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CORPORATE ENVIRONMENTAL RESPONSIBILITY THE IMPORTANCE OF ENVIRONMENTAL RESPONSIBILITY IN THE CORPORATE WORLD
AI INTELLECT AI CAN REPLICATE YOUR VOICE. IS IT A BOOM OR A BANE?
eDriving Award-Winning Global Driver Risk Management Gurus Ed Dubens, Founder & CEO
EDITOR’S LETTER
www.mirrorreview.com March 2020
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CORPORATE ENVIRONMENTAL RESPONSIBILITY THE IMPORTANCE OF ENVIRONMENTAL RESPONSIBILITY IN THE CORPORATE WORLD
AI INTELLECT AI CAN REPLICATE YOUR VOICE. IS IT A BOOM OR A BANE?
eDriving Award-Winning Global Driver Risk Management Gurus Ed Dubens, Founder & CEO
The Strategic And Competitive Advantage!
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ith the technological advancements in the corporate landscape, risks have become an inevitable part of the system. Today, organizations from small to global are facing a myriad of risks in their daily processes like security, financial, compliance, governance, legal, and reputational risks.
There is no single tool that can help a company avoid all risk, however, a risk management software can help to measure, predict, and manage them appropriately. The market has seen a sudden spurt in the rise of Enterprise Risk Management (ERM) providers. In order to avoid the confusion in choosing a reliable ERM provider, we the team of Mirror Review have come up with the new magazine issue featuring “The 10 Most Reliable Risk Management Solution Providers of 2020”. In this issue, we have featured the most reliable, innovative, and cost-effective ERM solution providers for your enterprises. Further, the writers have incorporated insights on the types of risks organizations face, and how using an ERM software is beneficial. Also, you will find candid answers of the prominent tech experts who share advice and best practices to consider while evaluating the type of risk management solution is the right fit for your needs. Further, in the sections of “AI Intellect” and “Innovating Wireless Technologies” our writers have shed light on the advanced novel tech and how these technologies are going to prove beneficial for the business. To summarize, risk management can seem like a burden for the enterprise, but the right risk management solution can transform risk and compliance from a time-consuming nuisance to a strategic and competitive advantage.
Vidya Joshi Editorial Coordinator
PUBLISHER ARCHANA GHULE
EDITOR-IN-CHIEF VIKRAM SURYAWANSHI
EDITORIAL COORDINATOR DEEPALI SARWADE VIDYA JOSHI RAKESH MAHTO SHUBHAM BIRADAR
PROJECT MANAGERS WILLIAM TAYLOR VINAYAK TODCHETWAR
ART DIRECTOR VINOD ALHAT
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COMPANY OF THE MONTH
C2C SmartCompliance A Compliance Platform Uniquely Designed To Improve Business Performance
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AuditComply Ideagen
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A Versatile And Integrated Enterprise Risk Management Platform
Making Client Experience Simple, EfďŹ cient And Effective
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Teramind
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WhiteSource
A Solution Built By Software Development Team, For Software Development Teams
Pioneering The Developments In Risk Management Practices
CONTENTS ARTICLES
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18 Innovating Wireless Technologies How Finest Wireless Technologies Are Changing The Communication For Better
eDriving Award-Winning Global Driver Risk Management Gurus
COVER STORY
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AI Intellect AI Can Replicate Your Voice. Is It A Boom Or A Bane?
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eDriving Award-Winning Global Driver Risk Management Gurus
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river Risk Management” is the topic of the hour, due to the ongoing changes such as the increase in traffic volumes, change in traffic rules, advancement in vehicle technologies, evolvement in social trends such as dependency on social media, the ‘addiction’ to smartphones, advances in mobility options and changing workforces. Fleet safety and risk management principles overlap at their core - the avoidance of incident, collision and injury to the driver! To successfully manage driver safety, it is critical that the program incorporates a risk management approach that considers the causes of
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incidents and collisions, as well as strategies to avoid them from happening in the first place. Launched in 1996, eDrivingSM helps organizations to reduce collisions, injuries, license violations and total cost of fleet ownership through a patented driver risk management program. eDriving’s most recent innovation, “Mentor by eDriving” analyzes driver behaviors most predictive of crash risk and helps remediate risky behavior by providing engaging, interactive micro-training modules delivered directly to the driver via their smartphone. A “closed-loop” risk management approach is at the heart of
COVER STORY
Understanding Risky Behavior Mentor uses the telematic sensors available in iOS and Android smartphones to collect and analyze data on the driving behaviors most predictive of risk. These include Acceleration, Braking, Cornering, Speeding, and Phone Distraction. As a result of eDriving’s partnership with industry analytics leader FICO®, the driver on-road performance is converted into an individual FICO® Safe Driving Score, which has been validated as being able to predict the likelihood of crash involvement. Mentor delivers personalized insights to drivers and managers after each
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We help fleet drivers and their families in nearly 100 countries get home safely every day.
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everything eDriving does and is the backbone of Mentor. Mentor turns the smartphone from culprit to cure, utilizing the very product responsible for driver distraction – one of the biggest threats on the road today – to help prevent it.
trip, showing both positive and negative driving events and exactly where they occurred, for the driver's eyes only. Mentor delivers interactive, engaging micro-training modules directly to the driver within the app itself to help remediate risky driving behaviors. The duration of training videos is 3-5 minutes including core topics delivered to all drivers, as well as targeted training based on driver
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COVER STORY
Ed Dubens Founder & CEO eDriving, Inc.
Internationally Recognized Standard Mentor is part of a broader risk management platform, Virtual Risk Manager® (VRM). This provides organizations with everything they need to establish safety as a strategic imperative. The first stage in the VRM program is establishing a crash-free culture, which involves securing the commitment of leadership to ensure the safety ‘virus’ is spread company-wide. eDriving holds ISO 27001, an internationally-recognized standard that defines best practice for an information security management system. The company first achieved the standard in 2014 and attained re-certification in 2019, demonstrating that it continues to have a robust and comprehensive information security management system that meets the highest standards for protecting client information.
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We provide the tools needed to maintain consistent communication with drivers and reinforce messaging to make safety part of everyday priorities.
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performance. The aim of Mentor is to promote a crash-free culture. It is designed to attack the ‘94% problem” namely, as 94% of collisions are caused by a driver's attitude and behavior behind the wheel. Mentor helps drivers understand their risky behaviors, and ultimately make the right choices when faced with decisions behind the wheel, leading to fewer collisions, injuries and license violations.
I practice what I preach! In March 2016, Ed Dubens joined the eDriving executive team with eDriving's acquisition of Interactive Driving Systems. As Founder and CEO of Interactive Driving Systems, he led the team at the forefront of research and innovation in the field of road safety and culture change strategies. Ed's commitment, dedication, and desire to
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Under Ed’s leadership and with the tireless efforts of the dedicated team members, VRM to date has trained over a million fleet drivers and enjoyed the privilege of working with some of the world's most successful businesses, including BT, Nestlé, Zurich, Cummins, Pfizer, Siemens, Johnson & Johnson, Mondelez, GSK, Merck & MSD, Transport for London, ASDA (Wal-Mart), Liberty Mutual, Roche, TNT, Sanofi, AON, Iron Mountain, McCain, Royal Mail, and many more. Furthermore, over the past 25 years, eDriving’s research-validated programs have been recognized with over 90 awards around the world. Adding more feathers to its crown, it is the driver risk management partner of choice for many of the world's largest organizations, supporting over 1,000,000 drivers in 96 countries. Effective Today As Well As In The Future In a nutshell, in the coming future, transportation will progress further into a hybrid period in which humanoperated and autonomous cars co-exists, and in which atwork mobility is evolving to incorporate ‘on-demand’ travel options such as ride-hailing, bicycling, car-sharing and more. The environment for at-work drivers is set to change beyond recognition. While it is critical for risk management companies to evolve and keep up with the future challenges drivers are facing, eDriving’s patented closed-loop
approach to risk management will remain as effective in the future as it is today. The world can become a safer place to drive by instilling a crash-free culture in companies and improving the attitudes and behaviors of drivers to avoid incidents from happening. This year, eDriving launched Mentor TSP (Telematics Service Partner) that enables organizations with an existing telematics solution to incorporate Mentor to provide one unique risk management approach. It means that data collected through hard-wired telematics devices including idling, seat belt use, MPG and reversing behaviors can be combined with Mentor’s behavioral insights to create a richer driver risk profile. Mentor VISION will add inwardand outward-facing camera options to further enhance the risk and claim management functionality of the Mentor ecosystem that reacts to the FICO® Safe Driving Score behaviors triggered by the driver.
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We provide organizations with everything they need to achieve and sustain a crash-free culture that does not accept collisions as an inevitable part of driving for work.
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ensure that every at-work driver makes it home to their communities and loved ones every day is infectious, and every single person that works at eDriving gets up in the morning with this shared passion. This particular culture is the very reason for the company’s success. At every touchpoint that its clients have with them, they know that the safety of their employees is the reason it does what it does. eDriving becomes a part of the team, sharing the same goals and focusing on the same mission. At the same time, the clients know they can trust the company with their data and personal information; a critical concern for fleet operators.
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Company Names
Info
Allgress Gordon Shevlin, Founder & CEO
Founded in 2008, Allgress helps enterprise security and risk professionals solve the problem of how to assess, understand and manage corporate risk. www.allgress.com
Audit Comply Kevin Donaghy, CEO
AuditComply provides a centralized management platform to improve business processes within the workplace, including quality assurance, fleet management, risk & compliance and EH&S. www.auditcomply.com
C2C Smart Compliance Steve Crutchley, Founder & CEO
C2C SmartCompliance is a specialized enterprise governance, risk and compliance software, and service provider. www.c2csmartcompliance.com/en
eDriving Ed Dubens, Founder & CEO
Launched in 1996, eDriving SM helps organizations to reduce collisions, injuries, license violations and total cost of fleet ownership through a patented driver risk management program. www.edriving.com
Iceberg Networks Corporation Ken McPherson, CEO & President
Iceberg helps organizations plan, deploy and manage successful implementations of Governance, Risk Management & Compliance (GRC) solutions. www.icebergnetworks.com
Ideagen Ben Dorks, CEO
Ideagen is one of the world's leading software companies, specialising in quality, audit, safety and risk management software solutions. www.ideagen.com
Lynx Technology Partners Gina Mahin, CEO
Lynx offers a full range of IT risk, auditing, security, and compliance solutions designed to help you reduce security risk, enable compliance, and increase operational efficiency throughout your highly regulated organization www.lynxgrc.com
SafeBreach Guy Bejerano, CEO & Co-Founder
SafeBreach provides actionable guidance on how to remediate the gaps in your security coverage. www.safebreach.com
Teramind Isaac Kohen, VP of R&D
Founded in 2014, Teramind is a leading, global provider of employee monitoring, user behavior analytics, insider threat detection, forensics and data loss prevention software solutions. www.teramind.co
WhiteSource Rami Sass, Co-founder & CEO
WhiteSource is all-in-one licensing, security, and reporting solution for managing open source components, and the only one that operates in real-time, by automatically and continuously scanning dozens of open source repositories, and cross-referencing this data directly against the open source components in your build. www.whitesourcesoftware.com
AuditComply
A Versatile And Integrated Enterprise Risk Management Platform
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anaging risk plays an important role in every organization across every industry. Whether it's providing a safe working environment for employees, optimizing supplier management or boosting asset performance. Unfortunately, things do occasionally go wrong and the human, commercial and reputational repercussions can be devastating. The CEO of AuditComply Kevin Donaghy, is witnessing a shift in the approach to risk management as enterprises are beginning to realize the importance of a fully centralized and integrated risk solution; rather than the traditional modular approach provided by many of its competitors and other IRM vendors. It is critical for businesses to have complete cross-departmental collaboration to fully understand their complete risk profile, connecting all audit, quality, regulatory compliance and risk management activities. This is where AuditComply plays an important role. Providing a holistic solution through functions such as asset repositories, templates builders with customizable workflows, bespoke scoring/grading functionality and risk matrices. This enables organizations to conduct audits and live risk assessments to ensure corporate and supplier governance. AuditComply's risk-based asset reporting and analytics empower enterprises to make better decisions by providing real-time visibility across the corporate landscape. Serving Clients a Truly Comprehensive Risk Solution Established in 2014, AuditComply is an Enterprise Risk Management (ERM) platform, revolutionizing the way enterprises manage, analyze and report on critical risk across their asset portfolio. Since its inception, the company has transformed traditional risk, audit and quality programs; optimizing how organizations manage and report on critical risk in real-time. It operates in highly regulated industries such as Automotive, Food & Beverage, Oil & Gas, Manufacturing and Finance, with key fortune 1000 clients situated throughout the UK, EU, US, Middle East, and the Asia Pacific regions. Furthermore, AuditComply has
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optimized Regulatory Compliance for EHS, Quality, Supplier Management and Risk programs for all its customers. Unleashing People's Potential & Driving Customer Success Corporate culture and skilled teams play a significant role in defining the company's internal and external identity. AuditComply has developed a workplace environment where the whole team has a collective vision and goal for the company, they understand the value of their contribution, helping build something that truly impacts people's lives. The company strives to magnify the strengths of people, unleashing the flow of communication and letting people be themselves; this is important. Furthermore, customer satisfaction is the driving force behind AuditComply and is rooted in its core beliefs, strategy and vision. From the software developers to the CEO, every team member lives the core values of AuditComply. The company continues to hold itself to the highest standards by providing customers with the most comprehensive ERM platform on the market. Ensuring that they are getting the most out of their Risk, Compliance and Quality data. Addressing The Industry's Needs AuditComply is starting to see more competitors enter this marketas enterprises begin to realize the importance of having an Enterprise Risk Management platform. Their main competitors are those who offer large on-premise bespoke systems, for example SAP, Metricstream or Intelex. However, implementing an on-premise system means long rollout and deployment cycles including further development, which can be expensive in the long term. This is why large enterprises end up losing the ability to manage consistently across their assets, at scale. AuditComply operates a Software as a Service (SaaS) mode. Allowing the platform to be deployed quickly and adapted for today's ever-changing landscape, without the need for software vendor intervention. Enterprises operating in regulated
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AuditComply can and will shape the future of risk management. We will continue to add value to the client's enterprise from day one. Kevin Donaghy | CEO industries face constant challenges to demonstrate compliance, manage and mitigate risk while maintaining or exceeding quality levels. They are driven by this opportunity and challenge - one that we have a truly innovative solution for. AuditComply can and will shape the future of risk management by adding value to the client's enterprise from day one. A Leader With Great Experience Kevin started his career with WPDS in San Diego as a software engineer focused on Equipment Configuration Management systems for air forces across the globe, quickly progressing to run multiple teams for Spirent Communications both in Ireland and the US. He has steered teams and companies from the earliest stages of development through commercialization and hyper-growth phases. Before founding AuditComply, he established two companies Swan Labs and Replify. He has also worked for companies such as Blue Coat Systems on mobile optimization strategy and multiple projects from mobility, security and virtualization to online GRCl platforms. Furthermore, Kevin shares his views on restarting his career. He states, “I wouldn't change anything, integrated risk and asset management are the future. Let's take a look at recent events such as COVID-19 or the Boeing 737 max crisis. If any enterprise is going to survive in today's climate they need to understand the importance of having the right risk management programs and tools in place.”
Increased Need For Comprehensive Risk Management CEO Kevin believes that the recent COVID-19 pandemic brought the need for IRM solutions to the forefront of everyone's mind. Requiring organizations to switch from the static, paper-based risk assessment process to a framework that can provide real-time risk data across their entire asset portfolio. He also believes that when an organization is equipped with the ability to measure risk and utilize that to make decisions reflective of their business requirements and tolerance levels. They are no longer just controlling their risk but identifying possible opportunities. Roadmap Ahead Presently, AuditComply is used by thousands of people across the world every day to protect employees, mitigate supply chain risk, improve quality and drive regulatory compliance. With the industry's most user-friendly ERM platform, the users drive productivity and value. In the next 5 years, AuditComply will continue to witness rapid growth and development, using its experience with key clients to develop the solution even further. To meet the everchanging demands of today's market, the company is always investing heavily in R&D, developing its system into the most flexible and scalable platform.
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AI INTELLECT
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Ideagen:
Making Client Experience Simple, Efficient And Effective
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he evolution of technology has led to a techdriven world which is dynamic and constantly evolving. This has made risk management crucial for every business sector. With high demand in risk management tools, the market is flooding with risk management solution providers. Organizations have prioritized risk management services and are constantly in search of a solution provider which is cost-effective, strengthening compliance and oversight alongside anticipating and managing every aspect of risk. With an aim to make the client experience as simple, efficient and effective as possible, helping reduce timeto-value and achieve desired outcomes, Ideagen Plc. was established in 1993. Today, it is one of the leading software companies globally specializing in quality, audit, safety and risk management solutions. Ideagen’s main operational premises are spread throughout the UK, Europe, United States, Middle East, and Southeast Asia. Customer Centric Products Ideagen is highly customer focused and centres the work across the client requirements. The company provides an excellent level of support to all the customers and ensures clients can meet their governance, compliance, and risk management obligations through its marketleading products. It also provides solutions according to customers’ needs by constantly reviewing its suite of products. Here are some of the most significant: Q-Pulse: It takes control of the organization’s data with effortless analysis using one simple quality management software solution. Ÿ Pentana Audit: It improves audit strategy, reduces cost and enhances productivity. Ÿ Pentana Risk: It provides actionable insights to the entire organization with data-driven decision making. Ÿ PleaseReview: It simplifies the document Ÿ
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collaboration and makes collaboration with both colleagues and third-parties secure. Ÿ Ideagen Academy: It allows entire workforce to become fully competent using Ideagen’s software suite quickly and easily. Currently, seven of the top 10 UK accounting firms use Ideagen’s products. The entire top aerospace and defence companies and 75% of the world’s leading pharmaceutical firms use Ideagen’s services. The company also serves 180 hospitals across the US and UK. Ideagen touches every continent globally with its services. A Charismatic Leader Fostering Company Growth “I am just a small cog in the big machine,” quotes Ben Dorks, CEO of Ideagen. He believes that the success of the company is the result of the joint efforts of the team. The talented team of Ideagen is continuously striving to deliver the best to the clients. Ben is the charismatic leader who leads the team with motivation and zeal. Prior to joining Ideagen in 2013, Ben served for different companies at different sales and management positions. He has a vivid experience in marketing, business sales, and acquisitions. Besides, he also specializes in Enterprise SaaS, GRC, Compliance and Legislation, IMS, and healthcare. Throughout his journey, he has believed that development and coaching are the key to improving performance. He adds, “I believe that learning never stops and that mixed with your experiences and failures is what gives you the ability to develop your skills for the challenges of today.” Handling Challenges with Motivating Culture Every global business that is growing rapidly is prone to face numerous challenges. Being an acquisitive
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At Ideagen, we aim to work with honesty and transparency to ensure customer satisfaction and create strong working relationships for the long term. Ben Dorks | CEO company, the biggest challenge confronting Ideagen is the integration of people and products from a number of acquisitions. Also, the team of Ideagen is multigenerational and belong to diverse geographical backgrounds, which present some challenges. Ideagen’s culture plays an important role in overcoming these.
To keep their solutions and products up to date, the team of Ideagen is continually developing relations with industry regulators to understand the notable changes in the pipeline. Due to this process, the team is rest assured they can support clients in the best way possible. Praising the Sheer Commitment and Professionalism
Ben further added, “We are a business that is so much more than the sum of its parts, because of the breadth of talent and diversity which surround us. I just encourage and foster that.” Expanding Footprint and Improving Sector Expertise Ben predicts that with the leading advancements in technology the areas of governance, risk management, and compliance are expected to gain popularity. As businesses have started to understand the importance of risk management, this scenario will prove beneficial for the team of Ideagen. To keep up with the pace of advancements, the team will continually focus on its growth strategy. Ben explains, “We are constantly refining our products to keep pace with regulatory requirements and the needs of customers, and also looking forward to expanding our geographical footprint and sector expertise.”
Fulfilling customer requirements is not an easy job, and Ideagen’s vast customer base means numerous challenges. Despite this, the company has succeeded in establishing good client relations due to its commitment, solution and professionalism. Cristina Gonzalez Barreda, Quality Assurance and Audit Tools Director for internal audits at BBVA says, “I would definitely recommend Ideagen and its Pentana solution to my peers due to their commitment, solution, and professionalism.” Another client, Karen Postlethwaite (Clinical Governance Manager at NHS Trust), entrusts Ideagen with the internal and external reporting requirements and praised its time-to-value quality by saying, “With QPulse we can meet our external and internal reporting requirements in about a third of the time thats it would take us if we didn’t have the direct link to the NPSA.”
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Teramind:
Pioneering The Developments In Risk Management Practices
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ccording to the Global Data Exposure Report, over two-thirds (69%) of organizations say they were breached due to an insider threat. An increasingly unpredictable and dynamic business environment is enticing the companies to develop a clear risk management strategy. However, most of the enterprises are unaware of the recent developments in risk management practices. Data protection and privacy are at the center stage of risk management. New laws such as GDPR, CCPA, etc. are necessitating CSOs, CIOs and risk officers to be attentive in guarding the customer and privacy data. Insider threats are also key threats to data and privacy. Hence, enterprises are looking for solutions to counter these recent threats. New methodologies such as ISO 27001 & 31000, NIST SP, BS 7799, etc. are also being developed and updated. Complementing this need, Teramind was established in 2014. It is a leading, global provider of employee monitoring, insider risk detection, user behavior analytics, and forensics and data loss prevention software solutions. It is the most robust and modern user activity monitoring and insider threat prevention platform. Notable Core Solutions Headquartered in Miami, Florida, Teramind offers solutions that are used by over 2000 organizations in finance, legal, retail, manufacturing, energy, technology, healthcare, and government verticles across the globe. Currently, the company offers three core solutions: Teramind Starter is an employee monitoring software with powerful insider threat detection and productivity analysis features. It is mainly used for startups and small businesses. Ÿ Teramind UAM is the company’s most popular user activity monitoring solution. It comes with tracking and auditing capabilities as well as a policy and rule engine. Ÿ Teramind DLP, which is its most premium endpointbased data loss prevention solution. It offers data loss prevention, user activity monitoring, and insider threat detection in a single platform. Ÿ
A Well-recognized Thought Leader Isaac Kohen, VP of R&D, Teramind, is the brain behind the solutions offered by the company. With over 18 years of
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experience in the software industry, he is helping the company grow. Since the beginning of his career, he was always interested in cybersecurity. He is a well-recognized thought leader in the security industry, having articles published in Forbes, Inc, Tripwire, and CSO Online. He completed graduation from Binghamton University and started his career in quantitative finance developing complex trading algorithms for a major Wall Street hedge fund. His curiosity for IT security was triggered during his tenure at Wall Street and his subsequent experience of securing highly sensitive data for large multi-national conglomerates. When Isaac first stepped in the industry, the standard security practice was to lock everything down. He noticed that it was a very ineffective way of solving issues as it hampered productivity and innovation. Teramind was born as he realized that autonomous algorithms and machine learning techniques can be used to analyze user behavior and detect anomalies without limiting normal workflows. Coping with Unique Challenges Dealing with the challenges and successfully countering them is crucial for a company. When it comes to ensuring the productive use of the platform, Teramind also faces unique challenges. Currently, enterprises are moving more towards the cloud. Its infrastructure complexity and introduction to the oversight gaps are resulting in threats becoming more sophisticated. In 2017, the world witnessed the first crypto-based attacks from WannaCry and Petya families of ransomware. Thus, dealing with these ‘neo-risk’ surfaces and the rapidly evolving threats is a challenge for the company. Additionally, protecting the customers’ data IP and trade secrets from internal and external threats is essential for businesses. However, maintaining employee privacy is also as important. Balancing between privacy and security can sometimes be tricky if the tools are misused. The company needs to educate its customers about how to use these powerful tools properly. It helps them establish a risk management policy that ensures security without compromising privacy.
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At Teramind, customer support is our top priority. We focus on customer feedback and build our product around it.
Isaac Kohen | VP of R&D Inclusive Culture Encouraging Autonomy and Collaboration Teramind is a remote-first company where the company culture for remote workers is as inclusive as possible. The company emphasizes on encouraging autonomy and collaboration to let the employees explore their potential. Teramind also emphasizes on the passion for work. The employees are inspired to passionately develop technology that solves real and difficult problems. A fun-filled and lighter environment is maintained in the company so that the employees can work freely and love what they do. Customer support is a top priority for Teramind. The company operates on a closed cycle as it focuses on customer feedback and builds the product around it. The product thus built is very close to the customer requirements. Looking to Raise the Bar The need for risk management solutions is only expected to increase in the forthcoming years. Keeping the future opportunities in mind, Teramind has planned solutions for the most critical components of risk management in the future. The company is expected to introduce numerous new features and capabilities into its platform.
key priorities of Teramind. The company will also introduce more productivity improvement features like support for mobile devices, time tracking, performance optimization, etc. It will also bring more applications and integration support with other partners. By the partnerships, the company aims to deliver better, holistic risk management and security solutions to its customers. Testimonials Reflecting the Company’s Success Teramind has come across numerous clients over the years. More often than not, the clients are satisfied and are always in high praise with the solutions provided by the company. The company’s success is evident through some of the testimonials provided by the company’s clients. Here are few of the praises from the clients: Jason C from a computer software company, asserts, “Extremely powerful software that has proven itself time and time again within our company,” Another client named Timothy O who has Financial Service Business says, “Fantastic system with plenty of applications. [With] retroactive security monitoring, threat management and system diagnostics. Ricky H. who is working in government Administration praises Teramind, says, “Teramind is far more advanced than other competitors. They are definitely raising the bar and I’ll back them up any day.”
Automating risk management and security orchestration by investing more on machine learning and AI is one of the
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Steve Crutchley
Founder & CEO | C2C
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We are moving forward all the time, risks continue to be an issue, we aim to help organizations, identify and remediate deďŹ ciencies before they become serious issues and cause business disruptions and permanent damage.
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C2C SmartCompliance:
A Compliance Platform Uniquely Designed To Improve Business Performance
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o organization today is immune to risks. All organizations are threatened with risks that can negatively affect the business. Risk management practices in the business can help to identify, measure and analyze these threats in order to reduce material, reputation, opportunity and also be cost-effective. The market is filled with companies that provide risk management tools. Choosing these tools can be confusing. With the competition emerging in the market with multiple solutions, one such product beating the confusion and cost challenge is MYRA. MYRA (MyRiskAssessor) is a product offered by the C2C SmartCompliance. MYRA is a uniquely designed full-function lowcost product. One of the clientele feedback stated that MYRA functionality was far outreached as compared to other products. Also, the cost was significantly below what is perceived to be the next level of products. Having a strong documented methodology is paramount and C2C provides a full methodology document when anyone licenses MYRA.
manual processes and perform tasks in hours that normally take days. MYRA addresses the challenges of protecting assets with a cost-effective solution that conducts risk assessments and provides management process visibility. The MYRA product is uniquely designed to offer organizations with the competence to undertake a risk assessment in a controlled manner. Often individuals are not comfortable with the rapid technological shift, thus MYRA is a product that can be easily undertaken by individuals regardless of the skill level. The product aims to overcome the issue of staff being excluded due to the lack of perceived knowledge. MYRA also comes with embedded supporting components: Ÿ Ÿ Ÿ Ÿ Ÿ
Aligning Strategy with Business Objectives
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C2C SmartCompliance is a specialized enterprise governance, risk and compliance software, and service provider. The company was established by professionals with over 25 years of GRC auditing and consulting experience. C2C methodology aligns an organization's compliance strategy with specific business objectives. Its products automate the costly
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Asset Risk Assessment Extensive Threat libraries linked to Vulnerabilities, linked to security controls Risk Treatment process – comprehensive management and workflow Business Impact Analysis (BIA) linked to the risk Gap assessments Ability to filter asset and provide roll-up across multiple environments – score comparisons 2FA if required, to provide the extra level of security
Recognized Leader in GRC Arena Steve Crutchley (Founder and CEO of C2C) established C2C intending to support clients and 29
their needs. He is a veteran in the field with more than 25 years of experience in Business Protection, combined with extensive knowledge of the industrial, commercial, government and financial areas. Steve is not just a recognized leader but also a foremost authority in the Governance, Risk, and Compliance (GRC) arena. He started his career with the Computer operations and also served as a security techie managing RACF. Over the years, he gradually managed to go up the ranks and ended up managing multiple MVS installations internationally. Steve is a serial entrepreneur and has a string of success in his career with multiple successful ventures. He adds, “If I was to start again, I doubt much would change – I enjoy what I am doing supporting clients and their needs. I moved into consultancy many years ago and started to develop my IP which took me into the product development realm. I came to the US in 2002 and in 2005 Symantec acquired my first business for a development we had. It is also nice to know it's still running today.” Presently, C2C has a strong service management culture and Steve is content and happy with the success. Navigating Through the Compliance Maze Being a part of the industry for years has benefited Steve with experience which helps him navigate the organizations through the risk business protection (security) and compliance maze. He assists the clients in selecting and delivering the processes and solutions that will mitigate the risk and support corporate governance. Technology is vulnerable to risk and to eliminate that risk leaders need to invest in the risk management tools. However, Steve encounters a few leaders who are not convinced by the idea of 30
investing in risk management tools. He further explains, “Risk isn't just for the clever people; we deal with risk day-in and day-out and having an easy to use and consistent product makes MYRA the best ROI for any risk product in its class.” Skilled and Knowledgeable Teammates The competition in risk management services is rising rapidly. Thus, the team at C2C utilizes its products to offer value for money services. Steve believes that the team has to have supporting capabilities in the 'back-pocket' to ensure that they can effectively compete in the space. The team of C2C comprises of skilled and knowledgeable individuals across multiple disciplines. These individuals utilize MYRA in their day-to-day activities. Through using the product regularly the team can also ensure that MYRA is updated regularly and incorporating all the client suggested changes. Supporting the Business in Need Steve established C2C to provide cost-effective solutions supporting the business need. The services and products of the company go beyond the risk management tool. C2C has a full function mapping capability in the Compliance Mapper product where it supports large organizations needing to ensure compliance with multiple regulations, standards, and best practices. In the coming years, C2C plans upgrade the services as per the client requirements and fulfill its ultimate goal to support the business in need. “The C2C goal is to continue providing full function, cost-effective solutions. I have come through the big-spending days and now we want value for money!” Steve concluded.
WhiteSource:
A Solution Built By Software Development Team, For Software Development Teams
B
ack in 2008, the team of WhiteSource was trying to push through the sale of their then software company Eurekify. They encountered several challenges down the road and thus decided that their next entrepreneurial mission would be to save other companies from the same hassle and nightmare. Together they designed a solution to automate all tasks surrounding the use of open-source components—a solution built by a software development team, for software development teams. Now, WhiteSource is the only all-in-one licensing, security, and reporting solution for managing open source components. It’s everything software development teams need to get the maximum out of using open source components, without the headache, so they can focus on what they should be doing – making beautifully constructed software.
Risk Management throughout Various Sectors Over the years, market has developed immensely that has led to much advancement in the market. One such recent development in the market is the risk management culture throughout the organization. Being one of the leading risk management tool providers, WhiteSource caters to both security teams and software development teams. Both the groups vary differently in its respective sectors thus making risk management requirements different. This sometimes makes it difficult to meet the needs of respective sector, as each focus on different aspect of risk management. Due to catering to vast sectors it sometimes becomes challenging to fulfill all the risk management requirements. Risk management should be owned only by a small group of people, but by everyone within the organization. The companies benefit by embedding risk management throughout the organization, covering all areas and activities.
Saving Customer’s Substantial Time and Resources In 2011, Ron Rymon, Azi Cohen, and Rami Sass founded WhiteSource, an open source security and license compliance management platform. WhiteSource secures and manages the open source components in the software. The platform offers its clients with full control and visibility over the open source usage through realtime alerts, the automated enforcement of policies at different stages of the software development process, and the generation of comprehensive reports. This unique platform supports more than 200 programming languages, making it easy for the customers to develop secure software without compromising on speed or agility. The WhiteSource Prioritize solution helps customers to focus on real vulnerabilities in its open source code by determining whether proprietary code is utilizing them. This significantly reduces the number of false-positive security alerts and saves its customers substantial time and resources.
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Serial Entrepreneur Learning Through Errors and Trials Rami Sass is the Co-founder and CEO of WhiteSource, and one of the brains behind the idea of establishment of the company. The platform is an open source component management solution that allows engineering executives to effortlessly manage the use of open source components in their respective software. Rami himself is an expert and entrepreneur with a background in R&D and product management. He and his team’s idea was to allow developers to focus on building great products and eliminate the hassle. Prior to founding WhiteSource, Rami became an expert in designing and implementing complex security management and compliance software systems and delivering them to the market for Eurekify and CA. Today with a vast experience in defining innovative products, leading technology groups and growing companies from seed level to business maturity, he has
Most Reliable
2 20 0 Solution Providers of
THE
WhiteSource alerts you immediately regarding new vulnerabilities or compliance issues to minimize your exposure to risk.
Rami Sass | Founder turned into one of the industry veterans. Throughout the journey he has encountered various roadblocks but his belief has been to learn through errors and trials. “We will continue to help companies secure their applications and lead the open source security space through the continuous innovation of our product,” commented Rami. Autonomy Fuels Creativity The success of the company is not an individual’s responsibility but the result of the joint efforts of the team. The best of team members can be achieved when each one of them is given the freedom to explore their creativity. At WhiteSource, the team members are provided with the support they need to do the job while also giving them the full autonomy over their area of responsibility. Autonomy motivates people to think creatively without needing to conform to strict workplace rules. It also builds trust, increases the feeling of belonging, and improves innovation.
great way to grow as long as you learn from your mistakes and optimize your process while getting the job done.” Thus, the team at WhiteSource is allowed to experiment with the ideas and have the liberty to make mistakes as long as they are learning from it. Focusing On Simplifying Open-Source Usage 2020 has introduced a shared model of responsibility in risk management. Though risk management is no longer owned only by one team, every department views risk management differently. Being one of the former software development teams, WhiteSource understands how its clients view risk management tools and strive to offer the tools needed to reduce risk without slowing down development. As WhiteSource also caters to security teams, the team is also committed to mitigating the overall risk by helping the companies. The ultimate goal of the company is to simplify open source usage and make it accessible and reliable so that businesses can harness its power without exposing themselves to unnecessary risks.
Rami further adds, “I believe the best way to learn is through trial and error. This is why I encourage my team not to be risk averse. I tell them that taking risks is a
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INNOVATING WIRELESS TECHNOLOGIES
How Finest Wireles Changing The Comm W
ireless communications are one of the better domains of technology development of our time. This progress is being driven by the shift of what has been largely a medium for supporting voice telephony into a medium for supporting other services. The demand for new wireless capacity is growing at a quick pace. In the present day, the wireless communication system has become an important part of different types of wireless communication devices, which permit the user to communicate even from remote operated areas. There are many devices used for wireless communication like mobiles, Cordless telephones, GPS, Wi-Fi, satellite television and wireless computer parts. Current wireless phones include 3G and 4G networks, Bluetooth and Wi-Fi technologies. Let's see how the following emerging communication technologies are going to make the communication systems better and efficient to use. 5G Enables High-Speed Internet for Masses The 5G cellular technology is upon us, we might see 5G get adapted in major cities by the end of 2019 or at the beginning of next year. The technology supposed to compliment Wi-Fi as the speed of the internet is going to improve by the introduction of 5G. The speed is not the only thing that 5G is going to provide as its prices are going to be economical. The evolution of 5G will help in setting high-speed internet services for individuals and organizations on the Internet of Things and low latency applications.
gathering and exchanging information related to safety, navigation, and infotainment. With the development of selfdriven cars catching up the speed we might see V2X be made compulsory in the future for all the vehicles. But, this system needs hi-speed internet service to work. Long Range Wireless Power to Replace Power Cables The long-range wireless power someday in the future going to replace the power cables from electronic appliances like computers, mobiles, and gadgets used in the kitchen. But, the initial wireless power systems were not that successful in providing the experience that the users expected. The information that is available combined with current technology will help to redesign the communication system that will fit into living spaces. Previously, the device needed to be kept in a certain place, which is a slight improvement on the cable charging devices. Low Power Wide Area Networks Provide Long-range Wireless Connectivity Low Power Wide Area (LPWA) technology come up as a phrase in 2013 not as a new technology standard, but rather as a category of wireless technologies that are well suited to the specific needs of machine-to-machine and IoT devices. Most of IoT devices, especially those in cities and industrial sectors, don't require the same speed and bandwidth of consumer cellular devices. LPWA Network (LPWAN) technologies enhance the business case for IoT solutions, offering a cost and power-efficient wireless option that leverages existing networks, global reach, and strong builtin security.
Vehicle-to-Everything Wireless (V2X) Compulsory in Future for All Vehicles
Wireless Sensing Enforce Effective Communication
V2X wireless system will allow normal and autonomous cars to communicate with each other and with the infrastructure on the route. This new technology will help in
A Wireless Sensor Network (WSN) can be specified as a network of devices that can communicate the information gathered from a monitored field through wireless links. The
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ss Technologies Are munication For Better ata is moved forward through dierent nodes and with a gateway, the data is connected to other networks like wireless Ethernet. WSN is a wireless network that includes base stations and numbers of nodes (wireless sensors). Networks are used to monitor physical or environmental conditions like sound, pressure, temperature and co-operatively pass data through the network to the main location. Enhanced Wireless Location Tracking is Precise Wireless communication systems are used to sense the locations of the devices connected to them. The highly accurate tracking system can precisely locate the device up to one meter. The data generated from the device can be used in dierent business areas like marketing, channel management and the Internet of Things. Millimetre-Wave Wireless Provide High Speed at Lower Frequency The improvement in technologies over the past decade has allowed the widespread use of millimeterwave to address the challenges of lower frequency and highspeed communications. The evolution of network technologies from 1G to 5G has taken almost ďŹ ve decades from 1G in the 1980s to 5G in the 2020s. The possibility of achieving data rates of up to 10 gigabits per second, where the data rates are restricted to less than 1 gigabit per second in microwave frequencies has increased. The application of millimeter waves to automotive radar solutions, high-speed pointto-point communication, streaming highresolution videos, and carry large amounts of data.
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INNOVATING WIRELESS TECHNOLOGIES
Backscatter Networking Leveraging Existing RF Signal Resources Backscatter communication technology has been introduced recently. It is becoming a go-to choice for self-sustainable communication systems as an external power supply or a dedicated carrier emitter is not required. By using existing RF signal resources, backscatter technology can support sustainable and independent communications and consequently open up a whole new set of applications that facilitate Internet-of-Things. Software-Defined Radio making it Assessable for All Software-defined radio is an RF communication system that incorporates a significant amount of this software-based signal-processing functionality. It is a concept according to which RF communication is achieved by using software to perform signal-processing tasks that are typically performed by hardware. This communication system provides a vehicle for carefully analyzing RF signals and experimenting with modulation and decoding techniques. It also makes custom RF communication systems more accessible to those who have limited experience with RF design. Wi-Fi 6 More Reliable with Speed Wi-Fi 6 will ultimately enhance the experience for all wireless users, from office workers, who will find that their devices communicate more securely and quickly in crowded offices, to people supporting constellations of IoT devices. Customers will find that they can pack more low-power devices into a space with fewer access points. Wireless communications globally are something that people can expect as technology advances. Wireless communications have a lot of benefits and can make the world a lot more efficient. It does have concerns though as with every other new advancement that is made in today's world. The difficulties with security regarding access to a person's personal information or the negative impact that it may seem to have on society are a few things that are keeping back the progress that wireless technology could be making.
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