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Information Risk Modeling Firm myC.R.O. Solutions Launches myC.R.O. Technology Risk Modeling Tool

Posted by Media Relations on Thursday, February 10th, 2005 - Comments »

Offers Only Quantitative Method to Measure, Manage Technology RiskMINNEAPOLIS – February 10, 2005myC.R.O. Solutions, a firm dedicated to improving the way businesses manage technology risk, today launched myC.R.O., the only quantitative information risk modeling tool which provides a predictive view of technology risk based upon a network’s core software.myC.R.O. helps CEO’s, CIO’s and Security Officers to stop managing technology risk in a reactive mode, and start managing a predictive risk environment.Beyond the current threat management paradigm, myC.R.O. interrogates the structure of a network and assesses the inherent risk based on a multi-dimensional analysis of the fundamental components of the network, providing clients with understanding of the flaws and weaknesses that exist over and above known vulnerabilities..Using a consistent and repeatable process, myC.R.O. provides the referential integrity necessary to help clients understand the performance their security investments are having over time.myC.R.O. is the perfect risk modeling solution for businesses attempting to address HIPAA SOX and other compliance regulations. Subscribing to myC.R.O. over time establishes both a baseline performance indicator and relevant performance metrics that demonstrate ongoing governance effectiveness.”One of our healthcare clients is currently undergoing a HIPPA audit and they’ve been told they have 72 items to execute,” said KoniKaye Jeschke, myC.R.O. CEO. “With the myC.R.O. modeling capability, the client is able to model the impact that each of these 72 tasks will have on the healthcare organization’s risk. With these visual risk models, the executive team will be able to make more informed risk management decisions than they are currently able to.””myC.R.O. gives us a tool to gauge our internal security risk,” said Paul Iverson, First Minnesota Bank CIO and Risk Security Officer. “it also helps us identify necessary system changes which can improve security audits”.Because myC.R.O. provides a consistent, repeatable and measurable approach to evaluating technology risk, executives, auditors and IT professionals now share a common tool that enables them to know they are making the right technology risk funding and implementation decisions over a sustained period of time.Learn more about myC.R.O. Solutions at www.myCROSolutions.com or call 763-377-3241.About myC.R.O. SolutionsmyC.R.O. Solutions is dedicated to applying process maturity and quality assurance principles to technology risk management, planning and implementation. KoniKaye Jeschke, president and ceo, was recently awarded the Finance-Commerce 2004 Innovator Of The Year award for development of myC.R.O., a breakthrough approach to quantifiably modeling business technology risk.###

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