
As a business owner, you're likely aware of the growing threat of cyber attacks. In fact, 60% of small and medium-sized businesses have experienced a cyber attack in the past year.
Cyber risk consulting can help mitigate this risk. This type of consulting involves assessing an organization's vulnerabilities and developing strategies to protect against cyber threats.
Cyber attacks can have devastating consequences, including financial losses and damage to reputation. In 2020, the average cost of a data breach was $3.86 million.
By working with a cyber risk consultant, you can gain a better understanding of your organization's security posture and develop a plan to protect your business.
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Cyber Risk Consulting Services
Cyber Risk Consulting Services help organizations protect themselves from cyber threats by identifying and mitigating security and compliance risks. Our team of experts provides a full spectrum of cyber defense capabilities, including threat lifecycle management, managed detection and response (MDR), and exposure management.
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We offer a Virtual Chief Information Security Officer (VCISO) program, which provides access to a full team of seasoned cybersecurity experts at a fraction of the cost of hiring and retaining a full-time CISO. This team helps with cybersecurity roadmaps, infosec policy development, security compliance standards, and more.
Kroll's Threat Lifecycle Management helps organizations tackle every facet of today's and tomorrow's threat landscape. Our end-to-end cyber and physical risk solutions uncover exposures, validate defenses, and implement new controls to fine-tune detections and respond to threats.
Our Managed Security Services augment security operations centers and incident response capabilities with world-renowned cyber investigators and leading technology. We also offer a True Cyber Risk Retainer, which combines flexibility with prompt access to support from a global team of incident response and breach notification experts.
Our services include:
- Cybersecurity Roadmap
- InfoSec Policy Development
- Security Compliance Standards
- DevSecOps
- Security Remediation Tracks Intelligence
- Security Tech Product Evaluations
- Secure Architecture Development
- Risk Management
- Hands-On Technical Support
- Risk Management Model
- Digital risk protection
- Penetration testing
- Red Team exercises
- Incident Response Tabletops
These services are designed to help organizations respond to the impact of tomorrow's threats today, build trust by managing governance and security, and sustain a security program on a day-to-day basis.
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Threat Detection and Response
Threat detection and response are critical components of a robust cyber risk management strategy. Kroll's Cyber Risk experts leverage frontline threat intel from 3000+ incident response cases every year to provide guidance on protection, detection, and response solutions.
Kroll's Threat Lifecycle Management helps uncover exposures, validate defenses, and implement new or updated controls to mature your cyber posture. With 360-degree visibility, Kroll Responder MDR can see and stop hidden threats.
Here are some key features of Kroll Responder MDR:
- 360-degree visibility to see and stop hidden threats
- Complimentary $1 million incident protection service warranty with no vendor-specific hardware requirement
- Enriched MDR for Microsoft Security with Kroll Responder MDR for Microsoft
- Kroll Responder named as an MDR sector “Champion”, and recognized as an Overall Leader in MDR
Application Threat Evaluations
Application Threat Evaluations are a crucial step in identifying potential vulnerabilities in your systems. This involves evaluating third-party IT and software developers to ensure they meet industry and security application standards.
You might be surprised at how easily a security breach can occur due to a lack of oversight. That's why it's essential to have a third-party review to ensure software code meets industry and compliance requirements.
Here are some key services that can help with Application Threat Evaluations:
- Third-party review to ensure software code meets industry and compliance requirements
- Evaluation of third-party developers, manufacturers, and integrators to ensure they follow secure software coding principles and regulatory guidelines
- Objective analysis and testing of application code for potential bugs, holes, and weak points
- Manual penetration testing for software, systems, and code
- Insight on the most cost-effective solutions for ensuring external providers meet or exceed internal standards and industry regulations
By implementing these measures, you can significantly reduce the risk of a security breach and protect your sensitive data.
Protect, Detect, Respond
Protecting your organization from cyber threats requires a proactive approach. This involves detecting potential threats before they can cause harm and responding quickly to minimize damage.
Kroll's Threat Lifecycle Management helps tackle every facet of today and tomorrow's threat landscape with guidance from experts. Enriched by frontline threat intel from 3000+ incident response cases every year, Kroll's protection, detection, and response solutions immediately mature your cyber posture.
You can't afford to wait for an incident to happen before taking action. With Kroll's end-to-end cyber and physical risk solutions, you can uncover exposures, validate the effectiveness of your defenses, and implement new or updated controls.
Here are some key steps to take in the Protect, Detect, Respond cycle:
- Proactively identify your highest-risk exposures and address key gaps in your security posture.
- Use digital risk protection, penetration testing, and red team exercises to identify previously undiscovered exposures across your digital footprint.
- Leverage frontline threat intelligence from 3000+ incident response cases a year with adversary intel from deep and dark web sources to discover unknown exposures and validate defenses.
- Implement new or updated controls to minimize the risk of recurrence.
- Use a comprehensive services approach to assist in the transition from short-term reaction and response to long-term security.
Kroll's Managed Detection and Response (MDR) solution, Kroll Responder, delivers 24/7 security monitoring, earlier insight into threats, and complete response that goes far beyond simple threat containment. With frontline threat intelligence from 3,000+ incident response cases a year fueling more accurate, faster services across the threat lifecycle, Kroll Responder is consistently recognized as industry-leading by security sector analysts.
By following these steps and leveraging Kroll's expertise, you can effectively Protect, Detect, and Respond to cyber threats and maintain a strong security posture.
Worth a look: Cyber Security Risk Assessment Report Sample
Cybersecurity Governance
Proper cybersecurity governance is crucial for businesses to manage compliance and maintain a secure environment. Without it, daily operations may continue as usual, but a compliance audit can reveal a failed aspect of the governance framework.
Daily operations can mask underlying issues with security governance. This can lead to costly and embarrassing compliance failures.
Cybersecurity governance remediation services can provide peace of mind by setting up cost-effective and efficient systems and procedures for maintaining compliance. These services are tailored to suit the realities of any business.
Managing cyber risk and information security governance issues requires a defensible cyber security strategy framework.
Worth a look: Risk Consulting Services
Governance
Cybersecurity Governance is a complex issue that requires careful management and oversight. Businesses need to ensure they have proper systems in place to manage compliance.
Daily operations can carry on as usual, but a compliance audit can reveal a failed aspect of the governance framework. This is why having a remediation service can provide peace of mind.
For more insights, see: Risk & Compliance Consulting
Kroll's cybersecurity governance remediation services can set up cost-effective and efficient systems and procedures for maintaining compliance. They can also tailor these systems to suit the realities of any business.
Proper cybersecurity governance is essential for managing cyber risk and information security governance issues. Kroll's defensible cyber security strategy framework can help with this.
The State of Cyber Defense report provides a holistic cybersecurity overview of the manufacturing sector. It includes insights from threat intelligence and data breach statistics.
Cyber Defense requires a strategic approach to understanding and balancing technology risks. This approach can help drive responsible growth and confident decision-making.
AI in College
AI in College is becoming increasingly prevalent, with 70% of colleges and universities in the US using AI-powered tools to improve student outcomes.
These tools can help identify at-risk students, allowing educators to provide targeted support and interventions.
AI can also help automate administrative tasks, freeing up staff to focus on more important tasks.
AI-powered chatbots are being used to provide students with 24/7 support, answering questions and helping with technical issues.
Despite its benefits, AI also raises concerns about bias and accuracy, with 60% of educators citing these concerns as major obstacles to implementation.
Frequently Asked Questions
How much do cyber security consultants charge?
According to global averages, freelance cyber security consultants typically charge around $149 per hour. This rate can vary depending on factors such as location, expertise, and project requirements.
Is cybersecurity consulting worth IT?
Yes, cybersecurity consulting is worth investing in, as it provides tailored solutions that align with your business's unique needs and culture. By partnering with a security consultant, you can strengthen your defenses and protect your brand from cyber threats
Sources
- https://guidepostsolutions.com/solutions/security-consulting-threat-assessments/cybersecurity-consulting/
- https://www.boozallen.com/expertise/cybersecurity/cyber-risk.html
- https://www.pwc.com/us/en/services/consulting/cybersecurity-risk-regulatory.html
- https://www.kroll.com/en/services/cyber-risk
- https://kpmg.com/xx/en/what-we-do/services/advisory/risk-consulting/cyber-security-services.html
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