RiskLens, the leading provider of cyber risk quantification (CRQ) software, and ServiceNow, a leader in the Gartner Magic Quadrant for Integrated Risk Management, have teamed up to integrate the RiskLens Platform with ServiceNow Governance, Risk and Compliance (GRC). Joint customers can begin using the integration immediately.
"Risk quantification is now seen as a core pillar of any Integrated Risk Management program according to Gartner," RiskLens CEO Nick Sanna commented. "We are building an ecosystem of partners which represent the best in their respective industries. As a leader in the Integrated Risk Management space, we are proud to integrate the RiskLens Platform with ServiceNow."
"In order to drive effective Integrated Risk Management programs, organizations need to be able to prioritize and respond to risk based on the impact to the business,” said Sean Convery, vice president and general manager of ServiceNow’s Security and Risk Business. “Customers now have the ability to combine the risk analysis available in ServiceNow GRC with advanced quantification techniques to help strengthen their risk posture.”
The RiskLens Platform is built on the Factor Analysis of Information Risk (FAIR) standard, which is now in use at nearly 30% of Fortune 1000 organizations, judging by their representation in the membership of the FAIR Institute. The Institute was recently honored as one of the three " Most Important Industry Organizations of the Last 30 Years" at the 2019 SC Awards.
The ServiceNow integration is the latest one expanding the reach of the RiskLens CRQ platform–the company previously announced integrations with RSA Archer and ACL RSAM.
GRC image courtesy of ServiceNow