Cyber Risk Management

Cyber Risk Management and Information Security, Above all Else

Cyber risk has become one of the most significant corporate threats, according to a survey of 218 senior risk managers by the economist intelligence unit. L&A provides the services that can help you to mitigate those risks.

According to the same survey, almost 60% of companies incurred significant financial damage as a result of systems failure in the past 12 months, while one-third suffered financial damage as a result of cyber-crime such as hacking and phishing over the same period.  Just under half of executives surveyed now see cyber risk as a high or very high risk to their business.

Information technology has already had a huge impact on firms and its role is set to increase rather than diminish in the years ahead.  Organizations that are serious about understanding how cyber failure can impact their business will need to determine precisely how the cyber and risk functions work together in managing the issue.  Chief Risk Officers that don’t have cyber on their risk portfolio already will increasingly have to take it into account in the future.

As a failure to have the right information at the right time and at the right place can be disastrous, L&A can help you to apply risk management to a range of cyber planning issues, such as technology evaluations, business continuity, and system/network security.

 

                          Proven solutions that reduce internal and external risk.