Risk management
Risk management helps identify threats that may make events occur that exploit vulnerability in your organization. Risk management also help reduce those risks to desired levels. Using a risk methodology made by the CSE and used by all Canadian federal government departments reliable reports can be created to remove or mitigate risks requiring a response. Alternatively, there is OCTAVE which is developed by CERT, based from Carnegie Mellon.
Risk management starts with a threat risk analysis but doesn't just end with implementation of controls. exo12 CAN handle your needs from A to Z however.
Which of your risk controls give the highest ROI? Do you have any risk mitigation strategies? Companies have many threats facing them besides the competition. There are natural disasters, digital intrusions, disgruntled employees, theft and more. There is no way to prevent all threat events from occurring forever. There is no money to throw away trying to solve 99% of all issues. Decisions need to be made to ensure available money is spent in such a way that as many problems as possible are resolved.
To do this successfully a company needs to analyze the threats they face, the likelihood of a threat event occurring and what can be done to prevent them. In a lot of cases some controls are already in place but their adequacy is uncertain. It is important to use a good risk methodology that clearly defines the scope, the threats, the vulnerabilities, the possible controls and creates a plan that can be acted upon. With a report that is firmly grounded in reality management can be empowered to correctly spend funds and maintain assets at the highest safety levels.
exo12 consultants have consulted large organizations at all points of a comprehensive risk management strategy. Whether the pros and cons of a risk methodology need to be illuminated, threats need to be identified or controls with the highest return on investment exo12 can help you reach your goals.
