Cyber Security Risk Assessment
Secure your business with an expert cyber security risk assessment
Strengthen cyber security with expert-led risk assessments and tailored workshops
In today’s ever-changing digital landscape, the increasing sophistication of cyber threats demands a robust, evolving cyber security strategy. Risk assessments are vital to providing relevant and effective security activities. Until you know where your threats are coming from and what vulnerabilities or weaknesses exist, you will not know where to apply controls.
At LRQA, we help organizations assess and understand their risk profile by identifying key threats and vulnerabilities through comprehensive cyber security risk assessments. Our approach ensures you can proactively manage threats, minimize vulnerabilities, and maintain compliance with regulatory frameworks.
Award-winning expertise
Our cyber security team continues to achieve multiple vendor certifications, highly respected industry accreditations and international accolades, demonstrating the breadth, depth and impact of their services.
Our Cyber Security Risk Assessment Service
Our cyber security risk assessments go beyond traditional evaluations by incorporating hands-on workshops that involve your key stakeholders in the risk management process, ensuring that you not only identify risks but also gain the skills to manage them effectively.
Our Cyber Security Risk Assessment process
LRQA’s cyber security risk assessment process is uniquely designed to not only assess your organization’s current security posture but also to empower your team through interactive risk workshops. These workshops are integrated into each stage of the risk assessment, providing real-time education and practical tools that your team can use to manage risks effectively.
1. Comprehensive threat and risk identification
Our process begins with an in-depth analysis of your systems, data, and operational landscape to identify critical threats and vulnerabilities. As part of this, our risk workshops bring your team into the process, helping them understand the risk landscape and actively participate in identifying key threats.
2. Vulnerability assessment with hands-on training
Our experts conduct detailed vulnerability assessments to highlight weak points in your digital infrastructure. During this stage, we integrate risk workshops that educate your team on assessing vulnerabilities, enabling them to apply this knowledge directly to your organization’s systems.
3. Risk quantification and risk register creation
Quantifying risks is crucial for prioritising cyber security efforts. Through our workshops, your team will learn how to measure the potential impact of identified risks, and together, we create a detailed risk register that can be used to monitor risks continuously. This includes walking your team through the process of creating and maintaining a risk register, ensuring it becomes a practical tool for ongoing risk management.
4. Tailored mitigation strategies and continuous risk management
With the identified risks and vulnerabilities clearly defined, we work with your organization to develop a customised mitigation strategy. The final stage of the workshop focuses on applying effective and appropriate controls to mitigate these risks and establish a long-term risk management process. We ensure your key personnel understand how to maintain and regularly update the risk register, ensuring cyber security resilience over time.
Our approach to Cyber Security Risk Assessments
At LRQA, we recognise that cyber security risk assessments are most effective when combined with practical education. Our cyber security risk workshops are designed to ensure that your team not only understands the assessment results but also knows how to apply them.
Our risk workshops cover:
- Risk Introduction and overview: Understanding the basics of cyber security risks and their impact on your business.
- Risk components and vulnerability Identification: Hands-on training in identifying the components of risk, including threats, vulnerabilities, and impacts.
- Asset identification: Facilitated sessions to work with business units to identify valuable assets and their risk profiles.
- Risk register creation: Guiding your team through the development of a practical and usable risk register.
- Ongoing risk management: Ensuring your team knows how to regularly review and update the risk register, applying effective controls and monitoring progress.
By integrating risk workshops into the cyber security risk assessment process, LRQA ensures that your organization is not only protected but also empowered to manage cyber security risks effectively. At the end of our engagement, you will have:
- A detailed risk register tailored to your organization
- A trained team equipped with practical risk management skills
- Clear mitigation strategies to address current and emerging risks
A culture of proactive risk management that can adapt to future challenges
Why work with us?
Specialist expertise
Our cyber security experts hold multiple vendor certifications and accreditations as well as highly respected industry accreditations from CREST, the PCI SSC, ISC2, BCI, Chartered Institute of IT, and NCSC CHECK.
Industry leadership
We lead and shape industry on advisory boards and councils including the PCI SSC Global Executive Assessor Roundtable and CREST councils in the Americas, Asia, EMEA and the UK. We are certified by a range of governing bodies including the payment card industry and are approved as a Qualified Security Assessor.
Everywhere you are
Operating in over 55 countries, with more than 250 dedicated cyber security specialists and over 300 highly qualified information security auditors across the world, we can provide a local service with a globally consistent dedication to excellence.
Award winners
We have been recognized for the breadth and depth of our services – including the TEISS Award for Best Penetration Testing Service in 2024, Enterprise Threat Detection and Cloud Security awards at the Security Excellence Awards 2024 and the Stratus Award for Best Managed Cloud Security Service.
Who should be involved in a cyber security risk assessment?
To make cyber security risk management a core part of your organization’s operations, it’s essential to involve the right people in the process. The following roles should be involved:
- IT Directors, CISOs, and solution architects: Ensure technical expertise is available.
- Operational unit heads: Identify key business assets and understand their value.
- HR and facilities managers: Manage internal threats and physical security vulnerabilities.
The goal is to ensure your leadership team is aligned with your organization’s cyber security goals and equipped with the knowledge to implement controls.
The world leader in CREST accreditations
We are proud to be the only organization in the world with a full suite of accreditations from The Council of Registered Ethical Security Testers (CREST).
Our team of consultants have achieved the highest accreditations for Penetration Testing, Red Teaming, Incident Response services and Threat Intelligence. In addition, we were also the first organization to be CREST accredited for our Security Operation Centre services.
