Risk Assessments

The risk landscape is constantly expanding – increasing your organization’s risk to operations, compliance, and reputation. This is the dominant challenge for IT professionals, cybersecurity experts, and an organization’s executive management alike. Regular Risk Assessments are your first line of defense against malicious cyber events.

A comprehensive Risk Assessment will evaluate both the potential for a system vulnerability – the type of weakness and where it can occur – and the probability of that vulnerability being exploited in a cyberattack:

  • Phishing
  • Ransomware attacks
  • Malware (viruses, Trojan horses, spyware, worms, adware)
  • Social Engineering
  • Targeted Attacks (automated Brute Force, MTM/Man-in-the-Middle, etc.)
  • Insider Threats (contractors, vendors, business partners, employees, former employees, other third-party entities)
  • Data Leaks (identity information, credit card/banking information, customer/user activity, internal communications, trade secrets & other proprietary data, metrics & analytics, codes & software, strategic & other top-line business plans, etc.)

A comprehensive Risk Assessment will also identify potential next steps to increase your organization’s resiliency to cyberattacks.

Monarch’s Risk Assessments follow NIST SP 800-30 and the FFIEC Cybersecurity Assessment Tool to align your risk management program with regulatory and industry standards for managing risk. Our Senior Advisors work collaboratively with you to identify and measure the key vulnerabilities in your systems, anticipate the foreseeable adverse impact, and assess your residual risk. Importantly, our Risk Assessment Reports are clear, concise, and easily understood by engineers and executives alike.

Find out more on all the benefits of Risk Assessments. Talk to us today.

Hacking Attacks: What about the Employees?
The number of hacking incidents against US companies has increased significantly in recent years[1]. The impact of these hacking incidents can be significant, and even devastating, for the companies affected, their personnel, and their customers. Such attacks can lead to the obvious impacts, including theft of sensitive data, financial losses, and damage to the company’s reputation. What we rarely -if ever- address are the psychological repercussions to the employees of hacked companies. Learn More >

Monarch is the Northeast’s only Certified Third Party Assessment Organization (C3PAO)