Fintech News

Coalfire Introduces Technology Solution to Enable Compliance Transformation

Coalfire Appointed to PCI Standards Roundtable

CoalfireOneSM Platform Embeds Expert Experience into Compliance on Demand SaaS Solution

Coalfire, a provider of cybersecurity advisory and assessment services, introduced the CoalfireOne Compliance Management solution, one of the first Compliance on Demand SaaS platforms that enables organizations to maintain and improve security with year-round visibility and proactive management of their compliance program.

Read More: GlobalFintechSeries Interview with Erick Pinos, Ecosystem Lead at Ontology

Managing compliance is more complicated, disruptive, and time-consuming than it needs to be, distracting organizations from activities that add value to their business. A Compliance on Demand solution that provides real-time visibility into security and compliance posture can provide continuous assurance and replace the traditional annual assessment cycles of the past.

“Some software solutions have attempted to streamline compliance as simple workflow tools while others are full-on GRC solutions that can be expensive and difficult to implement and use,” said Coalfire VP of engineering Kevin Tonkin. “However, with the onset of new regulations and multiple compliance obligations, the most important component to embed in the features and functions of a solution is not the code, but the assessor’s knowledge and experience.”

Read More: GlobalFintechSeries Interview with Ashish Singhal, CEO and Co-Founder at CRUXPay

After nearly 20 years of cybersecurity and compliance leadership, Coalfire has accumulated millions of hours of direct experience developing perhaps the industry’s broadest knowledge base. The company is the only accredited assessor firm to apply this level of expert guidance into a SaaS solution, delivered on demand in a comprehensive platform.

The CoalfireOne Compliance Management solution provides a proactive means for year-round visibility that helps eliminate a traditionally chaotic process during annual assessment cycles. It also works in tandem with Coalfire’s coordinated assessments, which align multiple compliance requirements throughout the year to reduce the total cost of compliance and audit fatigue.

Read More: Strider Announces John Mullen, Former Assistant Director of CIA, Joins Company as Advisor

Related posts

Mintable Now Supports NFT Transactions and Minting on the XRP Ledger

Fintech News Desk

OneStream Splash will Empower the Office of the CFO to Take Finance Further in a Complex Business Landscape

Business Wire

ELYFI Launches US Real Estate Investment Product

Fintech News Desk
1