The VisibilIT VitalIT ManageabilIT Assessment (VVMA) is a comprehensive IT assessment that evaluates vulnerabilities, risks, and optimization opportunities across critical infrastructure areas. It identifies deficiencies before they become serious problems. Statistics show data loss and security breaches significantly impact SMBs. A VVMA provides a clear picture of infrastructure vulnerabilities to develop optimized solutions and avoid recovery costs. It examines business operations, hardware, and performs a detailed technical evaluation across 9 areas to assess health and make strategic recommendations.
Management of the IT infrastructure begins at its Foundation. Better Understand how that is defined, implemented and leveraged beyond traditional IT management solutions but in an accreative way.
There is no getting around it, if a business today loses accessto its data, it is soon out of business. There are many reasonswhy an organization could find its access to reliable, securedata compromised—everything from a missing laptop to acorporate merger to a hurricane (see Figure 1). Then there are the legal and compliance requirements. In fact, many
organizations that never previously considered themselves tobe potential targets for hackers, or maintainers of sensitivecustomer data, now find themselves every bit as responsiblefor compliance as banks, hospitals and other traditional sub-jects of compliance regulations.
Management of the IT infrastructure begins at its Foundation. Better Understand how that is defined, implemented and leveraged beyond traditional IT management solutions but in an accreative way.
There is no getting around it, if a business today loses accessto its data, it is soon out of business. There are many reasonswhy an organization could find its access to reliable, securedata compromised—everything from a missing laptop to acorporate merger to a hurricane (see Figure 1). Then there are the legal and compliance requirements. In fact, many
organizations that never previously considered themselves tobe potential targets for hackers, or maintainers of sensitivecustomer data, now find themselves every bit as responsiblefor compliance as banks, hospitals and other traditional sub-jects of compliance regulations.
Presentation from Chesapeake Regional Tech Council\'s TechFocus Seminar on Cloud Security; Presented by Jeff Crume, IBM Distinguished Engineer, IT Security Architect, CISSP-ISSAP on Thursday, October 27, 2011. http://www.chesapeaketech.org
RISKPRO INDIA
• Riskpro is India’s first national practice dedicated to risk management services and training, corporate governance, and global regulatory compliances
• Risk can be defined as a prospect of loss or reduced gain that can adversely affect the achievement of an organisation’s objectives
• When greed overtakes need, it spells trouble. Manifested as ‘bankruptcy’ in much of the developed world and ‘corruption’ closer to home, greed has clearly disrupted some major industrialised economies and enhanced the risks of doing business
• In today’s world, risks are not few. The reason companies so often fail to systematically manage their key risks is rooted in the way they define the risks they face. Risks are manageable and the answer to untapped business opportunities that lie dormant waiting for risk factors to turn favourable
• Riskpro was founded in 2009 with offices in Mumbai, Delhi, and Bangalore and it has already added eight member firms in Ahmedabad, Agra, Chennai, Gurgaon, Hyderabad, Jaipur, Ludhiana, and Pune. All our offices and member firms are well equipped and staffed with qualified professionals viz. CA, CWA, CS, CPA, CIA, CISA, CFA, and MBA
• Riskpro’s founders are qualified risk management specialists with extensive work experience in Europe and USA in several industries and financial institutions
• Riskpro aims to be the preferred service provider for large and medium enterprises on risk protection, corporate governance, and global regulatory issues; delivering state-of-the-art quality and timely services at viable rates
RISKPRO SERVICES
• Our four major practice specialisations /service lines are:
Risk: Enterprise Risk Management (services and training & recruitment)
Governance: Corporate Governance and Transparency
Compliance: Global and Indian Regulatory Compliances
Training: in all of the above service lines
• The Risk Practice deals with all classes of risks and processes viz. governance, strategic, systemic /infrastructure, compliance, reporting, and financial reporting. Processes require that key risks are properly identified, measured, monitored, controlled, and reported. Processes may also require tools like risk based internal audit, information security testing, and fraud investigations, to be employed
• The Governance Practice deals with corporate oversight and risk governance issues within an organization including business continuity planning, compliance with SEBI guidelines by listed companies, regulations relating to independent directors, investor expectation and protection, Clause-49 on corporate governance, etc
• The Compliance Practice covers a wide range of regulatory and environmental compliances including Sox, IFRS, Solvency II, Basel II /III, Corporate Laws & Direct Tax Code etc
• The Training Practice comprises of a variety of structured and /or industry specific training programs and modules designed and conducted by Riskpro experts and trainers at onsite (client or other off
Banking Solutions: Managing Customer Data to Improve EfficiencyIBM Banking
IBM banking front office solutions help banks solve their enterprise customer management issues; manage data effectively to create a single view of the customer and leverage opportunities of up-sell and cross-sell.
eFrame® for Insurance Solvency II Stress TestingSecondFloor
Today not many insurance can claim their Stress Test report is credible enough to base their management strategy on.
Add to this the governance and workflow for each risk type, ensuring modelling processes and risk calculations are running on time and based on validated data, insurers can feel confident that ongoing compliance and supervisory review will be efficient. Having all this is in one proven solution eases the stress of bringing about the positive change intended by the Solvency regulations.
Business Benefits
eFrame® for Insurance Solvency II Stress Testing enables a centralized approach to stress testing that is operationally efficient, overcoming the cost and resource issues that hinder a Insurance’s ability to drive their investments in a prudent way.
A dedicated framework, and working with assumptions that are in line with the actual stressed situation faced by the organisation and with the models actually used for the production of regulatory submissions, gives confidence in the results and subsequent report. As such, the results of the Stress Test and ad-hoc scenario analyses are respected in the business and action is taken on the reports.
Crucially, re-running stress tests to see whether restructuring in light of previous insights has created greater resilience, helps make and explain executive management decisions.
Scott Roe from Corporate Risk Solutions, a solution provider at the marcus evans Generation Summit 2012, on protecting utilities from internal and external attacks.
Interview with: Scott Roe, President, Corporate Risk Solutions
Presentation from Chesapeake Regional Tech Council\'s TechFocus Seminar on Cloud Security; Presented by Jeff Crume, IBM Distinguished Engineer, IT Security Architect, CISSP-ISSAP on Thursday, October 27, 2011. http://www.chesapeaketech.org
RISKPRO INDIA
• Riskpro is India’s first national practice dedicated to risk management services and training, corporate governance, and global regulatory compliances
• Risk can be defined as a prospect of loss or reduced gain that can adversely affect the achievement of an organisation’s objectives
• When greed overtakes need, it spells trouble. Manifested as ‘bankruptcy’ in much of the developed world and ‘corruption’ closer to home, greed has clearly disrupted some major industrialised economies and enhanced the risks of doing business
• In today’s world, risks are not few. The reason companies so often fail to systematically manage their key risks is rooted in the way they define the risks they face. Risks are manageable and the answer to untapped business opportunities that lie dormant waiting for risk factors to turn favourable
• Riskpro was founded in 2009 with offices in Mumbai, Delhi, and Bangalore and it has already added eight member firms in Ahmedabad, Agra, Chennai, Gurgaon, Hyderabad, Jaipur, Ludhiana, and Pune. All our offices and member firms are well equipped and staffed with qualified professionals viz. CA, CWA, CS, CPA, CIA, CISA, CFA, and MBA
• Riskpro’s founders are qualified risk management specialists with extensive work experience in Europe and USA in several industries and financial institutions
• Riskpro aims to be the preferred service provider for large and medium enterprises on risk protection, corporate governance, and global regulatory issues; delivering state-of-the-art quality and timely services at viable rates
RISKPRO SERVICES
• Our four major practice specialisations /service lines are:
Risk: Enterprise Risk Management (services and training & recruitment)
Governance: Corporate Governance and Transparency
Compliance: Global and Indian Regulatory Compliances
Training: in all of the above service lines
• The Risk Practice deals with all classes of risks and processes viz. governance, strategic, systemic /infrastructure, compliance, reporting, and financial reporting. Processes require that key risks are properly identified, measured, monitored, controlled, and reported. Processes may also require tools like risk based internal audit, information security testing, and fraud investigations, to be employed
• The Governance Practice deals with corporate oversight and risk governance issues within an organization including business continuity planning, compliance with SEBI guidelines by listed companies, regulations relating to independent directors, investor expectation and protection, Clause-49 on corporate governance, etc
• The Compliance Practice covers a wide range of regulatory and environmental compliances including Sox, IFRS, Solvency II, Basel II /III, Corporate Laws & Direct Tax Code etc
• The Training Practice comprises of a variety of structured and /or industry specific training programs and modules designed and conducted by Riskpro experts and trainers at onsite (client or other off
Banking Solutions: Managing Customer Data to Improve EfficiencyIBM Banking
IBM banking front office solutions help banks solve their enterprise customer management issues; manage data effectively to create a single view of the customer and leverage opportunities of up-sell and cross-sell.
eFrame® for Insurance Solvency II Stress TestingSecondFloor
Today not many insurance can claim their Stress Test report is credible enough to base their management strategy on.
Add to this the governance and workflow for each risk type, ensuring modelling processes and risk calculations are running on time and based on validated data, insurers can feel confident that ongoing compliance and supervisory review will be efficient. Having all this is in one proven solution eases the stress of bringing about the positive change intended by the Solvency regulations.
Business Benefits
eFrame® for Insurance Solvency II Stress Testing enables a centralized approach to stress testing that is operationally efficient, overcoming the cost and resource issues that hinder a Insurance’s ability to drive their investments in a prudent way.
A dedicated framework, and working with assumptions that are in line with the actual stressed situation faced by the organisation and with the models actually used for the production of regulatory submissions, gives confidence in the results and subsequent report. As such, the results of the Stress Test and ad-hoc scenario analyses are respected in the business and action is taken on the reports.
Crucially, re-running stress tests to see whether restructuring in light of previous insights has created greater resilience, helps make and explain executive management decisions.
Scott Roe from Corporate Risk Solutions, a solution provider at the marcus evans Generation Summit 2012, on protecting utilities from internal and external attacks.
Interview with: Scott Roe, President, Corporate Risk Solutions
Factor in the security threat of mobile devices and the rise in compliance demands, and the situation threatens to spin out of control. CSC, in partnership with RSA and IDG Research, recently surveyed IT professionals across a wide array of industries on their top security challenges and concerns.
Getting Real About Security Management and “Big Data” EMC
It’s an exciting yet daunting time to be a security professional. Security threats are becoming more aggressive and voracious. Governments and industry bodies are getting more prescriptive around compliance. Combined with exponentially more complex IT environments, security management is increasingly challenging. Moreover, new “Big Data” technologies purport bringing advanced analytic techniques like predictive analysis and advanced statistical techniques close to the security professional.
This Special Report from the Security for Business Innovation Council identifies four technology trends -- cloud computing, social media, big data, and mobile devices -- as game-changers for 2013 and offers concrete guidance on how security teams can meet these requirements.
3 key considerations for IT teams at small to midsized firms.How data, security & support should influence platform decisions for tech decision makers.
Visit ReadyTalk at: http://www.readytalk.com/
It is never possible to guarantee that a company is totally secure or that a breach will not occur, however implementing the latest tools and providing ongoing, end-user education will minimize those risks and allow companies to focus more on growing their business rather than repairing it.
"Cybercriminals are more aggressive and technically proficient - they are professional, industrialized with well-defined organizational structures" "It’s now more than ever IT security professionals, businesses, agencies, and authorities need to collaborate and function as a unified force, exchanging resources, information, and intelligence to reduce the threat of Cybercriminal activities."
1. VisibilIT, VitalIT, ManageabilIT Assessment™ (VVMA)
Optimization
The Statistics Are Alarming
Not A “Cookie-Cutter” IT Assessment
The VisibilIT VitalIT ManageabilIT Assessment™ (VVMA) is a comprehensive process used to The unfortunate side effect of businesses
gather a precise, unbiased and expansive understanding of an organization’s IT infrastructure, becoming increasingly reliant on technology
assets, performance and costs. The highly analytical information and insight resulting from a is they are simultaneously becoming more
vulnerable to security breaches and data loss,
VVMA distinguishes it from other “network analyses” or “IT assessments,” which often overlook and are also more likely to incur exorbitant
critical deficiencies, don’t take business objectives into account or fail to address specific expenses associated with disaster recovery
customer concerns. efforts.
Statistics show the impact of IT-related risks
Latent Vulnerabilities and Threats Can Have Disastrous Results impacting SMB in profound ways:
Security breaches, data loss and disasters are unfortunate realities that most businesses will
• 48% of SMBs have experienced data
experience at some point in time, yet a vast majority of business owners possess a false sense of loss as a result of improper data
protection from such threats. Even in light of recent and constant high profile security breaches, backup and/or disaster recovery
scandals, disasters and data loss in billion dollar corporations, many small and medium sized plans2.
businesses (SMBs) still rely precariously on 3-year old firewalls and out-of-the-box “fail-proof”
• Almost a quarter of SMBs are likely
backup systems, which are alarmingly insufficient for protecting their most valuable business to declare a disaster in any given
assets. five-year period3.
According to a recent study by Ponemon Research Institute, 90% of all organizations surveyed • The average total cost of damages
and recovery for an SMB that incurs a
have had a security breach in the last 12 months1. More than half of the CEOs of those companies disaster is $1.4 million3.
breached felt their IT infrastructure was “moderately to well protected” from invasion prior to the
security incident, but couldn’t elaborate as to what kind of protections they had in place or how • Every hour of downtime costs an SMB
they knew they were sufficient. an average of $145,0003.
• 90% of SMBs have experienced a
When it comes to data security, backup and recovery, it’s not uncommon for business owners security breach within the last year1.
and CEOs to be under-informed of just how vulnerable their business really is to the myriad of
potential causes of data loss, including security breaches, viruses/malware, hardware failures, • 59% of SMBs have suffered two or
more security incidences in that same
current/former employee tampering and other “disasters” that run rampant today. time period1.
• How can a business owner or executive be • 41% of SMBs reported the security
sure their network is secure, their backup breach they experienced resulted in
$500,000+ in combined expenses1.
systems are functioning properly and their
most sensitive, critical data is safe?
A VVMA provides a clear picture of the
• How do they know if their IT infrastructure is vulnerabilities within an IT infrastructure so
optimally aligned with their specific and an optimized solution and maintenance plan
ever-changing business needs? can be developed, and hundreds of
thousands of dollars in potential recovery
• How can a non-technical business executive and downtime costs can be averted.
be really sure that “everything is under
control” related to IT systems, security,
operations and costs?
Without knowing the risks and vulnerabilities lurking within a company’s IT infrastructure, it’s
nearly impossible to know for sure how secure or stable it really is, let alone develop an
appropriate remediation and ongoing management strategy. The VVMA reveals any deficiencies
and risk factors so they can be objectively addressed, investigated and resolved before they T G
become dangerous liabilities with detrimental and often business-threatening consequences.
1
“Perceptions About Network Security,” Ponemon Institute Research, June 2011; http://www.juniper.net/us/en/local/pdf/additional-resources/ponemon-perceptions-network-security.pdf
2
“New Research from Carbonite Shows Almost Half of Nation’s Small Businesses Have Lost Data,” Carbonite, April 2011; http://www.carbonite.com/en/about/press/press-releases/New-
Research-from-Carbonite-Shows-Almost-Half-of-Nation-s-Small-Businesses-Have-Lost-Data.aspx
3
“Wake Up Call – You Aren’t Ready for Disaster,” Forrester Research Inc., February 9, 2011; on “Global Disaster Recovery Preparedness Online Survey,” Disaster Recovery Journal, November 2010.