There’s a lot of technology out there and it’s easy to become overwhelmed with what is best. That’s exactly why a technology roadmap is helpful for business success.
Our 5-step process:
All reviews and risk assessments start with establishing an inventory of all information assets and configuration items on the network. By reviewing information assets, we can gain information on which are the single points of failure and pose the greatest security risk. Our risk assessment platform is based on the NIST Cybersecurity Framework (CSF) that provides a baseline of risk posture.
The foundation our review and risk assessment is determining the impact, likelihood and consequence of failure for each identified infrastructure vulnerability and security risk. Whether reviewing qualitatively or quantitatively, organisations must look at every identified threat facing their infrastructure and information landscape.
In order to successfully mitigate risks, they must be prioritised based on their overall impact and effect of the business should the risk occur. In collaboration with the stakeholders of the organisation, our consultants will agree on the appropriate remediation priorities.
Meticulous planning and in-depth scoping of engineering works is vital to effective implementation and expected project outcomes. Our project management team work to certified methodology standards.
With a team of certified and experienced consultants and solution architects, successful project execution and risk remediation. Our commitment to agreed project deliverables and business outcomes ensure we always meet expectations, despite expected technology challenges.
Quantitative & qualitative risk assessments – an explanation
The first and most straightforward IT risk assessment methodology is that of quantitative risk assessment and analysis.
“Quantitative” means that risk is quantified or measured in terms of definite numbers, figures, and percentages.
This methodology answers the questions of “What is the financial impact of this risk?” and “How much data would be lost or compromised if this risk were realized?” among others. While this approach does take into consideration the impact a risk would have on business operations, it does so through a rigid numbers-based lens.
Another important IT security risk assessment methodology is to take a qualitative view on risk.
Rather than numbers and percentages, the qualitative approach answers the questions of “How will my team be affected by this risk?” and “How would our service levels be impacted by a loss?”
This view is much more subjective than its quantitative counterpart in that it seeks the opinions and viewpoints of various business stakeholders when performing an assessment.