Information Security Risk Management Services
Information security risk management, or ISR, is the process of managing risks associated with the use of information technology. It involves identifying, assessing, and treating risks to the confidentiality, integrity, and availability of an organization’s assets.
CyberSecOp IT & Security Risk Management can help you reduce the risk of security threats, poor or misaligned security practices, and operational security compliance failures.
Our Risk management solutions
When can over see your data day to day risk management program, provide the following services.
Risk Management Identification
Identify assets: What data, systems, or other assets would be considered your organization’s “crown jewels”? For example, which assets would have the most significant impact on your organization if their confidentiality, integrity or availability were compromised? It’s not hard to see why the confidentiality of data like social security numbers and intellectual property is important. But what about integrity? For example, if a business falls under Sarbanes-Oxley (SOX) regulatory requirements, a minor integrity problem in financial reporting data could result in an enormous cost. Or, if an organization is an online music streaming service and the availability of music files is compromised, then they could lose subscribers.
Identify vulnerabilities: What system-level or software vulnerabilities are putting the confidentiality, integrity, and availability of the assets at risk? What weaknesses or deficiencies in organizational processes could result in information being compromised?
Identify threats: What are some of the potential causes of assets or information becoming compromised? For example, is your organization’s data center located in a region where environmental threats, like tornadoes and floods, are more prevalent? Are industry peers being actively targeted and hacked by a known crime syndicate, hacktivist group, or government-sponsored entity? Threat modeling is an important activity that helps add context by tying risks to known threats and the different ways those threats can cause risks to become realized via exploiting vulnerabilities.
Identify controls: What do you already have in place to protect identified assets? A control directly addresses an identified vulnerability or threat by either completely fixing it (remediation) or lessening the likelihood and/or impact of a risk being realized (mitigation). For example, if you’ve identified a risk of terminated users continuing to have access to a specific application, then a control could be a process that automatically removes users from that application upon their termination. A compensating control is a “safety net” control that indirectly addresses a risk. Continuing with the same example above, a compensating control may be a quarterly access review process. During this review, the application user list is cross-referenced with the company’s user directory and termination lists to find users with unwarranted access and then reactively remove that unauthorized access when it’s found.
Information System Owners (unit leadership/business owner/service owner). System owners are responsible for ensuring that systems and applications under their control have risk assessments done, that identified risks are addressed appropriately, or that such risks have been accepted .
Office of the Chief Information Security Officer (CISO). The CISO establishes the baseline security controls and acceptable risk levels for all units and environments. The CISO also coordinates all appeals for exceptions from the Risk Management standard.
Cyber Security Operations Consulting provides the technology and systematic method to identify all risks that impact your organization and automate risk scoring using dynamic models.
Risk Register: Define potential risks associated with activities across the enterprise. Capture everything from vendor interactions, finance, to sales and marketing activity.
Risk Assessments: Stakeholders from across your business rate risk dimensions such as impact and likelihood using a configurable risk computation scale.
Risk Modifiers: Activity-based risk drivers are added as modifiers to risk scores to capture additional business-driven risk factors.
Final Risk Scoring: Customizable algorithms compute weighted risk scores for use on dashboards & reports.