Many businesses now adopting, or furthering the depth of their Cloud adoption, have an impossible shopping list for their Cloud needs; they want their Cloud to be the: safest, cheapest, most fully featured deployment with world class innovative, agile, provider agnostic, quickest to build, lowest maintenance system that is totally under our control to enhance and build upon. These expectations require a different approach when it comes to governance, risk and control.
Whilst Cloud does set a new normal for the levels of nimbleness businesses can realistically achieve, it does open new threat vectors for those businesses that hold their company information and end customers’ personal and transactional data within the Public Cloud.
Attacks and data breaches are very damaging, and the unprecedented rise in cyber attacks like ransomware in the past 12 months, shows that every company needs to be on top of it’s risk approach, management, monitoring and controls. These needs to be a first thought not an afterthought.
Companies need to create a culture of defense and instil in their people a responsibility for data, equipping them with the knowledge and skills to be able to stand up against cyber threats.
Speed is nothing without control – ensure you’re setup for success with risk expertise from Broadstones.Talk to us
Creating a Controls Framework that is fully integrated into your organisation requires the establishment of a clear lineage, or family tree between Regulation, Risk, Policy, Standards, Controls and Assurance.
Broadstones can help you in the development, implementation and embedding of a clear processes in which Controls were evidenced as operating, enabling you to provide the regulator with demonstrable evidence that you are in control whilst consumer public cloud.
Total collaboration with risk functions and a strong focus on training and development are required to assist with the mindset change required to operate in a cloud or hybrid world. Risk Management is now a proactive, interactive process, not a checklist and report style function. Understanding the technology, the flow of data and the purpose and structure of controls is essential for a successful and sustainable future.Talk to us
Ransomware attacks are increasing in many industries that have older estates like Retail, Healthcare and Education.
The need to modernise not only for all the benefits desired, but also to mitigate this growing trend,
Ransomware continues to be successful because companies don’t create a culture of defense or a sense of responsibility for data, their workforces aren’t equipped to stand up against cyber threats, the threats from malicious outsiders only persist, and proper security configurations are not implemented.
Broadstones assist you in addressing all facets, from a vulnerability review of your IT, effectiveness of your controls and level of understanding of your people. Creating tailored solutions based on the reality of your situation not a one-size-fits all theory.
Loosely coupled architectures require tightly coupled controls. Broadstones can help your business address your Controls challenge by:
Broadstones can provide rigorous cloud controls assessments, remediation plans and continuous oversight to decrease risks and mitigate security concerns. The team have worked in difficult regulatory environments and understand the need to balance control with business outcomes by adopting practical approaches and proportionality to the work.
Whilst Cloud does set a new normal for the levels of nimbleness businesses can realistically achieve, it also opens new threat vectors for those businesses putting company and customers’ data within the Cloud. Understanding how your risk appetite and risk management approach need to operate in the Cloud and how to co-exist with an existing on-prem estate is a crucial facet of any technical change initiative in this day and age. Broadstones have extensive knowledge and experience across the world risk and control that will enable them to assess your current state and provide you with a route to being able to demonstrably evidence you are in control and within appetite.
With ransomware attacks on the increase, it is essential that you are aware if you are susceptible within your current estate be that on-prem or in the cloud. Broadstones technical consultants can perform various checks and advise on ways to improve your regular vulnerability assessments and monitoring to support you in remaining one step ahead of the hackers. Broadstones also addresses the cultural aspects that need to be present – a culture of defense and a sense of responsibility for data, so that your teams are equipped to stand up to the any type of cyber attack.