The risk management life cycle is a general approach for the management of risks within organizations.
Risk management is an ongoing process of identifying risks and implementing risk reducing mitigating factors. Risk is determined by considering the likelihood that known threats will exploit valuable assets and the impact if an exploit is successful. It is very important to know where to apply available resources to mitigate risk in an efficient and cost-effective manner. That’s where risk assessments come in the picture.
The 6 different phases of the Risk management lifecycle are:
- Categorize
- Select controls
- Implement controls
- Assess controls
- Authorize
- Monitor and review
Ascure performs activities in all 6 phases of the Risk management lifecycle and can provide expertise and coaching for implementing such a lifecycle within your organization.
System analysis
Information systems are critical to an organization and should therefore benefit of an adequate protection and of a configuration management. Most of today’s system compromises are attributed to erroneous system settings and the presence of vulnerable software. Although a penetration test already provides a good view of existing issues and vulnerabilities, sometimes a closer look is required to expose remaining problems.
Penetration Testing
Penetration testing is an efficient way of determining whether your infrastructure is prone to hacker attacks and to what extent the existing risks may damage your organization. By recurring penetration tests, you also get a view on the overall evolution of the organization’s risk level. Possible penetration tests: network penetration testing (external, internal), web application penetration testing, wireless testing and VOIP testing.
Vulnerability management
Information systems are facing a wide variety of threats which are constantly evolving over time. Having an adequate security infrastructure in place and following best practices for protection measures are key elements to ensure the safety of your systems. But do you know what risks your infrastructure is facing? And how confident are you that the implemented approach suffices in protecting your assets? Have you (recently) been the victim of a cyber attack?
A Vulnerability Management Solution is a framework that assists a company with the identification, the mitigation and the remediation of the risks it is facing. This allows addressing issues proactively and keep the infrastructure’s security under control.
Network analysis
A network can have all the latest security technology installed, but nevertheless if the architecture is flawed then its security will be flawed.
While security is presently an important factor in network design, this is often not the case with older networks or constantly growing networks, in which the addition of components may introduce significant weaknesses in the security of a network.
Product migrations and implementations, business mergers, additional sites, home working solutions are just few of the factors that will negatively impact security if the architecture is not kept under close control.
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