Identify your risks before they become a problem.With our IT risk management, you will learn which threats can disrupt your business processes and how you can effectively protect your company against them.
IT risk management is the application of risk management methods to address IT threats. IT risk management includes procedures, policies and tools for identifying and assessing potential threats and vulnerabilitiesin the IT infrastructure.
The risk is calculated from the severity of the damage that an event can cause and theprobability of occurrence of the event.
A clear definition of the IT risk management strategy and its implementation can help companies minimize IT damage and provide guidance to IT departments to set up appropriate technical controls, such as firewalls and multi-factor authentication, to improve the organization's security posture. IT risk management is also important to build trust in the organization and protect its reputation, as a vulnerability can have serious consequences. An example would be when customer-facing applications are unavailable due to planned maintenance or cyberattacks, resulting in poor customer experiences and reputational damage. Early risk identification can minimize unexpected network outages and improve customer satisfaction. IT risk prevention also helps to demonstrate compliance with various security regulations and industry-specific requirements, such as the General Data Protection Regulation (GDPR).
Identify the most valuable assets:
First, all business-critical processes and applications are listed. From this, the most important IT systems and the most vulnerable premises can be derived. The goal is to obtain an overview of the most important processes and dependencies in the company.
Assess threats and vulnerabilities:
This step determines all threats and vulnerabilities that can endanger the confidentiality, availability and integrity of your company data. These include, for example, cyberattacks, malicious internal actors, and natural disasters.
Evaluate and prioritize risks:
Based on the identified threats, the risks are compared, prioritized and evaluated by determining the probability of their occurrence and their impact on the information systems. The goal is to obtain an overview of the most important risks.
Eliminate or mitigate risks:
After prioritization, the risks are now specifically avoided, modified, or transferred. If it is not feasible to eliminate or transfer a risk, then it is accepted in the risk management plan.
We work with you to ensure that your organization effectively identifies, assesses, and manages the risks associated with the processing, storage, and transfer of data and information.IT risks can impact the confidentiality, integrity, and availability of data and systems, and can result in both financial and legal consequences. Effective IT risk management minimizes these risks and helps an organization maintain information security, ensure business continuity, and build customer and partner confidence in the organization.
The education of your own employees on the subject of cyber security is an indispensable protective measure. Strengthen your most important line of defense with ourindividualized Security Awareness Trainings.