CyRAACS was founded in August 2017 by Suresh Iyer and Murari Shanker and is headquartered in Bengaluru, Karnataka, India. The COMPASS platform brings together CyRAACS' services on a single platform covering GRC, compliance management, risk assessment, and security operations. CyRAACS provides end-to-end GRC services including independent audit services, compliance readiness and risk assessments, GRC consulting and advisory, third-party risk management, cloud security audits, and continuous improvement of governance and resilience programs. CyRAACS serves BFSI clients that operate GCCs in India, and its COMPASS platform is used by these GCCs for governance, risk management, and regulatory compliance.
The company is privately held and employs approximately 161 professionals with 200 plus consultants spanning information security, risk management, and compliance advisory. The platform features preloaded control libraries built on decades of consulting experience, AI-driven automation, and geo-diverse deployments supporting regional hosting requirements. The company serves BFSI, FinTech, insurance, capital markets, public sector, and digital-first enterprises. The company's CEO Suresh Iyer has over three decades of experience including CXO roles at Ocwen Financial, Altisource, and Aditya Birla Minacs.
CyRAACS has completed over 1,750 engagements for 700 plus clients across regulated industries. CyRAACS is a leading cybersecurity and risk advisory firm that has developed the COMPASS GRC automation platform, an award-winning AI-driven platform that simplifies and unifies compliance with global and regional standards including ISO 27001, NIST, SOC 2, GDPR, RBI IT GRC Master Directions, IRDAI Cyber Security Guidelines, SEBI CSCRF Guidelines, DPDPA, and PCI. CyRAACS is empanelled with CERT-In, accredited by CREST, and its team holds industry certifications including CISSP, CCSP, CISM, and CISA.
