Mitigating risk through cybersecurity risk assessments

Cybersecurity threats are on the rise for organizations of all sizes – and in nearly every industry. As a business grows, data sharing increases in both volume and frequency with vendors, contractors, partners, and customers. Every one of these digital relationships presents an expanding set of cyber risks. The need for security and privacy measures, and the way they are implemented, must be balanced strategically against the organization’s ability to operate effectively, and to actively pursue its future goals.
 

Regulators, industry associations, and the federal government have issued attestation guidelines and regulatory mandates to address organizational cybersecurity programs. There’s building pressure for companies to prove they have effective controls in place.

At BDO Digital, we help our clients detect, mitigate, and prevent cyber-attacks and breaches that have the potential to disrupt business operations, damage their brand, and cause significant financial losses.

Offering comprehensive cyber risk assessments, we help organizations understand the current state of its cyber program, identify potential gaps and risks, remediate those gaps and risks, and ultimately implement an effective cybersecurity framework. BDO Digital’s cyber security risk assessment evaluates the following:

  Application Security
Are your applications protected from outside threats?
    Event Management
Do you know what to do if there is a cyber breach?
             
  Data Protection
Do you know where your sensitive data is stored and how it is protected?
    Vendor Management
What are the security practices of third party vendors who have access to your systems and data?
             
  Identity and Access Management
How well do you control who accesses your systems and data?
    Training
How aware are your people about their cyber responsibilities?
             
  Infrastructure Managment
How well is your network protected?
       

 

Negative events are inevitable—that’s why it’s important to have controls in place to minimize the negative events, processes to quickly recognize they have occurred and a plan to manage their impact and recover from them. A cyber risk assessment and gap analysis can be used as the basis for an action plan in case of a cyber breach where you can evaluate cyber risks and vulnerabilities to your business.  
 

The BDO Digital Approach

BDO Digital integrates select components of the major cybersecurity frameworks, including NIST, ISO, AICPA, and HITRUST, measuring against regulatory and legal guidance and requirements such as HIPAA, NYDFS, and GDPR, to optimize risk mitigation. This approach results in a comprehensive program and maximizes alignment across the organization. Our talented professionals have experience in a wide variety of areas, including international standards, healthcare, defense, and financial services.  
 

We provide a range of technology services, including vulnerability and penetration testing from both an external and internal network perspective, as well as phishing campaigns.  
 

Rank your security controls against attack methods with our threat-based security risk assessment for cyber security.

Our team has developed a tool to perform a data-driven assessment of your security controls, rank them against the attack methods that put you at risk, and help you make informed investments to protect you against the vulnerabilities that impact your organization most.
 

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Interested in learning more about BDO's cyber security assessment services?

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