New RiskWatch Assessment Guide Now Available


ANNAPOLIS, Md., Aug. 7 /PRNewswire/ -- RiskWatch, Inc. announced today that a new how-to Guide for IT Risk Assessment has been released and is available at an introductory price at the www.riskwatch.com/ web site. The new Guide includes:

o Risk Assessment Methodology
o How to structure the Risk Assessment
o Guide to current Risk Assessment Requirements Forms that can be used
to collect information

Additional information included in soft copy.

The Guide draws on experience from a wide range of risk assessment experts and will provide valuable insight to anyone starting their first risk assessment, whether they are a consultant, an information security manager, a financial institution, or a technical service provider trying to meet the new risk assessment requirements. Forms for collecting information about asset values and threat incidents are included in the Guide to Risk Assessment, as well as the latest FFIEC (Federal Financial Institutions Examiner's Council) regulations. George Collins, former Head of Information Security at GE Capital and Rockwell Automation, commented, "This Guide will be a very valuable asset for anyone starting a risk assessment. It presents the concepts in simple terms and helps the analyst structure the analysis so that management can support the process."

Companies perceive a rising level of risk and plan to increase their investment in risk management over the next three years, but a lack of alignment with the strategy of their business means many are not getting the full benefits from their risk approach, says a new survey from Ernst & Young. The global survey, "Companies on Risk: The Benefits of Alignment," published in March 2006 by Ernst & Young, interviewed 441 senior decision-makers in large organizations in 16 countries, with the emphasis on the larger financial centers.

RiskWatch(TM) is the top-rated provider of enterprise security risk assessment and compliance software that fully automates the risk management process. RiskWatch clients include ISS, IBM, Metris, U.S. Federal Agencies, Hypovereins Bank, Wells Fargo Bank, Keystone Bank, Mitsubishi Corporation, Abbott Labs, Constellation Energy, Baptist Hospitals and many more.

For more information, contact:

Caroline Hamilton
RiskWatch, Inc.
410-224-4773, x105
chamilton@riskwatch.comhttp://www.riskwatch.com/

Source: RiskWatch, Inc.

Web site: www.riskwatch.com/

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