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Why Would a Business Use Continuous Controls Monitoring to Identify and Track their Assets?

Why would a business use Continuous Controls Monitoring to identify and track their Assets?

So many businesses that have grown will have had teams come and go, as well as new tech and processes implemented, so it’s no wonder that assets get forgotten. That is when they often implement a CMBD or asset management tool. They often feel that they have that single source of truth already but so often when working with clients we have been able to ascertain quickly that this not entirely the case.

As our CCM platform connects to any data source we are able to identify assets that are often not discovered by their CMBD, so whilst many believe that Continuous Controls monitoring can provide that single source of truth to your cyber security risk and regulatory compliance environment, there is maybe a little-known fact that CCM significantly improves your overall asset visibility in the following ways:

Real-time Monitoring: CCM allows organisations to monitor their assets in real-time. By continuously evaluating controls and processes, CCM can quickly identify any discrepancies or unauthorised activities related to assets. This real-time monitoring helps organisations respond swiftly to potential issues and prevent asset loss or misuse.

Total Security Coverage: Continuous controls monitoring allows all assets in your entire tech infrastructure to be discovered and monitored and this not only helps you to reduce risk (see below), but also means you can remediate potential issues faster, initialise security measures and policies quicker and respond to threats and risks like never before:

  • Proactive Risk Identification: By constantly analysing controls, CCM can identify potential risks and vulnerabilities in asset management early on. This proactive approach helps prevent asset-related incidents and allows organisations to address potential threats before they escalate.
  • Data Accuracy: CCM relies on data-driven insights to assess controls and their effectiveness. By analysing large amounts of data continuously, CCM helps maintain accurate and up-to-date information about the organisation’s assets, reducing the risk of outdated or incorrect asset records.
  • Significantly Improved Compliance: Asset visibility is often closely related to compliance requirements. CCM ensures that the organisation adheres to relevant regulations and internal policies, reducing the risk of non-compliance penalties and maintaining the integrity of asset records.
  • Reducing the attack surface: CCM allows you to discover your assets and monitor them meaning you are significantly reducing the ability of any cyber threats to infiltrate your business
  • Fraud Detection: CCM can be effective in detecting and preventing fraudulent activities related to asset management. By monitoring controls continuously, organisations can identify suspicious transactions or discrepancies that may indicate fraudulent behaviour.
  • Operational Efficiency: Asset visibility is crucial for optimising asset utilisation and resource allocation. CCM helps streamline asset management processes, identify underutilised assets and ensure that assets are deployed efficiently across the organisation.
  • Enhanced Decision-Making: Having comprehensive asset visibility enables better decision-making. With real-time data on assets and their status, stakeholders can make informed choices about asset maintenance, replacements and investments.
  • Reduced Downtime: By continuously monitoring assets and their controls, CCM helps identify potential maintenance issues or performance concerns promptly. This leads to reduced downtime and improved asset reliability.

Overall, Continuous Controls Monitoring plays a vital role in enhancing asset visibility by providing organisations with real-time insights, proactive risk identification, accurate data, improved compliance, fraud detection, operational efficiency and better decision-making capabilities. These benefits enable organisations to manage their assets effectively and safeguard against potential risks and losses.

Why not discover how we can support your asset visibility with our CCM platform.

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Address:
2nd & 3rd Floor,
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City Of London,
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EC4V 5DR

 

Liam Flavin

Intern Developer -

Ekaterina Kuzevanova

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Mohamed Mohamud

Front End Developer -

Juan Morales

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Luke Bakare

DevOps Engineer -

Rutvik Belapurkar

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Harman Singh Malhotra

Technical Analyst -

Jason Wilkes

Technical Lead -

Annie Greenfield

Marketing Executive -

Will Tonge

Head of Recruitment -

Will has spent the last 9-years embedded in Cyber Security working with global, household names and innovative start-ups.

Passionate about bringing people and technology together, Will has worked in various settings, helping build high-growth organisations across multiple sectors. During this time, he has built an extensive network with access to some of the best talent out there.

Outside of QO, his young daughter keeps him well on his toes!

Shaun Barnes

DevOps Team Lead

Mark Hudson

Non-Exec Director -

Mark works with SMEs and charities to develop strategies to help them grow and access development capital. He is a NED, charity trustee and mentor to a wide range of people. His plural career started in 2017 after 16 years at pwc as a Deals partner working with large corporates and PE houses; at pwc he also ran the Retail and Consumer practice and was Chairman of the pwc UK Supervisory Board. Prior to pwc he was an executive director at Welcome Break and Iceland Group, and a partner at Bain and Company. He trained as an engineer at Imperial College and has an MBA from INSEAD. 

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Eamon Flavin

Non-Exec Director -

Eamon is a highly regarded and massively respected technology career professional as well as serial entrepreneur. He has started, grown and successfully taken to market three technology business.

Genuinely expert in technology, Eamon has enjoyed long-term working relationships with many of the world’s top companies and organisations in finance, banking, government, manufacturing, engineering, technology and the charities sector.

He draws on unparalleled contacts and experience and provides advice, solutions and recommendations, as well as helping respond to emergencies. Eamon has grown in-house and client teams and has a gift for hiring great people.

Peter Martin

Non-Exec Director -

Peter has the ability to do what many fail to and that is to consistently bring together highly professional teams and build a business environment that is supportive, agile, professional and where everyone enjoys coming into the office.

Bringing a unique blend of business acumen and technical knowledge to the role of non-exec director, Peter has already demonstrated his ability to bring an exceptional flair for dealing with complex situations with a clear, considered approach.

Personally, Peter brings humility and a strong moral compass to the team. His disarming and self-deprecating approach wins everyone over.

Anwen Haynes

Head of Marketing -

Anwen has worked in B2B and B2C marketing for over 20 years. From transforming end-to-end customer journeys in retail with strategic customer-centric plans to target driven focused strategies for B2B sales. With extensive experience in digital marketing including SEO, as well as Brand development, she loves to develop a cohesive approach to brand image and communications to drive and develop the business proposition and perception.

Alice Walker

Head of Customer Success -

Alice has worked in the IT industry for 20 years. Starting in Procurement, she moved into Software Asset Management before transitioning into Customer Success Management. Working across a variety of roles for different industries as both a customer and a service provider has given her a great understanding of what makes a great service. She has always been passionate about building and maintaining great customer relationships and helping her customers achieve their goals.

Owain Rowley

Lead Developer -

Owain has spent nearly a decade building software solutions and products within the cyber security sphere for the likes of government entities, large telecommunication companies, banks and card transaction companies.

This level of experience allows him to swiftly identify business and security processes that can be streamlined with automation, increase the efficiency of existing processes, as well as generate insightful data visualisations and models for members of an organisation at each different level.

Ami Penolver

Head of HR & Legal -

Ami is a finance sector career professional, with many years’ experience working in financial services, both in London and throughout the UK. In addition to financial control, she looks after HR and legal for the company.

Being a mother of two also equips her with the basic skills required to manage a senior team of management and technology consultants.

Ami’s sense of balance and perspective is an essential ingredient of the Quod Orbis culture.

Alastair Dickson

Commercial Director -

Alastair has spent the last 20 years working in Cyber Security and Risk Management. He is a passionate believer that security solutions should enable a business to take advantage of all the benefits of the digital world, while not putting the organisation’s data or productivity at risk.

Alastair has developed high-performing teams in some of the industry’s most competitive markets and launched new innovative technologies to market.

Being a rugby coach, and also having four sons at home, means he has lots of experience in keeping a passionate team in order but always has time for some fun!

Gary Penolver

CTO -

Gary has 15 years’ experience in senior technology roles, and has already been closely involved in starting and taking two technology companies to market.

Totally comfortable with a fast-moving, state-of-the-art technical landscape, he helps his clients maintain and improve security and compliance.

He has a reputation for delivering pragmatic and easy to maintain solutions – business owners and managers enjoy knowing that the security and compliance is well managed and automated, properly instrumented and reported at a competitive cost point.

Honest, open, unflappable and very social, Gary is trusted by many household-name organisations to protect their, and their client’s data.

Martin Greenfield

CEO -

Martin is an experienced technology and organisational transformation specialist and an excellent, proven leader and communicator in mission-critical operations, particularly in security technology.

Over the past 20 years, multi-billion pound commercial organisations, including global banks, utilities and major investment funds have trusted Martin to transform their operations to meet financial, operational and compliance targets.

Martin optimises operations, managing and transforming operational teams of between 50 and 500 people, to deliver the highest levels of audit compliance, risk management and financial efficiency.

Often working with other major consultancies and suppliers for new global corporate owners or management teams, Martin will help integrate and streamline operations on a global basis.

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