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Cyber Risk Assessment

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overview

What is Cyber Risk Assessment?

Cyber Risk Assessment is the next level evolution in enterprise technology risk and security of organizations that increasingly rely on digital processes to run their business.

Acceptable Level of Loss Exposure

Adopting a risk assessment framework, predefined checklists and set of common practices is a form of implicit risk management and will not enable you to achieve a defined acceptable level of risk and become Incident Response Ready.

Achieving and Maintaining risk objectives

Define security objective, achieve security milestones and manage your cyber risk over time.

Cost Effective Risk Management

The responsibility of mature risk professionals is not simply to help their organizations to manage risk, but also to manage it cost-effectively.

We help organizations translate cyber risk from the technical into the economic language of business. Let’s get started

Solutions

What Cyber Assessment means for you

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    A Business Issue

    Cyber risk is not just a technology issue but a business issue.  Industry leaders have started realizing that cyber risk governance needs to be owned by the C-suite rather than by IT.

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    Quantification of Cyber Risk

    Our Cyber Risk framework defines the foundation for managing cyber risk across various business functions by providing the means to quantify the business impact of cyber risk. (quantifying the business impact or quantifying impact on business due to cyber risk.)

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    Business-Defined Risk Balance

    Help Executives understand the cyber risk profile of their digital operations from a business perspective and equips them with knowledge and decision-making framework.

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    Cyber Resiliency

    The ultimate objective of cyber risk assessment is to build cyber resiliency; where an organization’s systems  and operations are designed to prevent and detect cyber threats.

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    Risk Management

    Decisions that are related to risk governance i.e. what an organization actually gets in terms of risk is a function of execution within the context of those decisions

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    Feedback Loop

    Feedback on the conditions of asset-level controls, metrics related to threat intelligence and losses, and metrics regarding conditions that affect execution & root-cause analysis data.

Our Approach

The foundation required to achieve and maintain effective risk management is comprised of five elements.

  • Cost-effective risk management

    The program needs to meet the definition of risk management listed above.

  • Well-informed decisions

    Every decision involves a choice, and in order for those need to be well-informed in time.

  • Effective comparisons

    A decision-maker should be able to compare the options before him/her to make the most effective decision.

  • Meaningful measurements

    Well defined security metrics that help the decision makers drive and make business decisions.

  • Accurate models

    Present/Prepare/Execute accurate models of risk and of explicit risk management that can scale in real-life.

Building the Right Foundation for your organization’s security is vital. Let’s get started

By 2020, 60 percent of digital businesses will suffer major service failures due to the inability of the IT security team to manage the ever-evolving digital landscape

Paul Proctor, Senior Analyst – The Gartner Group