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What is C1Risk?

C1Risk is a Governance, Risk, and Compliance (GRC) solution that aims to provide risk management solutions for various areas including Enterprise, Operational, ESG, Legal, HR, IT, and Cybersecurity. The vendor claims that C1Risk is suitable for companies of all sizes, ranging from small businesses to large enterprises, and caters to professionals and industries in Financial Services, Legal GRC, and Education.

Key Features

Pre-Built & Build-Your-Own Assessment Templates: According to the vendor, C1Risk offers a wide range of pre-built custom assessment templates with over 5,000 questions. These templates cover various compliance standards including CMMC, ISO, PCI, and more. Users also have the flexibility to create their own assessment templates and questions.

Risk Scoring and Automated Findings for Security Review Reporting: The vendor states that C1Risk allows for custom question risk scoring, enabling users to assign specific risk levels to different questions. The platform also provides automated findings and reporting, aiming to make it easier to identify and address security risks. This feature is said to ensure that security reviews are meaningful and can be conducted on an ongoing basis.

Third, Fourth, Nth Party and Engagement Review: According to the vendor, C1Risk enables users to review not only their primary vendors but also associated supply chains and specific engagements. This feature allows for a comprehensive assessment of all parties involved in the vendor management process. Users can gain deeper insights into the risk profiles of their vendors and identify potential vulnerabilities.

Integration with WhiteHawk, BitSight Continuous Monitoring Tools: The vendor claims that C1Risk integrates with external tools like WhiteHawk and BitSight for continuous vendor monitoring. This integration aims to enhance the platform's capabilities by combining AI empirical risk reporting with real-time monitoring data. Users can leverage these tools to stay updated on their vendors' security posture and proactively address any emerging risks.

Simplify: According to the vendor, C1Risk is designed to be simple to deploy and easily connect with existing enterprise applications. The platform aims to streamline the vendor management process, reducing manual effort and improving efficiency. Users are said to benefit from a user-friendly interface and intuitive workflows that simplify risk management tasks.

Automate: The vendor claims that C1Risk automates various risk, compliance audit, and cybersecurity processes across industries. This automation is said to eliminate manual tasks, reduce errors, and ensure consistent and standardized assessments. Users can save time and resources by leveraging the platform's automation capabilities.

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