Integrated
Risk Management (IRM)

Go beyond the traditional, compliance driven GRC technology with our IRM Platform, Lynx Risk Manager.

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Lynx Risk Manager

Faster Response to Threats with Real-time Visibility of Risks

Integrated Risk Management = Enterprise-Level, Strategic Decision Making

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“In my InfoSec / Cybersecurity journey spanning over two decade as CISO Trusted Advisor, Enterprise CISO and Virtual CISO, I am so tired of seeing GRC tools that are overengineered and need a PhD with a million-dollar budget to procure, implement and customize to even work! I strongly believe that LRM is a must-see and must-have for both Enterprise CISOs and Virtual CISOs like myself.”

 

Taiye Lambo

Founder , HISPI & CloudeAssurance

Lynx Risk Manager (LRM)

Enables customers to reach higher levels of program maturity and deliver real value in the form of stronger performance, increase resilience, better assurance and more efficient compliance.

CISOs prefer a risk-based, data-centric approach to security compliance activities, hence the shift from GRC to IRM. Lynx Risk Manager goes beyond the traditional, compliance-driven GRC technology solutions to provide actionable insights that are aligned with business strategies, not just regulatory mandates.

LRM removes the friction between IT and Security, making life easier for security operations and IT because it provides an integrated view of all assets

IRM helps identify redundancies and inefficiencies in organizational compliance and security, allowing CISOs to eliminate processes that add no value, allocate funds and human resources more effectively, improve compliance and security functions on all levels, and free up employees to work on projects that further their companies’ goals.

Our powerful risk and compliance solution allows an organization to immediately improve their audit workflow and then assess their IT risk posture against internal and external regulations. Lynx Risk Manager can identify and prioritize risks to unique business interests across all types of resources within frameworks of predefined compliance and control regulations, best practices and automated workflows.

Simplify how you are reporting on risk within your organization with a single pane of glass solution.

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“The Lynx Integrated Risk Management platform is a game changer. Touchstone Security delivers strategies for securing our customers’ most sensitive information. So, it was critical for us to find a solution that deploys rapidly and solves a host of unique challenges in the areas of Security, Governance, Risk, and Compliance. Lynx Risk Manager (LRM) elevates our capability to establish a highly efficient and proactive approach to manage risk for our customers.”


 
 

Rich Shinnick

CEO, Touchstone Security

Imagine having data at your fingertips that can help you quantify risk, justify risk management spending and track the performance of your risk management programs.

Collect data on cyber security risk in your organization and translate it effectively to your nontechnical colleagues.

Gather reports to help you communicate effectively with leadership while ensuring you stay safe in a constantly changing cyber security landscape.

What’s the Difference

GRC vs IRM Solutions

Solution Characteristics

  • Architecture
  • Content
  • Design
  • Market Definition
  • Features / Functions
  • Buyers / Influencers
  • Use

GRC

  • Closed, Proprietary
  • Compliance-driven
  • Technical, Control-Based
  • Ubiquitous, Meaningless
  • Rigid
  • Technical Practitioners
  • Internally-Driven, Departmental

IRM

  • Open, Integrated
  • Risk-focused
  • Business-oriented, Process-based
  • Targeted, Purposeful
  • Flexible
  • Business Leaders
  • Ecosystem-driven, Cross-Business Unit, Partners / Suppliers
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Why Lynx?

“We can get reports out of Lynx quite easily… We are also required to be FDA and J-SOX compliant, and Lynx Risk Manager allows us the ability to develop clear policies and procedures…”

Anthony Sica, Executive Director of IT, Shiseido

Use Cases

Lynx Risk Manager

Delivers horizontally integrated capabilities across a set of six primary use cases. The use cases include:

Digital Risk Management (DRM)
Lynx Risk Manager supports DRM by integrating the management of risks specifically associated with digital business components, such as cloud, mobile, social and big data, as well as third-party technology, such as artificial intelligence and machine learning, operational technology (OT), and the Internet of Things (IoT).

Vendor Risk Management (VRM)

Lynx Risk Manager is purchased through a SaaS model.  Also, our professional services team utilizes it to support and provide managed services of customer’s vendor risk management programs.  LRM helps organizations manage the risks of third parties with adequate controls for business continuity management, vendor performance, vendor viability security and data protection. Enterprises understand that failure to comply with these mandates can have significant audit-related, and, for some industries, regulatory repercussions, which can undermine shareholder value and corporate viability. Lynx Risk Manager addresses risks related to regulatory compliance, information security and vendor performance that arose from enterprises’ increased use of, and reliance on, service providers and IT vendors.

Corporate Compliance & Oversight (CCO)

The scope of compliance management programs continues to increase. Regulatory compliance and change management gets more and more complicated. The recent increase in focus on commercial compliance (increasingly required by business partners) and organizational compliance requirements (such as ethics and corporate social responsibility) has made the compliance manager’s role ever more challenging. Corporate compliance and oversight software supports the goals and activities of compliance leaders, providing automated policy development and management, compliance risk assessment, control rationalization, assessment and attestation, regulatory change management and investigative case management.

Audit Management (AM)

Lynx Risk Manager helps risk owners and management struggling to identify risk or adequately mitigate risk by helping to automate audit planning, scheduling, work paper management, time & expense management, reporting and issue management.  Internal auditors have three roles: auditing, providing advice to middle and senior management, and providing consultation to business process stakeholders. Lynx Risk Manager enables internal auditors to provide independent and objective insight on risk.

Coming Soon: Business Continuity Management (BCM)

Lynx Risk Manager facilitates business continuity management (BCM) by coordinating, facilitating and executing activities that ensure an enterprise’s effectiveness in identifying risks that can lead to business disruptions, implementing disaster recovery solutions and recovery plans, responding to disruptive events and recovering mission-critical business operations. Lynx Risk Manager automates processes such as risk assessment, business impact analysis (BIA), and recovery plan development, exercising and invocation. Lynx Risk Manager can greatly benefit organizations by jump-starting their BCM programs and quickly improving their overall continuity capability.

Coming Soon: Enterprise Legal Management (ELM)

Enterprise legal management software applications are focused on supporting legal and compliance departments, corporate secretaries, boards of directors and senior management. They provide support through better documentation, spend management, information availability and collaboration via an integrated set of applications that include matter management, e-billing, financial/spend management, legal document management and business process management.

Integrated Risk Management Methodology

Simplify how you are reporting on risk within your organization with a single pane of glass solution.

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