Cyber Security Risk Management


A formal risk management strategy doesn’t mean trying to mitigate every possible risk, it means exposing the organization to the right amount of risk

Risk management practices did not grow in cyber security, they grew in the financial industry. As such, we as CISOs need to constantly ask questions that represent our senior leadership views rather than a simple technical question.

A formal risk management strategy doesn’t mean trying to mitigate every possible risk, it means exposing the organization to the right amount of risk. Taking a formal risk management approach allows an organization to carefully choose which risks it is willing to accept. Organizations with high risk management maturity will vault themselves ahead of competition because they will be aware of which risks, they need to prepare for, which risks to ignore, and which risks to take.

IT risk is a business risk and therefore, accountability for IT risks and the decisions made to address them should be shared between the IT and the business.

Proactive risk management that translates IT risk into business language illustrates that IT decision-making is focused on how IT can add to and avoid detracting from the business value. Our consultants bring their extensive experience in IT risk identification and management, and our methodologies and unique toolset are based on a deep understanding of your business and how cyber security risks work.             Hoping for the best is not a risk management strategy.

Download our complementary copy of a Cyber Risk Register Template to help you start capturing and managing your risks.