Financial services firms have been facing an unprecedented level of cyberattacks in recent months. In many cases, those increasingly sophisticated attacks are proving very successful. More than £503m had been stolen from UK financial institutions through authorised and unauthorised fraud in the first 6 months of 2018 alone.
- A cybersecurity strategy needs the full involvement and support from the C-suite and board.
- Senior leaders don’t always fully understand some of the risks the firm has taken on, whether explicit or implicit—but they should.
Is the average cost to a business, due to cyber crime, with the financial services industry seeing the highest cost.
Of cyber attacks start with spear phishing emails.
OUR VALUE PROPOSITION
We help organisations mature their GRC strategies whilst adopting an integrated approach with the SYNERGi GRC platform.
The WCC for Cyber Security spans across geos, offering organisations an opportunity to enhance their cyber security strategy and approach to compliance with the following propositions:
- GRC change programs – using highly experienced consultants to carry out assessments to help organisations build and implement integrated cyber risk management frameworks
- SYNERGi GRC platform – an all-in-one platform with a 360 degree approach to bringing all governance, risk and compliance frameworks into one place to help organisations overcome the increasing cyber security challenges and threats
- Security Testing – applying the mentality of a hacker to an organisation to understand the vulnerabilities and how to fix them
We support organisations at every step of their cyber maturity journey.
With an integrated approach to manage your end-to-end cyber landscape.
GRC STRATEGY DEFINITION
We work with businesses of all sizes to help them build integrated cyber risk management frameworks, develop strategies that allows their business to thrive and implement the process, procedures and systems that enable management to reduce the impact of operational risk and let them focus on what they do best, running their businesses.
Security testing applies the mentality of a hacker to your organisation across all disciplines – so you know for sure if you have any vulnerabilities, where they lie and how to fix them. Our testing portfolio covers a wide range of applications, including smartphone, client-server, web and web service applications, as well as radio equipment, nodes and identity management.
BRITISH MULTINATIONAL FINANCIAL SERVICES COMPANY
SUPPLIER MANAGEMENT AND PEN TEST PORTAL - SYNERGi
The insurance division utilises the newly created pen-test portal to manage all their remediation activities for pen testing and the investment arm uses the vendor management module to focus on the management and compliance of their supply chain - which IRM also provides a managed service of carrying out third party due diligence assessments.
TRAVELEX – GLOBAL CURRENCY EXCHANGE
TRAVELEX ACHIEVES PERVASIVE RISK VISIBILITY - SYNERGi
As an FCA regulated company Travelex wanted to digitise their Anti–Money Laundering (AML), Know Your Customer (KYC) and Sanctions compliance obligations. We helped them to automate their processes, empower their compliance team to make better decisions faster. The service is delivered across 200 countries and 2000 currency stores.
LEADING RETAIL AND COMMERCIAL BANK IN THE UK
GDPR TRANSFORMATION PROGRAM
Delivered entire GDPR transformation program.
Annual Red Teaming exercise is also conducted along with third party due diligence assessments, ISO27001 consultancy.
Delivered company wide Cyber Awareness Week, delivering training and content to all staff. Ad-hoc pen tests are also completed.
OUR WHITE PAPERS
The NIS directive: have you got a cyber solution?
This practical guidance paper explores the basics of the NIS Directive and what is required from organisations of national importance.Download
Strategic Grc: Risk Reduction Programme
Is your business currently finding it difficult to keep abreast of change, technology, and your threat landscape?Download