What is Parapet?Using a unified approach, Parapet helps you manage your enterprise's risks, compliance, audit, health and safety in one place. Parapet enables you to develop a culture that is risk-aware and prepare for the worst-case scenarios. Parapet also helps the enterprise adopt technologies that improve decision making and performance.
Parapet enables users to identify, record and track risks conveniently from a central location with risk organization and categorization tools, a risk library, a risk/asset register, and risk management planning tools. Based on the risks and controls selected in the risk assessment, Parapet creates an automatic validation plan. Users can create or import controls to mitigate or reduce risks. Parapet provides a controls catalog for compliance requirements like ISO, PCI-DSS, NZISM, and more.
Auditing tools allow users to record the effectiveness of selected controls in the validation plan. Users can run and capture multiple audits internally or externally. Notifications and role-based permissions ensure authorized staff are informed on audit results immediately. Parapet creates remediation plans using risk or audit results. Users can track remediation tasks and their progress with automated and scheduled reports. Assurance plans enable users to monitor reoccurring controls for the entire business or per individual. Parapet integrates seamlessly with the user’s CMDB (configuration management database).