E-Commerce Law

Cyber Risk Assessment

Cyber Risk Assessment is a major step in assessing the gaps in the crucial areas of your organisation and initiate steps to reduce these differences along with the assurance of substantial investment of time and money without any deployment of resources.

What is Cyber Risk Assessment?

A cyber risk assessment is all about determining the elements or technical assets which could be damaged or affected in cyber-attack like hardware, data, systems or any intellectual property along with other risks.

The process includes continuous risk assessment by evaluating and estimating the controls for inspection of approaching threats.

Such evaluations are continuously reviewed and monitored to confront any detection of risk or change which can compromise the security of the organisation.

Most of the organisations in the healthcare sector are prone to cyber-attacks which could be of any scale or nature, damaging potential of any strength and thus increase the security risks of classified patient data files.

It also affects reputation and development of any organisation.

Cyber risk assessment can probe for such security loopholes and rectify them to minimise risk.

Continuing data inspection and monitoring and strategies of risk management are the top most essentials of Cyber risk management.

Further, putting proper policies and procedures make the organisation look more credible and accountable among employees.

To secure your sensitive information effectively, you need to apply years of data breach prevention expertise with the help of cyber risk assessments, helping you to identify potential vulnerabilities and implement sound data breach prevention practices.

For this task to done you need expertise people in cyber risk assessments.

Process involved in Cyber Risk Assessment Services

Primary assets of Information: Determining what are the primary assets of information and prioritising them can prevent damages or prevent it.

Get all primary information like passcodes, payment credentials and card numbers into a priority list in the minimal time of 2-3 hours only.

Determine what information assets to be located: Locating all essential primary source of information or the information assets like laptops, file servers, systems, databases, and media accessories into one database listing is critical to inspect risks.

Classification of information assets: Classification is required to categorise information assets in order of their highest priorities of security.

It is critical to determine and understand the information assets that, if disclosed or leaked, can be a threat to the organisation.

Conducting a threat modelling exercise: Rating of threats and security risks which are faced by high-prioritized information asset is an essential step after the risk assessment. Microsoft’s STRIDE method is simple, clear and covers most threats. In doubt, always seek professional help.

Data finalisation & Planning: Get a comprehensive ranking of security risks and threat by planning and finalising of the data. Develop a robust security framework for handling assets, possible threats and other related concerns.