Risk Management

Mitigate risk and ensure compliance against relevant standards and guidelines by establishing a comprehensive risk management program.

Our service provides the people, expertise, and resources necessary to implement a risk management strategy that mitigates risk without disrupting your operations.

The Importance of Risk Management

Most organizations realize the importance of risk management but often discover the task is more complex and time-consuming than first anticipated.

  • Interconnected Systems Larger organizations with extensive, interconnected systems find it harder to identify risks and how to mitigate them without impacting business operations.

  • Understanding Risk Ensuring a fully integrated risk management function requires a clear understanding of interactions and dependencies across the business and their potential impacts. 

  • Resourcing Challenges In-house teams are often tasked with too many priorities to fully dedicate themselves to risk management, leaving little resource for this essential activity.

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What to Expect from a Risk Management Service by Bridewell

Our consultants work closely with our clients to ensure their risk management strategy reflects their risk appetite, integrates with existing processes, and supports their wider business goals

Certified Risk Specialists

Our consultants have Certified Cyber Professional (CCP) certifications and NCSC Risk specialisms.

A Partner with Leading Industry Bodies

Our consultants work closely with the NCSC and other industry bodies to help shape national programmes and the future of the cybersecurity industry.

Experience Delivering Services at Scale

We have experience delivering risk management for some of the world’s largest CNI organisations across critical sectors.

Proven Methodologies and Expertise

Our consultants are established leaders in cybersecurity risk, audit, and supplier assurance, with certifications and experience in advising on NIST, CMMC, ISO 27001, NCSC CAF, OWASP and PCI DSS.

A Tailored Approach

We take a tailored approach to risk management that reflects the unique risks inherent to your organization's processes, sector, and risk appetite.

Why is it worth taking on a
Risk Management Service?

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Simplified and Cost-Effective Risk Reduction

Risk Mitigation Having a comprehensive view of risk across the organization enables you to easily apply pragmatic and cost-effective risk reduction strategies.

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Certification and Accreditation Requirements

Effective risk management to meet the quality and standards that auditors and accreditors require.

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Easily Adopt New Standards and Legislation

Seamlessly align your cybersecurity programme with new standards, legislation, and business strategies.

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Adapt to Changing Risk Levels

Manage the consequences of changing risk levels and develop appropriate continuity plans.

Start your Risk Management Process

Speak with one of our risk management experts to see how we can support your organization in reducing risk and meeting regulatory demands.

How our Risk Management service works

Digital Waves

 

Our risk management service encompasses all types of risk from security standards and policy, security controls information, security management system, to physical security. 

  • Step one: Our consultants perform an initial high-level assessment to identify potential risks within your organization and where they fall short of industry frameworks or proprietary policies and standards.
  • Step two: Depending on findings from the initial assessment, our consultants may advise whether any of your organization's third-party providers need a more in-depth, on-site visit and review.
  • Step three: Having conducted a complete assessment, we then outline and implement an risk management process that addresses any identified risks or vulnerabilities to ensure they are mitigated and compliant.
  • Step four: If required, our consultants can be utilized on an ongoing basis to augment your team and ensure this risk management process is adhered to on a continuous basis.

Risk Management FAQs

  • Create or deliver against risk management strategies and programs and define policies.
  • Develop and/ or implement risk tolerance guidelines.
  • Develop and/ or implement business continuity and resilience plans.
  • Interpret Risk Assessments, benchmarking and threat intelligence and apply it to your organization.
  • Provide education, awareness and training on risk management to the organization.
  • Standardize risk management processes for third-party suppliers.
  • Help organizations to manage and pragmatically reduce risk.

Cyber security risk management is the process of identifying, assessing, and responding to risks posed by cyber threats. The goal of cyber security risk management is to protect organizational assets and information. This includes protecting systems and networks from malware and other malicious software, as well as ensuring that data is not lost or corrupted. In addition, cyber security risk management also seeks to prevent disruptions to business operations and to ensure the continuity of critical services.  

This will be detailed in the scope of work and depend on the required deliverables and outcomes, but often includes access documentation and to the relevant teams and stakeholders within the organization. This helps to refine the risk management process, understanding, roles and responsibilities and treatment plans. Access to information about systems in scope or any existing risk material – such as reports or assessments will help inform the engagement. 

The length of the engagement varies depending on the scope, current maturity and requirements. Some clients require days of advice and guidance, others prefer to utilise Bridewell for more in depth analysis, or to reduce the demand on their own resources on a temporary or long term basis. 

Risk management is an ongoing process and Bridewell share knowledge, best practices and examples with clients to support organizations to mature and continue risk management practices independently.  

Ideally an organization will have an asset inventory, existing risk assessment and risk management processes and a previous risk assessment. We appreciate that organizations operate at different levels of maturity and that not all items might be available or complete.   

Allocation of resources internally to support the engagement and risk management process is beneficial, often with communication to the business on the importance of risk management and what is required from staff and teams to support the initiative, along with the organizations reasons for focusing on risk management (e.g to support an ISO 27001 implementation or new business opportunity). 

Why Us?

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180+ Security Specialists

Our team have diverse experience across sectors and disciplines, and hold accreditations from numerous industry bodies.

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Certifications

Our people and services are highly accredited by leading industry bodies including CREST, the NCSC, and more. Our SOC holds extensive accreditations from CREST (including for CSIR and SOC2) and works closely with our cyber consultancy services.

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Partnerships

As a Microsoft Partner, we also hold advanced specialisms in Cloud Security and Threat Protection. We’ve also implemented some of the UK’s largest deployments of the Microsoft Security stack, inc. Sentinel, Defender, Purview and more.

Accreditations and Certifications

Our cybersecurity consultants and services are globally recognized for meeting the highest standards of accreditation and have leading industry certifications.

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