Risk Management
Sigmify GRC’s Risk Management module enables organizations to proactively identify, assess, and mitigate risks across business and IT environments. Integrated with SIEM, HRM and real-time monitoring systems, it provides continuous risk intelligence, event correlation, and complete traceability while aligning risks with controls, compliance requirements, and audit processes.
Key Features & Capabilities
Risk Identification & Classification
Identify and register risks across technology, processes, third parties, and compliance domains using structured templates and tagging. Integration with SIEM, HRM systems enriches risk identification with real-time threat signals and event data for accurate classification.
Centralized Enterprise Risk Register
Maintain a dynamic, filterable risk register capturing ownership, severity, treatment status, and history. Real-time updates driven by SIEM, HRM alerts and monitoring tools ensure no critical risk goes unnoticed.
Configurable Risk Scoring Engine
Assess risks using customizable impact and likelihood parameters aligned with regulatory and organizational frameworks, enhanced with SIEM, HRM driven analytics and risk correlation insights.
Risk Heat Maps & Visual Analytics
Visualize risk exposure through dynamic heat maps and dashboards, combining compliance data with SIEM, HRM generated metrics to provide actionable insights across departments, business units, and risk categories.
Risk Treatment & Mitigation Planning
Define mitigation actions, assign ownership, set timelines, and track progress through structured workflows. Integration with SIEM, HRM helps validate mitigation effectiveness using real-time security and system events.
Residual Risk Evaluation & Monitoring
Automatically calculate residual risk post mitigation and continuously monitor high-risk areas. SIEM, HRM integration enables ongoing validation using live threat intelligence and operational data.
Linkage with Controls, Compliance & Audits
Map risks to controls, audit findings, and policies to maintain traceability and establish a unified GRC view, enriched with SIEM, HRM -based monitoring and compliance validation.
Risk Reviews, Reporting & Reassessments
Schedule periodic risk reviews and reassessments with automated reminders and escalations triggered by risk events and SIEM, HRM alerts, ensuring proactive governance and reporting for leadership.
Comprehensive. Timely. Assured
Comprehensive – Are we identifying and managing all relevant risks?
Sigmify supports enterprise, IT, vendor, and process-level risk assessments through flexible templates and scoring frameworks. Integrated with SIEM, HRM driven insights, it ensures risks are continuously identified, mapped, and managed across assets, departments, and controls.
Timely – Are we assessing and responding to risks at the right time?
Automated workflows, risk triggers, and periodic reassessments ensure risks are evaluated and addressed promptly. SIEM, HRM powered alerts enable real-time detection and escalation, preventing critical risks from being overlooked or delayed.
Assured – Do we have governance and visibility into risk controls?
Real-time dashboards combine compliance data with SIEM, HRM generated insights to present clear visibility of risk exposure, mitigation status, and residual risks. This ensures strong governance, accountability, and confidence for leadership and regulator
Other Products of Sigmify GRC
Compliance & IT Governance
Assessments
Data Discovery & Mapping
Consent Management
Vendor Risk Management
Audit Management
Breach and Exceptions Management
