Practical Risk Assessment Tools

James TaralaRisk Assessment, Tools

In a previous blog post we cataloged a number of risk management methodologies that we’ve seen a number of organizations employ in an effort to manage the security of their information systems. A number of people have asked us though, what tools best assist people implementing those models? Are there tools available to make the process easier or do companies have to develop their own tools to make one of these methods a reality?

Unfortunately the answer is that most of the companies we’ve worked with have chosen to develop their own risk management tools. Though to be fair the majority of companies we meet choose to manage their efforts through very simple tools such as Microsoft Excel spreadsheets. Whole there’s nothing wrong with that, the questions inspired us to consider following up to the previous post with a list of some of the risk assessment toolkits we’ve seen people use.

In the open source world there are a few choices, and more and more seem to be springing up all the time as the need for visual risk assessment tools increase. Some of the more popular tools we’ve encountered are:

  • Binary Risk Assessment Tools
  • Babel Enterprise (free & commercial)
  • Cyber Security Evaluation Tool (DHS)
  • OSSIM SIEM (free & commercial)
  • SOMAP ORICO
  • Practical Threat Analysis (PTA) Professional

But this doesn’t mean that there aren’t commercial tools that are also available to purchase to jumpstart this process. Most tools in this commercial space are known as Governance, Risk, and Compliance (GRC) tools and Gartner even publishes a Magic Quadrant on the subject. Some of the more popular commercial tools are:

  • OpenPages Enterprise GRC
  • Thomson Reuters Paisley
  • Bwise GRC
  • Oracle Enterprise GRC Manager
  • MetricStream
  • Methodware ERA
  • Cura Enterprise
  • Archer Technologies SmartSuite
  • Protiviti Governance Portal
  • Mega Suite
  • Aline Operational Suite
  • CCH TeamMate, Sword, & Axentis
  • IDS Scheer ARIS

Hopefully this list gets you thinking and gives you a good place to get started as you consider which tool is the best option for you. Happy hunting!