Cyber Risk Assessment with ENHALO | Case Study
Client – A mid-size UK financial institution focusing on personal banking.?
Challenge – The organization invested in cybersecurity defenses, ticking all the standard boxes required for their industry. Even though the financial institution thought they were prepared for attacks, chaos erupted when attackers gained access and encrypted systems. This raised concerns with senior management regarding how effective the protection and security were and how this risk occurred.
Solution – Following a successful Emergency Cyber Response, the Finance institution partnered with ENHALO to perform a Cyber Risk Assessment, which revealed previously unknown critical risks. Determining the institutions’ actual Cyber Risk Profile assisted senior management in having the visibility and response plan to take the necessary action. This allowed cybersecurity investments to be channeled to areas with the most significant risk. Other risks were accepted into the risk register to be re-evaluated later.
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