Overview
Risk assessments are used to identify, estimate and prioritise risks to organisational operations and assets resulting from the operation and use of information systems.
We help you understand how employees and assets affect the profitability of the business, and which risks could result in significant losses. From there, we help you enhance your IT infrastructure and controls to reduce the risks that could lead to financial or reputational harm.
Our risk assessment approach
- Find all vulnerable assets.
- Identify potential consequences.
- Identify threats and their level.
- Identify vulnerabilities and assess the likelihood.
- Assess the risk.
- Create a risk management plan.
- Define a strategy.
- Define mitigation processes.
What Is an Information Security Risk Assessment?
An information security risk assessment is a structured process for identifying the threats to your information assets, judging how likely and how damaging each one is, and deciding what to do about it. It answers three questions every business should be able to answer: what could go wrong, how bad would it be, and what are we doing to prevent it.
Rather than reacting to incidents after they happen, a risk assessment lets you make deliberate, informed decisions about where to invest in security, focusing effort and budget on the risks that actually matter to your organisation.
Why It Matters
Risk assessment is the foundation of every credible security programme and the starting point of almost every standard. ISO 27001, SOC 2, HIPAA and others all require you to assess risk before selecting controls, because controls only make sense once you know what you are protecting against.
Done well, it also prevents wasted spend. It stops you over-investing in low-value controls and under-protecting the assets that would genuinely hurt the business if compromised.
How We Conduct Your Risk Assessment
- Asset identification, mapping the information and systems that matter.
- Threat and vulnerability analysis for each asset.
- Risk scoring by likelihood and business impact.
- A prioritised risk register.
- A practical risk treatment plan, what to fix, accept, transfer or avoid.
- Alignment to ISO 27001 and other frameworks where relevant.
Key benefits
- A clear, prioritised view of your real security risks.
- Confident, evidence-based decisions on where to invest.
- A ready foundation for ISO 27001, SOC 2 and other certifications.
- A reusable risk register your team can maintain over time.
- Reduced likelihood and impact of security incidents.
Frequently asked questions
Why is a risk assessment important?
It identifies what could harm your information, how serious each risk is, and what to do about it, letting you focus security investment where it matters most and meet the requirements of standards like ISO 27001 and SOC 2.
What is a risk treatment plan?
It is the decision, for each significant risk, on how to handle it: reduce it with controls, accept it, transfer it (for example via insurance), or avoid it by changing the activity. It turns your risk assessment into concrete action.
Is a risk assessment required for ISO 27001?
Yes. A documented, risk-based approach is central to ISO 27001. The standard requires you to assess risks and select controls to treat them, making risk assessment a mandatory first step toward certification.
How often should we reassess risk?
At least annually, and whenever there is a significant change, new systems, new services, major organisational change or a security incident. Risk is not static, so the assessment should be kept current.