Risk Management Framework

We work with clients to develop and maintain customized policies on their behalf that keep up with the latest industry and organizational needs. This includes ensuring the proper governance is in place for proper accountability and applicable audit requirements.
irm benefits

Understanding Risk Management

Risk management is the process of identifying, evaluating, and prioritizing potential risks and developing strategies to mitigate those risks. It is a crucial component of any organization's overall strategy and helps ensure that the organization is prepared for potential threats and challenges.

The Need for a Customized Risk Management Framework
Every organization is unique, with its own set of risks and challenges. A one-size-fits-all approach to risk management may not be effective in addressing the specific risks and challenges faced by an organization. This is why it is important to have a customized risk management framework that is tailored to the specific needs of the organization.

What is Included in Risk Management Framework

Every organization is unique, with its own set of risks and challenges. A one-size-fits-all approach to risk management may not be effective in addressing the specific risks and challenges faced by an organization. This is why it is important to have a customized risk management framework that is tailored to the specific needs of the organization.

vCISO

Chief Information Security Officer - executive to provide strategic and tactical guidance regarding risk management

Office of the CISO

Team underneath the vCISO that manages risk framework, tools and technologies, and responds to incidents.

MDR, EDR, AI

Creating a unified strategy for managed detection and response including using Artificial Intelligence and automation where possible.

Prepare for Regulatory Compliance Audits

Gain the tools and guidance you need to ensure your organization is prepared for compliance audits.

Human Resources and Training

Guidance regarding the selection of global staff management solutions and integrated knowledge delivery tools.

Third Party Vendor Assessments

We help you answer Third Party Vendor Assessments that help you land new clients.

IT and Cloud Strategy

We help architect the cloud strategy and technology implementation that is right for your organization.

Incident response

Practice, plans and response to security events.

Disaster Recovery and Business Continuity

We help you answer Third Party Vendor Assessments that help you land new clients.

vCISO Service FAQ

What are the different types of Risk Management Frameworks?
There are several popular frameworks, including NIST Cybersecurity Framework (CSF), ISO 27001, and COBIT. We can help you determine the most suitable framework for your organization.
How long does it take to develop a Risk Management Framework?

The timeframe depends on the complexity of your organization and the scope of the framework. While we can typically complete a basic framework within a few weeks, it's important to remember that risk management is an ongoing process.

Here's why:

  • The threat landscape constantly evolves: New cyber threats emerge all the time. Your framework needs to be adaptable to address these evolving risks.
  • Your business may change: As your organization grows, acquires new assets, or enters new markets, your risk profile will change. Your framework needs to reflect these changes.
  • Regulations can shift: Regulatory requirements may evolve, necessitating adjustments to your framework to ensure continued compliance.

Therefore, while we can provide you with a solid foundation quickly, maintaining and updating your framework is an essential aspect of effective risk management. We can help you establish a process for ongoing monitoring, review, and improvement of your framework.

How much does a Risk Management Framework cost?
The cost varies depending on the specific needs of your organization. We will provide a transparent quote after a free consultation.

Need help with Managing Risks?
Schedule a Free Consultation Today.

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