Identifying and Managing Risk Scenarios
Identifying and Managing Risk Scenarios
Identifying and Managing Risk Scenarios
CUI risk analysts conducts comprehensive assessments that pinpoint threats, vulnerabilities, and the assets the organization places value on.
Risk scenarios are created by developing an idea of potential events that can affect the organization or its assets.
Risk Evaluation, Analysis, and Report
Identifying and Managing Risk Scenarios
Identifying and Managing Risk Scenarios
Our experts goes through the overall process for evaluating likelihood, impact, velocity, and contagion for risks, utilizing both qualitative and quantitative assessment methods.
We will also cover security controls effectiveness and possible gaps between how effective controls are in the existing risk state.
Risks are communicated to the board and stakeholders with clear guidance provided to management regarding acceptable levels of exposure to losses.
Risk Response and Mitigation
Identifying and Managing Risk Scenarios
Risk Response and Mitigation
Following the continuous evolution of the risk assessment, organizations typically respond positively to the findings.
Once risk responses are selected, we advise on their implementation, encompassing the design, development, and adaptation of security controls.
Control and Risk Monitoring
Third Party Risk Management (TPRM) evaluation and services
Risk Response and Mitigation
Key risk indicators (KRIs) and thresholds are define and establish based on available data, to enable monitoring of changes in risk.
Key performance indicators (KPIs) are monitored and analyzed to identify changes or trends related to the control environment and determine the efficiency and effectiveness of controls.
Third Party Risk Management (TPRM) evaluation and services
Third Party Risk Management (TPRM) evaluation and services
Third Party Risk Management (TPRM) evaluation and services
Our comprehensive TPRM evaluation and services encompass a thorough assessment of your third-party relationships, providing clear visibility into the security posture, maturity, and controls of your vendors and partners.
We go beyond traditional methods, offering a robust and reliable approach to managing third-party risks.
Top Industry and International Frameworks We Implement
International Organization for Standardization (ISO 31000)
International Organization for Standardization (ISO 31000)
International Organization for Standardization (ISO 31000)
ISO 31000 provides a universal risk management framework and methodology suitable for organizations of any size or industry.
Adopting ISO 31000 can enhance an organization's ability to achieve its goals, better identify opportunities and threats, and efficiently allocate resources for managing risks.
NIST Risk Management Framework (RMF)
International Organization for Standardization (ISO 31000)
International Organization for Standardization (ISO 31000)
The Risk Management Framework (RMF) offers a structured process that integrates security, privacy, and cyber supply chain risk management activities throughout the system development life cycle.
This approach to selecting and specifying controls is based on risk, taking into account effectiveness, efficiency, and compliance with relevant
The Risk Management Framework (RMF) offers a structured process that integrates security, privacy, and cyber supply chain risk management activities throughout the system development life cycle.
This approach to selecting and specifying controls is based on risk, taking into account effectiveness, efficiency, and compliance with relevant laws, directives, Executive Orders, policies, standards, or regulations.
Enterprise Risk Management (COSO)
International Organization for Standardization (ISO 31000)
Enterprise Risk Management (COSO)
It helps organizations identify factors that represent not just
risk, but change, and how that change could impact performance
and necessitate a shift in strategy.