Cyber Risk Assessment
Understanding your cyber risk is the cornerstone of any cyber security programme.
Talion's Cyber Risk Assessment (CRA) helps organisations with:
Prioritisation and alignment of security resources to business objectives
Informing a business case or security improvement programme
Demonstrating security return on investment (ROI)
Discover more in our datasheet.
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Cyber Risk Assessment
CHALLENGE
In this rapidly changing, interconnected world it is increasingly difficult for a business to understand the risks they are exposed to from cyber. The digital age has made data, IT credentials and intellectual property almost a currency in their own right, where the exchange rate is very good for the seller holding the keys, even where that ownership is through illegal means. Growing trends in external cyber-attacks, business interruption, ransomware incidents, regulatory exposure and even nation state-sponsored attacks make understanding your exposure to cyber ever-more important. Yet for many organisations, the question often asked is where do I start, and how do I make sense of the findings, with real actions that will improve my position.
SOLUTION
Our Cyber Risk Assessment (CRA) helps organisations to make better decisions about their cyber security programmes and practices. CRA helps organisations with:
• Prioritisation and alignment of security resources to business objectives
• Informing a business case or security improvement programme
• Demonstrating security return on investment (ROI)
Organisations must carefully and diligently assess the cyber risks posed to its technology, systems and data assets; this assessment should be as stringent as any other business risk it may face. Organisations must also assess their obligations to comply with regulatory and compliance requirements.
We use our experienced and independently certified cyber security practitioners, to help analyse and evaluate your cyber risk. We use open, and recognised guidelines and standards so our results are portable and comparable.
The CRA helps measure an organisation’s cyber risk by performing a series of consultative exercises including:
RISK TOLERANCE
We will conduct focused interviews with C-level, board, audit and risk leaders to clearly establish what the organisation’s cyber risk tolerance is.
To quantify risk the Risk Tolerance exercise will express the risk level or limit under which risk should be managed. For example, “as a business we are comfortable with a 10% probability of a £100k loss.”
This method of risk assessment allows the organisation to quantify the risk and once quantified the risk can be managed.
RISK IDENTIFICATION
Our consultants contribute to and use an open-source project called the Open Information Security Risk Universe. This project allows our consultants to ensure that we consider a full spectrum of risks and the events that they may lead to and have consequences for your organisation.
We will identify risk scenarios relevant to your business and communicate these scenarios in business-terms; we avoid the use of technical terms and vulnerabilities so that our findings can be understood at all levels of the organisation. By doing this you benefit from a structured approach to risk identification, that aligns and explains the context of the risk.
To discover more about how Talion can help you understand the risks to your business and enable you to make better cyber security decisions, download your complimentary copy of the datasheet on the form above.
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