Check out all the on-demand sessions from the Intelligent Security Summit here<\/a><\/em>.<\/p>\n

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Enterprise risk is dynamic. As cloud adoption increases and organizations\u2019 environments expand, so do the risks facing underlying critical data assets. This means CISOs need the ability to automatically assess risk as it evolves throughout the environment.<\/p>\n
Providers like Scrut <\/a>Automation<\/a>, which yesterday announced $7.5 million in funding, are aiming to enable CISOs<\/a> to monitor their security posture in the cloud through automation. This allows them to maintain compliance with SOC 2, ISO 27001 and the GDPR without being overwhelmed by manual administrative tasks.\u00a0<\/p>\n
Scrut Automation\u2019s solution offers a cloud security posture management (CSPM) module, which enables CISOs to monitor cloud assets for misconfigurations<\/a> and maintain a real-time cyber asset inventory. There is also a risk management module to enable CISOs to score risks based on severity.\u00a0<\/p>\n
More broadly, the funding reflects the reality that organizations can\u2019t afford to rely on manual approaches to measure risk in the cloud as modern hybrid<\/a> and multicloud<\/a> environments are simply too complex and fast-moving.<\/p>\n
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Automating compliance in the cloud\u00a0<\/h2>\n
The announcement comes as more organizations are struggling to maintain compliance in the cloud. The 2022 Thales Cloud Security Report<\/a> found that 45% of businesses have experienced a cloud-based data breach or failed audit in the past 12 months.<\/p>\n
\u201cIn the last few years, the frequency, intensity and complexity of breaches have increased drastically,\u201d said Aayush Ghosh Choudhury, CEO and cofounder of Scrut Automation.\u00a0\u201cMoreover, governing bodies and customers across the world are demanding better security from companies across the world.\u201d<\/p>\n
In such an environment, continuous monitoring isn\u2019t just nice to have, but critical. \u201cThis has made it imperative for cloud-native enterprises to continuously monitor their security posture and comply with multiple frameworks across geographies,\u201d said Choudhury.<\/p>\n
Scrut Automation\u2019s approach to streamlining compliance is to conduct automatic risk assessments across cloud environments and display them to the user via a dashboard, which contextualizes them through a risk score.<\/p>\n
If the user then wants to address a particular risk, they can use automated workflows alongside alerts and reminders to drive the remediation process.<\/p>\n
The GRC and compliance automation market\u00a0<\/h2>\n
At a high level, Scrut Automation\u2019s solution falls within the governance, risk and compliance (GRC) market<\/a>, which researchers valued at $39.4 billion in 2022 and will reach $76.4 billion by 2028.\u00a0<\/p>\n
One of Scrut Automation\u2019s main competitors in the market is Vanta<\/a>, an automated security and compliance management provider valued<\/a> at $1.6 billion. Vanta offers continuous monitoring, centralized access management, and real-time alerts for compliance risks across enterprise tools and services.\u00a0<\/p>\n
Another competitor is Drata<\/a>, which raised $200 million in funding<\/a> in December 2022 and offers enterprises a cloud-based GRC platform to automate the collection of compliance evidence with security posture notifications delivered via email, Slack and Microsoft Teams.\u00a0<\/p>\n
Choudhury argues that the key differentiator between Scrut Automation and these other solutions is Scrut\u2019s focus on supporting CISOs in cloud-native organizations.<\/p>\n
\u201cFor these stakeholders, the typical choice is between compliance automation platforms \u2014 which lack the depth of security controls a CISO needs \u2014 or a plethora of enterprise point security solutions, which are heavy-weight, complex, and expensive, and lead to tool fatigue without really solving the crux of the problem,\u201d said Choudhury.<\/p>\n
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\n Tim Keary<\/p>\n","protected":false},"excerpt":{"rendered":"
February 22, 2023 12:59 PM A photo of the Scrut Automation team Check out all the on-demand sessions from the Intelligent Security Summit here. Enterprise risk is dynamic. As cloud adoption increases and organizations\u2019 environments expand, so do the risks facing underlying critical data assets. This means CISOs need the ability to automatically assess risk<\/p>\n","protected":false},"author":1,"featured_media":611111,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4441,39960,46],"tags":[],"class_list":{"0":"post-611110","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cloud","8":"category-compliance","9":"category-technology"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/611110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=611110"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/611110\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/611111"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=611110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=611110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=611110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

Event<\/h3>\n\nIntelligent Security Summit On-Demand<\/span><\/p>\nLearn the critical role of AI & ML in cybersecurity and industry specific case studies. Watch on-demand sessions today.<\/span><\/p>\n<\/div>\n