Accelerating Cyber Security in the Automotive Sector, in Partnership with PROOF by ESCRYPT
Alyne’s GRC Software as a Service, has partnered with an automotive security specialist, ESCRYPT as well as KPMG to offer joint expertise in developing the Product Security Organisation Framework (PROOF).
Alyne and ESCRYPT Partnership
New regulations and standards such as UN R155 and ISO/SAE 21434 have made it mandatory for businesses in the automotive industry to be compliant with cyber security management. Alyne’s GRC Software as a Service, has partnered with an automotive security specialist, ESCRYPT as well as KPMG to offer joint expertise in developing the Product Security Organisation Framework (PROOF).
Navigating automotive cyber security challenges with PROOF
PROOF is a centralised framework where organisations can find leading international and regional automotive security regulations and standards. The maturity model offered within PROOF aims to empower automotive firms to perform a comprehensive, transparent risk assessment of their organisation as well as their suppliers and gain a comprehensive overview of their overall risk and compliance maturity.
PROOF is a maturity model that can be used to systematically measure and optimise vehicle security and all related processes. It covers cyber security in the automotive sector in five domains:
- Cyber Security Management
- Risk Management
- Concept and Development
- Production and Operation
- Ecosystem
Read the full Press Release, issued by ESCRYPT GmbH.
Apply proven methodology to optimise cyber security efficiency within your organisation
Alyne’s partnership with an automotive security specialist, ESCRYPT, assures decision-makers that maturity assessments are backed by specialised expert knowledge in the field. With this, organisations can confidently identify and visualise any gaps against regulatory requirements. This makes PROOF a necessary digital management tool for automotive companies to manage security throughout their supply chain as they obtain transparency of their vendors’ cyber security management capability, efficiently and effectively.
With PROOF being integrated into Alyne’s platform, it offers users access to extended capabilities to digitalise end-to-end risk management processes, from assessments to detailed reporting.
Benefits of leveraging PROOF in Alyne platform:
- Achieve optimal efficiency in rolling out Cyber Security Management Systems within your organisation
- Leverage on Experts’ knowledge with decades of experience in auditing and automotive security engineeringLearn more about PROOF here.
Learn more about PROOF in a webinar
In this recorded webinar, Felix Schock, Head of Customer Success at Alyne, conducted a demonstration on how users can leverage Alyne’s technology and PROOF to meet regulations and measure compliance for effective cyber security supplier governance.
Key topics and takeaways covered in the webinar include:
- How to achieve easy integration of multiple regulations and standards
- How to meet regulations and measure compliance with a scalable Governance Risk Compliance solution
- How to use PROOF for effective cyber security supplier governance
Watch the recorded webinar here.
About ESCRYPT
ESCRYPT is a leading supplier of IT security solutions in embedded systems and of consulting and services for enterprise security and IT-secured manufacturing. Millions of ESCRYPT solutions are currently in use, especially in automotive security and automotive manufacturing applications. In addition, ESCRYPT provides dedicated security services for corporate IT to the Bosch Group and its products.
ESCRYPT was acquired by the Bosch Group subsidiary ETAS GmbH in 2012 and is headquartered in Bochum, Germany. The company is active all over the world with locations in the UK, France, Italy, Sweden, the US, Canada, India, China, Korea, and Japan.
More information is available at www.escrypt.com
About Alyne
Alyne is a next generation RegTech offering organisation’s extensive capabilities in managing their Cyber Security, Governance, Risk and Compliance processes through a Software as a Service platform. Alyne enables industries of all sizes to gain actionable insights through our content-rich library of 1200+ structured controls and risk information, all mapped to relevant regulations, laws and industry standards. Our technology is powered by industry experts, empowering risk and assurance professionals to easily understand complex risk data and manage risk and compliance processes effectively. Keep your organisation at the forefront of Cyber Security, Risk Management and Compliance with Alyne as your mission control.
Alyne & Happiest Minds Deliver SOC 2 Compliance to Cutover UK
Alyne and strategic partner, Happiest Mind Technologies, will be working with Cutover UK, to deliver SOC 2 Type 1 compliance. Cutover will be leveraging Alyne to provide greater assurance to their customers by demonstrating their commitment to Cyber Security trust principles.
Alyne and strategic partner, Happiest Minds Technologies, will be working with Cutover UK, a leader in work orchestration and observability, to deliver SOC 2 Type 1 compliance.
Happiest Minds Technologies leverages Alyne’s digital platform to provide Governance, Risk and Compliance Management to their customers. Cutover UK will be leveraging Alyne’s solution through a project with Happiest Minds, automating SOC 2 Type 1 compliance and delivering Cutover with a competitive advantage to further provide greater assurance to their customers by demonstrating their commitment to Cyber Security trust principles.
Alyne and Happiest Minds are pleased to jointly work together with Cutover in support of their mission to digitise their Governance, Risk and Compliance processes and become SOC 2 certified.
“Managing Governance, Risk and Compliance is more important than ever, and working with Alyne and Happiest Minds means that Cutover can operate with confidence, with the controls in place to achieve SOC 2 compliance. This is significant not just for our own internal controls but also gives our customers the assurance that we have the alignment, accreditation and technology structure to maintain effective governance across the board.”
– Craig Gregory
Cutover CISO and Co-Founder
Cutover UK
Alyne & Happiest Minds Partnership
Happiest Minds leverages Alyne to enable digital transformation and automation for enterprises in the GRC space, helping customers to effectively reduce risk exposure, increase business efficiency and reduce costs. Happiest Minds GRC consultancy capability, combined with Alyne’s SaaS solution, creates a strong value proposition for organisations wishing to modernise and create a sustainable GRC strategy. Alyne and Happiest Minds are pleased to work together with Cutover UK in support of their mission to digitise their Governance, Risk and Compliance processes and become SOC 2 Type 1 certified. Through this partnership, Alyne aims to further develop customer relationships by providing necessary best practices, additional use cases and capabilities in the Governance, Risk and Compliance space – placing customers at the forefront of innovation, enabling them to succeed.
“Alyne’s content rich Control Library, powerful dashboard, supported by Happiest Minds’ experienced global delivery, Clients are immensely benefited with the best of Platform and Services. Cutover UK would leverage Alyne’s GRC Automation solutions to demonstrate their commitment to manage risk and comply with regulatory requirements effectively.”
– Sushil Kumar Nahar
General Manager, Head of GRC Practice
Happiest Minds Technologies
“Through strategic partnerships such as these, the value of Alyne’s platform for GRC Automation is further expanded in both expertise and professional services. Together with Happiest Minds Technologies, we look forward to assisting Cutover in becoming SOC 2 Type 1 certified and strengthening their commitment to Cyber Security trust principles”.
– Cyrus Ardeshirian
Head of Partnerships
Alyne
About Alyne
Alyne is a next generation RegTech offering organisation’s extensive capabilities in managing their Cyber Security, Governance, Risk and Compliance processes through a Software as a Service platform. Alyne enables industries of all sizes to gain actionable insights through our content-rich library of 1200+ structured controls and risk information, all mapped to relevant regulations, laws and industry standards. Our technology is powered by industry experts, empowering risk and assurance professionals to easily understand complex risk data and manage risk and compliance processes effectively. Keep your organisation at the forefront of Cyber Security, Risk Management and Compliance with Alyne as your mission control.
About Happiest Minds
Happiest Minds Technologies Limited, a Mindful IT Company, enables digital transformation for enterprises and technology providers by delivering seamless customer experiences, business efficiency, and actionable insights. They achieve this by leveraging a spectrum of disruptive technologies such as: artificial intelligence, blockchain, cloud, digital process automation, the internet of things, robotics/drones, security, virtual/augmented reality and more. Positioned as ‘Born Digital. Born Agile’, Happiest Minds capabilities span digital solutions, infrastructure, product engineering and security delivering these services across industry sectors such as automotive, BFSI, consumer packaged goods, e-commerce, edutech, engineering R&D, hi-tech, manufacturing, retail and travel/transportation/hospitality.
Contact: https://www.happiestminds.com/
About Cutover
Cutover is the leader in work orchestration and observability, enabling teams to plan, orchestrate, and analyze complex work faster, smarter, and with greater visibility. The Cutover platform, developed with decades of experience in managing operational resilience, technology delivery, and release, transformation, and business change initiatives; enables organizations to confidently move towards their goals.
Trusted by leading global firms and institutions including: Accenture, Barclays, and Deloitte, Cutover is on a mission to enable greater business outcomes by orchestrating humans and machine automation in a new model of working.
To learn more about Cutover, please visit: www.cutover.com
How TrialCard Leveraged Alyne for a Scalable and Risk-Aware Vendor Risk Management Program
TrialCard sought a solution that would enable them to identify, qualify and quantify the risks posed throughout their Vendor Risk Management program. Access the case study to learn how Alyne helped TrialCard successfully implement a scalable and risk-aware Vendor Management process, that was easily understood and efficient for its vendors, too.
TrialCard is a technology-driven biopharmaceutical solutions company that aims to create an easily accessible, user-friendly patient experience through medical affordability, support and services.
Prior to incorporating Alyne into their business strategy, TrialCard faced a common yet growing challenge that many organisations face today – how to scale and simplify Vendor Risk Management processes. With increased regulatory requirements and evolving supply chains and delivery models, TrialCard is subjected to inherent risks in third-party vendor’s processes such as hiring, regulatory compliance, and information security. This made it increasingly difficult and complex to assess and monitor risk throughout their existing Vendor Management program, a major factor since TrialCard’s business model involves close collaboration with biopharmaceutical manufacturers and brands.
As an EIC/ISO 27001 certified company, TrialCard’s Vendor Management program required a flexible solution that could accommodate a myriad of evolving Governance, Risk, and Compliance use cases. A key requirement was to structure, automate and have a scalable process that would foster greater operational efficiencies. Knowing that a successful Vendor Management system is contingent on maintaining quality relationships, TrialCard selected Alyne’s collaborative cloud-based solution to enhance their Vendor Management capabilities.
Alyne’s capability to identify, qualify and quantify risks posed throughout TrialCard’s Vendor Management program has provided their business units with a flexible solution that fits their company profile. Alyne offered TrialCard a broad range of functionality that supports the full Vendor Risk Management lifecycle – from the use of pre-configured and customisable Controls, to leveraging on the deep Risk Reporting from Assessments that were able to be performed and managed at scale.
How Alyne Helped GUD Transition From Manual Processes to a Digitised Risk Management Solution
Learn more about how Alyne made it possible for GUD Holdings Limited to successfully transition from manual Risk Management processes to a simplified and digitised solution – aligning them with a leading industry standard control framework, ISO 27001.
GUD Holdings Limited is an Australian publicly listed company with a market capitalisation in excess of AU$1B and an annual revenue which exceeds AU$400M. GUD services a pool of dynamic consumers, industrial products and companies, covering the automotive and water industries, based in Australia and New Zealand.
Prior to using Alyne, the GUD team conducted the majority of their Risk Management efforts using spreadsheets, making it difficult to measure against a common baseline. A primary goal of of theirs was to raise the organisation’s information security profile, based on an industry standard control framework, ISO 27001.
Their visibility and management of risks was static, as their use of spreadsheets for Risk Management did not provide deep enough insights into how their risks were being managed, nor did it analyse the effectiveness of a risk treatment plan.
The speed of deployment, ability to use the pre-configured Controls in the Alyne Content Library, and the dynamic Risk Reporting functionality that Alyne offered, provided GUD’s business unit leaders with the necessary visibility and forecast capability to understand their business risk profile in more detail.
Read the case study in detail below and learn more about GUD’s transition toward simplified and digitised Risk Management.
DOWNLOAD CASE STUDY
Alyne Partners with KPMG to Deliver Value in the Areas of Sustainability and Human Rights
As the world moves forward, business leaders are being held more accountable for their responsibilities towards their employees, communities and the environment. Alyne and KPMG have teamed up, combining industry-leading expertise on human rights and sustainability with next-generation technology to help our customers comply with requirements defined in international standards and regulations.
Recent decades have brought increased awareness and concern for human rights and social compliance, placing greater accountability on organisations to ensure that harmful practices do not go unnoticed and that human rights are respected within their organisation and across the supply chain.
To support normative human rights frameworks, Alyne and KPMG have teamed up, combining industry-leading expertise on human rights and social compliance with next-generation technology to help our customers comply with the requirements defined in international standards and regulations.
With the detailed Human Rights Controls created by KPMG management consulting professionals, combined with Alyne’s regulatory and risk management technology, organisations can easily identify gaps in the human rights / social compliance context and build greater maturity with help of experts in a strategic and efficient manner. This partnership aims to streamline support functions for organisations, enabling simplified compliance and allowing them to manage their human rights related risk and compliance processes, effectively.
KPMG’S Human Rights Risk Assessments (HRRA)
Through the Alyne platform, ESG (environmental and social governance), sustainability and compliance managers can have full access to detailed and actionable Controls and Human Rights Risk Assessments (HRRA). These 113 Controls cover the most important labour related human rights topics:
- Elimination of forced and compulsory labour.
- Abolition of child labour.
- Anti-discrimination in employment and occupation.
- Just and favourable working conditions.
- Freedom of association and collective bargaining.
Alyne’s Digitalised Risk Management and Compliance
Through this collaboration, organisations benefit from KPMG’s consulting services and expertly crafted Controls on human rights, facilitated by Alyne’s technology, which enables the process through:
- Greater transparency: The ability to quickly and efficiently assess your supply chain through digital and scalable Human Rights Risk Assessments.
- Performing a detailed Gap Analysis to analyse focus areas.
- Detailed risk analytics on maturity levels, assessment deviations, impact level, probability and the likes of expected financial loss.
- Deep and intuitive risk reporting which allows organisations to address their risks accurately and in a timely manner.
- Simplified and digitalised compliance to human-rights specific requirements defined in international standards and regulations.
Furthermore, within Alyne, management friendly reports can be generated with an interconnected tree of risks, illustrating the root causes of elevated threats and the potential downstream effects if not mitigated. To aid in mitigation, each risk can be expanded to show which of the organisation’s controls and assessment answers deviated from policy recommendations.
Learn more about the KPMG and Alyne collaboration on human rights and how your organisation can benefit from digitised risk management paired with KPMG curated controls on this topic.
KPMG:
KPMG AG Wirtschaftsprüfungsgesellschaft
Ganghoferstraße 29
80339 München
www.kpmg.de
Alyne Partners with Future Focus Infotech
Alyne is partnering with Future Focus Infotech (FFI) in a Global Strategic Reselling and Implementation partnership. FFI is a 23-year-old IT Consulting, Services and Staff Augmentation organisation with operations in India, Middle East and the US.
Future Focus Infotech will be offering a unique proposition to their customer base by leveraging Alyne’s extensive Risk Control Library to proactively tackle today’s nature of cyberattacks that are constantly challenging or defeating the key investments made on security infrastructure.
Organisations today are grappling with more cyber security challenges and risk exposures than ever before. The key point often overlooked is having robust organisational risk controls in the first place. Controls that can automatically identify and map risks based on the nature of your business. A unified system that can continuously quantify and map out maximum risks, thus making an organisation risk aware always, providing an edge of adequate time to mitigate or defend from security adversities that can happen without warning.
While most organisations view regulatory and compliance certifications as short term or periodic necessities, it overlooks the fact that the standards were born and designed out of a necessity to keep organisations safer – continually.
Most existing risk-control measures revolve around a spreadsheet based solution that needs to factor 1000s of variables and risk bucket as tickets to allow for some traceability. The efficiency is diminished and the cost to operate all of these solutions adds to significant amounts that accrue over the years.
By representing Alyne, FFI is committed to helping organisations unify and manage risk identification, quantification, control, compliance and continuous risk coverage through Alyne’s ever-growing platform of:
- 1137+ Controls,
- 1017+ interlinked risks associated with Control Statements,
- 85+ Control Sets,
- 59+ Assessment templates for 49+ different standards, laws and regulations pre-mapped
Alyne’s continuously updated and extensive platform will help to provide FFI’s customers with integrated risk simulations, risk impact analysis, risk assigning, ticketing and APIs to work seamlessly with their business workflow and cyber security strategy.
In addition, FFI, offers end to end services through managed offshore and onsite cyber risk management, risk mapping, risk profiling, risk quantification, risk control and risk compliance CISO services to your complete coverage and satisfaction.
About Alyne
Founded in 2015 with the vision to build technology that is easy to use and simplifies risk management, Alyne now operates globally to provide extensive capabilities in managing Cyber Security, Governance, Risk Management and Compliance processes through a Software as a Service platform. Alyne’s technology is powered by industry experts and enables risk and assurance professionals to easily understand complex data and gain actionable insights, through its powerful Content Library, Assessments and Risk Reporting features – mapped to relevant standards, laws and regulations. Keep your organisation at the forefront of Cyber Security, Risk Management and Compliance with Alyne as your mission control.
About FFI
Future Focus Infotech is a 23-year-old IT Consulting, Services & Staff Augmentation organisation with operations in India, Middle East and the US. FFI is part of the $1.2 bil market cap en Japan group. Through the Parent group, FFI has access to the APAC and Far Eastern markets, thus making it a truly global player. Committed to the highest standards of Corporate Governance, FFI has been successfully delivering Customer Delight to a wide spectrum of customers across continents and counts a marquee list of organisations amongst its clientele. With 3000+ employees and an extensive Partner Network, FFI is able to offer customised solutions that reiterates its focus on Customer Delight delivered Consistently.
FFI
Future Focus Infotech an en japan group company,
India | Middle East | US
tech.focusinfotech.com
[email protected]
Prepare for your Cybersecurity Maturity Model Certification (CMMC) Leveraging Alyne
The Cybersecurity Maturity Model Certification (CMMC) combines several ... Learn how to prepare for a high ...
Solution Perspective: An Integrated 360° View of Risk, Resiliency & Integrity
As business environments become evermore complex and intertwined, there is a rising need for organisations to adopt a 360° approach to gain contextual awareness of their governance, risk and compliance (GRC) processes to help them achieve objectives, remain agile, address uncertainty and effectively manage risk across their enterprise. Read more about an ‘Integrated 360° View of Risk, Resiliency & Integrity’ – a detailed Solution Perspective of Alyne’s Software as a Service, written by GRC Analyst, Michael Rasmussen, founder of GRC 20/20.
The World of Business is Distributed, Dynamic and Interconnected
There is a complex ecosystem of relationships with stakeholders, clients and third parties, and an ever-changing landscape of the day-to-day of business operations – from changes in employees, to that of regulations, strategies and business objectives. One thing that is constant, is change. This is driving the need for organisations to adopt a 360° approach to gain contextual awareness of their governance, risk and compliance (GRC) environment, to help them achieve objectives, remain agile, address uncertainty and effectively manage risk across their enterprise. Addressing the organisational ecosystem as a whole with a holistic approach allows businesses to operate with greater confidence, rather than as decentralised and dissociated departments, which naturally has the ability to snowball and significantly impact the entire ecosystem.
“The interconnectedness of objectives, risks, resiliency, and integrity require 360° contextual awareness of integrated Governance, Risk management, and Compliance (GRC). Organisations need to see the intricate relationships of objectives, risks, obligations, commitments, and controls across the enterprise. It requires holistic visibility and intelligence of risk in the context of objectives. The complexity of business – combined with the intricacy and interconnectedness of risk and objectives – necessitates that the organisation implement an integrated GRC management strategy.”
– Michael Rasmussen, GRC 20/20.
Solution Perspective of Alyne: An Integrated 360° View of Risk, Resiliency & Integrity
Along Alyne’s journey, we have had the pleasure of regularly engaging with GRC pundit and analyst, Michael Rasmussen – keeping him up to speed with all of the latest developments in Alyne, as well as having him share knowledge at our events.
Within this detailed 14-page document, read a GRC analyst’s perspective of the Alyne solution, along with input from Alyne Customers on their usage and reason for choosing the platform.
Topics contained within the Solution Perspective of Alyne’s Software as a Service, written by GRC Analyst, Michael Rasmussen, founder of GRC 20/20:
- The Need for Integrated Risk, Resiliency & Integrity
- Governance – reliably achieve objectives
- Risk management – address uncertainty
- Compliance – act with integrity
- The Need for Integrated GRC Architecture, With a Focus to Deliver on:
- Interconnected risk
- Objectives are dynamic – adapting to risk events
- Disruption – remaining agile and resilient in business strategy and operations
- Dependency on others
- Dynamic and agile business
- Values defined and tested
- Three Strategic Trends in GRC Integration
- Alyne – An Integrated 360° View of Risk, Resiliency and Integrity
- Enterprise & Operational Risk Management, Risk Quantification, Visualisation, Simulation & Scenario Analysis, Environmental, Social, Governance (ESG) Management & Reporting, Third-Party GRC/Risk Management, and others.
- What Alyne Does – GRC engagement throughout the GRC Lifecycle – including unified architechture, risk aggregation etc.
- Foundational Capabilities in Alyne – configurability, analytics, workflow and task management, compliance management and regulatory change and more.
- Benefits Organisations Can Expect with Alyne – such as significant efficiencies in time, accountability with full audit trails.
- Considerations in Context of Alyne
“Organisations state that Alyne has improved the quality of their GRC related management, monitoring, and reporting processes – which in turn has strengthened their overall risk culture and maturity across the organisation. This improves the organisation’s overall visibility into GRC across the organisation – with greater accountability and ownership to manage risks. All of this while eliminating the overhead of managing manual assessment processes encumbered by hundreds to thousands of spreadsheets, documents, and emails. Clients find that the solution is flexible to adapt to their requirements, has the capabilities needed, and provides them the ability to grow and mature their program over time. Overall, users find the solution was particularly easy to implement and rollout in their organisation.”
Thank you to Michael Rasmussen for the detailed case study on Alyne, and to Customers that took the time to provide their honest experience in using the platform.
Access the free Solution Perspective of Alyne’s Software as a Service, written by GRC Analyst, Michael Rasmussen, founder of GRC 20/20, below.
IDW PS 340 n.F. – Alyne’s Risk Revolution
Implementation of the new requirements for risk management driven by the IDW PS 340 n.F. with the help of Alyne. With Alyne you prepare your risk management to be compliant with the requirements of the revised IDW PS 340. You can increase the maturity of your processes quickly and easily – your 1st line will be impressed by the intuitive solution.
With the new version of IDW PS 340, a significant expansion of the requirements for company-wide risk management was formulated. This was preceded by heated discussions about aspects such as risk-bearing capacity and risk aggregation. Basically, these are discussions about the methodology of the risk management system and also to what extent and at which process steps quantitative approaches are useful and / or necessary.
For many risk managers, these requirements mean a significant adjustment of the previous risk management in the company, which they have to cope with in addition to everyday tasks. In our IDW PS 340 n.F. White Paper you will learn how you can implement the requirements from the audit standard with the help of Alyne Software as a Service and how you can bring your risk management up to date.
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