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Cybersecurity Risk Management

Effective cybersecurity protection begins with a thorough and accurate understanding of your current risk profile. Our experts deliver the visibility and insights required to ensure your organization operates smoothly and without disruption. Through a cybersecurity risk assessment we evaluate an organization’s existing technology, security controls, policies, and procedures to identify potential threats or attacks that could impact the company’s most critical assets and data.

Cybersecurity Risk Management

Overview

Cybersecurity Risk Management

Typical Outcomes

A vCISO offers the expertise of a seasoned security officer without the overhead of a full-time hire, ensuring your organization remains secure and compliant.

  • 42% reduction in effort to map security controls to applicable regulations
  • 20% cost savings in risk assessment and related processes
  • 50% reduction in the time required to complete risk assessments

Business Enablement Through Our Service

Below are some factors that our cybersecurity risk management service enables your business.

  • Implementing a comprehensive, enterprise-wide approach to cybersecurity risk management and resilience
  • Providing quantified and contextual risk information from across processes and assets
  • Correlating cyber vulnerabilities with IT assets and prioritizing remediation efforts based on their criticality
  • Enhancing the communication of cyber risk exposure to senior management and the board

Service Highlights

Key features of our vCISO service to enhance your organization's security posture.

  • Tailored cybersecurity strategy
  • Continuous threat intelligence
  • Third-party vendor risk management
  • Regulatory compliance support
  • Employee security training
  • Regular security updates and reporting

Benefits

At Cyrvana, we are committed to delivering unparalleled cybersecurity solutions tailored to meet your unique needs. Here’s why we stand out from the rest.

Enables proactive risk management and decision-making

A cybersecurity risk assessment provides a compelling argument for the need for a cybersecurity program to executives and stakeholders. This sets the path for proactive cybersecurity risk management and better decision making.

Focus on critical cyber exposure

Rapidly identify and prioritize high-risk scenarios using possible attack paths that map asset, identity, and risk relationships to critical assets, ensuring protection of the most valuable assests.

Mitigate cybersecurity risks and Increase Resiliency

Understanding which assets are vulnerable to data breaches allows you to implement additional security measures to protect them. A proactive approach also helps reduce the costs associated with security incidents by preventing or minimizing cyber attacks and vulnerabilities before they can be exploited.

Robust Cybersecurity Compliance

Streamline and monitor compliance with various IT regulations and standards through an integrated approach. Harmonize control sets across multiple regulatory requirements to eliminate redundancies. Certain cybersecurity regulations, standards, and laws mandate that organizations conduct cybersecurity risk assessments.

Obtain Appropriate Insurance Coverage

Conducting a cybersecurity risk assessment is often a prerequisite when applying for cybersecurity insurance. Insurers evaluate your cybersecurity posture to determine the appropriate plan based on your organization’s risk level and potential exposure to cyber threats.

Our Methodology

What's Involved

Feel free to reach out to us and discuss your needs.

Schedule Your Consultation

Schedule an initial consultation with our experts. During this meeting, we will discuss your organization's unique challenges and goals. In this step we would also determine the scope of the assessment. This could be either for the entire organization or focus on a specific department.

Discover

Once the scope is defined, next step would be to establish current assest inventory within the scope bounadaries. Along with this information it is crucial to identify the "crown jewels" — the highly sensitive data, intellectual property, or critical applications and assets that are most valuable to the business. By clearly recognizing these high-priority assets, organizations can focus on protecting them and implement targeted security controls to safeguard what matters most.

Identify Threats & Vulnerabilities

This steps involves collecting information on potential cyber threats and attack vectors specific to your organization’s industry, geographic location, and business operations. It's also beneficial to review past security incidents, data breaches, and cyberattacks within your industry to identify common trends and hacker tactics. Perform scans and assessments to detect vulnerabilities in your systems, networks, and applications that could be exploited by attackers. To identify cyber vulnerabilities and threats effectively, organizations can leverage established frameworks, methodologies, and third-party research reports tailored to each asset. Additionally, our team customizes relevant questionnaires and scans to automatically generate a comprehensive cyber profile for the customer. CYRVANA also conducts rapid external scans to identify critical vulnerabilities in publicly accessible IPs and URLs, covering aspects such as ports, protocols, encryption, and websites. Additionally, internal scans for Office 365, Active Directory (AD), and endpoint security configurations is also completed.

Assess Risk

Based on the outcomes of the previous phase risks and their potential impact will be evaluated. We take into consideration your industry sector's attack types as there is a high likelihood that you could face the same threats. To gauge potential impact, assess the operational, business, reputational, and financial consequences of each compromised asset, we leverage the FAIR framework to quantify risk. To prioritize risks effectively, we use a cybersecurity risk analysis matrix where risks are classified into high, medium, and low, based on their risk scores.

Report and Communicate

Based on the assessment findings, it's essential to plan how to communicate findings and recommendations to your organization's executives and board of directors. Effective board reporting ensures that key decision-makers are well-informed about potential risks and necessary actions. As part of this process, we provide strategic recommendations for managing identified risks and implementing appropriate solutions to keep the risks within acceptable levels. We create remediation tasks, assess their relevance and impact, and generate a prioritized task list. Each task is clearly and intuitively explained, ensuring easy understanding and implementation. Tasks range from technical controls and administrative procedures to security component configurations and beyond. All of this are documented and all risk-related information entered into a risk register, which should be regularly reviewed and updated with relevant details.

Ready to Secure Your Business?

Don’t wait for a cyber threat to strike. Protect your business with Cyrvana’s expert cybersecurity solutions.
Commonly Asked Questions

FAQ

Find answers to common questions about our Cybersecurity risk management services.

Cybersecurity risk assessments should be conducted regularly—typically annually—and also whenever significant changes occur in the organization, such as new technologies, changes in business operations, or following a security incident.

Key participants should include IT and cybersecurity professionals, risk management teams, and representatives from relevant departments such as compliance, legal, and operations. Engaging these stakeholders ensures a comprehensive evaluation of risks across the organization.

Organizations can use the results to prioritize and implement security measures, allocate resources effectively, and develop or update security policies and procedures. The findings also support compliance with regulatory requirements and help in improving overall security posture.
Our Differentiators

Our Differentiators

Expert Leadership in Cyber and Privacy

With years of experience in cybersecurity and privacy, our team of experts brings unparalleled leadership and strategic insight. In our role as your business and technical advisors, we translate cybersecurity into your business language and aligning it with your business strategy. Our team comprises of experienced and seasoned Cyber leaders who are multi-skilled across security & privacy strategy, operations, threat research, technology operations, and program management.

Thought Leaders In Cyber and Privacy

Our thought leadership in cybersecurity and privacy helped us to grow as a trusted advisor, guiding organizations through complex digital landscapes. We actively seek to optimize customers' existing investments in security tools and solutions and augment those resources with our expertise, framework and processes that are contextualized to that specific customer. We offer insights that go beyond conventional solutions by staying ahead of emerging threats, regulatory changes, and technological advancements. This expertise has enabled us to craft proactive strategies that enhance security and privacy postures of our customer and foster trust in their digital ecosystems.

Our Value Proposition

Value Proposition

All our services are designed with customer obsession in mind with strong emphasis in bringing value to your business.

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Speed to Maturity

Ability to move your cybersecurity program up the maturity curve rapidly with proven methodologies, technology & processes, and people powered by CYRVANA.

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White-glove Operating Model

CYRVANA's cybersecurity capability along with delivery excellence to orchestrate cybersecurity program while working closely with customer’s teams ensures the desired outcome for the customer.

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Dedicated Subject Matter Expert

A dedicated technical SME will be assigned ensuring timely management of cybersecurity program issues and needs.

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Fit For Purpose

Move away from one-size-fits-all model to a bespoke model with standardization at core with flexibility at edge. This is paramount as we work together to build the cybersecurity program.

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Sector Specific Context

CYRVANA's depth of expertise in various sector and industry specific threat use cases are key to achieve effective outcomes in cyber defense. We leverage and share experience of delivering such services with other customers in the same sector.

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Ecosystem Partnerships

CYRVANA leverages it's alliances and ecosystem partners when deemed fit to solve customer challenges. Alliance and ecosystem partners are cornerstone of CYRVANA's solutions and competency.

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Years of Industry Experience Between Leaders

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Business Value Generated

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Partnerships and alliances to deliver cyber and privacy services.

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Professional Certifications Attained and Maintained Between Consultants

Why Customers Choose CYRVANA

Our proactive approach has led to a significant decrease in security incidents across our client base, ensuring a more secure digital environment.

11+ Years: Track record disseminating knowledge and insight.
25+ Successful Projects: Demonstrating our ability to implement effective solutions.
15+ Industry Certifications: Showcasing our commitment to continuous learning and excellence in cybersecurity.
Related Services

Related Services

Below are related services offered by CYRVANA that may be leveraged to address your challenges.

Cybersecurity Policy Development

Devise applicable security policies.

Cyber Risk Board Reporting

Articulate cybersecurity risk to the board.

Cybersecurity Program Development

Build or enhance your cybersecurity program.

Culture of Security

Build a culture of security through training and awareness.

Our Success Stories

Real Results, Real Impact

Discover how CYRVANA has helped businesses across industries enhance their cybersecurity, achieve compliance, and navigate digital transformation. Our case studies showcase tangible results and the powerful impact of our tailored solutions.

Securing a Growing E-commerce Platform

An emerging e-commerce platform faced increasing cyber threats as they scaled. With customer trust at stake, they needed a comprehensive solution to protect sensitive data and prevent breaches. CYRVANA implemented a full-spectrum cybersecurity plan, including risk assessments, data encryption, and ongoing vulnerability scans. With these protections in place, the platform was able to continue growing confidently, knowing their customer data and financial transactions were secure, ensuring a safer online shopping experience for their users.

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Enabling Compliance for a Healthcare Provider

A healthcare provider was struggling to meet the strict requirements of HIPAA and ensure the safety of patient information. CYRVANA’s team developed a customized compliance roadmap, which included secure access management, encryption, and regular audits. By integrating these security measures, the healthcare provider not only achieved full compliance with HIPAA regulations but also enhanced the overall security posture of their systems, leading to improved patient trust and safety. CYRVANA’s proactive approach ensured that the healthcare provider remained audit-ready at all times.

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Enhancing Cyber Resilience for a Financial Institution

A financial institution needed a strong defense system to mitigate the growing risks of cyber-attacks and ensure continuity of operations. CYRVANA designed a comprehensive cybersecurity framework, including advanced threat detection systems, a detailed incident response strategy, and a disaster recovery plan. This approach enabled the institution to minimize disruptions and reduce the potential impact of cyber threats. By strengthening their cybersecurity posture, the institution significantly boosted their resilience against attacks, allowing them to maintain business operations without compromising customer trust.

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Blog Posts Related To Cybersecurity Risk Assessments

Featured Insights

Section 500.04 of the New York state regulation 23 NYCRR 500 mandates companies with over 10 employees, $5 million in gross annual revenue, and $10 million in year-end total assets must designate a qualified individual to oversee Cybersecurity. In 2019, the state of South Carolina passed the South Carolina Insurance Data Security Act which specifically requires a designation responsible for the information security program. These are just a few and there are more that mandate an in-house CISO or a shared CISO. It’s no longer an option NOT to have a cybersecurity leader to orchestrate a cybersecurity program that will protect your critical assets and manage risk. There are no exceptions. Even if you are a small medium enterprise or even a start-up in a basement there are ways you can engage us to address your cybersecurity needs before it’s too late.

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