Digital touchpoints are growing. As a result, so are attack surfaces. Our Advisory services have been curated to manage all such cybersecurity and information technology risks that threaten to harm your organisation. This we do by first assessing the risks relevant to your organisation. After that, we design a program to address each risk and then work with you to ensure a successful implementation.
Policy & Standards
The primary purpose of any cybersecurity or technology program is to reduce the frequency and impact of security breaches and increase resilience.
However, while drafting the policies and standards for such programs, every organisation faces two major challenges — clarity and accessibility.
If these challenges are not tackled successfully, they will inexorably weaken the program’s coherence and relevance.
|Policies and standards are not reviewed and updated after considering the changing threat landscape.||Outdated policies limit your ability to make quick decisions or to change your business strategy.|
|Controls are not risk based and SMEs are not involved while developing control requirements.||Control requirements are not aligned with the value of the asset to be protected.|
|Inconsistent implementation and poor adherence by staff lead to security breaches.||No regular assessment to check policy implementation success.|
At Binary Tech, we always focus on the big picture.
When drafting your policies and standards, our team of experts leverages its deep domain knowledge to help address the larger issues — the board-level issues — that affect your entire organisation.
Our unique methodology ensures our solutions meet the requirements of both technical and non-technical leaderships, and also raises awareness about individual responsibilities regarding protection of assets.
But most importantly, our policies and standards are written simply and clearly, making them easily accessible to those involved so that everyone knows exactly what can — and cannot — be done.
|Custom policy development that aids in creating a roadmap to address organisational risk.||Proactive measures that enable you to meet industry and government regulations.|
|Top down approach by engaging key stakeholders and SMEs.||Tangible evidence demonstrating reduction in the frequency and impact of security breaches.|
|Structured implementation approach – awareness program and enforcement.||Regular assessment - Provide compliance and stakeholder assurance.|
Additionally, what initiatives have been taken to reduce the attack surface?
Most organisations include third-party MSSPs or MDR providers in their detection and response strategies. However, while certain functions and responsibilities can be outsourced, accountability for each risk will always rest with the organisation.
Globally, over $125 billion was spent on cybersecurity in 2019. Yet, the number of cyber attacks continues to rise. This is because organisations continue to add security technologies and processes piecemeal, without a tactical blueprint.
|Lack of cohesive cyber defense strategy.||Discrete control implementation.|
|Ever-growing attack surface makes it easier for hackers to infiltrate your organisation.||Protection strategies not embedded in governance models, operational processes, and culture.|
|Ineffective implementation of detective and deterrent control.||Ineffective or nonexistent sharing and communication of risk information across the organization.|
New threats are emerging everyday.
Whether an attacker is successful in establishing a firm foothold in your organisation's network and systems depends largely on the expertise of your cyber defence professionals.
By identifying the areas of cyber defence you must focus on, we help your organisation attain the highest level of cyber security, along with resilient preventive and detective controls.
Building a comprehensive cyber defence strategy while considering defence depth is crucial. But having the right people do it for you is even more so.
|Develop a robust Cyber Defence strategy – Defence in Depth.||Integration of Threat Intelligence and Vulnerability Management in Incident Response.|
|Build a Cyber Crisis Management plan.||Implement deterrents to reduce your appeal to attackers.|
|Ensure timely detection and response capabilities.||Risk based approach to cyber defence.|
Digital transformation is rampant.
With a growing number of companies shifting their focus to core offerings, the outsourcing of key IT infrastructure to third parties and Cloud Service Providers has exploded. This has led to an expansion of digital ecosystems, and, in effect, has also increased attack surfaces.
At the end of the day, what organisations must realise is that understanding the shared responsibility model for each cloud vendor before onboarding is critical.
|Dealing with multi-Cloud environments without evaluating risk and benefits.||Cloud migration can become very complicated at times.|
|Cloud security scope, responsibilities, and models not thought through.||Cloud supplier lock-in makes it difficult to migrate services from one provider to another.|
|Misconfigurations lead to multiple cyber attacks||Regulatory and compliance issues.|
At Binary Tech, we work with you hand-in-hand to thoroughly understand your business environment and build a powerful cloud strategy.
How do we do this?
By formulating business cases using a metrics-based ROI roadmap and by building a framework for different cloud approaches (public, private, or hybrid) and cloud types (PaaS, IaaS, and SaaS), all the while keeping your organisation’s interests at the forefront.
Leveraging the strength of our network, we also evaluate the current state of your organisation’s infrastructure and applications, and provide suggestions on your ideal functional state.
|Develop Cloud strategy based on the organisation business needs, service and deployment models.||Implement best practices to minimise security and privacy risk.|
|RACI matrix - Understand your and cloud provider responsibilities in the shared responsibility model to reduce the chance of omission or error.||Build flexibility as a part of strategy when designing applications to ensure portability now and in the future.|
|Conduct regular reviews to ensure compliance with applicable regulation.||Keep all your teams and infrastructure up-to-date with cloud security best practices.|
Cyber Maturity Assessment
How mature is your security strategy? Do you know where the gaps are?
A rise in the number of high profile and disruptive security breaches wreaking financial and physical damage has led to an increased focus on cyber security.
Understandably then, many organisations spend heavily on cyber maturity. But oftentimes, these investments are misguided, for they are not directed towards protecting what is critical.
So then, how can an organisation - how can you - really check whether you are impenetrable?
|Lack of preparedness for an evolving cyber security landscape||Current state of maturity is not known.|
|Unable to develop a robust cyber security strategy and direct investment as needed.||Inability to convince stakeholders and board members that the current state of security is sound and that no gaps exist.|
And at Binary Tech, we possess the expertise to conduct that assessment for you.
Using our in-depth experience, we align your security program with industry best practices by assessing your cybersecurity controls based on the NIST Cybersecurity Framework, a notable and widely-accepted model.
Besides identifying gaps in your control environment and being customisable to suit your every need, the CMA also allows for developing a plan that considers the crawl, walk and run approach.
|Create a stronger security culture.||Prepare you to defend against an evolving cyber security landscape.|
|Assess whether cybersecurity controls are operating as per expectations and maturity.||Assess compliance with relevant regulatory requirements and frameworks.|
|Prioritise investments according to both risk and security practice ‘maturity’ aspirations.||Benchmark your cyber maturity results against that of your peers.|
Privacy & Data Protection
Every organisation - be it corporate, governmental, financial, or medical - collects, processes and stores vast amounts of data on computers and other devices.
Since a large chunk of this data is always sensitive, CIOs and CISOs play a crucial role in its handling and security. However, due to ever-increasing regulatory requirements such as Personal Data Protection and General Data Protection Regulation, CIOs and CISOs have their work cut out for them.
After all, exposure of such data or leaks of any kind can lead to gruelling ramifications.
|Incorrect identification and classification of critical data elements.||Insecure systems allow attackers to exploit vulnerabilities and expose sensitive information.|
|Cost of maintaining data privacy is expensive.||Modern technological landscape - IoT and Mobile collecting data without proper security.|
|Human errors create new levels of complexity.||Not having an information life cycle management approach|
That’s where we can help.
By using our in-depth knowledge and first-hand experience, we establish a thorough overview of all your sensitive data. That way, we ensure you avoid any data leaks and also minimise the risk of fines.
Our proven data mapping exercises let you identify, classify and discover all existing data in your organisation. By assessing your existing data risks, our risk management experts help you gain a comprehensive view of your data and provide pragmatic, effective and easily implementable solutions.
|Design governance approach for data security including information life cycle management.||Ensure compliance with all relevant regulations.|
|Identify critical data elements and implement consistent data classification.||Consistent enforcement of necessary controls and increased awareness.|
|Data Protection Mystery Shopping.||Regular review of security controls.|
Cyber & Technology Risk
Failure to adequately evaluate, prevent and minimise damage resulting from cyber and technology risks can severely impact your organisation.
Irrespective of the industry you operate in, there are several consequences of not managing risk effectively. In dire cases, you could even lose market share.
So, the next time your organisation is hampered by seemingly invisible roadblocks, perhaps you should stop and think why. The primary reason could just be ineffective cyber and technology risk management.
|Failure to identify material cyber and technology risks, and their impact.||Poor adoption of processes and inconsistent practices.|
|Delayed projects lead to unrealised benefits.||Loss of customers and damage to reputation.|
|Lack of trained staff at all levels to lead and manage identified risks.||Ineffective communication, training and staff engagement.|
Top managers at most organisations recognise risk management as an essential component of their agendas.
Likewise, at Binary Tech, we recommend a "risk-based" approach for the effective management of your cyber and technology risks.
Our experts recognise that risk management is a cyclical process, and that the process repeats itself as the risk environment changes. These changes may be the result of internal or external factors, or even due to changes in the threat landscape.
|Build a library of applicable cyber and technology risks.||Formulate security and technology related risk appetite statement.|
|Build a culture, train staff on risk management, and ensure better communication.||Adoption of trusted risk management frameworks such as ISO 27005 and NIST risk management frameworks.|
|Make it easier to identify any existing problematic areas and facilitate well-informed decisions.||Have a robust response plan focusing on the severity of risks identified.|