Some common challenges faced by organizations include
- Inadequate identification of risks.
- Vulnerability and risk correlation to determine indirect risks or risk elevation.
Solution Approach
- Cyber risk strategy aligned with enterprise and operational risk management.
- Risk identification and evaluation by assessing threats, vulnerabilities of processes, and system interdependencies.
- Assessment of risks across business functions, services, and IT assets.
- Risk scoring and ranking based on quantitative and qualitative methods.
- Risk communication to relevant stakeholders and assign risk mitigation ownership.
- Risk treatment status, progress tracking, and reporting.