Watkins Consulting Becomes Reseller of NIST Cybersecurity Framework Tool that Provides Risk Intelligence for Financial Institutions
Silver Spring, MD – July 31, 2015 – e-Management announces a partnership with Watkins Consulting, a leading financial services cybersecurity, compliance monitoring, and forensic accounting consulting firm, to bring CyberRx, an online cybersecurity risk and readiness solution, to financial institutions. Developed by e-Management and based on the Critical Infrastructure Cybersecurity Framework published by the National Institute of Standards and Technology (NIST), CyberRx is a cybersecurity risk intelligence (RI) service that helps the “readiness, preparedness, and resilience” of businesses.
CyberRx empowers financial institutions to manage and reduce their overall cybersecurity risk exposure. Subscribers to CyberRx can now conduct a risk assessment of their operational environment, estimate the likelihood of a cybersecurity event, and gauge the financial impact that a cybersecurity event could have on their organizations.
In addition, CyberRx will allow for banking and financial institutions to map the recently released Federal Financial Institutions Examination Council (FFIEC) cybersecurity assessment tool to the NIST Framework.
“We are very pleased that Watkins Consulting will offer CyberRx to its customer base of financial institutions,” says e-Management Founder & CEO Ola Sage. “With 44 percent of global financial services firms citing the lack of sufficient funding as the primary barrier to implementing an effective IT security program, a tool like CyberRx becomes a valuable asset for organizations looking to prioritize their cybersecurity program.”
“Watkins is excited to add CyberRx to its risk management services, and we are looking forward to providing CyberRx to our existing and new clients,” says Watkins Consulting Executive Managing Director Michael Block. “This is a cost-effective tool for our clients to assess risk and provide actionable insights to address their cybersecurity vulnerabilities.”
Watkins Consulting, Inc. is a management consulting firm specializing in all aspects of the financial services industry, representing the synthesis of multidisciplinary professionals in finance, accounting, bank regulation, economics, and information technology in order to provide a complete risk management and evaluation solution. Their focus is on providing “results driven” industry expert analytical and management consulting services to financial institutions. For more information, about Watkins Consulting, visit them at www.watkinsconsulting.com.
e-Management is an award-winning cybersecurity and IT services firm named as the 2015 IT Company of the Year for Montgomery County, Maryland. The company’s expertise and experience is backed by a successful 15-year record of keeping their clients prepared and secure. A CMMI® Maturity Level 3 rated company, e-Management’s software innovations include CyberRx for cybersecurity readiness and eGov Risk Portfolio Manager for enterprise risk management. For more information about e-Management, visit www.e-mcinc.com.