As the 21st century progresses, we are seeing rapid growth and global revision in connectivity and digitalisation on a scale never contemplated before. This is, to a large extent made possible by the vast leaps in technology, communication and globalization fueling rapid digitalization and automation.
Without the effective application of suitably designed, configured and implemented risk management tools, techniques and methodologies, effective cyber risk management cannot not be implemented.
Failure to identify, assess, and manage the major cyber risks facing any organization’s business model, will most certainly and unexpectedly result in a significant loss of stakeholder value or possibly total failure.
Boards and Senior leadership must of necessity implement processes to effectively and efficiently manage all substantial cyber risks confronting the organization. This can only be achieved using structured methodologies, appropriate tools and technology and best practice implementation by suitably skilled specialists.
When structured methodologies, based on acceptable codes and standards, with integrated tools are correctly applied to Cyber Risk Management, it is possible to provide key individuals with an understanding of critical cyber risk exposures. This facilitates the balancing of expectations and allowing for an increased potential of resilience necessary for survival subsequent to an attack, ensuring uncompromised business sustainability.
It has become imperative that all boards and leadership teams of businesses and organisations have a thorough up to date understanding of their threat landscape and associated controls to ensure the implementation of cyber resilience within their operations.
nCyRisk is a Software as a Service (SaaS) assessment tool that allows the organization to assess the cyber-risk controls that have been implemented.
The nCyRisk process entails: