IT Risk Assessments

The purpose of an Information Technology (IT) risk assessment is to assess the processes, resources, and technology in place and determine if controls are implemented correctly, operating as intended, and producing the desired outcome with respect to meeting the security and privacy requirements for the system and the organization.

The IT risk assessment is the process of identifying and assessing security risks across the IT environment. It helps organizations understand the vulnerabilities in their IT environment and prioritize the most critical risks identified.

The IT risk assessment focuses on identifying threats to information systems, networks, and data, and evaluating the potential consequences of adverse events and provides a strategy for prioritizing and sharing information about the security risks to an information technology (IT) infrastructure.

A security incident or system outage can result in substantial financial losses, regulatory fines, and reputational damage. Stetson can assist organizations in identifying potential security in their infrastructure, applications, and processes by conducting thorough third-party assessments to detect vulnerabilities that cybercriminals might exploit, such as outdated software, weak access controls, or misconfigurations.  

IT risk assessments enable proactive risk management by reducing the likelihood of incidents, ultimately safeguarding the organization’s bottom line and brand reputation.

In addition to technology risks, Stetson will review the overall governance for the organization, including policies, procedures, and resources and assess:

* Alignment with technical safeguards.

* Infrastructure security.

* Network infrastructure (Routers, Firewalls, Wireless access points) against industry-accepted hardening standards to identify opportunities to improve secure configuration.

* Server and end-point infrastructure against industry-accepted hardening standards.

* Cloud infrastructure against industry-accepted hardening standards.

* Security vulnerabilities in critical systems.

* Security vulnerabilities involving application interfaces.

* Application Programming Interface (API) testing.