Risk

Risk Assessment

Understanding security risk is fundamental to making informed decisions about systems, services and information.

Talk to us about Risk Assessment
Risk Assessment

Understanding your security risk

Stanway Hope supports organisations in identifying and understanding security risks, assessing their significance and determining where attention should be prioritised. Our approach is proportionate to the organisation, system and operating environment, helping stakeholders understand risk in a form that supports practical decision making.

We are widely experienced in the performance and delivery of Risk Assessment and Risk Management activities and products. Our team has contributed to the development of strategies, policies and methodologies used within the UK Public Sector, and works to ISO27005, client or sector-specific approaches, or a tailored solution where that better fits the need. Where required by the customer or operating environment, risk-management documentation can be developed to support the applicable governance and assurance process.

How we can help

Identify, analyse and evaluate security risk, then present it in a form that supports the next decision.

Risk identification

Identify threats, vulnerabilities, dependencies and scenarios relevant to the system, service or organisation being assessed.

Risk analysis

Consider the likelihood and potential impact of identified risks within the relevant business and technical context.

Risk evaluation

Help stakeholders understand the significance of identified risks and establish appropriate priorities.

Risk management support

Translate assessment findings into information that supports treatment, acceptance and wider decision making.

Standards-aligned assessments

Support assessments informed by recognised security and risk-management standards and guidance, including ISO27005, where they apply.

Bespoke assessments

Tailor the scope and approach to the system, service, project or organisation being assessed, including client or sector-specific methods.

What this helps you achieve

Risk assessment should not simply produce a document. It should provide a useful understanding of where risk exists, why it matters and what can reasonably be done about it.

Understanding

A clearer view of security risk

See where risk exists and why it matters, rather than relying on an incomplete or inconsistent picture of the system or service.

Visibility

Threats and vulnerabilities in view

Improve visibility of the threats, vulnerabilities and dependencies that should inform the next decision.

Focus

Better prioritisation

Direct security activity and investment toward the risks that most need attention.

Decisions

Information that can be used

Give business and technical stakeholders risk information that can support informed decisions, including treatment and acceptance.

Our approach

Establish the context, assess the risk, then set priorities that can support the next stage of risk management.

Step 1

Understand

Establish the context, objectives, scope, assets and relevant security concerns.

Step 2

Assess

Identify and analyse relevant security risks.

Step 3

Prioritise

Evaluate findings so that the most significant risks and dependencies can be understood.

Step 4

Advise

Present clear findings and practical recommendations to support subsequent risk-management decisions.

From assessment to treatment

Risk assessment should provide a basis for decision making rather than exist as an isolated security document. Stanway Hope can help maintain a clear relationship between identified risks, proposed treatment activities, security controls and subsequent assurance.

Where appropriate, this can also support wider information-security management by connecting risk assessment and risk treatment with control selection, implementation and review.

Related services

Assessment often leads into security requirements and treatment. These services can be used together or on their own.

Let us talk about your risk assessment

Tell us about the system, service or programme you need to assess. We can discuss a proportionate approach and how Stanway Hope can support you.

Talk to our team