What is a cybersecurity risk assessment?

A cybersecurity risk assessment is a systematic, in-depth evaluation of an organization’s IT infrastructure, networks, systems and data to identify potential security risks and vulnerabilities.

The main objective of a cybersecurity risk assessment is to understand your organization’s exposure to various cyber threats and the potential impact of these threats on your operations and its assets.

During the risk assessment process, our cybersecurity professionals use a combination of methodologies, tools and expertise to evaluate the effectiveness of existing security controls and practices. They analyze your company’s security policies, access controls, data protection measures and incident response capabilities. This assessment also takes into account external factors, such as the current threat landscape and industry-specific risks.

By carrying out a risk assessment, your company gains:

  • A comprehensive understanding of your security position and the areas requiring improvement.
  • The ability to prioritize your resources.
  • The capacity to implement targeted security measures to effectively mitigate identified risks.
  • An essential foundation for developing a sound security strategy.
  • Assurance of organizational resilience in the face of cyber threats.

Choosing the right path for cybersecurity risk management

  • Pinpoint vulnerabilities in IT systems for proactive risk mitigation.
  • Allocate resources efficiently for maximum impact.
  • Ensure adherence to cybersecurity regulations and build trust.
  • Develop robust incident response plans to minimize damage and downtime.

According to a survey unveiled at the latest ITSec Security Summit, the majority (94%) of business leaders say they are concerned about the security of their company’s data, while the most feared threats are ransomware (83%) and phishing (63%).

The consequences of a security breach can be damaging, leading to operational disruption, the compromise of sensitive information and serious financial ramifications. And above all, your company’s credibility can be compromised by cyber-attacks, impacting your reputation in the public sphere. To protect your digital environment, organizations like yours need to implement a multi-layered defense strategy that includes regular software updates, vigilant network monitoring and comprehensive employee training programs.

Only 20% of SMBs surveyed rated their level of protection against cyber-attacks as excellent, while only 12% had a Privileged Access Management solution (PAM).

A study conducted by Devolutions | Reference TVA Nouvelles, June 2023 (available in French)

Better IT security starts with better risk management

Cybersecurity starts with effective risk management. Find out how to strengthen your IT infrastructure and protect your organization against new threats.

Don’t wait for the threat to emerge, anticipate it to better defuse it.

Take preventive IT measures with our simplified data protection checklist, strengthening security and ensuring Quebec’s compliance with Bill 25.

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