Compliance Maturity Assessment

---

IT Risk Management is about having a greater understanding of an organisation’s IT risk universe and utilising this "risk intelligence". Risk intelligence, simply stated, is to utilise the intelligence about the organisation's IT internal and external environments and how it can be prepared to prevent or quickly detect and correct potentially high impact risk events.

IT Risk Management can enable the organisation to:

•  Achieve a better balance between protecting existing IT assets, delivering a risk focus service, and managing risks associated with future growth
•  Place more emphasis on cross-functional preparedness, thus avoiding mere reaction and event management
•  Generate timely, reliable IT Risk information that can be shared across organisational silos
•  Expand "risk awareness" of all IT risks to the business
•  Achieve a different understanding of the nature of risk and reward
•  Develop an insightful cost-benefit analysis of the management of specific IT risks.
• Identify the gaps that exist between an internal control framework and the one required to achieve compliance.
• Prepare for audits and examinations.
• Prioritize the implementation of cybersecurity controls and allocation of resources (time, money, and human capital). 
• Prioritize cybersecurity improvement initiatives.

At ITSecurityMind we understand IT  Risk Management and perform several services:

•  IT Risk Assessment
•  Single-Point-of-Failure Analysis (SPOF)
•  Benchmarking IT Risk Maturity