Chicago Based Cybersecurity Risk Assessment Services
The IT infrastructure of businesses and organizations is at the center of their most important daily operations. It is crucial for IT operations to run efficiently and be protected from cybersecurity risks. Any technology that is used by businesses and organizations is vulnerable to cybersecurity threats and must be protected to reduce risks and address vulnerabilities.
At PSM, we provide cybersecurity risk assessment services for businesses and organizations in the Chicago, IL area. Our cybersecurity experts will assess your entire IT infrastructure to identify and minimize risks and vulnerabilities. It is important to understand the risks to your IT infrastructure and take steps to protect against threats that can impact your data and operations.
Our IT risk assessment services include the following:
- IT risk assessment
- Vulnerability assessment
- Information security risk assessment
- Penetration testing
- Incident response preparedness assessment
- Ransomware preparedness assessment
- Annual risk assessments
Benefits of Conducting Cybersecurity Risk Assessment Services
Conducting cybersecurity risk assessments helps businesses and organizations identify potential risks and vulnerabilities so they can improve their cybersecurity measures and reduce these risks. These assessments can also help businesses form better strategies to respond to security events.
The following are the main benefits of cybersecurity risks assessments:
- Identify vulnerabilities: An assessment can identify vulnerabilities in devices, software, and user identities as well as vulnerabilities that can be exploited by outside actors.
- Minimize data breach risk: Assessments can help strengthen the protection of data and reduce the risk and potential losses of a data breach.
- Improve visibility: Assessments offer a level of visibility into assets and applications, user identities and privileges, and activity within Active Directory.
- Enable compliance: An assessment can help ensure that businesses and organizations are in compliance with applicable regulations and standards.
- Help with decisions: Uncovering risks can help businesses make better decisions to create proactive and reactive plans to address threats and vulnerabilities.
Our IT risk assessment services cover everything including operations, software and hardware, data collection and storage, and third-party platforms and software products. It is common for businesses and organizations to incorporate third-party software and platforms such as Microsoft 365 and Azure. While these platforms do have some security features built in by the vendors, it is still important to assess any possible risks, especially when it comes to how they are integrated into your IT infrastructure.
We offer the following platform focused risk assessment services:
- Microsoft 365 security assessment
- Azure security assessment
- Active directory security assessment
What is Cybersecurity Risk Assessment?
Cybersecurity risk assessment is a comprehensive assessment of an entire IT infrastructure to identify risks, threats, and vulnerabilities. The goal of cybersecurity risk assessment services is to not only identify potential risks and vulnerabilities, but also assess the likelihood of a security issue occurring and the potential impact it can have on IT operations. The results of the assessment provide businesses and organizations with a list of potential risks and vulnerabilities so they can address these issues and bolster their cybersecurity.
IT risk assessment consists of the following steps:
- Scoping: Determine the scope of the assessment.
- Risk identification: Identify threats, risks, and vulnerabilities throughout the IT infrastructure.
- Risk analysis: Assess how likely it is for a security event to occur.
- Risk evaluation: Evaluate the potential impact of a security event.
- Documentation: Document the results to present to the business or organization.
Businesses and organizations should conduct a cybersecurity risk assessment at least once annually to find and address threats within the IT environment.
Our Cybersecurity Risk Assessment Process
Our cybersecurity professionals at PSM provide comprehensive IT risk assessments to identify all risks, threats, and vulnerabilities throughout your IT infrastructure. This includes an assessment of devices, software and applications, user identities, third-party platforms, and policies and procedures.
Once the assessment is complete, we will provide you with a report detailing the risks, threats, and vulnerabilities that we have identified. The risks are prioritized by likelihood and potential impact, so you know the most important risks to address first. This report will also include recommendations for actions you can take to address vulnerabilities and mitigate risks.
Industries We Work With
- Cybersecurity risk assessment for higher education
- Cybersecurity risk assessment for financial institutions
- Cybersecurity risk assessment for healthcare
- Cybersecurity risk assessment for law firms
- Cybersecurity risk assessment for non-profits
- Cybersecurity risk assessment for associates
- Cybersecurity risk assessment for utility
- Cybersecurity risk assessment for manufacturing
You can expect the following from our IT risk assessment services:
- Identification of risks, threats, and vulnerabilities as well as the likelihood and potential impact of each
- Recommendations for the best methods to address risks and vulnerabilities
- Identification of security compliance issues and data privacy risks
- Assessments of platforms such as Microsoft 365 and Azure and recommendations to customize these platforms to your IT infrastructure and risk tolerance
Outsourced IT Services
When you work with PSM, you have the option of outsourcing IT support services in which we can take over and manage certain aspects of your IT system. We can also provide remote 24/7/365 monitoring of your system which allows us to identify any issues or outages before they happen and implement necessary fixes to protect your system and keep it online. We will also provide maintenance reports to keep you up to date on the status of your system.
Is Your Business at Risk?
Take our comprehensive risk assessment quiz to evaluate the current risk posture of your business. In today’s dynamic environment, staying ahead of potential risks is paramount to ensuring the longevity and success of your business. When was the last time you thoroughly assessed your business’ vulnerabilities? Our quiz is designed to provide you with valuable insights into areas where you may be at risk. Upon completion, you’ll receive a personalized risk assessment report highlighting areas of strength and areas for improvement. Armed with this knowledge, you’ll be better equipped to implement proactive strategies and safeguards to protect your business from potential threats.
Cybersecurity Risk Assessment Services FAQ
Any business or organization that has an IT infrastructure and internet connectivity should consider cybersecurity risk assessment to identify potential threats and take steps to improve their security and mitigate threats. Businesses and organizations that process and store sensitive data, work with larger clients, have compliance needs, or have a bigger risk of cybersecurity threats should have regular IT risks assessments.
It is recommended for all businesses and organizations to have at least one cybersecurity risk assessment each year. However, some businesses and organizations may need risk assessments more often depending on certain factors such as risk tolerance, regulatory requirements, threat severity, and organization size and complexity. Businesses that require more frequent assessments should do them 2-4 times each year.
You should also consider having an IT risk assessment if significant changes occur to the business, including adopting new technologies, expanding networks, and accumulating more data.
The cost of a cybersecurity risk assessment can vary widely depending on the size and complexity of the IT infrastructure and the number of devices and users within the network. The cost can be as low as $3000 for a small business and may fall between $15,000 and $40,000 for mid-sized businesses depending on the factors involved. The cost for large businesses and organizations can range from $50,000 up to $500,000.
Talk to Our Cybersecurity Assessment Experts
If your business or organization uses an internet connected IT infrastructure for your operations, you should have it assessed regularly to identify and mitigate threats and vulnerabilities. Our cybersecurity experts at PSM can provide IT risk assessment services for businesses and organizations in the Chicago, IL area. We will identify all risks, threats, and vulnerabilities and provide recommendations on the best ways to address these risks and bolster your security.
Call PSM at (312) 940-7830 for more information about how our cybersecurity risk assessments can help your business.
Call (312) 940-7830