Risk Management

Risk is well-studied discipline, based on the probability theory. Specialists also utilize the most modern innovative tools including artificial intelligence for most accurate results.

Risk Management specialists perform the following activities :

• Evaluate business objectives and IT involvement

• Interpret and clarify the corporate policies and procedures,

• Assess enterprise system architecture and resilience

• Classify assets and establish asset values

• Obtain risk tolerance and risk appetite and incorporate them in control assessments

• Study board resolutions and audit committee minutes to ensure proper alignment with corporate strategy

• Collect and prioritize compliance rules and audit report findings etc.

• Identify all areas where the information systems must meet security requirements and standards

• Calculate the maximum cost of controls vs. potential losses resulting from risks 

• Identify gaps between the required and the actual states of security.

• Suggest realistic and optimal remediation measures, based on risk, budgets, availability of solutions and trained personnel.

• Implement the remediation measures in the most complete, fast and economical way.

Analysts conduct risk management activities throughout the necessary cycles of your business activity to make sure you meet all regulatory requirements. 

Most companies use the most recognized risk frameworks in the industry such as NIST, COBIT, ISO 27000 and American FedRAMP. 

The experts prepare statistically meaningful and actionable reports with visualizations. That helps understand and manage risk at every level of your business.