Let Us Start Your Risk Management Assessment
Assessing and managing risks is critical for the safety and stability of your business, event, or yourself. Decisive Action’s team of subject matter experts with diverse backgrounds can help you spot risks before they interrupt your operations.
Developing a Risk Management Plan
Risk management plans give you a step ahead before you have to react to a crisis. They have a proactive stance on asset protection that makes a plan for addressing risks before they cause problems. The risk management process breaks down into four steps:
- Assessing risk by identifying, analyzing, and evaluating every possible risk scenario.
- Evaluate and prioritize risks based on their relevance to your business goals or personal importance.
- Treat or respond to risk conditions you should have a response for every risk you identify.
- Monitor the results of risk controls and adjust accordingly this is the most crucial factor in risk management.
Perform a SWOT Analysis
Typically used for businesses and organizations, individuals can implement a SWOT analysis for personal needs and purposes.
- Strengths: Things your company does well; tangible assets; skilled internal resources
- Weaknesses: What your organization lacks; areas where competitors are more successful
- Opportunities: Rising need for your products or services; few local competitors
- Threats: Negative opinions or press coverage; up-and-coming competitors
We will help you identify weaknesses and threats and plan to manage them using your strengths and opportunities.
Managing Cybersecurity Risk
Cyberattacks aim to access sensitive information, extort money with ransomware, or interrupt business operations. Nearly all sensitive information is stored digitally, making it vital to protect your networks, devices, and data from breaches and unauthorized use. Have you ever had an unauthorized charge on your debit or credit card? If so, you’ve been a victim of a cybersecurity breach.
The process of cybersecurity risk management is the same for all risk management. Fortunately, cybersecurity risks generally fall into one of four categories, making them easier to handle.
- Phishing: The most common cyberattack uses fraudulent emails disguised as credible messages to gain access to your credit card numbers, bank accounts, and login credentials. The best way to protect yourself from this threat is by educating your team on what to look for and using technology to filter suspicious emails.
- Social Engineering: A tactic used to trick you into revealing protected data. Phony cybersecurity experts” will claim your computer is virus-ridden and that they can remove the malicious software with remote access to your device.
- Ransomware: Another malicious software that extorts money by preventing access to secure files or required systems for operation until you pay the ransom. Paying the ransom doesn't guarantee the restoration of files or systems.
- Malware: Malicious software designed to gain unauthorized access to or damage a computer.
Risk Management Services Near Lexington, Kentucky
Don’t put your company's or personal assets' safety and integrity on the line. Decisive Action is Kentucky’s leading security and consulting firm with access to global resources and rapid response teams.
Contact us today to begin your risk management assessment. Decisive Action is in Kentucky and serves clients in Frankfort, Louisville, and Lexington. We work with organizations of all sizes.
