DefenseStorm GRID Active Risk Assessment and Governance Package is a cybersecurity risk and compliance management solution designed specifically for financial institutions such as banks and credit unions. The platform automates risk assessments and evidence collection, providing a centralized view of cyber and information security risks and controls. It supports adherence to multiple industry control frameworks including NIST Cybersecurity Framework 2.0 (CSF 2.0), CIS Controls, and the FFIEC Cyber Assessment Tool (CAT). Key capabilities include: - Continuous Risk Assessment: Ongoing evaluation of risks and controls with centralized data management to track how the organization's risk profile evolves over time. - Linked Risks and Controls: Connects risks and controls in the register to the organization's audit and policy universe, providing a comprehensive view of the risk management program. - Flexible Risk Assessment Scoping: Allows filtering and segmentation of risk assessments (e.g., eBanking-specific or organization-wide), with support for quantitative scoring models or custom aggregate risk scores. - Automated Evidence Collection: Pre-mapped Task Schedule templates automate program activities and map directly to framework and self-assessment directives, reducing manual effort. - Governance and Monitoring Scheduling: Users can schedule governance and monitoring activities aligned to their compliance program cadences. - GRID Active Reporting: Customizable dashboards and dynamic visualizations support data-based decision making and reporting tailored to different audiences. - Audit Preparation: Streamlines audit and exam preparation by maintaining ongoing documentation and evidence within the platform.