Take a root cause approach
LogicManager’s global risk scoring criteria takes a root cause approach, fostering consistency on how you evaluate risks across your organization. This makes cross-departmental communication more effective and helps uncover systemic problems.
Identify areas for improvement
Based on the inherent and residual risk scores determined by your risk assessment, identify other areas that need to be improved. Do business continuity plans need to be updated? Are customer communication plans underdeveloped? How protected is your system? These insights help you continually improve your business.
Save time, money and resources
E-banking helps lower operating costs associated with in-person banking, but using an automated system like LogicManager to streamline your e-banking processes helps you reallocate resources more effectively, enabling you to save even more over time.