Orchestrating Business-Aligned Cyber Risk Management: X-Analytics Maestro

By Dr. Edward Amoroso , Industry Analyst, TAG

(New York – November 13, 2024) Next week marks an important milestone for cyber risk management. We have been informed that X-Analytics is set to roll out its latest solution: X-Analytics Maestro. This new platform release signals a welcome advance for governance, risk, and compliance (GRC) frameworks. With this new development, we believe X-Analytics is well-positioned to help redefine how organizations manage cyber risk.

Specifically, X-Analytics Maestro advances themes we’ve been pushing at TAG for many years in the context of cyber risk platforms – namely that increased focus is needed on solutions that are orchestrated and truly business-aligned. This approach, which we see in the new X-Analytics platform release, is rooted in actionable outcomes that can deliver tangible value to a business.

Transcending Legacy GRC

Legacy GRC systems, while obviously helpful in establishing foundational controls, often fall short in the area of adaptability. These systems were designed for an era when cyber risk management was primarily reactive, and reporting was the end goal. The challenge with this model is that it cannot keep pace with the need for continuous risk insights that are aligned with actual business outcomes.

X-Analytics Maestro seeks to address this gap via its continuously orchestrated approach, where risk is no longer a static metric to be managed in quarterly reviews. Instead, organizations can implement a proactive, business-aligned strategy that evolves in real time, providing decision-makers with actionable intelligence and strategies to mitigate risk effectively.

The Need for Clarity in Cyber Risk Management

It’s been our experience at TAG that in the typical senior executive suite, clarity around cyber risk has been elusive. It’s difficult to make strategic business decisions when risk data is fragmented or presented in a way that doesn’t directly align with core business objectives.

X-Analytics Maestro changes this by transforming cyber risk data into business intelligence. It provides clear insights that enable risk teams to speak the language of the C-suite, demonstrating not just compliance but also how cyber risk strategies impact the company’s bottom line.

Consider a scenario where an organization is facing a series of persistent cyber threats. With legacy GRC systems, responses may be slow, misaligned with evolving business goals, or bogged down in compliance minutiae. By contrast, X-Analytics Maestro equips teams with a dynamic view of risk that is continuously updated and prioritized based on business impact.

Business Intelligence for Cyber Risk

Another compelling aspect of X-Analytics Maestro is its business intelligence capabilities. Risk data, when presented effectively, can become a powerful tool for decision-making. The platform converts complex cyber risk metrics into straightforward business insights, providing visibility not only for IT teams but for stakeholders across the enterprise.

For instance, a CFO can leverage X-Analytics Maestro to understand the financial impact of a potential cyber incident and make budgetary decisions accordingly. Meanwhile, a CEO can gain visibility into the strategic implications of cyber risk, aligning organizational priorities with the most pressing security concerns. This alignment ensures that cyber risk management is not just a technical exercise but a strategic business enabler.

Real-World Impact

Our observation through discussions with the X-Analytic principles (see, for example, https://www.dhirubhai.net/posts/tag-infosphere_learn-how-the-secs-new-focus-on-cybersecurity-activity-7256684892556603395-2huG/ ) is that dozens of organizations have embraced this forward-thinking approach, moving away from legacy GRC toward the orchestrated, business-aligned strategy championed by X-Analytics Maestro. These organizations are not just managing cyber risk; they are actively reducing it and demonstrating the value of their efforts in terms that business leaders understand.

Next Steps

The launch of X-Analytics Maestro represents more than just a new product release; it’s a rethinking of how organizations approach cyber risk management. By transcending traditional GRC and offering a continuously orchestrated, business-aligned strategy, X-Analytics is setting a new standard for the industry.

Stay tuned to our TAG social media postings for more on this exciting development, and TAG Research as a Service (RaaS) customers are always welcome to request more detailed guidance on cyber risk management and any other aspect of enterprise cybersecurity.