Risk Assessment & Management

Risk assessment uses a logical process to identify potential hazards, their outcomes, and the impacts on an enterprise. These hazards can include chain interruptions, natural disasters, or outages along with cyber crime.

They are weathering the increasing effects of unpredictable climate patterns that can disrupt communication technology. And the public is skeptical that companies are committed to keeping their data private and safe.

In 2016, Wells Fargo paid a $185 billion, the largest ever levied by the Consumer Financial Protection Bureau, as part of a major scandal. The company fired its chief risk officer, not because she directly contributed to the events but because they occured on her watch. Corporate leadership believed that risk never got properly assessed or managed.

Organizations that fail to proactively address risk assessments can face fines from regulatory agencies, disruption to production processes, customer dissatisfaction, product failure, and revenue impacts.

We help companies assess their technological risk through modeling, risk evaluation tools, and predictive analytics. Our team develops metrics for assessing security personnel and builds cybersecurity policies. Our assessment and measurement component emphasizes policy design and reporting so your staff can focus on implementing a comprehensive security plan.

We work with you to develop policies and risk metrics that let you understand, analyze, and address risks in order to help your organization thrive. With the right policies and support structure in place, your security team can minimize cyber threats and maximize potential.