More than ever, companies and investors are focusing their attention on the impact of cybersecurity risks on their business strategy and operations. Information technology has become a critical function, particularly since the rise of Covid-19, which has been both an enabler for businesses to operate but also a target for cybercriminals. Companies that are compromised by these cybercriminals are often faced with tough questions from their shareholders asking why they did not invest in appropriate cybersecurity measures. Similarly, future investment in companies must pass initial and ongoing due diligence to ensure companies are managing these heightened risks more effectively than ever.
CyberSolace can coach internal management teams to bolster their cybersecurity posture and ensure adequate focus and investment is placed in the right aspects for improvement.
Our External Cybersecurity Coaching:
We have more than 40 years of collective experience working with companies, investors, asset managers (traditional and alternatives) and other stakeholders to help design, implement, manage and report on cyber related strategies and risks.
And because businesses come in different types, sizes, models, goals and competencies, sometimes it may make better sense to seek an independent external capability to provide you with the necessary insight and shorten the journey for you based on our experience from the trenches. We can help you:
- Rapidly deploy and establish an Information/Cyber Security Management capability if you don’t have one already.
- Enhance existing skills and knowledge by bringing in a broader experience to the existing structure.
- Reduce or optimise the cost of managing your Cyber/Information Security function.
Cybersecurity Transformation & Strategy
The ability to drive transformational business change such as moving from mediocre to improved performance, wasted investment to cost-effectiveness or turning around a crisis is never a trivial one. It can mean the difference between success and growth, and confidence-loss and failure.
We strongly believe security should be at the heart of all business transformation because it is often too late and too risky if left to the end or as an after thought!
Our philosophy dictates that security considerations should be present across the key stages of any business transformation, e.g. business case definition and strategic alignment, sourcing and development, change project planning and transition to operations, and post implementation reviews.
In a rapidly changing world, the biggest risk is not adapting
We can support your business transformation campaign through a structured and iterative approach to security. Whether it is a small business or a larger multi-stakeholder community, we can help you navigate all the relevant security touch-points. Fortified by our long and varied years of experience in client consulting, we are confident about increasing your chances of success and minimising your security risks to safeguard your investment.
To stay competitive in a global economy, deliver timely responses to changing customer demands, meet increasing service expectations and reduce operational costs, organisations have adapted their processes and business models by adopting emerging business technology. This widespread use of information technology and advances in connectivity have transformed many businesses and transferred information flows from paper or the telephone to digital transactions and databases.
However, these advances also present more opportunities for attackers. The scale of the targeting, coupled with the difficulty of monitoring all possible attack methods, means some attacks will get through.
Foreign states, organised cyber-crime syndicates, low level opportunistic cyber pick-pockets, hacktivists, insiders and terrorists all pose different kinds of threat. They may try to compromise networks to meet various objectives that include:
- Stealing sensitive information for espionage
- Circumventing digital systems/information for fraud or extortion
- Attracting publicity for a cause
- Tarnish reputation or brand image
- Hijacking computer infrastructure to support other nefarious activity
- Disrupting or destroying computer infrastructure or business operations
The unexpected happened…..What then?
The need for cyber resiliency is thus increasingly important for modern businesses. The information systems and business functions which depend on them need to be resilient in the face of persistent, stealthy, and sophisticated attacks.
CyberSolace can help you assess and bolster your resilience against cyber attacks. We can help you improve your ability to Anticipate, Withstand, Recover from, and Evolve to improve capabilities in the face of attacks or adverse conditions.
Planning & Scenario Rehearsals
In our current times and the foreseeable future cyber breaches are an everyday potentiality for all businesses across all industry sectors. No company is immune to cyber breaches or the havoc they can cause when they occur. Be it ransomware, unauthorised remote access, extortion, cyber fraud, or denial of service – a cyber breach can be detrimental for a business if it is not prepared for it. This is why CyberSolace offers its breach simulation service to help organisations prepare for incidents in advance in order to lessen their impact on the business when they hit. Rehearsals are tailored to the unique business context of the client as well as aligned with current cyber-threats.
CyberSolace has also developed an innovative approach to help clients select the best response candidates at their disposal. We do not automatically revert to IT teams but instead we apply Occupational Psychology methods to identify the right individuals in an organisation that would be best suited to operate as incident-responders.
We always involve a multidisciplinary segment of staff from across the business covering senior leadership, IT, legal, corporate communications and business operations to represent a realistic backdrop of stakeholders who would typically be required in a real-life situation.
Breach simulations are a very effective method in helping organisations appraise and bolster their preparedness as well as build their confidence and efficacy when managing real life responses to serious incidents.
Breach Containment Support
However, threat actors are constantly evolving, and technology is invariably susceptible to a stream of newly discovered vulnerabilities. That, coupled with the scale of the targeting and difficulty of monitoring all possible attack methods, means some attacks will get through. If the worst happens, you can call upon us to assist you with the containment, eradication and return to normal business operation. We apply industry best practices in our response strategies and also customise it the context of the client’s business and priorities.
Cybersecurity Pulse Check
Technical Penetration Testing:
Penetration testing is a vital proactive step an organisation can take to uncover weaknesses and holes in its technology infrastructure before the adversaries do. Penetration Testing evaluate the security of the technology infrastructure by simulating an attack from a malicious or dangerous source.
In CyberSolace we believe in a holistic approach to security penetration testing which covers testing of the technical infrastructure and applications, the physical premises, the networks, and equally importantly, the people in the organisation through their levels of awareness.
We can provide CREST and/or CHECK accredited security testing services that would help management focus its resources on what matters and prioritise improvement actions in accordance with the qualified risk.
Attack Surface Discovery:
We help our clients identify their digital footprint and external facing assets, that may carry vulnerabilties, that can subject the business to risk. In simple terms we help organisations locate the forgotten or unaccounted for back doors that could enable an attack path to the organisation’s crown jewels. More about this service can be found <here>
Cybersecurity Risk Assessment:
Risk assessments help you understand the scale and nature of the cyber threat that you face and the valuable business assets that stand to be compromised. It will ultimately help you focus your priorities and channel your investment to what really matters in order to mitigate the risks proportionately.[/fusion_text][/fusion_builder_column_inner][/fusion_builder_row_inner]
Cybersecurity Gap / Maturity Assessments:
We adopt a holistic approach to security and typically our assessments cover multiple facets, comprising People, Process, Technology and Organisation. Yet we mindfully maintain a close attention to external influencing factors such as regulations, standards and emerging business technology and operating models.
We can utilise a number of known industry standards and frameworks to measure, audit or gap-assess your security posture and give you an objective view of how well your security practices measure up or if there are any urgent concerns that need to be addressed. Examples of some of the standards and governance frameworks we can utilise are: ISO 27001, GDPR, UK Government Cyber Essentials Framework and NIST Cyber Security Framework.
Because you cannot protect or improve what you do not know
But we also recognise that not all companies are the same or operate under identical regulations. Thus we can easily tailor an assessment framework that is specific to your business context and is more aligned to your company culture in order to ensure the final outcome is as meaningful as possible to your management.