StockNews.AI
QLYS
StockNews.AI
117 days

Qualys Unveils Policy Audit with Enhanced Efficiency for Continuous Audit Readiness

1. Qualys introduced Policy Audit to streamline compliance and reduce costs. 2. Automated processes cut audit prep time and ensure continuous audit readiness. 3. The solution mitigates risks linked to compliance and data privacy effectively. 4. Audit Fix will help proactively repair audit findings before compliance issues arise. 5. Qualys aims to enhance operational efficiency for organizations facing multiple mandates.

10m saved
Insight
Article

FAQ

Why Bullish?

The launch of Policy Audit indicates strong growth potential by addressing rising market compliance needs. Historically, product innovations have positively influenced QLYS stock price during similar market conditions.

How important is it?

The article's contents relate directly to QLYS's core product offerings and market strategy. Given the importance of compliance in the current regulatory environment, this enhances QLYS's value proposition.

Why Short Term?

Immediate implementation in Q2 suggests quick market impact and revenue generation avenues. Recent customer engagement shows increasing demand for compliance solutions.

Related Companies

Enhancements streamline evidence collection, prioritize risk-based remediation, and ensure continuous audit readiness, helping organizations reduce compliance costs and regulatory exposure, /PRNewswire/ -- Qualys, Inc. (NASDAQ: QLYS), a leading provider of disruptive cloud-based IT, security and compliance solutions, today announced Policy Audit, an enhancement to its policy compliance solution. This update revolutionizes the audit journey through automated efficiencies that drastically cut manual audit preparation time, speed remediation, and ensure organizations remain audit ready at all times. Automate Compliance. Eliminate Audit Chaos. | Qualys Policy Audit Qualys Policy Audit: Dashboard showing audit readiness for NIST 800-53 Rev5 Enterprises are grappling with an increasing compliance burden, with nearly 70%* of service organizations subject to at least six frameworks or more regulatory mandates that stretch resources and drive-up costs. Misconfigurations further complicate compliance, often leading to non-compliance and regulatory penalties. Time-consuming tasks like auditing, reporting, and system remediation are prone to human error, underscoring the urgent need for a more efficient, automated approach to managing compliance challenges. "Integrating Qualys Policy Audit into our workflows has transformed how we manage compliance. The seamless collaboration between teams, combined with real-time visibility across multiple mandates, has streamlined our operations and enabled proactive risk management. It's a game-changer for audit readiness," noted Sandeep Khanna, CISO at UIDAI (Unique Identification Authority of India). Qualys Policy Audit helps organizations avoid security breaches and audit failures by automatically mapping evidence to frameworks like PCI DSS 4.0, DORA, NIST, CMMC and FedRAMP. It includes comprehensive coverage across 450 technologies, over 1,000 out-of-the-box policies and more than 90 frameworks, ensuring continuous compliance and audit readiness while minimizing the risk of audit failures. Policy Audit delivers:    Continuous Audit Readiness: Policy Compliance automates continuous evidence collection, minimizes human error, and helps monitor audit gaps with a real-time view of organizations' compliance posture. By reducing audit failure rate by up to 95%, it helps organizations proactively mitigate the risk of fines and penalties, and ensures they are always audit ready. Reduced Risk Exposure: Policy Audit leverages Qualys TruRisk to automatically map compliance and data privacy risks. It also identifies and prioritizes critical misconfigurations based on business impact and asset and threat exposure to show which failures matter most, where they're most widespread, and how they impact multiple mandates. This enables organizations to prioritize fixes based on risk.   Streamlined Audit Operations: Automated ITSM workflows bridge siloed teams, ensuring the correct information reaches the right people quickly. Seamless integration with GRC tools enhances visibility and streamlines compliance tracking and risk management, while automated remediation workflows speed remediation efforts and reduce breach exposure. Audit-Ready Reporting: Multiple reports are automatically generated from a single data collection, leveraging 90+ pre-mapped mandates to easily monitor compliance trends risk levels and mandate adherence. These customizable audit-ready reports for executives and stakeholders streamline on-demand audits and ensure compliance and reduce audit costs by 50%. "Organizations are facing a growing number of mandates, and audit readiness is more critical than ever. Yet many struggle with complex regulations, limited staff, tight budgets, and manual processes—making compliance costly and error-prone," said Sumedh Thakar, president and CEO of Qualys. "Policy Audit transforms audits from a source of stress into a streamlined, automated process that empowers teams to do more while keeping the organization continuously audit ready."Introducing Audit FixTo further mitigate breach exposure, Qualys is also introducing Audit Fix as an optional but powerful addition to Policy Audit. Audit Fix allows users to proactively repair audit findings before they escalate into compliance issues using a library of pre-defined, out-of-the-box scripts and golden policies that integrate into CI/CD pipelines. Customizable remediation workflows integrated into Policy Audit help to significantly reduce breach exposure and accelerate continuous compliance.AvailabilityQualys Policy Audit will be available in Q2. For a 30-day trial, visit qualys.com/forms/policy-audit or to learn more, read our blog, "Qualys Policy Audit, the New Standard for Audit Readiness", or attend our Policy Audit webinar.Additional Resources   Read our blog post, "Qualys Policy Audit, the New Standard for Audit Readiness" Watch the Policy Audit video Sign up for a free trial of Qualys Policy Audit Follow Qualys on LinkedIn and X About Qualys   Qualys, Inc. (NASDAQ: QLYS) is a leading provider of disruptive cloud-based security, compliance and IT solutions with more than 10,000 subscription customers worldwide, including a majority of the Forbes Global 100 and Fortune 100. Qualys helps organizations streamline and automate their security and compliance solutions onto a single platform for greater agility, better business outcomes, and substantial cost savings.The Qualys Enterprise TruRisk Platform leverages a single agent to continuously deliver critical security intelligence while enabling enterprises to automate the full spectrum of vulnerability detection, compliance, and protection for IT systems, workloads and web applications across on premises, endpoints, servers, public and private clouds, containers, and mobile devices. Founded in 1999 as one of the first SaaS security companies, Qualys has strategic partnerships and seamlessly integrates its vulnerability management capabilities into security offerings from cloud service providers, including Oracle Cloud Infrastructure, Amazon Web Services, the Google Cloud Platform and Microsoft Azure, along with a number of leading managed service providers and global consulting organizations. For more information, please visit http://www.qualys.com.* Shnider, A. Compliance Digital Transformation Report, Coalfire. Available at: https://coalfire.com/insights/resources/reports/compliance-in-the-era-of-digital-transformation-fr.Qualys, Qualys VMDR®, Qualys TruRisk and the Qualys logo are proprietary trademarks of Qualys, Inc. All other products or names may be trademarks of their respective companies. Media Contact:   Rachel Yap Winship Qualys[email protected]  SOURCE Qualys, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News