Digital Transformation initiatives promise considerable gains in productivity and business advantage. With these changes come new opportunities for managing enterprise Security, Risk, & Privacy. The dramatic increase in the size of remote workforces and the expanding attack surface and perimeters has created unprecedented changes to the way we manage security and privacy risks. This is compounded by the already difficult challenges of managing the rapid pace of technological change, the growing skills and resource gaps we are all facing.
Continuous monitoring and validation improve an organization's ability to prioritize and respond to these risks and issues and focus on the things that matter. Alcor Solutions works with some of the top security, risk, and privacy experts and manufacturers to provide advisory, implementation, and managed security services with a focus on the following key outcomes:
Leveraging a combination of best-in-class technologies from our partners, and the growing list of industry standards and controls, we advise and train our clients on the best approach to digital transformation to enable security, risk, and privacy as standard function across the organization to be able to achieve your business goals.
We help our customer implement tools and processes focused on reducing enterprise security risk, preparing to analyze security threats, defend critical business assets, and respond rapidly to security and privacy incidents. Our goal is to ensure that the appropriate security, risk, and privacy practices are established across the organization.
Despite the increased focus on security, risk, and privacy many organizations are not confident in their ability to detect and respond to a security or privacy breach because of either a lack of in-house expertise or an insufficient number of skilled personnel. Our Managed Security Services allows you to leverage highly specialized skills, technology, expertise.
Alcor go beyond OOB capabilities by developing custom Security Risk Privacy playbooks to address specific security risk privacy problems across your enterprise.
We take the base Security Risk Privacy products to the next level by leveraging integrations with industry leading machine learning, robotic process automation, and data analytics tools.
Alcor understands the unique regulatory and compliance requirements that customers are mandated to work within. We have worked with many organizations across multiple industries to ensure they have real time visibility into their internal and external compliance posture using the ServiceNow Policy and Compliance Management application. We do this by helping you leverage existing third-party compliance frameworks, leverage existing policies, automate evidence collection, and automate continuous monitoring of controls.
Alcor has worked with customers across many industries to build and accelerate adoption of ServiceNow to meet its Risk Management objectives. Our goal is to help the customer build their risk register, conduct qualitative and quantitative risk assessments, manage their risk response plans, as well as continuous monitoring of their risk exposure across the enterprise.
Alcor's experience in working with clients on many GRC projects strengthens our ability to help optimize the productivity of your internal audit team with the use of the ServiceNow Audit application. We do this by helping you identify any prerequisite activities needed to start an audit engagement and guiding your use of the audit application to take advantage of integrations with other ServiceNow GRC applications. This allows you to manage an entire audit management engagement with visibility into risks and controls of the areas being audited.
Customer vendor risk processes and tools cannot keep up with the pace at which their organization builds relationships with vendors. Lack of the visibility into vendor risk opens the door to costly data breaches, fraud, and other consequences. Alcor has experience in implementing the Vendor Risk Management application to provide a centralized process for managing your organization's vendor portfolio, integrating with vendor security score providers, automating the submission of risk assessments to vendors, and helping you manage remediation of issues. Our goal is to ensure you can continuously detect changes in vendor risk exposure in real time and positioning you to collaborate with vendors effortlessly.
Business interruptions are ranked as the most important global risk for the sixth year in a row according to the Allianz Risk Barometer 2019. Additionally, Gartner states that each minute of downtime costs an enterprise an estimated $5,600 USD. Alcor's goal is to help you better plan for disaster and crisis and mitigate the business continuity costs with the implementation and adoption of the ServiceNow Business Continuity Management application. The outcome of our engagement with you will allow you to conduct business impact analysis, business continuity plans, exercises and respond to crisis using ServiceNow digital automated workflows.
Alcor implements the Security Incident Response Management for customers to help you track the progress of security incidents from discovery and initial analysis, through containment, eradication, and recovery, and into the final post incident review, knowledge base article creation, and closure. We do this by working with you to understand your current Security Incident Response Management tools, processes, and security organization structure. With this information, we can integrate with your existing security management tools and help utilize ServiceNow security workflows that are aligned with best practices.
We can help integrate your vulnerability scanning tools with ServiceNow so that you can use reporting dashboards to get real time visibility of vulnerabilities in your environment. In addition, we can suggest and implement vulnerability response features to use automation to prioritize and remediate vulnerabilities.