UNDER THE HOOD
SECURITY MANAGEMENT IS RISK MANAGEMENT
In the real world there's rarely an opportunity to eliminate risk. Eliminating risk costs time, resources, and inconvenience to a degree that it's probably not worthwhile to you. What you can do, however, is manage your risk, by reducing, mitigating, or transferring it until it's at a level that lets you sleep at night.
Castellum accomplishes this with a formulaic approach. Our security risk assessment process starts with no preconceived notions about your organization. Starting from a blank slate, we step through a process to reveal:
What are we protecting?
What events are we protecting it from?
How could those events happen?
How likely are each of those events for this unique organization?
What is the risk exposure, in dollars, for each of these events?
From there we can prioritize your risks and identify practical ways to reduce them. We seek out free or inexpensive solutions that you can implement right away, and work with you to chart a plan for growth in the future. Your security risks will be managed on purpose, maximizing the effect of your time and resources.
For Castellum, the basis of this risk assessment process is the NIST Cyber Security Framework, and our physical security framework based upon the same methodology. Using the steps above, we create a current profile of your organization, and use comprehensive security data and statistics to identify which aspects of your security are most important to grow, and which ones you can safely leave alone.
Using the FAIR methodology for quantifying risk, we show you graphically (and in dollars) that risk exposure is not just a single number. Rather, the risk of a security event is just like any event in life; it has a range of probabilities and consequences. Seeing your risks this way helps you see the reality behind questions like
"Will my business be hacked?"
"How much could a disgruntled employee steal from me?"
It's quite the eye opener, because this analysis reveals in a hurry that not all risks are created equal. Some are wildly exaggerated in our own minds, and some are just the opposite, discounted much more than they should be.
With your finite time and resources, doesn't it make sense to match the proportions of your security efforts to their relative risk exposures? Castellum believes it does. We believe that's the only way to manage risk: On purpose.
Let us show you how. You'll be amazed at how much this changes the game for your organization's security.