| | MAY-JUNE 202419Consultants Review10GRC CONSULTANTS- 2024Information Security standards (ISO 27001, SOC 2, RBI Master Directions), or meeting specific customer requisites on Information Security. Moreover, CyRAACS specializes in Information Security programs, offering tailored controls aligned with clients' needs and risk appetite. Its CISO Services act as an extended Information Security team, managing all security aspects on behalf of clients. The company also conducts cybersecurity audits and regulatory audits for various organizations, including banks and fintechs.CyRAACS has a team of 100+ consultants specializing in tailored security solutions across various industries. With 1000+ successful global projects, they excel in security framework development, technical assessments (Red Team evaluations, Cybersecurity drills), maturity model evaluations, and audits for regulatory compliance. Their Technical Services team offers testing for Infrastructure, Cloud, Applications, and APIs, covering technical flaws and business logic issues. They also provide niche services like Red Team assessments, Phishing Assessments, Secure Code Review, and Malware analysis. The team holds certifications including CISSP, CCSP, CISM, CISA, CBCP, OSCP, CRTP, CEH, and ITIL, with expertise in information security, data privacy, risk management, and technology."With the increasing reliance on third parties, looking at the risk volumes is crucial. To mitigate risk, we offer comprehensive Third-Party Security Assessments which identifies security risks within the supply chain and diminish it. Also, emphasis on managing third-party risks will continue to grow as the boundaries between financial institutions and technology providers blur," explains Murari Shanker, Co-Founder of the company.Today, CyRAACS is known in the market as a Trusted Security Partner having successfully catered to numerous players in India's BFSI sector, including HDFC Bank, Karur Vysya Bank, Jana Small Finance Bank, and others. Specializing in cyber security, the company conducts various assessments like Cyber Security Audits, Risk Assessments, VAPT, Red Team Assessments, and more. It also handles Regulatory Audits, ensuring compliance posture is maintained. Beyond BFSI, CyRAACS serves IT/ITES/Cloud-first companies and new-age tech firms. Additionally, it provides services to divisions of conglomerates like Aditya Birla, Godrej, and Reliance, as well as international clients in the US, Middle East, and Europe, focusing on areas such as Cloud Security Compliance and Business Continuity.Further showcasing its competency in the field, CyRAACS has been bestowed with numerous awards since its incorporation, including being named the 'Best Cyber Security Consulting Company of the Year' in 2019, recognized as one of the '20 Most Trusted Cybersecurity Companies in India' by The Global Hues in 2021, 'No. 1 Cyber Security Company for SMB and Startups in India' by Inventiva in 2022 and `Cyber Security Innovator of the year' at CISO Conclave & Awards (2023).Robust Roadmap AheadCyRAACS is dedicated to advancing its service portfolio, prioritizing IoT Security testing, Automated Threat Management, and Next-Gen Security Operations driven by AI-powered SIEM/SOAR/EDR. "Additionally, we aim to bolster our expertise in Third-Party Risk Management. Our vision is to revolutionize cybersecurity with COMPASS, our cutting-edge platform. COMPASS is a lightweight, niche cybersecurity solution crafted by experts with over 100 years of combined experience. It supports 35+ global cybersecurity standards, offering customizable frameworks and reporting tools. Acting as the single-source of truth, COMPASS aids organizations in maintaining compliance and audit readiness," concludes Suresh. Emphasis on managing third-party risks will continue to grow as the boundaries between financial institutions & technology providers blur
< Page 9 | Page 11 >