Additional Info

CompanyOstendio
Websitehttps://www.ostendio.com/
Company size (employees)10 to 49
Headquarters RegionNorth America
Type of solutionCloud/SaaS

Overview

Ostendio is an innovative, industry-leading Integrated Risk Management platform that allows you to assess risk, create and manage critical policies and procedures, empower your people to be secure with security awareness training, and monitor continuous compliance across 150+ security frameworks. The Ostendio platform gives access to the most popular standards, regulations, and frameworks including SOC 2, ISO, FedRAMP, HITRUST, and HIPAA. With deep customization, advanced intelligence, and flexible controls, you’re always audit-ready, always secure, and always able to take on what’s next.

Ostendio helps companies:
Identify and quantify enterprise risk;
Quickly build and deploy security assessments;
Manage and respond to security incidents and breaches;
Align vendors and suppliers to security and compliance standards.

Specifically, the Risk Management module allows clients to:
● Create risk and associate risk items including your people, assets, facilities, and locations
● Assess risk level and perform risk scoring using risk quantification
● Set risk targets and develop risk mitigation activities to achieve target objectives in an acceptable timeline
● Track, measure, and manage risks and risk mitigation at an artifact, group organization or geographic level
● Map risk to any industry standard to measure compliance
● Maintain a three-dimensional risk register to view all risks by severity, stage, and status
● Easily visualize risk progress from initial risk to current risk and current risk to target risk

In addition, Ostendio Auditor Connect, allows clients to enter audit requirements and request information from auditors with the Auditor Connect marketplace. Ostendio Vendor Connect addresses vendor security and risk by allowing clients to invite vendors to create and maintain online records of their security and compliance readiness via assessments. The Ostendio platform handles over 115,000 user activities every month and supports more than 1,400 security assessments annually.

How we are different

The Ostendio integrated risk management platform stands out from the competition because:
1. It has a deeper reach - the platform is rolled out to and used by every employee, contractor, and support personnel, not just the security team. When everyone is involved in cybersecurity it is more meaningful to the organization.


2. It has a broader reach - Ostendio clients automatically become part of the Trust Network which allows them to connect with any other Ostendio client to send and receive security information. For example, Ostendio users send out vendor risk assessments with Vendor Connect and work with auditors using Auditor Connect. In each scenario, clients can send and receive sensitive data without ever having to leave their own instance.


3. It is more comprehensive - The Ostendio platform supports every aspect of an organization's cyber security program, from policy and procedures to asset management, risk management, learning management, incident management, training, and more. Essentially the platform can be used to build, operate and showcase every aspect of an organization's security and risk management program across more than 150 industry frameworks. It allows evidence to be crosswalked to multiple frameworks avoiding duplication of effort when applying for multiple compliance standards.


The Ostendio platform allows clients to view 100% of their security program on an easy-to-read, customizable dashboard. It is also the only platform to be a HITRUST Readiness Licensee and a licensee of the AICPA for SOC 1, SOC 2 and SOC 3.