What you need to know, and why your business needs to assess CCM now
What is Continuous Controls Monitoring exactly?
According to Gartner, “Continuous Controls Monitoring (CCM) is a set of technologies to reduce business losses through continuous monitoring and reducing the cost of audits through continuous auditing of the controls in financial and other transactional applications.”
However, the Quod Orbis CCM managed platform is capable of delivering an even more comprehensive and far-reaching set of benefits than are hinted at in the Gartner CCM definition. Indeed, the benefits can positively impact across your entire business.
With Quod Orbis CCM, businesses can implement this set of technologies as an automated, highly visible, business-wide CCM managed solution that continuously monitors their key systems and data in real time to protect business operations, revenue, reputation and profits from cyber and digital risk.
And with the added support of Quod Orbis experts – included in the service wrap that’s part of our CCM managed solution – your business will achieve a single, unified, accurate and independent view of risk, with continuous compliance and early warnings of potential vulnerabilities.
A maturing and increasingly stringent regulatory environment – and continuing digital transformation with its attendant, increasing risk of breaches – all mean that businesses must act, and quickly.
The risk of data-related fines, reputational loss and share price impact is very high indeed. By comparison to this exposure, the cost of CCM is a relatively small investment, and ROI is rapid.
Traditional manual-intensive, point-in-time, error-prone ways of managing audits and compliance are now worryingly inadequate for the complex task in hand.
CCM is the automated, real-time solution that mitigates the continuing worry and drain on resources typically presented by digital and cyber risk management in medium-size and large organisations.
The Quod Orbis CCM managed platform, moreover – with its included service wrap of support from Quod Orbis experts – makes the business case for CCM even more powerful.
CCM is the new benchmark for organisations looking to streamline compliance and manage cyber risk more effectively. It can offer complete visibility over all your cyber solutions, and help you to maximise your current investments and highlight any potential gaps in coverage.
CCM achieves this while automating previous manual tasks and significantly reducing time, effort and costs. To understand this, we need to look at the controls landscape and how CCM fits into that.
Typically, organisations expend a phenomenal amount of energy and cost on controls in a bid to meet their security needs. Yet most don’t have absolute confidence that their controls are performing adequately, or that their risks are materially reduced.
Ever-changing regulatory complexity compounds this uncertainty and businesses can be left overwhelmed by compliance and regulation.
To counter the increasingly targeted threat landscape, organisations have invested in many solutions to secure their data and employees. However, this in itself presents a massive challenge.
While many organisations invested in advanced malware solutions, SOCs and managed threat services, no one was looking to see if the data going in was accurate or that the solutions are working effectively long after they are installed.
Thankfully, CCM is a new and advanced approach that addresses these factors.
Taking a holistic view, and incorporating digital risk, engineering and analysis, the Quod Orbis CCM managed platform is positioned at the forefront of the CCM market. It is not just another new security tool, but a solution that brings together and maximises all of your investments in that area.
It is revolutionising security practices to reduce cyber risk, increase automation and visibility, reduce time and costs, and ensure accuracy and peace of mind – all in a single hosted platform which demonstrates compliance to all global frameworks.
See our unique continuous controls monitoring platform