Risk Management and Avoidance

Helping IT leaders ensure their business is protected against operating threats & ensuring compliance

 

With IT fast becoming the foundation of many company’s value and go to market strategies, IT risks are just as quickly becoming key business risks. Whether that translates as service stability, security threats or regulation around how data is managed, such as GDPR, it now has the potential to dramatically affect an organisation’s fortunes.

With the recent malware attacks against computers, risk and security have been elevated to boardroom topics in many companies. IT leaders are finding themselves explaining that these threats are actually an opportunistic consequence of key topics that relate to technical debt and the age of the systems being compromised -what Coeus calls 'Currency'. If boards are truly serious about managing risks to the business, they should prioritise Currency works (view our recent blog).

IT leaders also need to look at the bigger picture: risk management is a whole ecosystem task; having strong passwords means nothing if someone can walk straight into one of a company’s buildings without being challenged.

Each industry also has it’s own set of regulations, many of which contain similar concepts but adapted to meet industry specific threats.

We work in some of the most regulated markets in the world, ensuring our customers are protected against operating threats within their industry and ensuring compliance to avoid reputational and financial reparations.

We regularly work with our clients to help them understand their current state in terms of key risks and define a working roadmap to manage and mitigate. We have risk as a key element in our SIAM models and specialise in areas such as GDPR.  

Currency
Working to build, justify & approve the business case and structured mitigation activities for technology refresh and pro-active lifecycle management; prioritised risk mitigation of aged technologies.

GDPR
Structured approach for raising and clarifying obligation awareness, executing a prioritised assessment of the current impacts, risks and issues. Establishing a mitigation plan of action.

Service Process Maturity
Uncompromising, simplified Coeus approach to service process maturity enabling clients to understand their current and potential capability.

IT Audit
Taking a client value and needs based approach to IT Audit covering value added assurance and architectural review.

BIA
Structured methodology and tools to objectively establish and manage the Business Impact Assessment for existing, new or changed services. Underpinning risk and service based approaches.

Compliance & Security
Regulatory impacts, requirements and obligations, awareness and assessment covering regulations HASI, GXP and Best Practice, SOX, MIFID and PCI; assessment of Security posture and strategy against Best Practice and common standards.