Risk Management

We conduct comprehensive risk and vulnerability assessments to identify and evaluate risks to an organization’s data and systems, using recognised frameworks including the Essential 8, ISO 27001 and NIST CSF, and tools such as risk matrices to prioritize risks based on their likelihood and impact. Vulnerability assessments involve regular automated scans with tools like Nessus or Qualys, complemented by manual testing to uncover complex vulnerabilities. We leverage threat intelligence feeds and participate in information-sharing forums to stay informed about emerging threats, using threat modelling to categorize and prioritize them. Our risk mitigation strategies include assessing preventive controls like multi-factor authentication and firewalls, and the deployment of detective controls such as SIEM solutions and IDS for real-time monitoring and establishing corrective controls through incident response and disaster recovery plans to minimize the impact of security incidents.

Conduct risk assessments and vulnerability assessments.

  • Risk Assessment: Identify and evaluate the risks to the organization’s data and systems. Using frameworks like ISO 27001 or NIST, systematically assess risks by considering factors such as data sensitivity, potential attack vectors, and business impact. Employ tools like risk matrices to categorize and prioritize risks based on their likelihood and potential impact.
  • Vulnerability Assessment: Identify specific weaknesses in systems and networks that could be exploited by cyber threats. Regularly scan the IT environment using automated tools like Nessus or Qualys to uncover vulnerabilities. Complement automated scans with manual testing to identify complex vulnerabilities that automated tools might miss.

Identify and prioritise potential security threats and vulnerabilities.

  • Threat Intelligence: Leverage threat intelligence to stay informed about the latest cyber threats relevant to the industry. Subscribe to threat intelligence feeds and participate in information-sharing forums to gain insights into emerging threats. Analyse internal security logs and incident reports to identify trends and recurring vulnerabilities.
  • Threat Modelling: Use threat modelling techniques to categorize and prioritize threats. Develop detailed threat models that map out potential attack paths and identify the most critical assets. Create a risk matrix to prioritize threats and vulnerabilities based on their likelihood and potential impact on the business.

Develop and implement risk mitigation strategies.

  • Preventive Controls: Implement measures to reduce the likelihood of security incidents. Use multi-factor authentication (MFA) to enhance access control, deploy firewalls to protect network perimeters, and apply patches regularly to fix known vulnerabilities. Conduct regular security awareness training to ensure employees can recognize and respond to potential threats.
  • Detective Controls: Establish monitoring and detection systems to identify security incidents in real-time. Implement Security Information and Event Management (SIEM) solutions to aggregate and analyse security logs from various sources. Use Intrusion Detection Systems (IDS) to detect and alert on suspicious activities within the network.
  • Corrective Controls: Develop incident response and disaster recovery plans to minimize the impact of security incidents. Create and test an incident response plan that outlines specific steps for containment, eradication, and recovery during a cyber incident. Ensure regular backups are performed and stored securely and establish procedures for data recovery in the event of data loss or corruption.