Data Driven Cyber Risk Management

Data as a starting point for managing security risks

As cyber threats become more prevalent, organisations face the challenge of prioritising allocation of resources to deliver the most value in security risk reduction. This is largely due to a vast attack surface, broad threat landscape, and large number of controls that can be implemented to secure organisational assets. Most organisations ask the following questions:

  • “Are we doing the right things to manage our security risks effectively?”
  • “What is the impact of security risk on our business?”
  • "Are our current security controls and measures truly effective in protecting our assets?"
  • “How can we accurately identify and prioritise security risks within our organisation”
  • “What security initiatives should we prioritise based on our security posture?”

Data Driven Security Risk Management (DDSRM) solves this challenge by delivering a platform and methodology to measure, quantify and report on security risks. It provides insight into the organisation’s security risk posture at various levels of abstraction (e.g. executives, management and operational teams) to support decision making based on internal and external data sources (e.g. threat intelligence feeds, logging and monitoring data).

Data Driven Security Risk Management (DDSRM) solves this challenge by delivering a platform and methodology to measure, quantify and report on security risks. It provides insight into the organisation’s security risk posture at various levels of abstraction (e.g. executives, management and operational teams) to support decision making based on internal and external data sources (e.g. threat intelligence feeds, logging and monitoring data).

More specifically, our DDSRM offering will help you:

  • Identify your most vital risks and controls: 
    We help you establish a robust risk and control framework, enabling you to identify your key risks and the controls that mitigate them. This foundation is critical for effective risk management.
  • Define and measure key metrics:
    We pinpoint Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs) that accurately measure control performance and coverage. 
  • Perform security risk assessments:
    We support you in assessing the identified risks based on the key metrics and other data points. 
  • Build data-driven reports:
    We build intuitive dashboards that offer data-driven insights into your information security risk. These dashboards provide a holistic view of your security posture, enhancing decision making processes on cyber investments
  • Improve data collection processes:
    We streamline the collection of security data by implementing data collection processes, providing a centralised location for storage of (security) data and increasing the level of automation in data collection.

Do you want to learn more about Data Driven Cyber Risk Management?

Contact us

Angeli Hoekstra

Angeli Hoekstra

Partner Cybersecurity & Privacy, PwC Netherlands

Tel: +31 (0)63 086 15 22

Bram van Tiel

Bram van Tiel

Partner Cybersecurity & Dataprivacy, PwC Netherlands

Tel: +31 (0)62 243 29 62

Mimoent Haddouti

Mimoent Haddouti

Cybersecurity Partner, PwC Netherlands

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