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Business-Driven CYBERSECURITY
RISK Management

Proactive, Balanced, Integrated
Risk Management

Navigating the uncertainties of today’s business environment requires a proactive and integrated approach to risk management. Our Risk Management Services are crafted to help your organization identify, assess, and manage risks in a way that supports your strategic goals.


By delivering comprehensive strategies, detailed planning, and precise design, along with implementation roadmaps and management process development, we enable your team to embed risk considerations into decision-making at all levels. Our services aim to enhance organizational resilience, optimize risk-taking for innovation and growth, and foster a risk-aware culture.

We specialize in developing tailored risk management frameworks, integrating cyber risk management with enterprise risk management, measuring cyber risks through quantifiable metrics, and creating business-aligned risk management strategies. Additionally, we design risk assurance processes to provide confidence that risks are being effectively managed.

  • <50% of CISOs are involved in key business activities
  • <15% of CISOs take a holistic approach to business risk

RISK MANAGEMENT SERVICES

Overview

Our Risk Management Framework (RMF) Development service provides a structured approach to identifying, assessing, and managing risks across your organization. We design and implement a comprehensive framework tailored to your specific business needs, using SABSA to align with industry standards such as ISO 31000 and the NIST RMF. We integrate risk management into your organizational processes, ensuring that risk considerations are embedded in decision-making at all levels.

We focus on creating a cohesive system that unifies policies, procedures, and tools, enabling you to proactively manage risks rather than react to incidents. By establishing clear roles and responsibilities, risk appetite, and tolerance levels, we help you build a resilient organization capable of navigating uncertainties in the business environment.

Outcomes

  • Customized Framework: Develop a risk management framework tailored to your organization’s unique needs and objectives.
  • Proactive Risk Management: Shift from reactive responses to proactive identification and mitigation of risks.
  • Integrated Processes: Embed risk management into everyday business processes and decision-making.
  • Enhanced Resilience: Strengthen your organization’s ability to anticipate and adapt to changes and disruptions.

Overview

Our Integrating Cyber Risk Management (CRM) with Enterprise Risk Management (ERM) service bridges the gap between IT- and cybersecurity, and overall business risk management. We help you unify cyber risk considerations with your existing ERM practices, ensuring that cyber risks are evaluated and managed in the context of your organization’s strategic objectives.

By aligning cyber risk management with enterprise risk frameworks, we facilitate a holistic understanding of risks, enabling better prioritization and resource allocation. This integration promotes collaboration between IT and business units, fostering a culture where cyber risk is everyone’s responsibility.

Outcomes

  • Holistic Risk View: Achieve a comprehensive understanding of risks across all domains, including cyber threats.
  • Strategic Alignment: Ensure that cyber risk management supports and enhances business objectives.
  • Improved Decision-Making: Make informed decisions by considering cyber risks in the context of enterprise-wide risks.
  • Resource Optimization: Allocate resources effectively by prioritizing risks based on their impact on the organization.
  • Enhanced Communication: Foster collaboration and shared responsibility between IT and business units.

Overview

Our Measuring Cyber Risk & Metrics service empowers your organization to quantify cyber risks and monitor them effectively. We develop key risk indicators (KRIs) and metrics tailored to your specific context, enabling you to track risk exposure, control effectiveness, and trends over time.

By translating complex cyber risk data into meaningful insights, we help you communicate risk levels to stakeholders, including executives and board members. This approach supports evidence-based decision-making, prioritizing risk mitigation efforts where they are needed most.

Outcomes

  • Quantifiable Insights: Convert complex cyber risks into measurable and understandable metrics.
  • Effective Monitoring: Track risk exposure and control effectiveness over time.
  • Informed Decision-Making: Support strategic decisions with data-driven insights on cyber risks.
  • Stakeholder Communication: Enhance transparency and understanding among executives and board members.
  • Prioritized Actions: Focus on the most significant risks based on quantifiable data.

Overview

Our Business-Aligned Risk Management Development service ensures that risk management practices are directly aligned with your business objectives and operations. We work with you to understand your strategic goals, critical processes, and risk appetite, developing risk management strategies that support and enhance your business performance.

By aligning risk management with business priorities, we help you optimize risk-taking, enabling innovation and growth while maintaining appropriate safeguards. This approach fosters a risk-aware culture, where risk considerations are integrated into planning, execution, and evaluation of business activities.

Outcomes

  • Strategic Alignment: Align risk management practices with your specific business goals and objectives.
  • Optimized Risk-Taking: Enable informed risk-taking to drive innovation and competitive advantage.
  • Integrated Approach: Embed risk considerations into business processes and decision-making.
  • Risk-Aware Culture: Promote a culture where all employees understand and manage risks proactively.
  • Performance Enhancement: Support business performance by managing risks that could impede objectives.

Overview

Our Risk Assurance Design service focuses on establishing mechanisms to provide confidence that risks are being managed effectively within your organization. We design and implement assurance processes, including risk assessments, audits, and monitoring systems, tailored to your specific needs.

By creating a structured approach to risk assurance, we help you verify that controls are in place and functioning as intended. This service enhances transparency and accountability, ensuring that stakeholders have confidence in the organization’s risk management practices.

Outcomes

  • Enhanced Confidence: Provide assurance that risks are managed effectively and controls are operating as intended.
  • Structured Assurance Processes: Implement tailored assessments, audits, and monitoring systems.
  • Transparency and Accountability: Increase visibility of risk management activities to stakeholders.
  • Continuous Improvement: Identify areas for enhancement through ongoing monitoring and feedback.

ASK US HOW

Get in touch and find out how David Lynas Consulting can empower your cyber risk management.

Contact Us

Insights &
Resources

Australian Cyber Conference, 26-28 November 2024

Find us on Stand 10 at the Australian Cyber Conference 2024, 26-28 November at Melbourne Convention & Exhibition Centre.


W101 – Architecting a Secure Digital World

An introduction to SABSA for people who are new to the topic, providing a high-level overview and describing the benefits of adopting the methodology for architecting a secure digital business.

Learn more - W101 – Architecting a Secure Digital World

More Resources

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