RISK ASSESSMENT

[identify, prioritize, manage, and mitigate risks]

WHAT IS A RISK ASSESSMENT?

Organizations are investing more time, money and energy in cybersecurity than at any other period in history. Despite skyrocketing investments, organizations are no more secure than they were in the past. The reason is simple - organizations aren't doing enough of the right things in the right order.

A Risk Assessment ensures that:

  1. You're doing the right things
  2. You're doing the right things in the right order
  3. You're doing enough of the right things

If Risk Assessment is not part of your cybersecurity program, now is the time to start.

3 REASONS YOU NEED A RISK ASSESSMENT

Ask yourself the following questions:

Am I convinced that my cybersecurity investments will enable and protect the business and save my job?

Am I sure that I'm investing in the most critical areas first and not getting distracted by "low hanging fruit?"

Am I confident that I will be able to prove ROI and progress so that the business has confidence in me and my approach?

If you answered "no" to any of the above, you need a Risk Assessment.

WHAT KIND OF RISK ASSESSMENT DO I NEED?

Risk Assessments come in different shapes and sizes but they all do the same thing - identify, prioritize and measure cybersecurity risk. Industry, business strategy and regulatory requirements will determine which type of Risk Assessment you need.

HIPAA

A HIPAA Risk Assessment will provide an evaluation of Client’s healthcare and ePHI-related security risks as determined by the requirements of the HIPAA Security Rule.

ISO 27002

A ISO 27002 Risk Assessment will provide a comprehensive evaluation of Client’s cybersecurity risks and a plan for effectively mitigating those risks.

NIST SP800-53

A NIST SP800-53 Risk Assessment will provide a comprehensive evaluation of Client’s cybersecurity risks and a plan for effectively mitigating those risks.

Vendor

Whether you are required to assess the risk of your third parties or you are buried in vendor risk questionnaires, Vendor Risk Management is the solution.

WHAT WILL I GET OUT OF MY RISK ASSESSMENT?

A Plan

A detailed plan that describes the priority and timing of all of your cybersecurity initiatives.

A Measuring Stick

A system for measuring your short and long-term cybersecurity goals.

A Finish Line

Assessment findings will clearly define that amount of risk that is acceptable to your business, and how close you are to reaching that state.

Peace of Mind

Your action plan will give you, your management team, executives, auditors and regulators the confidence that you are effectively managing your risk and pursuing cybersecurity in a thoughtful, effective manner.