Risk Assessment

Information security risk assessments identify vulnerabilities and gaps in your security controls and technology systems.

Understand risk. Create a plan. Improve security posture.

Risk management is the continuous process of finding, evaluating and addressing risk. A risk assessment is the first stage in a resilient risk management program. Select HBS for your risk assessment and get a clear plan to reduce your security risk.

With a clear understanding of your specific risks, you'll avoid uncertainty and unnecessary spending. At each stage, we use a process that helps IT departments and senior leadership determine and measure risk while matching business goals. 

An HBS risk assessment will:

  • Identify asset vulnerabilities
  • Gather threat and vulnerability information
  • Identify internal and external threats
  • Identify risk likelihoods and potential business impacts  
  • Determine risk
  • Identify and prioritize risk responses
  • Create a plan

A risk assessment by HBS will also help you comply with the various federal and industry regulations that apply to your business. Whether you need to meet the requirements of SOX, GLBA, HIPAA, or PCI-DSS, we can help you identify the gaps in your security controls and provide recommendations to remediate them.

Our risk assessment reports will provide you with clear and actionable insights that will enable you to protect your data and reputation from cyber threats.  Talk to Sales

Watch this video to get a feel for what it's like to experience an HBS risk assessment.

Need to know your risk?
We can help.

Cybersecurity is a top priority for most organizations. It starts with understanding your risk. Lean on our team to guide your organization to a strong security future.

Get a risk assessment.
Experience true understanding.

Partner with HBS for your risk assessment to ensure an understanding of vulnerabilities and threats. Build a resilient and forward-looking organization with data-driven risk insights.

By carefully examining your technology stacks, procedures, and governance practices, an in-depth risk assessment uncovers hidden vulnerabilities. We use data-driven insights to identify specific challenges and compare them with best practices, resulting in suggested mitigation strategies that form a robust plan for resilience and sustained growth.

Specialized Experience

Our experts have the skills and knowledge to conduct a rigorous and accurate risk assessment for your organization. Our specialized risk assessments ensures each evaluation is aligned with recognized industry standards. Some of the specific assessments we perform are:

  • NIST Cybersecurity Framework (CSF)
  • NIST SP 800-171
  • NIST SP 800-53
  • CMMC
  • CIS Controls
  • GBLA

Unbiased Perspective

Our external position allows us to see risks that might be missed internally due to organizational dynamics.

Cost-Effective & Timely

Save your in-house resources by letting us deliver a budget-friendly and prompt assessment, customized for your organization's needs. Request a Quote

Cutting-Edge Tools

We use the latest tools and methods, ensuring you get the most in-depth and useful insights in the industry.

Compliance Made Easy

We keep up with changing regulations. Work with us, and you'll meet industry and governmental standards with confidence.

Industry-Wide Insights

Working in different sectors, we bring a wealth of best practices and solutions to you, giving you an advantage.

Clear, Practical Reporting

Our reports are not only detailed but also clear, helping quick decision-making for stakeholders.

Flexible Scale

From specific departments to entire organizations, our services adjust to your exact needs.

A Comprehensive Approach

Our multidisciplinary team covers every aspect of your risk assessment, from technical details to human factors.

Why Risk Assessment by HBS?

We Bring a Business Mindset

We get to know your specific business model and risk appetite before we deliver a single assessment or make any recommendations.

We Ask the Right Questions

As an objective third party, we'll dive deep to cut through internal politics and produce insights for improving your information security policies.

We Provide Clear Next Steps

We identify what you should tackle first as you build a foundation for a best-in-class security program. Talk to Sales
Two Men Conducting a Risk Assessment in an Office with Numerous Windows

The Risk Assessment Process

All Caps Prepare

Step 1: Prepare for the Information Security Risk Assessment

We start by understanding what information you want the assessment to produce and what decisions you plan to guide with the results.
All Caps Evaluate

Step 2: Conduct the Information Security Risk Assessment

While conducting the assessment, we produce a list of information security risks prioritized by risk level so you can make informed response decisions. We'll analyze threats, vulnerabilities, impacts and likelihood. The HBS assessment process includes the following key steps outlined by NIST:

Identify Threat Sources

Identify and characterize threat sources of concern, including capability, intent and targeting characteristics for adversarial threats and range of effects for non-adversarial threats.

Identify Threat Events

Identify potential threat events, relevance of events and threat sources that could initiate the events.

Identify Vulnerabilities and Predisposing Conditions

Identify vulnerabilities and predisposing conditions that affect the likelihood that the threat events of concern result in adverse impacts.

Determine Likelihood

Determine the likelihood that threat events of concern result in adverse impacts, considering: (i) the characteristics of the threat sources that could initiate the events; (ii) the vulnerabilities/predisposing conditions identified; and (iii) the organizational susceptibility reflecting the safeguards/countermeasures planned or implemented to impede such events.

Determine Impact

Determine the adverse impacts from threat events of concern considering: (i) the characteristics of the threat sources that could initiate the events; (ii) the vulnerabilities/predisposing conditions identified; and (iii) the susceptibility reflecting the safeguards/countermeasures planned or implemented to impede such events.

Determine Risk

Determine the risk to the organization from threat events of concern considering: (i) the impact that would result from the events; and (ii) the likelihood of the events occurring.

All Caps Deliver

Step 3: Communicate and Share Security Risk Assessment Information

We communicate the assessment results via a risk register that identifies, describes and ranks the risk level of each risk. With this detailed summary, we ensure that leaders across the organization have the appropriate information to guide decisions.
All Caps Maintain

Step 4: Maintain the Assessment

Finally, we help you leverage what you've learned by developing specific next steps to remediate high risks and other concerns identified in the assessment.

Interested in a Risk Assessment?

Request a complimentary quote today.