Cyber Risk Assessment
CIS cyber risk assessment and benchmarking services provide our clients with clarity for strategic planning so organisations can easily assess their IT, staff and operational cyber risks across all functional business areas and benchmark with industry sector scores.
The loss, theft, hijacking or destruction of valuable electronic data and assets, including intellectual property, systems and databases caused by a cyber-attack, can have a significant adverse impact on a company’s reputation and financial position.
Financial impacts of a cyber related incident may be a result of ‘first party’ losses, ‘third party’ liabilities, and regulatory liability.
Without a clear understanding of how an organisation is currently managing continually evolving cyber risks, a business will be exposed in certain critical risk areas.
Cyber risk solutions
CIS risk assessment service is a key tool that business leaders use to make informed risk management decisions and remedy issues as they are discovered.
CIS assessment services comprise a proprietary online audit process that covers a broad range of corporate activities and functional areas helping business to quickly assess their cyber risk profile and weaknesses.
Combined with CIS IT security test services, businesses and their insurers are provided with an accurate picture of inherent cyber risk areas and recommendations for operational changes, staff training and IT security improvements.
Multiple assessment types
CIS recognises that businesses differ in size and complexity and provides five different levels of Cyber Risk Assessment suitable for Small to Enterprise level businesses.
Assessments evaluate risk vulnerabilities across people, technology and process categories. Ten business function disciplines are included in assessment audits to provide comprehensive coverage of operational and technology risks.
Risk Assessments provide the known benchmark or base to build your cyber risk management program.
CIS risk assessments are aligned with global cyber security best practice standards including the United States Government Cyber Risk Framework to ensure our assessment benchmarking is recognised across businesses in all major centres.
Our assessments gauge an organisation’s level of vigilance and compliance within country regulations that govern the safeguarding of corporate information assets.
“How vulnerable are you to a cyber-attack? Like most organisations, you simply don’t know.
It’s important to know where your vulnerabilities and weaknesses are but more importantly to manage them. A quick online self-assessment that provides a simple evaluation of your people, processes and technology gives your business a snapshot of where your cyber vulnerabilities may lie. This will help your organisation ascertain where the big holes are so you can do something about them before it’s too late and provides a start point to build your cyber risk management program.”
MICHAEL HYATT, HEAD OF CIS CYBER RISK SERVICES