Identify, Analyze, and Treat Your Most Critical Business Risks
You can’t protect what you don’t understand. A formal Risk Assessment is the foundational activity of any robust security or compliance program (and a core requirement for standards like ISO 27001 and NIST). This strategic service moves beyond technical vulnerabilities to identify threats to your business information, analyze their potential impact, and create a clear plan to manage those risks. It’s how you make intelligent, defensible decisions about your security investments.
Our Risk Assessment Process
Our methodology is aligned with established frameworks like ISO 27005 and NIST SP 800-30, ensuring a structured and comprehensive approach.
Our Risk Assessment Process
Our methodology is aligned with established frameworks like ISO 27005 and NIST SP 800-30, ensuring a structured and comprehensive approach.
Context & Criteria Definition
We work with you to define the scope of the assessment and establish your organization’s risk appetite. We define the criteria for how risks will be identified, analyzed, and evaluated.
Risk Identification
We identify the critical information assets, the threats that could affect them (e.g., cyber-attack, human error, system failure), and the existing controls that are in place.
Risk Analysis & Evaluation
We analyze each identified risk to determine its likelihood and potential business impact. This allows us to assign a risk score and compare it against your pre-defined evaluation criteria.
Risk Treatment Planning
For all unacceptable risks, we facilitate a process to determine a treatment plan: either Mitigate (apply new controls), Transfer (e.g., via insurance), Avoid (change the process), or Accept the risk.
Key Deliverables & Outcomes
Risk Register and a strategic Risk Treatment Plan, fulfilling core compliance requirements (e.g., ISO 27001, DORA) and providing a clear justification for prioritizing security investments.
Formal Risk Register
A comprehensive, documented list of all identified information security risks, their analysis, evaluation, and current status.
Risk Treatment Plan (RTP)
A strategic, actionable plan detailing the selected treatment for each unacceptable risk, including proposed controls, responsibilities, and timelines.
Core Compliance Requirement
The formal documentation needed to satisfy the risk assessment clauses of ISO 27001, HIPAA, DORA, and other major frameworks.
Justification for Security Investments
A data-driven basis for prioritizing security initiatives and allocating budget to the areas of greatest risk.
Who is This Service For?
- Organizations seeking ISO 27001 certification, where a formal risk assessment is the central requirement.
- Businesses in regulated industries (like finance or healthcare) that need to demonstrate a formal risk management process.
- Leadership teams that want to move from a reactive to a proactive security posture.
- Companies needing to make strategic decisions about where to invest their limited security budget.
F.A.Q.
A Risk Assessment is strategic; it looks at business risk (e.g., the risk of data loss due to a ransomware attack). A Vulnerability Assessment is technical; it looks for the specific software flaws an attacker might exploit. A VA is one input into a broader RA.
A full risk assessment should be performed annually or whenever there is a significant change to your business or threat landscape. The risk register should be a living document that is reviewed more frequently.
We are flexible but typically use methodologies aligned with ISO 27005 or the NIST Risk Management Framework (RMF), tailored to your organization’s maturity.
Asset inventories, process maps, incident logs, system diagrams, and interviews with process owners.
Exposure, cost, impact, urgency, and regulatory drivers, aligned with business priorities.
Make informed, risk-based security decisions
Bring clarity to risk and investment, contact us to conduct your formal Risk Assessment.