Most organisations realise the importance of risk assessments and related risk management but often discover that the task is more involved than anticipated.
The Importance of Conducting a Risk Assessment
The expansion of traditional network boundaries and a greater reliance on outsourcing and third parties has created complex, interconnected supply chains that increase the number of risks and vulnerabilities.
- Understanding Risk - To address risks within a flexible and adaptive framework, you must first be able to qualify and quantify them.This requires a strong understanding of the technologies that are driving interconnectivity between your organisations’ operations and systems. These include cloud infrastructure, remote working models, and IT and OT (and where they converge).
What to Expect from a Risk Assessments by Bridewell
Depending on your specific requirements, and what is the most beneficial to the organisation, this can be performed at an organisation-wide level or focused on individual projects or initiatives.
High Quality Assessments
We utilise the latest risk assessment software to improve the quality and agility of assessments and can also provide as an ongoing risk management service.
Long-term insights and Values
Our assessments are carried out in a repeatable, consistent manner that allows organisations to see changes within their main areas of risk over time.
Support for Any Standard
Our service can provide assessments against any standards required.
Extensive Technical Capabilities
Our team has extensive capabilities across cloud, operational technology (OT) and cyber threat intelligence (CTI).
Efficient and Cost-effective
To minimise costs, our consultants can perform an initial online risk assessment service that you can review before deciding if further investigation is required.
Highly Certified Consultancy
Our delivery consultants have CESG Certified Professional certifications and NCSC Risk specialisms.
Why is it Worth Conducting a Risk Assessment?
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Simplified and Cost-Effective Risk Reduction
Having a comprehensive view of risk across an organisation enables you to easily apply pragmatic and cost-effective risk reduction strategies.
Easily Adopt New Standards and Legislation
Seamlessly align your cyber security programme with new standards, legislation, and business strategies.
Adapt to Changing Risk Levels
Manage the consequences of changing risk levels and develop appropriate continuity plans.
Start your Risk Assessment Journey
Embark on a journey to increase your cyber resilience, improve your cyber security posture, and reduce your cyber security risk with our comprehensive Security Advisory services.
How we Conduct a Risk Assessment?
Our consultants will assess your organisation for risks in any of the following areas, while also considering your organisational processes and risk appetite.
- Business Impact
- Privacy Impact
- Third Party Risk
- Cyber Security Risk
- HMG Risk
- Code of Connection (e.g. PSN)
- PCI DSS
- ISO Standards
Risk Assessment FAQs
The length of the engagement varies depending on the scope, current maturity and requirements. Some clients require days of advice and guidance, others prefer to utilise Bridewell for more in depth analysis, or to reduce the demand on their own resources on a temporary or long term basis.
Risk management is an ongoing process and Bridewell share knowledge, best practices and examples with clients to support organisations to mature and continue risk management practices independently.
Ideally an organisation will have an asset inventory, existing risk assessment and risk management processes and a previous risk assessment. We appreciate that organisations operate at different levels of maturity and that not all items might be available or complete.
Allocation of resources internally to support the engagement and risk management process is beneficial, often with communication to the business on the importance of risk management and what is required from staff and teams to support the initiative, along with the organisations reasons for focusing on risk management (e.g to support an ISO 27001 implementation or new business opportunity).
Why Us?
Awards
Our team have won numerous industry awards, including 'Cyber Business of the Year' at the National Cyber Awards 2024 and 'Best Cyber Security Company of the Year' at the Cyber Security Awards 2023.
Certifications
Our people and services are highly accredited by leading industry bodies including CREST, the NCSC, and more. Our SOC holds extensive accreditations from CREST (including for CSIR and SOC2) and works closely with our cyber consultancy services.
Partnerships
As a Microsoft Partner, we also hold advanced specialisms in Cloud Security and Threat Protection. We’ve also implemented some of the UK’s largest deployments of the Microsoft Security stack, inc. Sentinel, Defender, Purview and more.
