Risk Assessment

With a nuanced understanding of all applicable national and international regulations and standards, PCI (Payment Card Industry) Data Security Standards, ISO 27001 and 27002, NIST (National Institute of Standards and Technology) 80053, IEC (International Electrotechnical Commission) 62443 and the ISACA COBIT framework, IBEL works alongside organisations to conduct end to end and top to bottom risk assessments.

By analyzing an organisation’s existing position against these standards, we help our customers identify potential risks and bring our comprehensive cyber security knowledge to the task of efficiently and effectively mitigating these risks.

Although each assignment is unique given the specifics of each organisation, IBEL has developed a proprietary GRC risk assessment and mitigation tool that ensures a detailed and comprehensive approach that gives each customer confidence that after each risk assessment exercise, it is in full compliance with all applicable regulations and has optimized its risk posture in light of the latest iterations of relevant international standard.

Regulations

Today, the Internet, data systems, cloud services and other virtual environments are all essential to a strong and vibrant economy. Governments and industry specific regulators and authorities can support economic growth and encourage foreign and domestic investment by putting in place rules and regulations that encourage strong and vigilant cyber security postures by all government and private sector actors.

IBEL professionals have first person expertise in developing cyber security regulations in major national jurisdictions and international standards setting entities and bring that expertise to regional governments looking to put regulations in place to protect the vitality of their economies and their critical infrastructure.

More specialised services include developing regulations related to data sovereignty and data classification, and this also extends to working with municipalities looking to create smart city environments. We assist in developing and implementing the critical rules and regulations in areas ranging from data security and authentication to encryption and secure protocols.

Compliance

Compliance is not a check the box exercise for us at IBEL, because we leverage the compliance process as an opportunity to identify an organisation’s cyber threat weaknesses and implement mitigation strategies that will have a real impact on raising the defence posture through true business level risk mitigation.

Drawing on their previous experience developing global standards and national regulations, our compliance experts understand both the letter and spirit of these criteria, allowing for an efficient and effective process.

Crucially, our compliance teams are comprised of two sets of experts: those with extensive knowledge of standards and regulations, and those with a deep understanding of each client’s industry. Our sector experts range from oil and gas, power generation, and telecommunications to health care, transportation and logistics, giving us a clear roadmap of how compliance implementation and risk mitigation will look for each industry and client.

We help both public and private sector entities cross over the compliance hurdle concerning standards such as PCI (Payment Card Industry) Data Security Standards, ISO 27001 and 27002, NIST (National Institute of Standards and Technology) 80053, IEC (International Electrotechnical Commission) 62443 and the ISACA COBIT framework.