Managing Cyber Risk
With the increased reliance of modern companies on digital and electronic mediums to conduct business, business is increasingly exposed to the risk from online attack. The disruption from activities such as phishing, DDoS or ransomware can have significant business impact.
Cyber security leaders today need to know how to turn threats, their potential impact on businesses, into quantifiable risks measured against the potential implications to business.
Cysquad Solutions identify and quantify cyber risks to mitigate or prevent a cyber-attack that could cause significant harm to business, operations, or financial performance.
We work with organisations to focus their cybersecurity budget on their most critical and material risks from cyber exposure in order to reduce, mitigate or transferring those risks.
These risks typically come from one of these three risk vectors:
• External threats— i.e. when bad actors exploit vulnerabilities in the network or try to exploit employees through phishing or other attacks.
• Internal threats— i.e. when bad actors have inside access to an organization and view or steal sensitive information.
• Supply chain threats— i.e. when third or fourth parties with access to a company’s network are exploited by a bad actor.
Cyber risks may start as technical issues, but often end up with significant business impact. Minimising the impact of the issues should be the primary objective based on the risk tolerance of the business. The costs become an investment when weighed against the effect on improving cybersecurity metrics.
Cysquad Solutions help CISOs demonstrate how good security posture adds business value and helps attract potential clients. These security strategies can be used to improve competitive positioning in addition to protecting the business.
Cysquad Solutions can lead the development of security policies, standards and guidelines providing end-to-end security transformation programmes.