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IT Governance Launches Upgraded ISO27001 Risk Assessment Tool

Press Releases - 25th May 2010

Ely, England, 25 May, 2010 – IT Governance (ITG), the one-stop shop for compliance expertise, is launching an upgraded version of its risk assessment software tool vsRisk, which helps organisations achieve ISO27001 compliance.

vsRisk is a wizard-based application that reduces the time and cost of undertaking an ISO27001-compliant risk assessment. The latest edition, v1.5, responds to international customer feedback with a range of new features that makes vsRisk even easier to use.

vsRisk simplifies each step of an ISO27001 risk assessment, allowing compliance project managers to capture their information security policy and objectives, plus the scope of their information security management system, and undertake a rapid appraisal of all key areas, including groups, assets and owners.

vsRisk’s in-built audit trail, comparative history, comprehensive reporting and gap analysis radically reduce the manual record keeping traditionally associated with risk assessments. The tool makes ISO27001 compliance achievable for a far wider range of organisations and professionals by minimising the need for specialist knowledge and significantly undercutting the cost of generalist risk management tools.

Uniquely, vsRisk can assess the confidentiality, integrity and availability for each of the business, legal and contractual aspects of information assets, as required by the ISO27001 standard.

vsRisk v1.5 introduces a range of new features that further simplify risk assessments. The tool can now record risk controls that are planned for future introduction, in addition to those already deployed. This functionality means that, as well as producing audit reports, vsRisk can serve as a day-to-day operational tool, showing at a glance where an organisation stands in its progress towards ISO27001 compliance.

The system’s usefulness is further enhanced through improved risk treatment plan filtering, which enables the user to select and view precisely the controls and assets he or she requires.

Keeping pace with user technology, vsRisk v1.5 is compatible with a wide range of operating systems, including Windows 7, Windows Vista and Windows XP, and can run on 64 bit machines.

As well as supporting ISO/IEC27001:2005 and ISO/IEC27002, vsRisk v1.5 complies with BS7799-3:2006, ISO/IEC27005, NIST SP 800-30 and the UK’s Risk Assessment Standard.

vsRisk is produced by Vigilant Software, the specialist software subsidiary of IT Governance.

Alan Calder, Chief Executive of IT Governance, says: “vsRisk has been widely embraced by those involved with ISO27001 because it eliminates so much of the cost and labour involved in risk assessments. This latest version responds to customer feedback with new features that make vsRisk an essential tool for project managers and consultants alike.”

vsRisk v1.5 may be purchased online from IT Governance for £995.00/US$1,484.91/ EUR1,094.33 by visiting