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Cyber Risk Management System  (CRMS)

Our Cyber Risk Management System (CRMS) combines tried and trusted risk management processes, and new simplified data analysis and visualisation tooling to transform complex Cyber threats into understandable business risk intelligence. The CRMS allows boards and senior leaders to effectively and efficiently discharge their responsibilities to manage business resilience to cyber events. 

The CRMS is a combination of processes such as: 

  • information collection in the form of questionnaire responses and/or face to face meetings.

  • data aggregation, analytics and dynamic visualisation.

  • setting of risk appetite in the form of thresholds.

  • dynamic dashboard reporting and visualisation of risk.

 

The CRMS can then be used to define and track remediation activities, providing a common tool and visual ‘language’ for the management of risk, thus enabling line of sight throughout the organisation.

 

Our CRMS is tailored to your company and resides entirely within your company’s boundary, ensuring your data doesn’t have to leave your environment. 

 

We provide the required data structure, analytics and dynamic visualisation to deliver the quick implementation of a working product. 

 

In essence, and in a collaborative effort with you, we define the inputs and outputs required to measure and manage your organisation’s exposure to Cyber security compliance deficiencies and successful Cyber attacks. These inputs and outputs are placed within the context of risk, so that they can be treated within existing Enterprise Risk Management and Governance processes.

 

Example inputs are Key Performance Indicators (KPI) structured across such areas as Cyber defence, business change and any existing Cyber improvement programme. These KPI provide a view of how well things are going – the trajectory of current cyber security efforts. 

 

Example outputs are Key Risk Indicators (KRI), where thresholds are defined to denote the guardrails within which the cyber risk appetite is achieved and maintained. In this way, work and costs can be prioritised and focused on those events that must be prevented to protect critical business services, downtime and revenue.

In this way we assist boards, senior leaders and operational teams to deliver economic, efficient and effective cyber risk management, and ultimately business resilience. 

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