ICT Security Risk Assessment

All organisations, large or small, public or private, exist to provide value to their stakeholders. However, there are many risks inherent in the current business environment that may deter an organisation from achieving its objectives. Therefore, risk management is an important business discipline that an organisation should embrace to minimise the effects of risks on its returns and capitals.

In countering risks, it always boils down to striking a balance between cost and consequences. In order to understand the best approach for asset protection, one should conduct a Security Risk Assessment (SRA) to establish the risk profile and subsequently put forward cost-effective protection strategies.

Our Approach

For security risk assessment, there two modes i.e. high-level risk assessment and detailed risk assessment that is tailored perfectly to each customer’s needs. Depending on the size and complexity of your organisation, the risk assessment may differ in duration. Our typical SRA model is as follows:

How Does It Benefit Your Organisation?

1.	Better appreciation of threats to the information assets enables management to make a better informed decision on risk mitigation strategies.
2.	Helps your organisation in maintaining the confidentiality, integrity and availability of critical information assets within the organisation.
3.	Identifying threats and potential hazards in advance, helps organisations in protecting against those anticipated hazards in a more well-planned and disciplined approach.
4.	Focuses your security investments toward the most critical priorities.

How Can We Help?

We guide you through the entire life cycle of risk management by:

1.	Undertaking security health checks to assess the security posture within your organisation.
2.	Designing and implementing a risk management framework for your organisation.
3.	Creating the risk mitigation strategies by prioritising the treatment of risk.

For more information, email us at corpcomm@scan-associates.net