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Risk Management

Program

ScanWave Cyber Security risk management methodology is meticulously designed to encompass and align with a comprehensive spectrum of international standards and frameworks.
By integrating the principles and guidelines established by leading global Cyber Security standards, including but not limited to ISO/IEC 27001, NIST Cyber Security Framework, COBIT, and PCI DSS the methodology ensures a robust and internationally recognized approach to identifying, assessing, and mitigating
risk management program

Advanced

Consultancy

ScanWave provides the following advanced consultancy services, utilizing ComplyWave Integrated Risk Management Platform which offers machine learning and artificial intelligence analysis and insights:

Cyber Security BIA Assessment 

ScanWave ensures that the fundamental task in business impact analysis (BIA) is understanding which processes in your business are vital to your ongoing operations and understanding the impact the disruption of these processes would have on your business.

Taking into consideration all categories of assets such as Physical locations, Personnel, Software & Hardware in use, and organizational information. The approach adopted in asset valuation is a qualitative approach.

One way to express asset values is to calculate the importance of the assets in case of being subject to unwanted incidents, which lead to:
Disclosure of information
(Loss of Confidentiality)
Unauthorized Modification
(Loss of Integrity)
Non-availability and/or destruction
(Loss of Availability)

Cyber Security Risk Assessment & Treatment

ScanWave utilizes the latest version of published Center of Internet Security (CIS) controls prioritized in order of importance making the controls task-focused and combined by activities.

Controls cover enterprise asset inventory, Data protection, Secure Configuration of Enterprise Assets, Account Management and Access Control, Vulnerability Management Program, Log Management and Network Security, and other Information and Cyber Security controls.

Cyber Security Risk Methodology Development

ScanWave utilizes the Center of Internet Security Risk Assessment Method (CIS RAM) to perform a Risk Assessment exercise that details the different phases of risk management, and it is a reference guide for the organization to run similar risk management exercises in the future.

This Risk management methodology conforms to, and supplements established information security risk assessment standards, such as ISO/IEC 27005, and NIST Special Publication 800-30.

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