Risk Management

Reduce risk and ensure compliance with relevant standards and guidelines
by implementing a thorough risk management program.

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Our service delivers the personnel, expertise, and resources needed to execute a risk management strategy
that minimizes risk while keeping your operations running smooth

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The Significance of Risk Management

Many organizations recognize the importance of risk management but often find the process to be more complex and time-consuming than they initially expected.

  • Interconnected Systems Larger organizations with complex, interconnected systems face challenges in identifying risks and determining mitigation strategies that won’t disrupt business operations.
  • Understanding Risk To establish a fully integrated risk management function, it’s crucial to have a clear grasp of interactions and dependencies within the organization and their potential impacts.
  • Resourcing Challenges In-house teams frequently juggle multiple priorities, making it difficult to fully commit to risk management, which limits the resources available for this critical function.

What to Expect from SoterSystems'
Risk Management Service

Our consultants collaborate closely with clients to ensure that their risk management strategy
aligns with their risk appetite, integrates seamlessly with existing processes, and supports
broader business objectives.

Certified Risk Specialists

Our consultants hold Certified Cyber Professional (CCP) certifications and specialize in NCSC Risk.

Partnership with Leading Industry Bodies

We collaborate with the NCSC and other industry organizations to help shape national programs and the future of cybersecurity.

Experience in Large-Scale Service Delivery

We have extensive experience in providing risk management services to some of the world’s largest Critical National Infrastructure (CNI) organizations across key sectors.

Proven Methodologies and Expertise

Our consultants are recognized leaders in cybersecurity risk, audit, and supplier assurance, with certifications and experience in NIST, CMMC, ISO 27001, NCSC CAF, OWASP, and PCI DSS.

A Tailored Approach

We adopt a customized approach to risk management that addresses the unique risks associated with your organization’s processes, sector, and risk appetite.

Why Invest in a Risk Management Service?

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Simplified and Cost-Effective Risk Reduction
A holistic view of risk across the organization allows for the implementation of practical and cost-effective risk mitigation strategies.
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Meeting Certification and Accreditation Requirements
Effective risk management ensures compliance with the quality standards demanded by auditors and accrediting bodies.
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Easily Adopt New Standards and Legislation
Align your cybersecurity program with new standards, legislation, and evolving business strategies seamlessly.
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Adapt to Changing Risk Levels
Manage the impacts of shifting risk levels and create suitable continuity plans.

Initiate Your Risk Management Process

Talk to one of our consultants to explore how we can
assist your organization with a cyber security audit.

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How Our Risk Management Service Works

Our risk management service covers all types of risks, including security standards and policies, security controls, information security management systems, and physical security.

  • Step One Our consultants conduct an initial high-level assessment to identify potential risks within your organization and evaluate compliance with industry frameworks or proprietary policies and standards.
  • Step Two Based on the findings of the initial assessment, we may recommend a more detailed, on-site review of any third-party providers associated with your organization.
  • Step Three After completing a comprehensive assessment, we outline and implement a risk management process that addresses identified risks or vulnerabilities, ensuring they are mitigated and compliant.
  • Step Four If needed, our consultants can provide ongoing support to enhance your team and ensure that the risk management process is continuously followed.
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Risk Management FAQs

Soter Systems risk management services are used to
  • Create and implement risk management strategies and programs, along with defining policies.
  • Develop and implement risk tolerance guidelines.
  • Establish and execute business continuity and resilience plans.
  • Interpret risk assessments, benchmarking, and threat intelligence, applying insights to your organization.
  • Provide education, awareness, and training on risk management across the organization.
  • Standardize risk management processes for third-party suppliers.
  • Assist organizations in effectively managing and pragmatically reducing risk.
What is Cybersecurity Risk Management?

Cybersecurity risk management involves identifying, assessing, and addressing risks associated with cyber threats. Its primary goal is to safeguard organizational assets and information. This includes protecting systems and networks from malware and other malicious software, as well as ensuring the integrity and availability of data. Additionally, cybersecurity risk management aims to prevent disruptions to business operations and ensure the continuity of essential services.

What Does Soter Systems Require From Our Organisation to Carry Out Risk Management?

This will be outlined in the scope of work and will vary based on the required deliverables and outcomes. It typically includes access to documentation and relevant teams and stakeholders within the organization. This access facilitates the refinement of the risk management process, clarifies roles and responsibilities, and aids in developing treatment plans. Additionally, having access to information about the systems in scope or any existing risk materials—such as reports or assessments—will support the engagement.

How Long Does Risk Management Take?

The duration of the engagement varies based on the scope, current maturity, and specific requirements. Some clients may need only a few days of advice and guidance, while others prefer to engage Bridewell for more in-depth analysis or to temporarily or permanently alleviate the demand on their own resources.

Risk management is an ongoing process, and Bridewell shares knowledge, best practices, and examples with clients to help organizations mature and sustain their risk management practices independently.

Is There Anything Else Needed for Risk Management?

Ideally, an organization should have an asset inventory, existing risk assessments, and established risk management processes, including previous risk assessment results. We understand that organizations vary in maturity, and not all of these elements may be fully available or complete.

Allocating internal resources to support the engagement and risk management process is advantageous. Effective communication within the organization about the importance of risk management and the expectations for staff and teams can further support the initiative. It’s also helpful to explain the organization’s reasons for prioritizing risk management, such as supporting an ISO 27001 implementation or pursuing new business opportunities.

Why Us?

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Awards
Our team has received several prestigious industry accolades, including the 'Best Security Company of the Year' at the 2024 Cyber Security Awards and 'Best Cyber Security Company in Europe' at the 2024 Cyber Security Awards.
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Certifications
Our team and services are highly recognized by prominent industry organizations such as CREST and the NICCS. Our Security Operations Center (SOC) boasts numerous accreditations from CREST, including CSIR and SOC2, and collaborates closely with our cyber consultancy services.
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Partnerships
As a Microsoft Partner, we possess advanced specializations in Cloud Security and Threat Protection. We have also executed some of the largest deployments of the Microsoft Security stack in the USA, including Sentinel, Defender, Purview, and others.

Accreditations and Certifications

We offer the highest number of NCSC-assured services among cyber security providers. Our
consultants and services are globally recognized for adhering to the highest
accreditation standards and hold prestigious industry certifications.

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NICCS Cyber
Incident Exercising
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NICCS Consultancy:
Risk Management
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NICCS Consultancy:
Audit & Review
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NICCS CHECK
Penetration Testing
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NICCS Cyber
Incident Response (Level 2)
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NICCS Consultancy:
Service Architecture

Ready to Move Forward?

Start your journey to enhance your cyber resilience, strengthen your security posture, and minimize cyber risks with our all-encompassing Security Advisory services.