MetricStream enables organizations to ensure compliance with multiple regulations and established security standards, including those outlined by the National Institute of Standards and Technology (NIST) by harmonizing mappings with a ‘test once, comply with many’ approach. Organizations can adopt NIST’s guidance by configuring it to best suit their risk profile and security needs. MetricStream’s Federated Data Model enables an integrated approach to managing various requirements, risks, controls, and policies, strengthening compliance and risk visibility.
NIST Compliance Simplified
MetricStream enables organizations to ensure compliance with multiple regulations and established security standards, including those outlined by the National Institute of Standards and Technology (NIST) by harmonizing mappings with a ‘test once, comply with many’ approach. Organizations can adopt NIST’s guidance by configuring it to best suit their risk profile and security needs. MetricStream’s Federated Data Model enables an integrated approach to manage various requirements, risks, controls, and policies, strengthening compliance and risk visibility. Organizations can upload pre-packaged content, such as NIST CSF and NIST SP800-53, and get their IT Compliance program up and running in no time.
How Does MetricStream Help You Achieve NIST Compliance?
Proactive Risk Identification and Mitigation
Adopt a proactive and business-driven approach to managing and mitigating IT and cyber risks. Actively conduct IT risk assessments, implement controls, and take mitigation actions as needed. Leverage advanced analytics and reports to gain actionable IT risk intelligence in a timely manner, providing comprehensive visibility into the top cyber risks faced by the organization.
Structured and Streamlined IT Compliance Management
Establish a centralized structure that provides top-level visibility into the overall IT compliance hierarchy, including processes, assets, risks, controls, and audits, and eliminates duplication of efforts. Intelligently map controls to IT regulations and policies and quickly identify the controls for a given regulation, the assessments done on a specific control, and the issues logged from the control assessments.
Harmonized Controls Across Various Compliance Requirements
Standardize and harmonize controls across multiple IT regulations and frameworks, improving compliance and saving effort and costs. Leverage the integration between the Unified Compliance Framework (UCF) and the MetricStream GRC library to enable dynamic linking of IT regulations with UCF control statements.
Simplified Self-Assessments and Surveys
Leverage pre-defined templates and schedules to easily deploy IT compliance surveys, certifications, and control self-assessments, and upload data using a simple form-based interface. Aggregate and analyze survey and assessment data and unlock valuable insights for better-informed business decisions.
Intelligent Issue and Remediation Management
Document, investigate, and resolve IT compliance and control issues in a systematic and automated manner. Leverage AI/ML to quickly and intuitively identify and classify issues. Automatically send out alerts to relevant stakeholders to ensure remediation actions are on track and track progress until closure.
What Benefits You Can Expect?
- Considerable time and cost savings in executing and completing risk assessments when using a framework such as NIST
- Reduced evidence requests through de-duplication
- Significant operational efficiencies from harmonization of controls and rationalized IT control assessments across standards and frameworks
- Enhanced maturity of the IT compliance function, resulting in better corporate brand recall among auditors, governing bodies, and investors
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Frequently Asked Questions
The standards agency, NIST, has developed various cybersecurity frameworks, guidance, and standards, such as the NIST Cybersecurity Framework (CSF), the NIST Special Publications 800-53, 800-53A, and 800-53B. These frameworks incorporate industry best practices to help organizations understand and manage their cyber risks (threats, vulnerabilities, and impact) effectively using a prescribed approach. The frameworks and standards are recommended for organizations to ensure that their cybersecurity program is aligned to industry best practices.
You can explore MetricStream CyberGRC products that enable organizations to implement a robust cybersecurity risk management program and framework based on established security standards and industry best practices. To request a demo, click here.