To begin with, CyberRisk Solutions’ holistic approach defines a matrix which is measured against a common maturity model (CMM). This allows the company to identify the residual risk and gaps within their clients’ organization. Once the current state of security is identified, CyberRisk Solutions helps its clients prioritize a roadmap to attain the expected level of maturity based on impact, likelihood, and cost of remediation of the attack. The company then leverages its range of GRC products—including GRC management tool, policy and procedure development, incident response plan development, and business continuity planning—against the determined strategy to reach the required maturity.
Although the company primarily caters to healthcare, retail, energy, and financial services industries, CyberRisk Solutions’ ‘single pane of glass’ for proactive defense is also being harnessed by school districts, European companies for GDPR, and the is currently being reviewed by government organization in the Latin American market. Understanding the solution providers’ ability to cover 45 percent of the attack vectors, CyberRisk Solutions has partnered with technology companies across the US to offer their clients an overall ring of security level of protection that. One such public sector client had a technology partner incapable of providing a complete security solution as it required additional training, policies, and instant response. Using CyberRisk Solutions’ ring of security and enterprise risk management framework, the technology partner could help the clients in attaining complete security. “We are saving the world from cybercriminals, one at a time, and our goal is to reach those clients through these partners,” says Tow.
With offices spread across New York, Washington DC, Nashville, Atlanta, and Denver, CyberRisk Solutions has also acquired a European client to expand its global presence. Leveraging their partnerships with the technology companies, the company will be deploying its cybersecurity expertise throughout Latin America and the EMEA (Europe, Middle East, and Africa) market. From a technical perspective, CyberRisk Solutions looks forward to expanding their reach and services and developing automated processes toward risk mitigation.