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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.
Our client is a leading business in the UK water sector and a FTSE 250 company, providing clean water and wastewater services to over 3 million people and 300,000 businesses.
In 2021, they were looking to increase the maturity of data protection across their organisation, as well as expand their Data Privacy team. While their Data Privacy team had identified several areas that could be improved, they lacked the resource to make these changes without first being able to demonstrate the value to the wider business.
The Challenge
In 2021, before working with Bridewell, our client had a relatively small data privacy team. While there was no question of their compliance, there were areas where they'd identified scope for improvement within data protection. At the time, Data Subject Access Rights Request (DSARs) were spread out across the business and not being handled consistently, their DSaaS wasn’t centralised, and their Records of Processing Activities (ROPA) needed an update.
However, since they didn’t have the resources to implement improvements, they first needed to expand the team. This required educating the wider business about data privacy in order to secure the resources needed for a larger data privacy function. Having worked with Bridewell previously, our client chose to work with us to support in assessing their maturity, recommending improvements, and engaging the wider business.
The Solution
To help our client enhance data protection across their organisation, we first delivered a data privacy maturity assessment in 2021. Our report made detailed recommendations on areas in which our client could improve, providing their data privacy team with clear evidence and rationale for the need for greater resources.
The data privacy team found that the report was a valuable asset as it helped them secure buy-in from the wider business, enabling them to access the resources needed to enhance their data privacy programme. Based on the report findings, our client subsequently brought us on to help update their ROPA and put processes in place to ensure it was updated more regularly. We also performed a data mapping exercise in 2022 for both our client and one of their subsidiary businesses that provides billing and customer services.
Through the exercise, their ROPA was refreshed and automated via workflows in OneTrust. This required deep dive workshops with each business area to understand our client's personal data processing activities. We then provided technical support with importing the outputs of the sessions into OneTrust, which provided our client with the platform to streamline it’s approach to maintaining its accountability documentation through automation.
Through the engagements, we had regular communications with our clients key stakeholders, providing them with clarity on how the project would progress, what we'd deliver, and what was needed from their side. Later in 2022, we also worked with our client to implement an internal audit approach aligned to ISO 27701 for second line assurance, enabling them to oversee their risk management and compliance functions and audit high risk areas of the business.
The Results
Today, our client has a mature data privacy function with a much expanded team of data privacy professionals. With this additional resource, the team are able to undertake a number of workstreams for data protection so that maturity is constantly improving.
Our client is a leading business in the UK water sector and a FTSE 250 company, providing clean water and wastewater to over 3 million people and 300,000 businesses.
Industry
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.
