Managed Cyber Risk
CYBER RISK MUST NEVER BE A BLIND SPOT
We help organisations always understand their cyber risk – clearly, currently, and in financial terms – so that management and boards can make confident, well-documented decisions.
An organisation’s risk profile changes continuously. New threats, technologies, and regulatory requirements make it necessary to treat risk as an ongoing discipline – not an annual exercise.
We combine continuous data, quantitative risk analysis, and business-oriented communication in a steady rhythm that makes cyber risk an integrated part of how the organisation is governed.
A comprehensive Managed Service with quarterly reports, a risk register, a threat briefing, and a range of specialist modules – including board presentations, risk tolerance workshops, insurance reviews, mitigation planning, and benchmarking.
What you get?
With Managed Cyber Risk you receive a complete service that keeps your risk management up to date throughout the year.
You receive quarterly reports showing the development of your risk position, quantitative analyses of the most significant cyber and IT risks, and financial key figures that make consequences measurable.
The service enables you to prioritise investments, document compliance, and strengthen decision-making at both management and board level.
A shared language between IT and the business
The requirements of NIS2, DORA, and other regulations mean that management and boards must be able to understand and document the organisation’s risk level – not merely be informed of it. To achieve this, technical assessments must be translated into language that makes sense at senior leadership level.
With Managed Cyber Risk, complex data and technical assessments are translated into financial key figures and impact scenarios that clarify the economic significance of risks. This enables leadership to make informed decisions about investments, priorities, and risk tolerance – and makes it easier for the board to fulfil the responsibilities now placed upon it through legislation.
From status to governance – a new way of working with risk
When risk assessment becomes a regular part of the organisation’s rhythm, it is not just the frequency that changes – but the entire approach. With Managed Cyber Risk, the focus shifts from reporting to continuous governance, learning, and adaptation. Risk becomes a shared concern, with security, operations, and the business all working from the same, up-to-date basis for decision-making.
The continuous approach creates better alignment between data, action, and strategy. You gain the ability to identify trends earlier, track developments over time, and target investments where they will have the greatest impact. The result is a more mature and proactive risk picture, where insight translates into action – not merely into reports.
Benefits
- Present current data at board meetings
- Create proactive management of cyber risks rather than reacting once the damage is done
- Avoid unexpected surprises, because you always know what your risk profile looks like today
- Connect risk figures directly to the organisation’s decisions and priorities
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Managed Cyber Risk – Core Service
With the Managed Cyber Risk service, you receive a continuous, data-driven overview of your current risk picture and exposure. The solution supports the work of making risk management an integrated part of the organisation’s annual cycle. It provides a solid foundation for working continuously and in a prioritised manner with cyber risk – without requiring significant internal resources.
Quarterly Reports
Ensure that management and the board always work from a current and decision-ready risk picture. Each report provides an updated view of the organisation’s risk profile based on quantitative analysis.
Reports include:
- Changes in the overall risk level
- The most significant risk drivers
- Concrete recommendations for prioritising effort
Reports can be used directly as a basis for decision-making by management and the board, ensuring that cyber risk becomes a regular part of the organisation’s governance rhythm.
Risk Register
Establish a shared and consistent risk picture across the organisation. Receive a standardised yet flexible catalogue of the most common cyber risks, tailored to the organisation’s sector and maturity level. The catalogue makes it possible to quickly establish an operational risk register that can be adapted to your own circumstances and data.
Each risk is described with likelihood, impact, and financial exposure, enabling comparison and prioritisation.
Annual Threat Briefing
Gain early insight into relevant threats, translated into business significance – in the form of a review of the primary threats and trends over the past year, linked to your risk profile. The briefing puts the quantitative results in context and gives leadership insight into how the threat landscape affects forward-looking risk management.
Optional Add-ons
In addition to our core service, we offer a range of optional add-ons that deepen and extend your risk management. The add-ons make it possible to target effort towards specific needs – such as an annual board presentation, risk tolerance analysis, insurance review, or mitigation planning. All optional services are built on the same data-driven foundation and integrate directly into your ongoing Managed Cyber Risk programme.
Board & Senior Leadership Training
DORA and NIS2 place new demands on boards and leadership to take ownership of and understand cyber risks – not only the broader organisational risks. Ensure that your board understands its responsibilities – and can document them. With our tailored workshops, we equip decision-makers with the insight needed to navigate the complex cyber landscape. Workshops are facilitated by consultants with more than 10 years’ experience in risk management and close collaboration with leadership teams and boards.
Topics may include:
- Critical cyber risks in the financial sector
- How to interpret cyber risk quantification and reporting
- Which risk measures should be prioritised in today’s threat landscape
- Crisis management and ransomware
- Bespoke topics as required
Annual Board Presentation
With our board presentation service, we attend your board meetings to walk through the results of the IT risk assessments. We cover the process, explain the methodology, and communicate IT risk from a business perspective, enabling the board to make decisive decisions on strategic initiatives and priorities. These presentations ensure the link between IT operations and the organisation’s overall purpose.
Business continuity
Ensures that critical business processes can continue, even during disruptions.
With our Business Continuity service, we help you ensure that plans for preparedness, incident response, and crisis management are up to date and effective in practice.
We design and conduct a realistic exercise tailored to your organisation, and subsequently provide a report with clear recommendations for improvement.
The exercise also supports DORA’s requirements for resilience testing and provides unique quantitative insights into how significant an incident could become and how long its effects might last.
Insurance Review
Optimise your cyber insurance based on documented, quantitative loss estimates. It can be difficult to assess whether a cyber insurance policy genuinely delivers value relative to the premium, or whether self-insurance would be more cost-effective.
With our Insurance Review, we examine your current or planned policies and calculate what you actually get for your money. We help you answer questions such as: Does the policy cover our greatest risks? Or will only a fraction of the loss be covered?
Drawing on your risk register and worst-case scenarios, you receive a fact-based assessment that enables informed decisions – particularly in connection with policy renewals or new purchases.
Risk Tolerance
Define your organisation’s risk appetite and strengthen decision-making in prioritisation.
With our Risk Tolerance workshop, we help boards and management define the organisation’s risk tolerance. Through workshops and realistic scenarios, a shared understanding is established of how much risk the organisation can accept – and how this translates into action.
The workshop connects cyber risk quantification with governance, so that decision-makers can prioritise investments, establish acceptable levels, and strengthen the organisation’s resilience and compliance.
Mitigation Planning
Translate risks into concrete, prioritised actions that reduce exposure through targeted plans.
With our Mitigation Planning service, you receive a structured overview of how your most significant risks are being managed. We help you prioritise and plan concrete measures so that you achieve the greatest possible return on your investments.
By quantifying the effect of selected measures, we can document the current status and the expected risk reduction directly in your quarterly reports – enabling leadership to make data-driven decisions that balance risk tolerance, budget, and regulatory requirements.
Incident Register
With our Incident Register module, reporting and quantifying critical incidents in line with DORA becomes straightforward. The module makes it possible to calculate the loss from an incident in accordance with regulatory requirements – and the same calculation can be applied to insurance claims if you hold a cyber insurance policy.
The incident register provides a consolidated overview that feeds into the quarterly risk updates and supports aggregated reports on losses on a quarterly or annual basis, giving you insight into both the total consequences and the loss categories driving the results.
Benchmarking
Understand your maturity and risk level relative to your industry.
Gain insight into how your risk profile and exposure compare to similar organisations. Benchmarking provides an objective basis for comparison, which can be used to assess maturity, risk tolerance, and investment level. (This service is currently under development and will be added to the Managed Cyber Risk portfolio in the coming period.)
Would you like to find out more?
Contact us to book a no-obligation meeting or to request a demo report of a Managed Cyber Risk quarterly report.