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.