Cyber Resilience

Integrating people, process, and technology to drive cyber resilience

Cyber adversaries are innovative, organized, and relentless in finding new ways to infiltrate, corrupt, and attack. Complicating this further, many of the fundamental moves businesses undertake to improve performance expose them to new cyber threats, for example, extension of third-party networks and relationships, outsourcing, adoption of new technologies, movement to the cloud, and mergers and acquisitions.

It would be wholly impracticable to have zero tolerance to cyber risk. Firms have to prioritize their cyber efforts to maximize the return on their investments in security defenses. Our experienced cyber risk advisors work collaboratively with business leaders to avert threats, close gaps, and implement mitigation strategies and tactics that transcend traditional risk management practices. With a focus on building organizational resilience, we set our clients up to to innovate and execute against their business mission and goals.

Knowing where you are strong, where you are vulnerable, and how this aligns with your strategic business goals and objectives helps you bridge the gap between resilience and success.

We support business leaders in their oversight role as they re-orient traditional risk management practices towards adopting a risk strategy focused on resilience, business results, and long-term success.

Governance frameworks and responsibilities
Identification of mission-critical assets, threat actors and techniques
Risk appetite and tolerance statements
Scenario analysis, including business impact determinations
Enterprise-wide strategy and prioritization of investments
Metrics, indicators, and escalation triggers

In an age of competing priorities and limited resources, organizations need to identify and prioritize investment in those cyber capabilities that will contribute most to maturing their overall cyber resilience.

We help our clients discern the true nature of their organization’s threats and vulnerabilities, and identify a clear path forward to progressively harden their security posture and make informed governance, investment, and organizational design decisions.

Enterprise risk and control assessments
Threat modeling and evaluation
Cyber risk program maturity assessments
Third-party risk advisory
M&A due diligence support
Regulatory compliance

What once might only have kept the IT department awake at night has evolved into a strategic risk that exists at the intersection of people, process, and technology.

We leverage our knowledge of the cyber risk landscape, our experience assessing cyber capabilities, and our extensive expertise evaluating cyber security programs to optimize risk management strategies across the three lines of defense – ownership, oversight, and assurance.

Risk mitigation and transfer strategies
Gap advisory and remediation
Data loss prevention and privacy
User provisioning and authentication controls
System and network security
Training and awareness

The threat landscape is not static. As organizations harden their security defenses, adversaries shift to new tactics and targets. Business leaders need the ability to prepare for, and adapt to, changing conditions in order to withstand and recover rapidly from cyber events.

We work with boards and executives to continuously evolve their cyber risk management programs and build the insight, culture, and resilience they need to protect the organization’s long-term strength and viability.

Incident response procedures and playbooks
Communication strategy and protocols
Business and operational continuity
Simulations and stress testing
Breach notification
Recovery and resolution planning

SPOTLIGHT ON | CYBER RISK ASSESSMENTS

Priorities matter ...

Risk assessments are the cornerstone of any successful cyber security strategy. They focus attention on the most important threats and opportunities an organization faces, and lay the groundwork for implementing effective, proportionate, and optimized risk management strategies.

The dynamic nature of cyber risk requires organizations to continually monitor and reassess their threat exposures to ensure cyber risk levels are understood and managed within defined tolerance thresholds. Only through an ongoing cycle of maintaining and updating your risk assessments can you manage cyber risk proactively, comprehensively, and effectively, without stifling your company’s ability to innovate and execute against its business mission and goals.

hot topic | THIRD PARTY CYBER RISK

DO YOU KNOW YOUR WEAKEST LINK?

The Department of Homeland Security recently released an alert warning about active threats targeting managed service providers (MSPs). The number of organizations using MSPs has grown significantly over recent years, according to the alert, which warned that threat actors have been using various tactics and techniques for the purposes of cyber espionage and intellectual property theft since May, 2016.

Cyber adversaries are innovative, organized, and relentless in finding new ways to infiltrate, corrupt and weaponize whatever touches the internet – often bit by bit. An increasingly prevalent strategy is for attackers to divide targets into two groups; the intended targets and potential staging targets – third-party organizations like vendors, suppliers, and industry websites.

Your organization’s risk surface is likely much larger than you think. To accurately and holistically assess cyber risk, you need to consider the threats that lurk below the surface and figure out how a threat actor may try to target your organization through vulnerabilities in your entire ecosystem of vendors, partners, and third-party suppliers.

more about third party cyber risk