Cyber Threats, Vulnerabilities and Risks

Helping you establish, operate and then enhance your Cyber response.

October 1, 2022

Simplifying and Navigating the complex world of Cyber Security.

Managing your Cyber Threats, Online Vulnerabilities and Risk treatment to ensure your organisation remains inside your risk appetite. Understanding the likelihood, the impact and the controls at your disposal are all key to ensure your organisation and the data under your control stays safe and available. Our security, technical and risks specialists can help you understand the complex space of cyber risks, structure your security programme, and then establish the governance and assurance to give you the confidence you need.

The Seven Steps to Cyber Resilience

The process all organisations should follow is consistent, regardless of the overall approach or methodology.

  1. Organisational Context. Think about what your organisation does and what it cares about,. abou the risks you would be willing to take with technology to achieve your goals and objectives will help you make decisions about the steps to take to manage cyber security risks. Consider what governance structure is in place to manage other types of business risks. Ensure that the organisation has adequate policies approved and owned by the board that outline an organisation-wide risk management strategy and that cybersecurity is considered in other organizational policies if fit.

  2. Identify where you need to apply cyber risk management, the range of technologies, systems, services and information your organisation uses and relies on to achieve its goals and priorities. Talking to people who use, manage, or are affected by the system or service will also give you useful insights into what you want to protect and why. Your systems, people, processes and technology and your approach to cyber risk management must take into account these different factors and how they interact with each othe

  3. Approach. The approach that's right for your organisation. There are many tools, methods, frameworks and standards to choose from – some mandated through standards or regulations. Different methods provide different perspectives on risk, Your organisation may need to use a range of methods and approaches to provide you with the best possible view of the risks you face.

  4. Understand the risks you face and how to manage them. Be sure to consider a wide variety of risk information and seek advice from experts or reliable sources to ensure your understanding is accurate.

  5. Communicate your Risks and their management effectively, so employees and decision makers understand how cyber security risks should be managed and help them make decisions about them. Make sure you communicate cyber risks consistently with the other types of risks.

  6. Controls. Apply and seek confidence in the controls you have chosen, and that the set of mitigating measures you have in place has effectively managed the risk you have identified. Consider how you will maintain that confidence when your systems are used in the future.

  7. Continuous Improvement of your approach to risk management: Risk management is an iterative process, with regular review to ensure that the controls and measures remain effective and appropriate. Understand the threats you face, when change occurs.

Cyber Risk Management Process

The key steps that the Cyber Risk Management Process will follow ;-

  • Identify the Threats, Your Vulnerabilities and the Risks to your business.
  • Analyse your risks to assess the Likelihood and Impact to your operations, your data, and your reputation.
  • Understand your Risk Appetite, and how those Risks should be treated.
  • Prioritise the response, and then
  • Treat, Tolerate, Terminate or Transfer : Apply Due Care to your Risks to ensure you invest efficiently to ensure your risks remain within your tolerance
  • Monitor, Review and Adjust as your Organisation develops.

Helping you to deliver Cyber Resilience

We can help you navigate that journey, provide experience and insight, and help focus on those activities that will meet your needs.

  • Building your processes to meet your Compliance , - Understanding your vulnerabilities and reducing your risks. - Technical Security Design to support Cloud First strategy - Design Build and Develop your Information Security Management System (ISO27k) - Policy and Procedures to meet your Compliance, Regulation and Assurance. - Cyber Risk Management and Risk Assessment including Risk Reviews - Establish your internal processes/procedures - Establish Governance/Assurance process, integrated into your Corporate Governance - Design your Cyber programme to mature your cyber risk position, - Establish technical, phycial and administrative controls - Deploy your security programme KPIs - Design your Security Operations response - Security Architecture - Security Programme Business Case - Manage your Compliance and accreditation - Understanding the threats to your organisation, its users, customers and growth.
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