What is the Role of Compliance Automation in a Risk Management Program?

Transcript

Below is a transcript of the video conversation between Bright Defense’s Co-Founder, Tim Mektrakarn, and Drata’s Head of Product Marketing, Topher Stephenson.

Tim: “What is the role of compliance automation in a risk management program?

Topher: “For risk management programs, very quickly, compliance automation is becoming the central bulwark that really trusses up your risk management program. The common fault with many risk management programs is they are point-in-time. Right? So you’re managing risk at one point in time. It’s very human-based.

And, there’s still a role for that. There’s always going to be a human-centric risk management program. But, continuous risk management is the trend for the future. And, the only way you can get to continuous risk management is by implementing tools and platforms like Drata, which give you continuous control monitoring. So, you can see on a daily basis: Are you in compliance? Are you managing your risk effectively? And then, when things fall out of compliance, and it introduces a new risk, are you able to remediate that really, really quickly.

With old-school risk management programs, you know that it’s a point-in-time exercise. You know, quarterly, monthly. With tools like Drata that do compliance automation the right way, you’re managing a lot of the elements of the risk program in real-time.

Tim: “Yeah, we’ve definitely made risk management a key highlight of our service. Making sure that the risk management component is integrated into every aspect of what we do and what we talk about with our customers. Especially third-party risk management. So making sure that the vendors are getting the same scrutiny just like they’re doing to our customers right now.”

Topher: “Of course, I mean, that’s the biggest single vector of risk is through your vendors, and with tools like Drata, where we have vendor management and third-party risk management modules, that’s all integrated into your central compliance engine. So all that stuff is happening in real-time. And, it really is a game changer for a lot of companies.”

About Bright Defense

Bright Defense is defending the world from cybersecurity threats through continuous compliance.

We understand that compliance is more than just checking boxes. It’s about minimizing the financial risk and reputational harm from a data breach. It’s also about assuring your clients, stakeholders, and employees that you are conducting business with the greatest commitment to security and data integrity.

Bright Defense combines technology, expertise, and a customer-centric approach into a continuous compliance service that meets your unique business needs. Our monthly engagement model delivers a robust cybersecurity program that allows you to meet compliance frameworks, including SOC 2, ISO 27001, HIPAA, PCI, and CMMC.

Once compliance certification is achieved, we constantly enhance your security program to keep up with the evolving threat landscape and compliance standards. Our compliance automation toolset powered by Drata gives you complete visibility into your compliance status while saving you time and money.

About Drata

Drata is the world’s most advanced security and compliance automation platform with the mission to build trust across the cloud. With Drata, thousands of companies streamline over 20 compliance frameworks—such as SOC 2, ISO 27001, GDPR, and more—through continuous, automated control monitoring and evidence collection, resulting in a strong security posture, lower costs, and less time spent preparing for annual audits. The company is backed by ICONIQ Growth, Notable Capital, Alkeon Capital, Salesforce Ventures, Cowboy Ventures, S Ventures, Leaders Fund, Okta Ventures, SVCI, SV Angel, Intuit Ventures, and many key industry leaders. For more information, visit drata.com.