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Cyber Security Risk Management
Mitigate risk and ensure compliance against relevant standards and guidelines by establishing a comprehensive risk management program.
Our service provides the people, expertise, and resources necessary to implement a risk management strategy that mitigates risk without disrupting your operations.
The Importance of Risk Management
Most organisations realise the importance of cyber security risk management but often discover the task is more complex and time-consuming than first anticipated.
Interconnected Systems Larger organisations with extensive, interconnected systems find it harder to identify risks and how to mitigate them without impacting business operations.
Understanding Risk Ensuring a fully integrated risk management function requires a clear understanding of interactions and dependencies across the business and their potential impacts.
Resourcing Challenges In-house teams are often tasked with too many priorities to fully dedicate themselves to risk management, leaving little resource for this essential activity.
What to Expect from a Risk Management Service by Bridewell
Our consultants work closely with our clients to ensure their risk management strategy reflects their risk appetite, integrates with existing processes, and supports their wider business goals
Certified Risk Specialists
Our consultants have Certified Cyber Professional (CCP) certifications and NCSC Risk specialisms.
A Partner with Leading Industry Bodies
Our consultants work closely with the NCSC and other industry bodies to help shape national programmes and the future of the cyber security industry.
Experience Delivering Services at Scale
We have experience delivering risk management for some of the world’s largest CNI organisations across critical sectors.
Proven Methodologies and Expertise
Our consultants are established leaders in cyber security risk, audit, and supplier assurance, with certifications and experience in advising on NIST, CMMC, ISO 27001, NCSC CAF, OWASP and PCI DSS.
A Tailored Approach
We take a tailored approach to risk management that reflects the unique risks inherent to your organisation’s processes, sector, and risk appetite.
Why is it worth taking on a
Cyber Security Risk Management Service?
Simplified and Cost-Effective Risk Reduction
Risk Mitigation Having a comprehensive view of risk across the organisation enables you to easily apply pragmatic and cost-effective risk reduction strategies.
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Certification and Accreditation Requirements
Effective risk management to meet the quality and standards that auditors and accreditors require.
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 Management Process
Speak with one of our risk management experts to see how we can support your organisation in reducing risk and meeting regulatory demands.
How our Risk Management service works
Our risk management service encompasses all types of risk from security standards and policy, security controls information, security management system, to physical security.
- Step one: Our consultants perform an initial high-level assessment to identify potential risks within your organisation and where they fall short of industry frameworks or proprietary policies and standards.
- Step two: Depending on findings from the initial assessment, our consultants may advise whether any of your organisation’s third-party providers need a more in-depth, on-site visit and review.
- Step three: Having conducted a complete assessment, we then outline and implement an risk management process that addresses any identified risks or vulnerabilities to ensure they are mitigated and compliant.
- Step four: If required, our consultants can be utilised on an ongoing basis to augment your team and ensure this risk management process is adhered to on a continuous basis.
Hyundai Capital UK Enhances AI Governance Through Alignment with ISO 42001
The Challenge
While HCUK already had a mature, well-functioning Information Security Management System (ISMS) certified to ISO 27001:2022, evolving AI risks and emerging expectations around ethics, transparency and accountability highlighted the need to expand the ISMS into an Integrated/Business Management System (I/BMS) incorporating the requirements of ISO 42001:2023.
The new ISO 42001 standard emphasises the need for responsible AI governance, lifecycle oversight and organisational readiness. These are areas that required additional enhancements within HCUK’s existing system. As AI technologies such as Microsoft Copilot became more prominent, HCUK recognised the importance of adopting a proactive approach to governance, ensuring that appropriate policies, risk methodologies, training programmes and oversight mechanisms were established before AI usage scaled further within the organisation.
HCUK wanted to implement requirements aligned to ISO 42001, rather than fully certify, due to current organisational need, and Bridewell worked with HCUK to implement key requirements by taking a risk-based approach to control selection.
Bridewell has a longstanding and trusted relationship with HCUK, having delivered numerous ISO 27001 internal audits, supported security enhancement activities and contributed to the development of security processes and ISMS documentation. As a result, Bridewell has deep familiarity with HCUK’s operating environment, risk profile and organisational culture that proved helpful in aligning with ISO 42001.
In addition, Bridewell demonstrated proven expertise in responsible AI governance, ISO 42001 implementation and the design of integrated management systems. This combination of technical capability, sector‑specific understanding and pre‑existing stakeholder rapport positioned Bridewell as the leading partner to guide HCUK through the initial stages of aligning its governance framework with the new ISO 42001 requirements.
The Solution
In delivering this engagement, Bridewell provided an ISO 42001‑experienced consultant to lead the development and integration of key controls from an Artificial Intelligence Management System (AIMS).
The work began with an updating and maturing a number of key policies that overlap between the ISO 27001 and ISO 42001 including:
- The scope of the management system to ensure that it formally encompassed AI‑related considerations and accounted for new roles, responsibilities and oversight obligations introduced through the standard.
- Identifying internal and external issues, defining interested‑party requirements and establishing AI‑specific objectives and KPIs.
- The AI Security Policy was reviewed and refined to ensure clarity of leadership responsibilities and to embed principles of responsible and transparent AI usage.
- New artefacts were developed to strengthen the organisation’s governance structure, including an AI Acceptable Use Policy.
- Bridewell also supported HCUK in the refinement of its risk management processes by updating the existing risk methodology to incorporate considerations unique to AI, such as fairness, interpretability, ethical risk, safety measures and potential societal impacts.
- Importantly, as a new requirement with ISO 42001, Bridewell worked closely with HCUK to create an AI Impact Assessment Framework for the organisation’s initial AI use case, ensuring that risk‑informed decision‑making frameworks were in place from the outset.
To support operationalisation of key controls, a programme of training and awareness was developed. This included training materials for HCUK’s general staff members, along with a tailored session for senior leadership. The training initiatives were designed to ensure that employees at all levels understood their responsibilities, the organisation’s ethical principles and the mechanisms for reporting concerns or uncertainties surrounding AI usage.
The Results
The collaboration delivered significant benefits to HCUK. By embedding AI considerations into existing governance structures and a certified ISO 27001 ISMS, the organisation can achieve a more robust and transparent approach to AI usage that anticipates rather than reacts to business change and as AI adoption increases.
The early integration of AIMS components within the broader ISMS reduces the likelihood of future compliance challenges and positioned the organisation to manage AI‑related risks with confidence, helping to reduce and mitigate AI risks quickly. Additionally, the effort needed to implement key requirements from ISO 42001 into a certified ISMS was significantly reduced to due to the integration and streamlining of processes and controls to meet the ISO 42001 standard requirements.
Using the ISO 42001 training material will help staff across the organisation develop a stronger understanding of responsible AI principles, enabling safer and more consistent use of AI. Updated policies, clearly defined roles and well‑structured processes increase the organisation’s readiness for audits.
Moreover, HCUK is now able to demonstrate enhanced accountability, ethical alignment and preparedness which helps to reinforce trust among customers, partners and internal stakeholders. Ultimately this helps to ensure HCUK remains future‑proofed in an environment of rapidly accelerating technological and risk landscape change.
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Risk Management 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).
Some of the top cyber security risks include phishing attacks, ransomware, insider threats, advanced persistent threats (APTs) and unpatched software vulnerabilities.
Cyber security focuses on protecting systems, networks and data from cyber threats through measures like firewalls and encryption. Cyber risk management is a strategy within cyber security that involves identifying, assessing and prioritising risks to mitigate potential impacts.
A cyber security risk management plan is a structured approach to identifying, assessing and prioritising cyber security risks. It outlines strategies for mitigating or treating risks that include policies, procedures and controls. The plan also includes monitoring and reviewing approaches to new threats to maintain the ongoing protection of vital information.
To identify a cyber security risk, it’s important to conduct a structured risk assessment that will help identify, analyse and evaluate any potential threats to information centres. Some methods include cataloguing all data and hardware assets, identifying potential vulnerabilities, and determining threat likelihood.
Risk levels in cyber security range from low risk, which may have a minor impact on your organisation, through medium and high impact levels, to critical levels, which represent immediate and catastrophic damage to your organisation. Risk factors are determined by assessing the severity of impact, how easily they’re exploited, how widespread they are, and how easily they can be identified.
Why Us?
Awards
Our team have won numerous industry awards, including 'Cyber Security Company of the Year' at the Cyber Security Awards 2026 and Best Cyber Security Service Provider' at the Cyber Security Awards 2025.
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.
