risk management Archives - Audit and Risk

5 Information Security Mistakes That Could Cost You Your Business

By admin|2024-11-02T11:51:16+00:00November 4th, 2024|Cyber Security, Information Security|

5 Information Security Mistakes That Could Cost You Your Business Information security mistakes can devastate UK businesses of any size. In today's digital landscape, these information security mistakes aren't just IT concerns - they're fundamental business risks that UK organisations cannot afford to ignore. With data breaches costing companies an average of £3.7 million according to IBM's 2024 Cost of a Data Breach Report, even seemingly minor security oversights can have devastating consequences. 1. Assuming Compliance Equals Security Many UK businesses make the critical error of [...]

Configuration Management in ISO 27001

By admin|2024-09-24T14:25:30+01:00September 23rd, 2024|Cyber Security, ISO27001 Certification, ISO27001 Implementation|

Configuration Management in ISO 27001 plays a crucial role in maintaining the integrity, availability, and confidentiality of an organisation's IT assets. For organisations implementing ISO 27001, an effective configuration management process is not just beneficial—it's essential. This blog post explores the importance of configuration management within the ISO 27001 framework and provides guidance on its implementation. Understanding Configuration Management in ISO 27001 Configuration management involves identifying, controlling, maintaining, and verifying the versions of all critical assets within an organisation's IT environment. Key Objectives: 1. Ensure that [...]

Scenario vs. Asset-Based Risk Assessments: Understanding the Key Differences

By admin|2024-08-26T09:14:20+01:00August 12th, 2024|Risk Assessment|

Scenario vs. Asset-Based Risk Assessments: Understanding the Key Differences Risk assessment is a crucial process for organisations to identify, analyse, and mitigate potential threats. Two common approaches to risk assessment are scenario-based and asset-based methods. Each has its strengths and is suited to different contexts. Scenario-Based Risk Assessment Scenario-based risk assessment focuses on identifying potential events or situations that could negatively impact an organisation. It is the one I would recommend for those organisations just starting out looking at the risks faced by their organisation as [...]