Increased digitalization and sophisticated cyberattacks in India are driving demand for domestic cybersecurity firms and stricter regulatory compliance.
With a philosophy to revolutionize cybersecurity management, CyRAACS was founded by Suresh Iyer and Murari Shanker. Drawing on 60+ years of combined experience in technology, security, and risk.
CyRAACS, accredited by CREST and empaneled with CERT-In, plays a crucial role in enhancing the cybersecurity resilience of organizations across diverse sectors, including Public Sector Units, Banks, FinTech, Insurance, Born-in-the-Cloud enterprises, and IT & ITES companies. As a trusted security partner, CyRAACS has effectively empowered numerous organizations within India’s BFSI sector, enabling the implementation of strong security frameworks, ensuring regulatory compliance, and enhancing risk management practices.
The Success Testament
Since its inception, CyRAACS has received several awards. Some of them include:
- ‘Top 10 Most Promising GRC Consultants’ in 2024.
- ‘Iconic Brands of the Year’ in 2024.
- ‘Cyber Security Innovator of the Year’ in 2023.
- ‘10 Most Promising Enterprise Risk Management and Compliance Services’ in 2023.
- ‘Cyber Security Innovator of the Year’
CyRAACS Services include:
- Governance, Risk, and Compliance (GRC).
- Compliance Readiness services for information security and privacy.
- vCISO Services – Platform Driven.
- Regulatory audits for banks, fintechs, and other organizations.
- Third-Party Risk Management.
- Cloud security.
- Managed VAPT Services.
CyRAACS caters to a diverse global clientele, including international clients across the US, Middle East, and Europe, ensuring compliance with regional regulations and industry-specific mandates. With expertise in international information security and privacy frameworks such as ISO 27001, NIST, GDPR, HIPAA, and PCI-DSS, CyRAACS helps organizations navigate complex regulatory landscapes while strengthening their cybersecurity posture.
The Visionary Leadership
CyRAACS owes its success to a robust core team comprising seasoned professionals with extensive experience in technology, information security, and risk management. This cohesive team ensures strategic alignment, fosters innovation, and maintains a strong company culture, enabling CyRAACS to deliver tailored cybersecurity solutions that seamlessly integrate into client environments.
*Suresh Iyer, Co-Founder and CEO
Suresh is a transformative leader with over three decades of experience in information technology, IT security, risk management, and privacy. His distinguished career includes CXO leadership roles at global organizations such as Ocwen Financials, Altisource, Aditya Birla Minacs, eFunds, and Bank of America, where he consistently delivered strategic value.
As a sought-after speaker and panelist at prominent industry and security forums, Suresh shares his deep expertise on the evolving threat landscape, cutting-edge technologies, and the intricacies of cloud computing, data center technologies, payment systems, IT solutions, and banking technologies. Known for his proactive approach, independent thinking, and unwavering focus on operational efficiencies, Suresh brings a wealth of experience and a proven track record of success to every engagement.
*Murari Shanker, Co-Founder and CTO
Murari is a multi-faceted and accomplished leader with over three decades of experience delivering exceptional results across diverse global corporations, including Concentrix, Altisource, Convergys, Mphasis, and IBM. His expertise spans critical areas such as Technology, Data Centers, and Information Security.
Throughout his career, Murari has consistently prioritized customer satisfaction, demonstrating a strong commitment to enhancing customer experience and transparency. His exceptional management skills, coupled with his ability to mentor and build high-performing, multicultural teams, have been instrumental in driving operational excellence, process efficiency, process automation, and improved profitability.
The CyRAACS Team of Industry Experts
For over seven years, CyRAACS has been a leading cybersecurity consultancy, empowering businesses to safeguard their digital assets. They’ve cultivated a deep understanding of the challenges organizations face navigating the complex cybersecurity landscape.
CyRAACS has a strong team of 200+ consultants specializing in tailored security solutions across various industries. The company has a proven track record, completing over 1,000 successful global projects. The team’s expertise encompasses information security, data privacy, risk management, and technology, as evidenced by its certifications, including CISSP, CCSP, CISM, CISA, CBCP, OSCP, CRTP, CEH, and ITIL. This experienced and agile team delivers exceptional, best-in-class cybersecurity solutions to a diverse clientele, ranging from tech companies to major retailers and fintech giants.
A Tech-Transformed Approach – COMPASS
Recognizing the limitations of traditional methods in the field of GRC, CyRAACS sought to revolutionize its approach. The company moved away from cumbersome Excel sheets and manual documentation processes, embracing automation to boost efficiency and deliver high-quality, tailored reports. This evolution not only streamlined its operations but also laid the groundwork for a transformative product.
After engaging with several clients and gathering invaluable insights, the team identified common pain points that hinder effective Governance, Risk Management, and Compliance (GRC).
In response, CyRAACS developed
COMPASS, A Cutting-Edge GRC Product
Unlike most GRC or cybersecurity products born from theoretical ideals, COMPASS emerges from the battle-tested expertise of CyRAACS, a firm with decades of cybersecurity consulting experience across 700+ clients, making it uniquely equipped to conquer the industry’s real-world shortcomings.
It is designed to provide a comprehensive, user-friendly solution.
COMPASS empowers organizations to seamlessly integrate risk management into their operations, enhancing visibility and decision-making. By automating critical processes and delivering actionable insights, COMPASS enables clients to focus on what matters most: Protecting Their Business and Driving Growth.
CISOs face a complex landscape of responsibilities, from assessing compliance posture to mitigating security risks and ensuring audit readiness. Understanding the immense value COMPASS could provide, CyRAACS made the strategic decision to offer it as a commercial product. COMPASS distinguishes itself with its platform-driven approach, providing a tailored solution for compliance-first organizations, particularly those in the BFSI sector. COMPASS streamlines the process, simplifies evidence collection, enables a unified GRC framework, and provides access to expert support, empowering organizations to proactively strengthen their security posture and build stakeholder trust.
Key Value Proposition of COMPASS
~Unified Compliance: COMPASS streamlines compliance by integrating multiple regulations, standards, and best practices into a single framework. It supports global standards like ISO 27001:2022, NIST 800-53, GDPR, SOC 2, CSA STAR, and regional regulations (RBI, IRDAI, SEBI, etc.).
~Continuous Compliance: Organizations can assign control owners, track compliance status in real-time, and stay audit-ready. This proactive approach ensures effective management and quick issue resolution.
~Integrated Risk Module: This module supports regulatory adherence, real-time risk monitoring, and impact-based resource prioritization. It standardizes risk assessments, improves audit readiness, and boosts stakeholder confidence.
~ Third-Party Risk Management (TPRM): The TPRM module streamlines third-party risk assessments, automates reporting, and supports compliance. It promotes transparency, strengthens vendor relationships, and ensures audit readiness with organized records.
Some of the accolades COMPASS has received include the following –
- ‘Most Innovative GRC Platform of the Year’ in 2024.
- ‘Best Innovative Compliance Assessment Product’ in 2024.