LUTHER VERITAS

STRENGTHEN CYBER SECURITY AND DATA PROTECTION

As cybersecurity issues pose a growing threat to business operations and reputation, implementing a sound cybersecurity strategy has become critical to survival. Luther Veritas delivers a range of specialized cybersecurity risk management services that can help you strengthen your approach to IT governance and cybersecurity risk management.

Cybersecurity Risk Advisory Services

Sophisticated cybercriminals put business-critical information, intellectual property, financial data, and personally identifiable information at risk. They can cause major business disruptions, public release of confidential information, reputational damage, and other negative financial and operational impacts.

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Luther Veritas's Cyber Risk Consulting practice address the essential elements of cybersecurity, from strategy, governance, and enterprise risk management to controls architecture, implementation, and management. Our specialist customize cybersecurity solutions to your specific business environment and requirements, our services, our issue and industry expertise, and our actionable insights help you make informed cybersecurity risk management decisions and improve your resilience in the face of ever-growing cyber threats.

Enterprise Cybersecurity Program and Strategy

Our cybersecurity specialist conducts an in-depth analysis of our clients business operation, organization behaviour and operation ecosystem to develop an organic cybersecurity management program and strategies to ensure the efficacy of the solutions.​

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• Standards-based, client-specific assessment that helps drive strategy, risk management, investment, and risk-transfer decisions.

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• Assessment of cybersecurity postures & readiness benchmark against a synthesis of multiple standards for testing and validating security outcomes within the National Institute of Standards and Technology (NIST) Cybersecurity Framework.

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• Measures the effectiveness of securities controls through performance validation testing.

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• Conducts a Cybersecurity Roadmapping Workshop to develop a long-term investment and program plans, using Cyber Value-at-Risk modelling to analyze alternative security control investment strategies in terms of risk reduction potential.

Scenario-Based Cyber Execrises

Our specialist integrates this exercise into the existing enterprise risk management program to ensure practicality and effectiveness. With participation from senior mangement, both internal and external stakeholders and interested parties

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• Executive-level, facilitated tabletop exercises, typically focused on the enterprise response to a series of hypothetical cyber incidents that are realistic for your business.

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• Tests assumptions, plans, and operational processes.

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• Enhances your organization’s understanding and awareness of the intricacies of cyber incident management.

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• Provides your executives and managers with experience that is directly transferrable to real-world events, increasing your enterprise’s cyber response preparedness.

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• Validates external resources and Points-Of-Contact (POCs) and helps build external relationships that prove to be of value in a crisis.

Cybersecurity Risk Quantification

Our specialist translates cybersecurity risk into meaningful information for interested stakeholders to appreciate the current cybersecurity postures and enable them to determine the next course of actions.

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• Facilitates enterprise risk management through the quantification of cybersecurity risk or exposure that provides the insight necessary to articulate your cyber risk appetite, make risk-informed investment decisions, and illuminate risk transfer needs and options.

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• Leverages strategic and financial company information to model your cyber operating environment and generate a dashboard view of the “Cyber Value-at-Risk” – the probability of breach, average and severe breach costs, and the top cybersecurity weaknesses.

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• Based on data collected from an Enterprise-wide Cybersecurity Program Assessment and additional pertinent organizational information, such as enterprise and business unit revenue and business value of significant IT assets from the CISO and CIO point of view.

Technical Security Control Assessment

Our specialist deploys proven methodologies and assessment model to accuracy examine the effectiveness of control policies and technical tools integrated into the processes.

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• Assesses the enterprise cybersecurity architecture and technical controls for:      
   

  • How well the controls implement policy. 

  • How effectively they support the risk appetite.

  • How effectively they meet compliance requirements.

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• Applies technical tools to evaluate the operational effectiveness of security controls

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• Based on a repeatable and traceable methodology that draws on accepted security technical controls standards such as Center for Internet Security Critical Security Controls, NIST SP 800-53, Health Insurance Portability and Accountability Act (HIPAA), Payment Card Industry Data Security Standard (PCI DSS), and other sector-specific standards.

3rd Party Cybersecurity Risk Management Review 

Leave no covers unturned, our 3rd parties cybersecurity risk assessment ensure vulnerabilities and other forms of risk are not neglected 

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• Identifies third-party relationships, including suppliers, service providers, business partners, contractors, vendors, etc., and assesses the likelihood that they would experience a cyber event.

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• Highlights areas of concentration where multiple suppliers share hosting providers, security vendors, vulnerabilities, or technology systems.

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• Provides a systematic method of continuously monitoring the cyber risks imposed by authorized third parties and a protocol for managing them.

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• Identifies high-risk suppliers whose cybersecurity vulnerabilities should be further assessed.