IT Risk Assessment

Quantitative risk modeling that translates technical findings into financial loss exposure your board can act on.

Definition

What is IT Risk Assessment?

IT Risk Assessment is the disciplined process of identifying, analyzing and quantifying the risks technology poses to an organization's mission, revenue and reputation. Modern assessments move beyond red/amber/green heatmaps and express risk in dollars using frameworks such as FAIR (Factor Analysis of Information Risk) and NIST CSF 2.0.

Overview

How we approach it

We catalog your crown-jewel assets, the threats they face and the controls that protect them.

We then quantify loss exposure using probabilistic Monte-Carlo simulation so leadership can compare cyber risk against other enterprise risks on equal footing.

Output is a living risk register that maps directly to budget, control owners and remediation timelines.

What we do

Scope of the engagement

Asset & threat discovery

Workshops, system walkthroughs and data-flow mapping to identify what matters and what could go wrong.

FAIR quantification

We model loss event frequency and magnitude in dollars, not colors.

Control gap analysis

Mapped to NIST CSF 2.0, ISO 27005, COBIT and your regulator's expectations.

Board-ready reporting

Executive narratives, top-10 risk view, and a multi-year remediation roadmap.

Outcomes

What you walk away with

Risk expressed in dollars, defensible to auditors and the board
Prioritized remediation backlog tied to ROI
Living risk register integrated with GRC tooling

FAQ

Common questions

How long does an assessment take?

Typical mid-market engagements run 4–8 weeks. Enterprise-wide programs run 8–14 weeks.

Do you use FAIR or NIST?

Both. NIST CSF for control coverage, FAIR for monetary quantification. They are complementary.

Other services

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