Cyber Risk Assessment
We will assess your business's cyber risks and recommend ways to mitigate them.
At CapNet, our Cyber security experts can provide your business with a cyber risk assessment. This assessment will help identify, analyse, and evaluate any vulnerabilities that you may have in your current IT infrastructure.
A Cyber risk assessment is recommended for all businesses and backed by all government bodies such as ISO 27001, Cyber Essentials and IASME. This is also a requirement for most insurance companies. At CapNet we also believe it's vital that every business understands the current cyber risk and implements a strong defence strategy that is consistently managed and reviewed annually.
The assessment process:
Identification
Our security specialists will create a project scope and identify business risks and any critical assets that could be affected by a cyber-attack. This includes the network infrastructure, hardware, systems, customer data, and training as well as your current business continuity and expectations on the ramifications of a cyber-attack.Assessment
We will then provide a detailed risk assessment. This should be reviewed by all company directors allowing a full understanding of the current position and risks level.Mitigation
We will provide recommendations and solutions to address each of the risks as well as the impact on business operations. We will also document the process of your disaster recovery strategy based on different scenarios. This will also allow you to understand the impact on the business and review the current business continuity plan and expectation levels of service.Action
We will advise on the most cost-effective solution to manage the risks of your business and create an action plan.
Our cyber risk assessments are highly detailed and uniquely tailored to each business. CapNet always goes above and beyond the standard recommendation due to the sophisticated tools and techniques we use as well as our knowledge of systems, networks, and user behaviour.
Do I need a cyber risk assessment?
Though some organisations choose to avoid having a cyber risk assessment, we always advise our customers to do so. Not only could a risk assessment reduce the risk of a cyber-attack it could also protect your data and intellectual property as well as mitigate the fine you may receive from the Government ICO in relation to not protecting data correctly.
By not understanding the risk to business and data a cyber-attack could significantly damage to your business.
On top of this, many insurance companies require that a cyber risk assessment has been carried out in the event of a cyber breach or in line with an insurance claim.
In conclusion, cyber risk assessments are a critical part of information security management. Without them, it's difficult to determine the potential risks to a business. Cyber risk assessments also allow companies to identify weaknesses in their security policies, training and technology. As cybercrime becomes more common, businesses need to implement the proper measures to protect their data and customers.
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