Board Cyber Risk Advisory

If a company is going to minimize its exposure to attack it needs to have security deeply rooted in its strategy and culture. As such, it is imperative for the Board to set the tone to improve and enhance it. Leading Boards motivate their organizations to foster relationships and increase the level of collaboration, work closely with others in the industry and combat threats that face them as a team.

Overview

Significant cyber attacks are on the rise and companies of all shapes and sizes are under threat. In addition to the threat of significant business disruption, substantial response costs, negative publicity, and lasting brand damage, there is also the risk of liability from shareholders and regulatory agencies.

The Board has the accountability and responsibility to ensure their company is protected and risk is mitigated. And, as part of a new governance paradigm, Boards need to have an enterprise-wide cyber risk management plan; including a response team that is prepared to react to legal ramifications, Board actions and a detailed communication plan for Management.

The Service

CybeRisk’s Board Cyber Risk Advisory has been created to fulfill this objective. We execute a cyber risk and governance framework for your organization and build a bridge for management that facilitates effective communication to the Board. This then enables the Board to make effective and informed decisions on cyber risk.

CybeRisk’s Board Cyber Risk Advisory is tailored to suit your needs and may include:

  • Assessing the risk management framework and its ability to manage cyber risk.
  • Evaluating if the risk management framework includes adequate staffing and budget.
  • Reviewing the security framework.
  • Qualifying the Board’s role in any cyber security or cyber risk oversight capacity.
  • Quantifying the potential legal ramifications from a cyber-breach.
  • Assessing the insurance options available for cyber risk transfer.

Take the Next Step

A cyber breach can happen at any time. Determining whether your organization is prepared can happen in one of two ways: either in the course of a cyber breach or by conducting a War Games exercise. We encourage you to take the latter approach and schedule a conversation with us today by emailing inquiries@cyberisk.biz.

About CybeRisk

CybeRisk Security Solutions (“CybeRisk”), a Finjan Company (NASDAQ: FNJN), was founded to deliver global advanced Cyber Risk and Security Advisory Services. Through a team of elite consultants, who are based in Israel, the USA and UK, we assess your risk exposure, quantify it and empower you with appropriate mitigation strategies.

Our comprehensive array of advanced services combine leading methodologies from across the cyber security and cyber risk spectrum so that a single, multifaceted process for the remediation of cyber risk and the management of cyber security can be provided.

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