No organization today is immune to risks. All organizations are threatened with risks that can negatively affect the business. Risk management practices in the business can help to identify, measure and analyze these threats in order to reduce material, reputation, opportunity and also be cost-effective. The market is filled with companies that provide risk management tools. Choosing these tools can be confusing. With the competition emerging in the market with multiple solutions, one such product beating the confusion and cost challenge is MYRA. MYRA (MyRiskAssessor) is a product offered by the C2C SmartCompliance.
MYRA is a uniquely designed full-function low-cost product. One of the clientele feedback stated that MYRA functionality was far outreached as compared to other products. Also, the cost was significantly below what is perceived to be the next level of products. Having a strong documented methodology is paramount and C2C provides a full methodology document when anyone licenses MYRA.
Aligning Strategy with Business Objectives
C2C SmartCompliance is a specialized enterprise governance, risk and compliance software, and service provider. The company was established by professionals with over 25 years of GRC auditing and consulting experience. C2C methodology aligns an organization’s compliance strategy with specific business objectives. Its products automate the costly manual processes and perform tasks in hours that normally take days. MYRA addresses the challenges of protecting assets with a cost-effective solution that conducts risk assessments and provides management process visibility.
The MYRA product is uniquely designed to offer organizations with the competence to undertake a risk assessment in a controlled manner. Often individuals are not comfortable with the rapid technological shift, thus MYRA is a product that can be easily undertaken by individuals regardless of the skill level. The product aims to overcome the issue of staff being excluded due to the lack of perceived knowledge. MYRA also comes with embedded supporting components:
- Asset Risk Assessment
- Extensive Threat libraries linked to Vulnerabilities, linked to security controls
- Risk Treatment process – comprehensive management and workflow
- Business Impact Analysis (BIA) linked to the risk
- Gap assessments
- Ability to filter asset and provide roll-up across multiple environments – score comparisons
- 2FA if required, to provide the extra level of security
Recognized Leader in GRC Arena
Steve Crutchley (Founder and CEO of C2C) established C2C intending to support clients and their needs. He is a veteran in the field with more than 25 years of experience in Business Protection, combined with extensive knowledge of the industrial, commercial, government and financial areas. Steve is not just a recognized leader but also a foremost authority in the Governance, Risk, and Compliance (GRC) arena. He started his career with the Computer operations and also served as a security techie managing RACF. Over the years, he gradually managed to go up the ranks and ended up managing multiple MVS installations internationally.
Steve is a serial entrepreneur and has a string of success in his career with multiple successful ventures. He adds, “If I was to start again, I doubt much would change – I enjoy what I am doing supporting clients and their needs. I moved into consultancy many years ago and started to develop my IP which took me into the product development realm. I came to the US in 2002 and in 2005 Symantec acquired my first business for a development we had. It is also nice to know it’s still running today.” Presently, C2C has a strong service management culture and Steve is content and happy with the success.
Navigating Through the Compliance Maze
Being a part of the industry for years has benefited Steve with experience which helps him navigate the organizations through the risk business protection (security) and compliance maze. He assists the clients in selecting and delivering the processes and solutions that will mitigate the risk and support corporate governance.
Technology is vulnerable to risk and to eliminate that risk leaders need to invest in the risk management tools. However, Steve encounters a few leaders who are not convinced by the idea of investing in risk management tools. He further explains, “Risk isn’t just for the clever people; we deal with risk day-in and day-out and having an easy to use and consistent product makes MYRA the best ROI for any risk product in its class.”
Skilled and Knowledgeable Teammates
The competition in risk management services is rising rapidly. Thus, the team at C2C utilizes its products to offer value for money services. Steve believes that the team has to have supporting capabilities in the ‘back-pocket’ to ensure that they can effectively compete in the space.
The team of C2C comprises of skilled and knowledgeable individuals across multiple disciplines. These individuals utilize MYRA in their day-to-day activities. Through using the product regularly the team can also ensure that MYRA is updated regularly and incorporating all the client suggested changes.
Supporting the Business in Need
Steve established C2C to provide cost-effective solutions supporting the business need. The services and products of the company go beyond the risk management tool. C2C has a full function mapping capability in the Compliance Mapper product where it supports large organizations needing to ensure compliance with multiple regulations, standards, and best practices. In the coming years, C2C plans upgrade the services as per the client requirements and fulfill its ultimate goal to support the business in need. “The C2C goal is to continue providing full function, cost-effective solutions. I have come through the big-spending days and now we want value for money!” Steve concluded.
