Security and protecting your environment are the biggest challenges now. Is this because we don't have software to protect our environment or is it anything else?
In the past, I started with mainframes and no worries about hackers.
Today, we are dealing with a silo approach. Servers are at various locations, ICT staff is working in a silo environment and we are dealing with applications in separate locations: cloud environments, multiple clouds, and a hybrid one.
For ICT staff it's difficult to keep an eye on this complex environment and did we close everything. Next, we have vendors changing browsers at a rapid speed as well OS vendors. A lot of times we must apply fix packs as an emergency solution to close a security gap.
If you have a lot of servers and desktops in various locations and do not have the right tools it will be difficult to detect if you have a security breach somewhere in the environment.
How do we start?
Most of the time, security is closing security holes in our environment. But how do we know?
First, the architecture of your environment. You need to look holistically through the complete environment. For example, the IT architecture. Do you know how a transaction flows over your network, from an end-user over routers, switches, firewalls, load balancers, servers, databases, webservers, etc.?
Now you know why a CMDB ( Configuration Management Database) and IT landscape discovery tools are important. All our IT assets will be placed in a CMDB: the last access date, the change date, and who has changed or created the asset. This way we can monitor unauthorized access.
Next, we need to learn how applications communicate, about open ports, public IPs, etc.
Find out what your peers are saying about Presidio, ScienceSoft, Fortra and others in Information Security and Risk Consulting Services. Updated: December 2025.
There are many Risk Management / GRC solutions in the market today. A detailed RFI / RFP process is the best way forward to gauge the suitability of a software tool that meets the specific needs of an organization and one that would remediate the most important pain points. Some of the tools you may want to evaluate are IBM OpenPages, RSA Archer, Corporater, MetricStream. Each of them have comm...
Here are some recommendations for the best solution for Comprehensive Risk Management in financial services for a company with 500+ employees:
IBM Operational Risk Management (ORM)
Some find IBM ORM a comprehensive solution that helps financial services organizations identify, assess, and manage operational risks. The solution provides a unified view of operational risks across the organization and helps ensure that risks are managed effectively.
SAP Risk Management
SAP Risk Management is another solution that some find comprehensive. It helps financial services organizations manage various operational, market, and credit risks. SAP Risk Management provides multiple tools and features that allow organizations to identify, assess, mitigate, and monitor risks.
Oracle Financial Services Risk Management
Oracle Financial Services Risk Management is another comprehensive solution mentioned by others, which helps organizations manage risks, including market, operational, and credit risks. The solution has risk identification, assessment, mitigation, and monitoring features.
When choosing a Comprehensive Risk Management solution, one of the most important reminders is to consider your business' specific needs, including business size, complexity, budget, and the types of risks the company faces.
It may be best to also go with a solution that integrates well with your business's different systems.
Your chosen Comprehensive Risk Management solution should also be easy to use.
Choosing a solution that integrates well with your existing systems is also essential.
Senior Risk Advisory Manager at Aligne Technologies
Jan 2, 2025
There are many Risk Management / GRC solutions in the market today. A detailed RFI / RFP process is the best way forward to gauge the suitability of a software tool that meets the specific needs of an organization and one that would remediate the most important pain points. Some of the tools you may want to evaluate are IBM OpenPages, RSA Archer, Corporater, MetricStream. Each of them have common and also distinct features and capabilities and so a detailed analysis is required before you can zero in on a solution.
Download our free Cloud and Data Center Security Report and find out what your peers are saying about Akamai, Broadcom, SentinelOne, and more! Updated: December 2025.