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TECHNICAL RISK ASSESSMENT SERVICE

Effective information risk management is critical for any organisation. With ever-changing threats and regulations, many of our clients are looking for cost effective approach to managing their risks, and without being so restrictive that it hinders their day to day operations.  Risk assessment is an immensely valuable skill that helps to ensure the development of appropriate requirements, policy and controls. The risk assessment process identifies, analyses and evaluates risk, and ensures that the cyber security controls you choose are appropriate to the risks your organisation faces. Conducting a risk assessment can be a complicated undertaking, especially for organisations that don’t know what standard to measure their efforts against.

OUR TECHNICAL RISK ASSESSMENT SERVICE

Our team of qualified security advisers will provide business-driven consultation on the overall process of assessing information risk. They will offer support, guidance and advice in the following areas:

  • Identifying the assets that require protection. Identifying relevant threats and weaknesses.
  • Identifying exploitable vulnerabilities.
  • Assessing the level of threat posed by threat agents.
  • Determining the business impacts of risks being realised.
  • Producing a security risk assessment.
  • Advising on a risk acceptance threshold or level of acceptance.
  • Advising on suitable control implementation.

Technical risk assessment should be a continual activity. A comprehensive enterprise security risk assessment should be conducted at least once a year or when significant changes occur to the business, the IT estate, or legal environment to explore the risks associated with the organisation’s information systems. An technical risk assessment can only give a snapshot of the risks of the information systems at a point in time.

WHO IS THE TECHNICAL RISK ASSESSMENT SERVICE FOR?

 

Risk Assessment consultancy can be performed on organisations of any size – small, medium-sized and large enterprises – where the IT infrastructure includes a combination of complex legacy systems and newer operating systems whose interoperability is not always seamless.  It is particularly useful to public-sector organisations such as the NHS, HMRC, MOD, MOJ, local councils and other government agencies that provide multiple services across different channels to diverse groups of users – the interchange of personal data across different platforms requires greater vigilance and methods of protection.  A technical risk assessment is an explicit requirement of the most important standards and regulations and at the very least, it is indirectly implied in others. Some of these standards and regulations include ISO 7001(ISMS), GDPR, PCI, DSS, NIS Directive, HMG, Security Policy Framework (SPF), 10 Steps to Cyber Security, 14 Steps to Cloud Security and 20 Critical Controls for Cyber Defence.

OUR RISK ASSESSMENT SOFTWARE

 

Cyber Smart Associate’s Risk Assessment Software Tool has been proven to save huge amounts of time, effort and expense when tackling complex risk assessments.The tool enables consistent and speedy generation of Technical Risk Assessment outputs that can be used to support a variety of downstream activities, including generation of risk based security requirements, support to technical design authority options assessments for investment cases, proof of concepts, development of security enforcing functions for new products / architectures, Privacy Impact Assessments and ongoing changes in a product group, delivery programme, or service.  It streamlines the risk assessment process to deliver consistent and repeatable cyber security risk assessments every time.

Explore The Toolkit

HOW WE CAN HELP

 

Cyber Smart Associates specialises in providing best-practice action plans, consultancy services, risk assessment, risk management and compliance solutions with a special focus on cyber resilience, data protection, cyber security and business continuity. In an increasingly punitive and privacy-focused business environment, we are committed to helping businesses protect themselves and their customers from the perpetually evolving range of cyber threats. Our deep industry expertise and pragmatic approach help our clients improve their defences and make key strategic decisions that benefit the entire business. Additionally we are duly recognised under the following frameworks: UK government Digital Outcomes & Services (DOS3) framework supplier  Cyber Essentials certified, the UK government-backed cyber security certification scheme.