Risk Assessments

An Information security risk assessment is a complex examination mechanism that encompasses all the aspects that come into direct or indirect contact with the organization's information systems. Within the framework of the assessment, the organization's information systems are mapped to an abstract level, at which it is easier to examine their different components and grade the level of risk derived from all the systems.

Numerous risks may affect the organization's information assets, such as flawed allocation of authorizations to employees in various departments; information leakage among departments; lack of compartmentalization; deficient password management; uncoordinated information availability; recovery following a disaster; and erroneous firewall definitions.

The risks are determined in accordance with the level of importance of the organization's assets; therefore the performance of the assessment is subject to the cooperation of its various departments. By mapping and assessing the risks, it is possible to arrive at an organized plan according to which penetration tests will be carried out on the systems, based on their importance to the organization.

The decision regarding who shall carry out the risk assessment is extremely important, since this entity's level of performance will reflect on the management of the information systems in the organization at the final stage, in which it expects a return on its investment in the risk assessment as quickly as possible.

BugSec specializes in performing all stages of the assessment, from the initial interviews, at which questions are presented in order to learn about the organization's information security systems, to the execution of tests on each and every system. The company has developed a unique risk assessment methodology that encompasses all the functions of all the organization's systems. This proprietary methodology enables to achieve maximal results within a predefined period of time, at the most realistic level.

The repair of the detected deficiencies enhances the level of information security, enhances the organization's operation while allowing it to avoid the loss of business opportunities; irreparable damage to its reliability and reputation; and the risk of non-compliance with regulator requirements and laws (protection of privacy, instruction SOX 357, HIPAA, etc.) and their implications.