Risk management solutions must be more than just compliance checkboxes.
Traditional Enterprise Risk Management (ERM) platforms like Protecht offer broad capabilities, but when it comes to cybersecurity, a more specialized, automated, and intelligent approach is needed. That’s where MyRISK stands out.
Protecht is a well-established ERM platform designed to manage a wide variety of enterprise risks, from compliance to operational risk. While it includes a cybersecurity module, its focus remains on general risk management. MyRISK HyperGRC, on the other hand, was built specifically for cybersecurity governance, risk, and compliance (GRC). This singular focus means:
- Smarter Cyber Risk Management – MyRISK leverages AI-driven automation to identify security gaps, quantify risk, and recommend remediation strategies. Protecht relies more on traditional, manual risk assessments that require significant input from risk managers.
- Deep Cybersecurity Expertise – While Protecht is strong in enterprise-wide governance, MyRISK’s foundation is built on modern cyber risk principles, ensuring that organizations stay ahead of threats rather than just reacting to them.
- Real-Time Cyber Resilience – Cyber risks evolve rapidly, and MyRISK continuously adapts through continuous control monitoring, AI-based threat analysis, and real-time risk quantification.
Key Differences: MyRISK vs. Protecht
1. Cyber-First vs. Generalized Risk Approach
Protecht offers a broad ERM system that integrates cybersecurity as just one component. MyRISK is built from the ground up to address cybersecurity threats, compliance, and risk management, providing dedicated cyber capabilities such as:
- Continuous Control Monitoring – Automated tracking of frameworks like NIST, ISO 27001, and GDPR.
2. AI-Driven Automation vs. Manual
MyRISK is designed for hyper-automation, reducing the need for manual data entry and analysis. Our AI-driven engine:
- Automatically maps security controls to regulations and frameworks.
- Identifies gaps and prioritizes remediation actions.
Protecht, while a powerful ERM platform, still relies on manual configuration, making it less adaptable to rapidly evolving cybersecurity threats.
3. Multi-Tenant SaaS vs. Traditional Deployment
Protecht is typically deployed as a single-tenant system, requiring configuration for each organization. MyRISK is a multi-tenant, cloud-native SaaS platform, allowing companies, MSSPs, and consulting firms to manage multiple clients or subsidiaries under a single environment. This flexibility makes MyRISK ideal for:
- Cybersecurity service providers managing risk across multiple organizations.
- Enterprises with complex, multi-entity structures.
- Organizations that require fast, scalable deployment with continuous updates.
4. Cyber Risk Quantification vs. Standard Risk Scoring
Risk quantification is critical for board-level decision-making. MyRISK enables organizations to translate cyber risks into financial terms, showing exactly how a vulnerability or security gap could impact business operations and bottom-line revenue.
Protecht provides risk matrices and heat maps but lacks the deep financial modeling and quantification that MyRISK delivers. Our platform allows companies to:
- Conduct what-if scenario analysis to see the financial impact of different risk mitigation strategies.
- Justify cybersecurity investments with clear ROI calculations.
- Prioritize risk remediation based on actual business impact.
Why Organizations Are Choosing MyRISK
✅ A cyber-specific focus – Unlike Protecht’s broad ERM approach, MyRISK is built exclusively for cybersecurity professionals.
✅ Automated intelligence – AI-driven insights eliminate guesswork and speed up decision-making.
✅ Scalability & flexibility – Multi-tenant cloud architecture enables easy deployment and management at scale.
✅ Business-aligned risk quantification – Helping CISOs communicate risk in terms that executives understand.
As cyber threats continue to evolve, organizations must choose a risk management platform that is agile, automated, and built for cybersecurity. Protecht offers a solid foundation for general risk management, but when it comes to cutting-edge cyber risk resilience, MyRISK is the future.
Are you ready to transform your cybersecurity risk strategy?
Contact MyRISK today to see how we can help you stay ahead of cyber threats and compliance challenges.