IT Risk Management

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The Business Challenge

IT risk is a major concern for any organization, public or private. Protecting data, reputation, and your bottom line requires a dynamic, sustainable IT risk management strategy. Without effective risk management, security vulnerabilities, compliance gaps, and operational deficiencies will go unchecked, inevitably resulting in poor technology and business performance. Additionally, a lack of good risk management practices can open the door for cyber criminals to exploit critical systems and data.

How We Help

Securance offers two approaches to complete a comprehensive risk assessment.

1. Framework-based risk assessment

Review of people, processes, and technologies against the risk management, security, or control framework of your choice, your organization’s compliance obligations, and general best practices. Frameworks can include:

  • NIST SP 800-53
  • NIST SP 800-30
  • ISO 27001
  • CIS 20
  • COBIT
  • COSO

Our risk assessment process follows these steps:

  1. Define the assessment scope
  2. Identify threat sources
  3. Identify vulnerabilities
  4. Determine likelihood and impact of threat events
  5. Determine the overall level of risk
  6. Develop a management report
  7. Support our client in current and future risk mitigation

2. Securance proprietary risk assessment

Securance’s proprietary risk assessment uses an internally developed tool to:

  1. Quantify the risks associated with auditable technologies and processes
  2. Generate an IT risk matrix
  3. Develop a three-year IT audit plan to guide future risk management efforts

The Securance Difference

  1. Executive-level consultants provide hands-on leadership to ensure every project is a success. Each engagement is led by senior-level consultants with 20 or more years of experience.
  2. Our consultants leverage their experience to maximize efficiency. You can expect a board-ready draft report within one week after our assessment is done.
  3. In our reports, we translate technical findings into business risks that all stakeholders, in and outside of IT, can understand and appreciate.

Risk Management for Everyone
By performing an IT risk assessment, organizations can identify security threats and vulnerabilities, learn the impact and likelihood of those threats, justify technology and security investments, and comply with mandatory regulations. Contact us today to get started.

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