List of the Top 18 Free IT Risk Management Software in 2025

Portnox is a provider of Network Access Control (NAC) solutions, which fall under the broader category of cybersecurity, particularly focusing on network security. This technology empowers organizations to implement tailored policies governing the conditions under which endpoints, such as desktops, laptops, and smartphones, can connect to their corporate networks. NAC serves to enhance the visibility of IT security teams, allowing them to identify each device attempting to access the network, as well as to determine the specific type of device and the access method being utilized, whether through Wi-Fi, wired connections, or VPN. By leveraging NAC, organizations can bolster their overall security posture and ensure that only compliant devices gain network access. This capability is crucial in today’s digital landscape, where the threat landscape is constantly evolving.

The Cloudnosys SaaS platform offers robust protection for your cloud infrastructure, safeguarding against vulnerabilities while ensuring comprehensive visibility, control, and compliance within AWS and Azure environments. By leveraging machine data and contextual analysis, it delivers a unified perspective on potential threats, facilitating adherence to public cloud security standards. With EagleEye, the platform not only identifies but also dynamically addresses and rectifies issues in your cloud setup, aligning with best practice standards to maintain compliance. Users can achieve global oversight and management of all security threats, vulnerabilities, and configurations, mitigating risks such as data loss, configuration drift, and unauthorized access. Furthermore, the platform enhances compliance monitoring and simplifies audit management and reporting processes. It encompasses a wide array of regulations, including HIPAA, PCI, GDPR, ISO27001, NIST, and CIS, among others. Ultimately, Cloudnosys empowers you to confidently manage your cloud environment by allowing the enforcement of both standard and custom policies tailored for all users, accounts, regions, projects, and virtual networks, ensuring security remains a top priority. With this comprehensive approach, organizations can navigate the complexities of cloud security with greater assurance.

Segmantics meticulously manages complex digital operations by ensuring that every task is recognized and assessed for potential risks. It oversees the complete lifecycle of business processes, including the design, development, and testing of digital assets, all while emphasizing security. The system boasts an extensive library of security best practices that seamlessly incorporate expertise into its operational procedures. As a result, governance and workflows are designed to achieve high-quality outcomes through structured thought, detailed analysis, and collaborative efforts. This approach ultimately results in the development of secure and robust digital products and services. The Segmantics application equips users with critical tools and workflows for assessing security and privacy in both ongoing operations and change initiatives. Among its capabilities is adherence to GDPR, which strengthens consumer rights and imposes new responsibilities on businesses, including data mapping, policy development, reporting mandates, and breach notifications. Moreover, it facilitates the application of NIST best practice evaluations and vulnerability data, empowering organizations to quickly adopt new technologies and leverage their advantages. By promoting a culture of continuous improvement, Segmantics not only responds to regulatory requirements but also significantly boosts overall operational effectiveness, ensuring a proactive approach to security and innovation. This commitment to excellence positions Segmantics as a leader in the digital landscape, driving sustainable growth and resilience.

Netwrix Strongpoint serves as an intelligent solution that streamlines the challenging aspects of SOX compliance and audit reporting for organizations. In addition, it facilitates access reviews, upholds segregation of duties, and enhances data security measures. Furthermore, Strongpoint integrates seamlessly with platforms like NetSuite, Salesforce, and various other software applications. Clients utilizing Strongpoint can generate audit reports at their convenience, equipped with stringent controls that monitor and safeguard relevant data. This functionality significantly cuts down the time and expenses associated with preparing for SOX compliance. Organizations can benefit from sophisticated impact analysis tools to efficiently identify what changes can be made without requiring further scrutiny. Even if an organization is not obligated to adhere to SOX regulations, Netwrix Strongpoint offers award-winning solutions for data security, configuration management, and change management, empowering businesses to effectively manage complex operational systems while ensuring transparency and safeguarding their critical applications against potential security threats. This makes it an invaluable resource for any business aiming to enhance its operational integrity.

Efficient data protection management is essential for every organization. The process of adhering to GDPR regulations can often seem overwhelming and complicated. Fortunately, ECOMPLY.io's Data Protection Management System streamlines this journey, allowing small and medium-sized businesses to comply with both GDPR and local data privacy regulations without needing external consultants. You can try ECOMPLY.io for free to see how it transforms the typically convoluted path of GDPR compliance into a more accessible experience for your company. The platform provides a comprehensive guide through each requirement, offering detailed instructions and timely reminders for your data protection obligations. Moreover, ECOMPLY.io keeps you informed about your compliance progress while assisting you in efficiently managing your Records of Processing Activities. With just one click, you can generate valid and current GDPR documentation, simplifying your interactions with regulatory authorities and facilitating audits. By addressing all facets of GDPR, ECOMPLY.io guarantees that you stay compliant and well-informed throughout the entire process. Embracing this innovative tool can significantly improve your organization's data protection strategy, ultimately fostering trust and reliability with your clients. In a world where data privacy is paramount, having such a resource at your disposal is invaluable.

Clym serves as a cost-effective compliance solution that is not only user-friendly but also visually engaging, providing businesses with immediate protection. The platform enables users to manage cookie consent, handle data subject requests, and respond to inquiries regarding "do not sell my private information," ensuring alignment with global regulations such as GDPR, CCPA, and LGPD. Designed as an all-encompassing tool, Clym effectively addresses international privacy requirements. It functions as a thorough data privacy resource that supports organizations in meeting their data protection obligations. Within its secure and adaptable framework, Clym efficiently oversees cookies, consent, requests, policies, and additional elements. This platform empowers businesses to collect, manage, and monitor pertinent data transparently. Clym encompasses six fundamental compliance domains, which include data consent management, cookie consent management, oversight of company and DPO data, management of terms, policies, agreements and processes, handling data subjects' requests, localization, and issuing consent receipts. By providing an extensive array of features, Clym greatly accelerates the path to achieving data privacy compliance. This comprehensive strategy not only simplifies the complexities of data protection but also instills confidence in businesses as they navigate the regulatory landscape. As such, Clym stands out as an essential partner for organizations striving for compliance in an ever-evolving digital world.

SecurityScorecard has positioned itself as a leader in cybersecurity risk evaluation. By accessing our latest materials, you can gain insights into the changing dynamics of cybersecurity risk assessments. Explore the core principles, methodologies, and procedures that shape our cybersecurity ratings. For a thorough understanding of our security rating framework, don’t forget to check the data sheet provided. You can easily claim, enhance, and monitor your customized scorecard at no charge, which helps in pinpointing weaknesses and crafting improvement strategies over time. Start your journey by creating a free account and receive personalized enhancement recommendations tailored to your needs. Through our detailed security ratings, you can gain a complete view of any organization's cybersecurity posture. Additionally, these ratings serve multiple purposes, including risk and compliance monitoring, conducting due diligence for mergers and acquisitions, evaluating cyber insurance, enriching data, and providing high-level executive reporting. This comprehensive strategy equips organizations to stay proactive and resilient in the constantly changing world of cybersecurity threats. Ultimately, embracing this approach fosters a culture of continuous improvement and vigilance in managing cybersecurity risks.

A software solution designed to assist organizations in recognizing, averting, and managing the risks associated with money laundering and terrorist financing is the Pirani AML Suite. This suite enables the segmentation of clients based on shared transactional patterns and actively monitors activities that might raise suspicion. Furthermore, it provides the capability to detect fraud or money laundering instantaneously by scrutinizing every financial transaction across various channels. Organizations can remain vulnerable to money laundering and terrorist financing even with existing controls in place, making it crucial to evaluate your measures. We invite you to schedule a demonstration of our solution to discover how we can support your compliance needs. Adhering to regulations and directives related to a risk management system for LAFT is essential. To ensure the accuracy of the data, clients must first recognize the relevant information, which can then be viewed on a single interface for comprehensive analysis of alerts. This streamlined approach enhances the decision-making process by providing clear insights into potential risks.

Quantum is a cutting-edge platform designed for cyber risk quantification (CRQ), providing a variety of tools and services that assist organizations in understanding the implications of cyber risk on their business operations. Aimed at CISOs, Chief Risk Officers, and board members, Quantum enables users to assess the effectiveness of their current cybersecurity measures and weigh the potential advantages of future risk-reduction investments. Additionally, the platform fosters the creation of strong risk transfer strategies, which can result in better terms for cyber insurance policies. Users can utilize the security control ROI calculator to better understand the financial benefits that come from improving their cybersecurity practices. By translating cyber risk into financial metrics, Quantum empowers boards and executives to make informed decisions, prioritize cybersecurity investments, and demonstrate the business impact of these expenses in terms of risk mitigation. Moreover, organizations can assess the return on investment (ROI) of their cybersecurity initiatives and perform stress tests based on different risk management strategies, ultimately leading to more effective allocation of resources and improved strategic planning. With Quantum, businesses can take a proactive stance on cyber risk management while ensuring their cybersecurity expenditures are aligned with their broader organizational objectives. This comprehensive approach not only bolsters a company’s security posture but also enhances overall resilience against cyber threats.

The SmartProfiler assessment for Office 365 serves as an automated tool designed to improve the health and security of your Microsoft Office 365 ecosystem by performing in-depth evaluations of health and risk factors. It complies with CIS workbench controls and incorporates additional assessments developed by Office 365 experts. Established with the mission of strengthening cyber defenses, the Center for Internet Security is a nonprofit organization that partners with cybersecurity and IT professionals from diverse sectors globally. This organization is committed to identifying, formulating, validating, and advocating best practice solutions for safeguarding digital environments. Their standards and guidelines, including CIS benchmarks and controls, are produced through a consensus-based methodology. SmartProfiler is specifically designed to be in line with CIS standards relevant for evaluations in both Office 365 and Azure, thus enabling organizations to effectively assess and improve their security posture on these platforms. By utilizing this all-encompassing assessment tool, businesses can take proactive measures to mitigate vulnerabilities and enhance their overall cybersecurity frameworks. Furthermore, this proactive approach not only protects sensitive data but also fosters trust among clients and stakeholders.

Don't let the multitude of vulnerability alerts from your security systems overwhelm you any longer. Instead, consolidate data from your cloud environments, on-premises infrastructures, and custom applications while integrating insights from your security tools to effectively assess the strength of your controls and maintain the operational integrity of your entire IT ecosystem. It’s crucial to align control assurance with business impacts to prioritize which vulnerabilities require immediate attention. Utilize AI and automated APIs to refine and expedite risk assessments across first-party, third-party, and nth-party situations, ensuring a thorough evaluation process. Automate document analysis to gain contextual and reliable insights that can inform your decisions. Regularly perform comprehensive risk assessments on all internal and external applications to minimize the risks associated with relying on sporadic evaluations. Transform your risk register from a static manual spreadsheet into a dynamic framework for predictive risk assessments, and continuously monitor and forecast your risks in real-time. This approach enables IT risk quantification that clearly demonstrates financial consequences to stakeholders, allowing for a shift from merely managing risks to actively preventing them. By adopting this forward-thinking methodology, you not only enhance your security posture but also ensure that risk management is closely integrated with your organization's overarching business goals, fostering a culture of continuous improvement and vigilance.

Contego serves as a robust software solution that meticulously manages every aspect of your operations in a cohesive manner. By fostering communication among various systems, it eradicates the necessity for duplicative data entry across multiple platforms. As a platform built for collaboration, Contego boosts efficiency across the entire organization. Its benefits include the streamlined management of staff, equipment, operational issues, and pertinent documentation all within one centralized location. With a singular dataset, information can be examined comprehensively while remaining relevant to day-to-day operations. This enhances informed and proactive decision-making for leadership, ultimately resulting in better business outcomes and promoting ongoing improvement within the organization. The heightened accountability and transparency throughout the company play a crucial role in enhancing governance at all levels. Furthermore, by integrating data from different platforms, Contego proves vital for achieving peak operational efficiency, guaranteeing that every department collaborates effectively toward shared objectives. This ensures that every team member is aligned and working synergistically, which is essential for long-term success.

Zeva boasts an intuitive interface and utilizes Microsoft’s Azure Cloud to provide a reliable and secure hosting environment for a diverse range of organizations, from small teams with under 10 users to vast global corporations with more than 10,000 employees. The core benefit that ZEVA offers lies in its ability to develop and manage an unlimited number of customized assessments, enabling decision-makers and management to access real-time data and analytics from virtually any location worldwide. With centralized secure hosting, superior reporting capabilities, and real-time dashboards, organizations can proactively address risks and maintain compliance effectively. Any identified issues marked as “Findings” can be swiftly assigned corrective actions, ensuring that necessary remediations are carried out in a timely fashion. Designed by the CodeLynx team, the ZEVA platform caters to the evolving evaluation requirements of both commercial and governmental organizations of all sizes. This cutting-edge solution not only simplifies the assessment process but also empowers users to make data-driven decisions that enhance organizational performance. Ultimately, ZEVA serves as a strategic tool for fostering growth and innovation within any organization.

Citicus ONE software is available via our basic and premium hosted services, providing a viable option compared to conventional in-house setups. With the basic hosted service, users can quickly access the software without the requirement for additional internal infrastructure. Conversely, the premium hosted service offers a tailored solution, enabling users to specify the desired service level and integrate it with their corporate intranet, such as through a Virtual Private Network (VPN). If needed, organizations can later shift from a hosted implementation to a traditional in-house setup. Our hosted options are relied upon by companies that emphasize robust security measures and have successfully passed thorough independent assessments to verify their dependability and safety. Additionally, the versatility of these deployment options addresses the various demands of businesses operating in today's rapidly evolving landscape, ensuring they remain competitive and efficient. This adaptability is crucial for organizations looking to optimize their operations while maintaining security and performance.

Isora GRC enhances the process of conducting IT Risk Assessments with ease. By utilizing Isora GRC, you can efficiently carry out IT Risk Assessments using a robust and user-friendly survey tool. The platform enables the creation of self-assessment questions tailored for various departments, personnel, and facilities. You can take advantage of our extensive library of preloaded questionnaires, including those based on NIST, HIPAA, and GLBA standards, to facilitate your assessments. Additionally, there is the option to design or upload your own customized questionnaires. To refine your surveys, you have the capability to adjust question weights, permit partial credits, implement conditional gating for questions, or introduce specific question logic. The collected qualitative and quantitative survey data can be automatically scored and aggregated for comprehensive analysis. Users can generate dynamic risk reports, with the risk map serving as a valuable tool to pinpoint high-risk areas within the organization. Furthermore, the trend graph provides insights into how risk scores evolve over time, allowing for effective monitoring. To enhance data usability, the RESTful API makes it simple to export raw data into analytics platforms like Microsoft PowerBI, ensuring that organizations can leverage their risk assessment data effectively. This comprehensive approach not only simplifies the assessment process but also empowers organizations to make informed decisions based on their risk profiles.

Interfacing's Digital Business Platform employs flow technology to depict tasks and workflows through visual diagrams, emphasizing the individuals executing these tasks along with their assigned roles. This platform serves as a comprehensive solution for organizations aiming to enhance, disseminate, and develop processes from a singular centralized repository. By integrating business rules at any point in the workflow, companies can automate tasks and reduce the need for manual intervention. Additionally, it facilitates the tracking of progress and the generation of status reports at each phase, ensuring accurate performance assessment and seamless interaction between manual efforts and automated systems. Moreover, the synergy between our Digital Business Platform and EPC system is designed to significantly bolster collaboration between IT operations and development teams, streamline testing procedures, automate workflows, and yield substantial financial advantages. Lastly, Interfacing's digital platform, which includes Rapid Application Development (RAD) tools and a Low-Code Development approach, aims to optimize the utilization of your technical resources effectively.

Vyapin Microsoft 365 Reports emerges as a premier tool for reporting and analytics, specifically designed to address the administration, governance, and planning requirements of Office 365. The Vyapin Exchange Online Reporting tool offers comprehensive insights into multiple facets of your Office 365 setup, such as user accounts, groups, mailbox settings, security protocols, usage metrics, folders, contacts, emails, and public folders. This reporting utility equips you with vital information regarding mailboxes and emails, empowering you to efficiently oversee and enhance the utilization of Exchange Online. When it comes to license reporting and usage evaluation for Office 365, user accounts usually require license assignments that align with their specific job functions. The standard Microsoft Office 365 portal is inadequate because it mandates individual license assignments rather than facilitating group assignments. Consequently, after you have assigned licenses, it becomes essential to have a system that allows you to analyze the distribution of Office 365 licenses within your organization, employing various criteria to differentiate between active and inactive licenses, which can significantly boost your resource management approach. By utilizing Vyapin's solutions, you can greatly optimize your Office 365 administration tasks and elevate overall operational effectiveness. Furthermore, this tool not only enhances reporting capabilities but also contributes to informed decision-making that aligns with your organizational goals.

Our Quantitative Risk Assessment tool empowers you to assess risks by measuring their genuine effects on your business, thereby improving resource allocation and protecting your organization's future. Upgrade your standard IT risk management processes through an AI-powered IT risk analyst that aids in prioritizing, evaluating, and documenting various risk scenarios. We support cyber risk managers in driving growth by effectively aligning your business objectives with your risk tolerance. Our approach ensures clear and efficient risk communication throughout your organization, fostering a collaborative environment that encourages teamwork and unity among different teams. Let our AI handle intricate tasks on your behalf. We meticulously integrate and analyze your data in advance, providing you with actionable insights that allow you to focus on your most pressing priorities. This strategy promotes swift responses to urgent incidents, helping to avert potential losses before they occur, while confidently propelling your organization’s goals forward. Additionally, our dedication to ongoing enhancement guarantees that your risk management strategies adapt and evolve in response to industry shifts and emerging threats, ensuring long-term resilience. In this way, we not only safeguard your organization’s assets but also cultivate a proactive culture of risk awareness and management across all levels.