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A good risk analysis drives key safety measures

What is cybersecurity risk analysis?

Risk analysis is a methodical process that identifies, evaluates and prioritizes potential threats to your information system. In other words, it's an assessment of your digital security, enabling you to anticipate dangers and implement appropriate protective measures.

 

 

Why is it essential?

 

On the one hand, it is the basis for implementing optimal security measures in your organization.

On the other hand, it demonstrates your organization's diligence and commitment to protecting personal data appropriately.

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  • Risk analysis is generally carried out in several stages:

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    1. Asset identification: This involves identifying all the elements of your information system (data, software, hardware, etc.) that are of value to your business.

    2. Threat identification: Threats can be internal (human error, malicious intent) or external (hackers, viruses, etc.).

    3. Vulnerability assessment: This involves identifying security flaws that could be exploited by threats.

    4. Risk assessment: For each risk identified, you need to assess the likelihood of it occurring and the impact it would have on your business.

    5. Implementing safety measures: Safety measures must be adapted to each identified risk.

    6. Monitoring and evaluation: Safety measures must be regularly reviewed and updated.

  • A cybersecurity audit is an in-depth evaluation (or not) of the security status of your information system. It identifies vulnerabilities and measures your organization's compliance with state-of-the-art security requirements. Penetration Tests or are used to assess the security of an IT system by simulating attacks carried out by cybercriminals.  Risk analysis is often an integral part of a cybersecurity audit.

    The key stages in a cybersecurity audit:

    1. Preparation and planning:

      • Clearly define the systems, networks and applications to be audited.

      • Define audit objectives (compliance assessment, risk identification, etc.).

    2. Information gathering:

      • Gather all system documentation (architectures, configurations, security policies).

      • Conduct interviews with various stakeholders (administrators, users) to understand processes and practices.

    3. Risk analysis:

      • List all the elements to be protected (data, applications, infrastructure).

      • Identify internal and external threats (human error, attacks, etc.).

      • Identify security vulnerabilities in systems.

      • Assess the probability and impact of each risk.

    4. Tests and assessments:

      • Simulate attacks to assess system resistance.

      • Check that system configurations comply with best practice.

      • Analyze logs to detect anomalies.

    5. ​Reporting and recommendations:

      • Write a detailed report presenting the audit results, identified vulnerabilities and recommendations.

      • Establish an action plan to correct vulnerabilities and improve security.

    How do you set up an information security management system?

    Based on the results of a risk analysis and cybersecurity audit, every organization should develop an information security management system, also known as an ISMS (Information Security Management System) concept. This set of processes, tools and control mechanisms is designed to guarantee the confidentiality, availability and integrity of a company's data.

  • Our team of experts will assess your security systems and processes to identify your organization's cyber risks and assess how dangerous they are. We will also support you in implementing the appropriate measures to reduce these risks.

    We offer a complete analysis of your information system to help you:

    • Identifying security vulnerabilities

    • Assessing risks

    • Implement appropriate safety measures

    • Set up an appropriate ISMS system

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