Watchfire Launches Online Risk Management Platform - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News

Watchfire Launches Online Risk Management Platform

WebXM 4.0 features new enterprise Web application security module.

Watchfire, a Waltham, MA provider of risk management software and sevices, today unveiled Watchfire WebXM 4.0, an online risk management platform addressing security, privacy, accessibility, quality, and regulatory compliance issues.

The new release features Web application security testing and reporting capabilities, and what Watchfire calls an Issue Management Engine designed to help companies implement and maintain Web compliance.

A new Security module in WebXM 4.0 is the result of integrating the Web application security technology that Watchfire acquired from Sanctum. The Security module scans enterprise Websites and reports on a wide variety of security weaknesses including Web vulnerabilities that can cause phishing attacks, customer identity theft, service interruptions, and Website defacement.

WebXM also includes compliance reporting capabilities that may assist financial services organizations with anti-money laundering initiatives. WebXM now reports on more than 20 global compliance laws, requirements and industry standards

In this release, Watchfire has also introduced an Issue Management Engine, which integrates with all WebXM modules, (Security, Privacy, Quality, Accessibility, Regulatory Compliance and Corporate Standards) to classify, prioritize and manage critical issues throughout the entire enterprise from identification through to resolution.

"Enterprise risk management has become a critical issue for senior management and while Websites continue to grow in strategic importance and operational complexity, many executives fail to recognize the risks associated with conducting business online," said Peter McKay, president and CEO of Watchfire. "These risks include non-compliance, business disruption, and privacy and quality issues that can undermine brand value. In addition, accelerating costs associated with manually monitoring for these issues is increasingly onerous to management."

WebXM 4.0 can report on more than 20 global compliance laws, including GLBA, FISMA and SOX. It includes an executive management dashboard to provide key business and compliance stakeholders with detailed and correlated views into their online risk management and compliance environment. Administrative enhancements including new user roles, audit trails and job logging.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
The State of IT & Cybersecurity Operations 2020
The State of IT & Cybersecurity Operations 2020
Download this report from InformationWeek, in partnership with Dark Reading, to learn more about how today's IT operations teams work with cybersecurity operations, what technologies they are using, and how they communicate and share responsibility--or create risk by failing to do so. Get it now!
Slideshows
IT Careers: 10 Industries with Job Openings Right Now
Cynthia Harvey, Freelance Journalist, InformationWeek,  5/27/2020
Commentary
How 5G Rollout May Benefit Businesses More than Consumers
Joao-Pierre S. Ruth, Senior Writer,  5/21/2020
News
IT Leadership in Education: Getting Online School Right
Jessica Davis, Senior Editor, Enterprise Apps,  5/20/2020
Register for InformationWeek Newsletters
Video
Current Issue
Key to Cloud Success: The Right Management
This IT Trend highlights some of the steps IT teams can take to keep their cloud environments running in a safe, efficient manner.
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll