CyberSurance™ Program
/The CyberSurance™ Program continuously optimizes cyber risk and IT control effectiveness against today’s adversaries. It provides business stakeholders transparency and insight on the organizational cyber risk posture, cybersecurity performance, process and capability maturity state, and regulatory compliance requirements.
Cybersecurity has moved from being a general topic of interest to representing a priority concern for all businesses. New legislation surrounding cyber incident disclosure solidifies the need for an elevated approach to managing cyber risk for SMEs.
An integrated second-line of Cyber Risk defense.
The CyberSurance™ Program employs a holistic and continuous approach to IT risk management for small to mid-sized enterprises. Included as part of our enterprise IT Directorship™ Program, CyberSurance™ is also offered as a standalone service facilitating customer transition from risk exposure to resilience by bridging the gap between frontline operations and external assurance measures. The CyberSurance™ Program combines industry best practices and periodic IT control testing, along with IT Directorship™’s cyber incident response protocol, to proactively measure, manage, and monitor cyber risk from the “inside out”.
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The CyberSurance™ Program involves ongoing cybersecurity risk management for your business which helps identify the most critical crown jewel data and their threats, understand the company’s vulnerabilities and security gaps, develop a strategy to better protect the business and address these gaps, mitigate risks, and verify that cybersecurity measures are reducing the likelihood and impact of cyber attacks.
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The CyberSurance Program elevates the risk management process by providing templates that guide organizations through risk assessment, capability analysis, implementation strategic cyber initiatives, and cybersecurity maturity assessment utilizing the NIST Cyber Security Framework.
It provides a comprehensive view of an organization’s overall cybersecurity posture, ensuring that target level maturity ratings are achieved.
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A critical requirement for any cybersecurity management program is verifying the effectiveness of established controls. While most cybersecurity control frameworks include verification IT general controls, CyberSurance calls special attention to the operational side of cyber risk. Periodically, scheduled evaluation of IT controls help determine whether the cybersecurity controls are performing as intended, ensure regulatory compliance, and identify areas for improvement.
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Leveraging the results of periodic IT control reviews helps streamline both the internal and external audit processes. The CyberSurance™ Program ensures that Information Technology General Controls (ITGCs) are optimally designed and performing as expected across an organization’s IT environment. ITGC pre-audit reviews increase confidence that appropriate ITGCs are in place and functioning correctly, virtually eliminating the likelihood of an audit deficiency.