FTSE 100 Company puts information and customers first by investing in CYSPEX

FOR IMMEDIATE RELEASE

18th February 2013

StratexSystems announces that a FTSE 100 Company has invested in their StratexPoint Solution on Sharepoint to manage its cyber risk, support business objectives and provide information assurance to customers and shareholders.

StratexSystems, a provider of integrated strategy execution & risk management solutions, in conjunction with industry experts in cyber security and enterprise risk management, Templar Executives have released a unique and comprehensive cyber security application; designed for a FTSE 100 company to provide their senior executives and board with a holistic view of their organisational cyber security posture. 

The tailored solution is known as CYSPEX (Cyber Strategic Programme Execution) CYSPEX enables organisations to monitor and manage the delivery of their cyber strategy while managing and mitigating the organisation’s cyber risks in line with their risk appetite. Not only does this ensure organisational information is secure and managed through its lifecycle, it also means information is delivered in a timely, relevant and valued manner.

 

StratexSystems CEO and Founder, Andrew Smart said: “With its focus on enabling business objectives, the CYSPEX solution is an innovative collaboration which embeds leading Cyber Security and Risk Management expertise into a template solution that provides a roadmap for any organisation wishing to improve their approach to cyber security whilst remaining focused on delivering its business strategy. We are pleased the organisation recognises the value of this solution and am looking forward to working with them on this project.”

 

For more information please visit www.cyspex.com or follow them on twitter @CYSPEX.

 

Ends

 

Notes to Editor

To interview a spokesperson, please contact andrew.smart@stratexsystems.com

For more information about StratexSystems, please visit: www.stratexsystems.com

 

StratexSystems

91 Waterloo Road

London

SE1 8RT

+44 (0)207 921 0060

 

About StratexSystems

StratexSystems is one of the only software companies in the world to provide an integrated, Risk-based Performance solution powered by Microsoft's SharePoint platform.

Our goal is simple – to help businesses execute strategy while operating within their acceptable level of risk exposure.

Very few organisations are capable of obtaining a single enterprise-wide view of their performance and risk management information. Instead the tendency is to employ multiple tools that operate in silos; rarely communicate with one another; provide conflicting information; and contribute to poor decision-making.

We believe performance and risk are essentially different sides of the same coin.  To effectively manage either, they must be managed as an integrated process with a single, integrated solution. StratexSystems provides that solution. 

 

Some of the acitivities which are supported by our various solutions:

 

• Defining strategy maps & strategic objectives.
• Conducting risk and control self-assessments.
• Defining, managing and monitoring the initiatives and actions which make up the organisational change agenda.
• Managing and monitoring KPI's, KRI's & KCI's using organisational and personal dashboards.
• Defining Balanced Scorecards, with KPI's, initiatives and actions.
• Defining and managing key emerging risks using risk maps.
• Defining and monitoring Risk Appetite
• Calculating, managing and monitoring the alignment of risk exposure to appetite.
• Define and manage operational processes and systems, and monitoring their performance, risk and controls.

 

Do we have a right to be forgotten?

The European Commission’s proposal (Published 25^th January 2012) that individuals should have a legal right to be ‘forgotten’ online has got everyone thinking about how they use social networking sites and what, if possible, they would like the Internet to ‘forget’ about them.

But how many organisations think about how their staff members are using social networking sites? And to what extent does staff personal use of Facebook, Twitter, YouTube and LinkedIn affect the company?

Do you know how many of your employees use Twitter and what they say after a particularly challenging or interesting day at the office?

You may not let your staff access Facebook during working hours but that doesn’t mean that when they get home they’re not damaging your reputation or spilling corporate secrets to their hundreds of “friends”.  Social networking can make or break your company’s reputation; if used strategically and with guidance, social media provides a fantastic vehicle for developing staff networks, finding new leads, increasing knowledge and raising your organisation’s profile. In this new media age, what your customers and employees say about you on social networking is as important, if not more important than traditional advertising.

To make the most of the opportunities that social media presents, and to protect against negative use, guidelines are a must. Help your staff to help themselves and the organisation as a whole by putting in place some simple rules and policies, including:

• A social media policy, which flows from your overall Cyber Security Strategy
• Cover all angles and future possibilities with a ‘catch all’ clause for sites including Twitter, LinkedIn, Facebook, YouTube
• Establish a corporate policy for those that use your brand on media sites and for HR reasons
• Don’t forget to include personal use of social media in your policy, that ensures staff:
  • Do not talk about your customers, clients, partners or third party suppliers
  • Do not discuss staff or products in a negative manner
• Social media training for all staff and internal awareness campaigns
• Ensure that all staff know where they can access social media guidelines and that use is monitored

Whilst in 2012 social media is set to be one of the most rewarding public relations tools, it also has the potential to destroy your business: strategic cyber security reaps benefits. A series of simple boundaries and controls will not only protect your staff, but your organisation as a whole, whilst optimising the social media revolution. 

By Dr Jessica Barker, Templar Executives