Security and technology risks were being assessed and managed in a fragmented manner across different teams and initiatives. While regulatory and compliance obligations existed, the organization lacked a unified security risk framework, consistent risk taxonomy, and standardized assessment methodology to support risk-based decision-making at the enterprise level.
1. Due Diligence & Current-State Review
Conducted workshops and interviews with security, IT, and governance stakeholders to understand existing risk practices, regulatory drivers, and decision-making processes.
2. Security Risk Framework Design
Designed a structured security risk management framework defining risk categories, lifecycle stages, assessment criteria, and governance touchpoints aligned with regulatory expectations.
3. Risk Taxonomy & Methodology Development
Established a common risk taxonomy and standardized risk assessment methodology, enabling consistent identification, analysis, and prioritization of security risks.
4. Governance & Operating Model Definition
Defined roles, responsibilities, escalation paths, and reporting structures to support effective ownership and oversight of security risk.
5. Pilot Risk Assessment & Validation
Applied the framework through pilot assessments on selected assets and scenarios to validate practicality and refine scoring, documentation, and reporting mechanisms.
6. Knowledge Transfer & Executive Alignment
Delivered documentation, templates, and walkthrough sessions to enable internal teams to adopt and operationalize the framework.
