quality management for hundreds of thousands of users in dozens of industries, including Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and R&D center in Bangalore, India, and sales and operations support in 12 other cities globally. (www.metricstream.com).

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Molly Palm : pr@metricstream.com | (925) 451-1468

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