Palo Alto, CA -- (SBWIRE) -- 10/05/2010 -- MetricStream Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced that Andrew Brorsen, a CPA and PMP certified practice leader, will join Vidyadhar Phalke, Chief Technology Officer at MetricStream, in a webinar on “The Benefits of IT Risk Management Automation”. The discussion will be moderated by Brandon Dunlap, Managing Director of Research at Brightfly.

About the webinar
With IT risks posing serious threats to data security, organizations are scrambling to affect a comprehensive risk management framework. Traditionally, risks were managed and analyzed using manual, paper-based procedures. But given the variety and complexity of IT risks today, the manual approach has proven to be inefficient because it requires tremendous investments, manpower, effort and time. Besides, it is prone to errors and therefore not entirely reliable.

On the other hand, an automated risk management process not only increases efficiency, but also helps to save on time and costs. In addition, it improves maturity scores by ensuring complete compliance with IT GRC frameworks such as COBIT and ISO 27002. On a larger level, automated risk management enhances returns on IT investments and allows organizations to focus on their core business.

The webinar is aimed at providing insights into how organizations can best establish an automated risk management approach.

Attendees will learn about:

* The importance of IT risk management
* Challenges of manual risk management processes
* Benefits of process automation
* Best practices to automate IT risk management

About the speakers
Brandon Dunlap, Managing Director of Research, Brightfly
Brandon Dunlap is the Managing Director of research at Brightfly. He has more than 15 years of experience managing business technology risk in large and small organizations. He has served in a variety of roles across heavily regulated industries, successfully leading all aspects of IT security programs, including policy and procedure management, oversight and control, strategy, architecture, development, and training. Currently, he is the Managing Director of Research of Brightfly, an independent, advisory and research firm that focuses on building a collaborative IT practitioner communities and bridging the gaps within information technology, security, risk, compliance, and audit disciplines.

Andrew Brorsen, a CPA and PMP certified practice leader
Andrew Brorsen is a CPA and PMP-certified Practice Leader with 15+ years experience as a senior-level Technology and Business Strategist with a solutions focus to delivering bottom-line savings to clients. He has proven his ability to customize a delivery approach to effectively service clients and strategically align resources to generate proven results. His areas of expertise include Identity Governance, IT Risk / Security, Regulatory Compliance, Business Analysis & Process, Audit, Accounting, and Project Management.

Vidyadhar Phalke, CTO, MetricStream
Vidyadhar Phalke is the Chief Technology Officer of MetricStream. Vidya is responsible for MetricStream's technical architecture, strategy, product management and engineering. Vidya has been instrumental in transforming the GRC Platform vision into an Industry Leading GRC Software Platform as recognized by MetricStream's World Class Enterprise customers as well as Leading Analysts. Prior to MetricStream, Vidya has held various Senior Product Management and Engineering positions in Bivio Networks, Narus and Network Programs where he has worked on leading security and IT risk management challenges for network appliances and software. Vidya has a PhD in Computer Science from Rutgers University and Management degree from MIT Sloan. He is a graduate of IIT, Delhi, India.

Join the webinar
Sponsored by MetricStream and conducted by the IT GRC Forum, the webinar is scheduled to take place at 11 AM Pacific Time (2 PM Eastern Time) on Wednesday, August 25, 2010. To register for the event, please click here:
http://www.itgrcforum.com/index.php?option=com_content&view=article&id=2315:benefits-of-it-risk-management-process-automation&catid=186:all-podcasts&Itemid=329

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, BP, Subway, Fairchild Semiconductor, Hitachi and TaylorMade-Adidas Golf in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.