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Cyber Risk

Cyber risk is a fast-growing area of business vulnerability and one on which the public spotlight repeatedly shines.

Many organisations think of cyber risk only in terms of cybersecurity, but this is just one area of vulnerability. The risks and rewards can be much broader, particularly in a transformational context and considering competition and digital value drivers, but scaling to leverage those opportunities without losing control is problematic.

Are the controls you have in place sufficient to counteract the increasing frequency and number of cyber vectors faced by your company?

Meercat RiskView Cyber Risk Functionality - Counteract & mitigate cyber vectors

To Succeed:

Cyber risk needs to be seen in the broadest context of business as usual and enabling new and more efficient modes of operation, with the shared responsibility that follows.

Every risk that depends on technological support depends on an assessment of cyber risk and the related controls.

Awareness of exposure paths and the high-speed means to prevent and mitigate the types of disruptions that can occur need to be resourced correspondingly.

Management failure to invest properly in cybersecurity controls can undermine business-as-usual resilience.

Without a centralised cyber risk management tool, it is unreasonable to expect those accountable to stay on top of fast-developing standards and ever-emerging threats.

What Good Looks Like:

Outsourcing infrastructure hosting to cloud providers can deliver higher levels of basic security but control frameworks still need to be rigorously and continuously verified, especially where layers of infrastructure cross multiple boundaries.

Maximising engagement across a wide range of stakeholders and subject matter experts ensures a broad range of vulnerability pathways are identified, assessed and the right controls applied.

Infrastructure complexity can be managed with standardised risk visualisation methods to ensure a shared understanding of threats and treatment, prevention and mitigation.

Accountability boundaries need to be clearly defined to ensure that control intent, implementation, and monitoring align with the specific vulnerability pathways identified.

To read more on this topic take a look at:

World Economic Forum Article: Cyber risk is a growing challenge. So how can we prepare?

A positive outlook for the global economy shouldn’t engender complacency. As described in the Global Risks Report 2018, the rapidly shifting global risks landscape presents a challenging operating and investment environment for businesses. Read More

 

Gartner Article: The New World of Cyber

Cybersecurity has never been more relevant with crippling ransomware attacks, and now Spectre and Meltdown, security and risk management leaders must agree on how to define and address risks and threats in a new digital environment. The mission of cybersecurity must evolve to accommodate these concerns. Read More

CSO Online Article: Cyber risk management challenges are impacting the business

Organizations struggle with continuous monitoring, tracking the threat landscape, identifying sensitive data flows, and communication between cybersecurity and business executives.

There was quite a bit of banter about boardroom cybersecurity actions at this year’s RSA Security Conference. No surprise here; business executives understand what’s at stake and are asking CISOs to provide more cyber risk data and metrics, so they can work with them on intelligent risk mitigation strategies. Read More

Benefits

Meercat RiskView Benefit Ease of Use

Ease of Use

With Meercat Riskview training is made simple and the software is intuitive – it’s easy to use for anyone. You can automate tasks so nothing falls through the cracks. Best of all you can save time and money with our user-friendly software.

Meercat RiskView Software Benefit Drive Standardisation

Drive Standardisation

Eliminate human errors by customising your own templates in our software that will integrate seamlessly with your current systems. This minimises variation across all aspects of your risk assessment and control verification processes.

Meercat RiskView Software Benefit Accelerate Risk Management Maturity

Accelerate Risk Management Maturity

Maximize your business success with risk-informed strategic decision making.

Meercat RiskView Software Benefit Single View of Risks and Controls

Single View of Risks and Controls

Eliminate spreadsheets and versioning headaches with our software. We help you control and watch any potential risks at a glance. Dissolve risk silos by bringing together risks from across your business in a single easy to understand view.

Meercat RiskView Software Benefit Ease of Collaboration

Ease of Collaboration

Deliver organisation-wide visibility and transparency by assigning permissions on risk registers to your team members and giving them access to relevant workflows. Share the relevant information with a click of a button and help make decisions easier with our workshop functions.

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