Risk Management

Manage risks to the security of your systems and mitigate their effect on your business.

Risk Management is simply the process of managing risks based on your organisation’s security policies. The process includes assessment of people, processes and technologies that can potentially impact security.

A risk register and plan are developed in the process of risk (threat) identification, evaluation, prioritisation and development of mitigation controls (accept, reduce, transfer).

Risk Treatment Plan

The Risk Treatment Plan is built based on the results of the assessment, containing the actions recommended to improve ineffective controls. Each Risk Treatment step is mapped to relevant risks; as risk treatments are completed, the effectiveness of the control improves and in turn reduces the likelihood of mapped risks occurring.

Identify

Define the context of the assessment
Evaluate people, Processes & technology for potential risks
Consider source (internal/external) of the risk

Evaluate

Assess each identified risk
Categorise and prioritise based on Likelihood and Impact
Develop a risk analysis matrix to determine the level of risk

Manage

Avoiding risk
Reducing risk
Transfer risk
Accepting risk

Monitor

Regularly monitor and review your risk management plan
Ensure the control measures are effective and insurance cover is adequate.

We utilise industry best practices to create a meaningful risk framework which is both comprehensive and highly-flexible

We Offer the Following Services that can Assist you with your Compliance Requirements

Risk Management Frameworks

Risk Assessment and Mitigation

Policy Framework Creation

Risk Management Training

Business Continuity

Discuss How We Can Assist You?

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