Risk management for the necessitated enterprise should not be a herculean effort today’s business climate moves at hyper speed. Trumbull Security Services offers integrated risk management (IRM) solutions to help organizations demonstrate and manage compliance, lessen risk exposure, and remain audit-ready. Intelligent technology and expert people provide the most effective, efficient, and intelligent risk management.
Integrated Risk Management (IRM) is a comprehensive system for identifying, assessing, and managing risk throughout an organisation. Unlike siloed approaches that manage risk one at a time.
IRM keeps everything under one roof and uses technology to connect compliance, cybersecurity, and operational risks. A benefit of IRM is that businesses are much better positioned to prepare for threats, while simultaneously complying with regulations.
Traditional risk management often relies on manual processes in disparate departments, resulting in gaps, duplication, and inefficiency. In contrast, Integrated risk management (IRM) takes data from several sources to a central platform or dashboard to enable real-time monitoring, which results in quicker response times.
A large benefit of having your risk and compliance data centrally located is that many regulated industries, such as finance, banking, and credit unions, will need to exhibit continuous compliance with stringent regulations, which can over-burden your team if managed and measured separately.
Example – A financial institution subject to multiple regulations can have all of these regulations tied to one framework with Integrated risk management solutions (IRM), which would also eliminate redundancy and result in a cost savings of up to 30%. Trumbull Security Services' IRM solutions for Risk and Compliance Management enable clients to easily implement IRM strategies that will develop and enhance long-term resilience.
A variety of risks Today, companies have to deal with numerous different types of risks in an ever-increasing business environment.
Cyber-attacks are getting more advanced, and regulatory pressure from entities such as the FDIC, CFPB, and others is mounting along with compliance requirements regarding data protection laws (e.g. GDPR, CCPA), privacy laws (e.g. CCPA) etc. Businesses that lack a solid system for risk assessment and reduction open themselves to expensive fines, reputational harm and even business closures.
Discover Incidence Analysis Integrated Risk Management Services in the USA for a practical guide that helps businesses reduce compliance, cyber and operational risks with next-generation IRM
And IRM frameworks can automate risk assessments and amalgamate data into one, easy-to-read platform that helps an organization act on risk while knowing what’s really going on. IRM is able to streamline risk evaluations and make them easier to act on, ultimately making it easier for companies to be ahead of any danger.
Picture spotting a cybersecurity risk ahead of it being exploited in a breach, that’s the power of Integrated Risk Management. IRM solutions enable the ability for organizations to take a risk-based approach across different domains (such as IT, operations and compliance) to prevent ad-hoc issues from developing into future problems.
For U.S.-based (e.g., Dallas, Texas or a city like Bartonville, Texas) organizations that operate in the United States, IRM solutions are tailored for national and local regulations. IRM tools help to make compliance with laws like the GDPR and CCPA more achievable, transforming compliance from a chore into an opportunity for growth and improved operational performance.
We also offer worldwide coverage via our Integrated Risk Management Services in India, Integrated Risk Management Services in Russia and Integrated Risk Management Services in Brazil, enabling multi-national companies to comply with local and international legislation.
Take, for example, the Cybersecurity Assessment Tool - an IRM-compatible solution that includes IT risk assessments and helps identify potential vulnerabilities. With financial institutions under increasing pressure to protect consumer data and prevent fraud, IRM solutions are especially important for thefinancial sector. They enable organizations to meet the stringent requirements of data protection and encryption regulations, safeguarding sensitive information with ease.
With integrated risk management (IRM) solutions such as those provided by Trumbull Security, businesses can reduce exposure to risk and go beyond meeting standards to make compliance a competitive edge. Rather than being reactive to threats, IRM enables businesses to be proactive to stay competitive and grow in a volatile marketplace.
Embrace Integrated Risk Management (IRM) to streamline risk assessments and empower your organization to thrive in an increasingly complex risk landscape.
Whether you are looking for Integrated Risk Management Services in the UK or seeking Integrated Risk Management Services in the USA, our professionals offer tailored IRM frameworks that adhere to local regulations and your organizational objectives.
Trumbull Security Services proudly delivers Integrated Risk Management Services in the USA, helping businesses strengthen cybersecurity, enhance compliance, and mitigate operational risks.
For organizations in India, our Integrated Risk Management Services in India align with both local and international compliance standards.
Businesses operating in Russia can benefit from our Integrated Risk Management Services in Russia, providing localized risk assessments and governance solutions.
Across the UK, our Integrated Risk Management Services in the UK help organizations navigate data privacy regulations and manage enterprise risks efficiently.
In Brazil, we offer Integrated Risk Management Services in Brazil that ensure compliance with national data protection laws and global risk management best practices.
Together, these global IRM solutions help enterprises achieve resilience, compliance, and confidence in today’s evolving risk landscape.
Trumbull Security Services provides customized IRM offerings to address the specific challenges contemporary organizations face. Our offerings integrate advanced technology with industry experience to deliver actionable results in Risk and Compliance Management.
Credit unions have complex regulatory challenges, and maintaining compliance with the National Credit Union Administration (NCUA) is often laborious.
With our NCUA ACET Compliance product, you can automate the Automated Cybersecurity Examination Tool (ACET) process and expedite the assessments while generating audit-ready reports.
Automated checklists, dashboards to track progress, and real-time statistics help us reduce your manual work by engaging seamlessly with your systems.
Whether you are a small to medium-sized credit union in Bartonville, TX, or a larger network throughout the U.S., our NCUA ACET Compliance offering helps you quickly reduce risk and improve cybersecurity posture while ensuring compliance.
The Federal Financial Institutions Examination Council (FFIEC) sets a high bar for its institutions, and our FFIEC Cybersecurity Assessment tool can help measure and increase that maturity level.
This Cybersecurity Assessment Tool will assess domains such as risk management, threat intelligence, and incident response, providing useful insights.
This is also built into our broader Integrated Risk Management Solutions (IRM) to allow for ongoing improvements and monitoring. For financial institutions, this means improving the IT risk assessment process, aligning with FFIEC recommendations, and streamlining data gathering so oversight becomes easier.
Trumbull Security Services customizes this to work for your operations while still being scalable and effective for IRM for financial institutions.
The Gramm-Leach-Bliley Act provides significant protections for customer data, and failure to adhere to these protections could lead to severe consequences. The Automated GLBA IT Risk Assessment Tool service performs evaluations of your IT infrastructure that identify your weaknesses in data privacy and security controls.
There is no easier way to show compliance than our Integrated Risk Management approach that automates your assessments, reporting, and remediation tracking.
Banks and financial services firms relying on our service will extend the use of Automated GLBA IT Risk Assessment Tool with integrated risk framework solutions that provide an overall risk assessment from beginning to end.
When you use TSS, you receive the best support you can have to implement the Automated GLBA IT Risk Assessment Tool to protect sensitive information and build customer trust.
In addition to tools, we deliver pragmatic Cybersecurity Consulting to support your IRM implementation. We assess your current condition and align your people, processes, and technology to bring your unique IRM implementation to fruition.
We help your organization achieve Integrated Risk Management from the initial IT Risk Assessment throughout the entire implementation. We provide training and ongoing support and integrate with tools such as FFIEC Cybersecurity Assessment and NCUA ACET Compliance. For an enterprise looking for a comprehensive Risk and Compliance Management Service, our consulting alerts you to potential threats while ensuring the process of integrated risk management organizes the complexity of compliance.
While Trumbull Security Services is focused on IRM for Financial Institutions, our solutions are suitable for any sector with similar risk challenges. We have learned, through the years, that each sector and even each firm in that sector has unique needs, and we serve those needs through our IRM solutions.
Banks are facing regulation that is "high-stakes," and at the same time, are facing constant cyber threats. Our Integrated Risk Management solutions (IRM) include the FFIEC Cybersecurity Assessment and GLBA IT Risk Assessment , both of which help banks settle on a centralized approach to screen their Risk and Compliance Management frameworks to quell their risk exposure and enhance responses.
For credit unions, NCUA ACET Compliance is a fact of life, and thus, not something you should waste your time manually ensuring your processes are adhered to. With our solutions, wasting time is something you don't have to do as we have automated much of the processes that credit unions are instructed to do; that is, verify that your activities and procedures are followed that comply with NCUA ACET laws.
When we say Financial Enterprises, we mean larger firms that include everything you expect, but also include services like Global Market Volatility or Global Data Breaches. While larger Financial Enterprises are not always broken into smaller sections to focus on just your sector and regulatory requirements, again, larger organizations may have separate Info Sec Processes that incorporate the IT Risk Assessment and Cybersecurity Assessment Tools.
While finance is our bread and butter, we provide IRM Solutions for Healthcare Organizations and Tech Firms. These organizations are probably facing many of the same challenges, concerns about HIPAA access, and awaiting data breaches and data privacy issues. We have IRM Risk and Compliance Management tools to provide centralized visibility, access monitoring, and proactive mitigation.
No matter your sector, Trumbull Security Services has IRM Solutions that fit squarely into every one of your locations in the US, especially organizations in Bartonville, TX
Imagine a mid-sized, let's say, financial firm in the U.S. that was facing fragmented risk processes. They were spending weeks on compliance reporting. Audit prep was taking months, and the cyber threat landscape was - and still is - growing. They selected Trumbull Security Services as their partner and scored a deal on a full complement of IRM solutions, which included the FFIEC Cybersecurity Assessment Tool and automated dashboards.
What happened? They realized 40% time savings in compliance reporting, reduced audit prep from months to days and improved their overall risk score by an additional 25%. Costs were down because of fewer manual touch points in risk decision making, and, most importantly, the operational risk and compliance team members had clear insights to make better decisions faster, even in a tighter time frame.
This case study is a prime example of how the IRM from Trumbull Security Services turned challenges into efficiencies, and more importantly, in terms of efficiency, even for IRM for Financial Institutions.
When it comes to Integrated Risk Management Solutions (IRM), simplicity and clarity trump complexity. At Trumbull Security Services, we focus on truly understanding risks, measurable compliance status, and adopting thoughtful automation that integrates with your organization.
As a U.S. firm in Bartonville, TX, we bring extensive sector expertise in NCUA ACET Compliance, FFIEC Cybersecurity Assessment, and GLBA IT Risk Assessment; and we are more than consultants-we are partners and ultimately ensure you can always ensure your Integrated Risk Management is ready to be audited and directed to grow with your organization.
What makes us unique? Dependability associated with our proven tools and industry successes; we provide personalized support for every single engagement, specializing in Cybersecurity Consulting, a holistic approach that considers your objectives. No matter if you are a Texas bank or a nationally chartered credit union, our IRM solutions provide proactive and practical Risk and Compliance Management.
Choose Trumbull Security Services, not Compliance management that works against you.
Are you ready to simplify the risk management process? Learn about how Trumbull Security Services transforms risk management with industry-leading IRM solutions.
Get Your Free Risk Assessment - Start with a complimentary IT Risk Assessment to see how IRM can address your needs. Talk to an IRM Expert - Schedule a call with our Bartonville, TX-based team to discuss IRM solutions for Financial Institutions or another discussion.