Skip to main content
main content, press tab to continue

Cyber Risk Consulting and engineering services: Safeguarding your digital transformation

Discover how our Cyber & Tech Team can transform your organization's approach to cyber and privacy risks, offering expert consulting and engineering services.

Contact Us

Welcome to the WTW Cyber & Tech Team, a global provider of comprehensive consulting and engineering services . Our team is dedicated to optimizing your cyber and privacy risk mitigation and transfer strategies, helping you navigate the complexities of digital transformation. With a global presence spanning over 40 countries and a rich portfolio of services, WTW helps organizations maximise security budgets and mitigation measures.

Benefits of using consultancy services

The core services we offer are meticulously designed to address the multifaceted challenges in the realm of cyber risk management and organizational trust. These services encompass benefits such as:

  1. 01

    Cost reduction strategies

    We focus on a comprehensive analysis of your cyber risk landscape. Our expertise lies in identifying, assessing, and quantifying cyber risks. This enables organizations to make informed decisions about their investments in cyber risk mitigation and transfer strategies. The key is not just to reduce costs but also to ensure these expenditures align seamlessly with your broader business objectives.

  2. 02

    Risk mitigation techniques

    Our portfolio of services includes developing and implementing risk mitigation techniques carefully prioritized and planned to align with your technology roadmap and business goals. Such strategic alignment is crucial in mitigating risks effectively and efficiently, ensuring that your resources are utilized in the most impactful way.

  3. 03

    Enhancing trustworthiness

    In today's digital landscape, an organization's trustworthiness is paramount, particularly in how it responds to and recovers from cyber incidents. Our role is to fortify your response and recovery capabilities comprehensively. By doing so, you willbolster the overall trustworthiness of your organization in the eyes of stakeholders and clients.

  4. 04

    Improving cross-visibility

    An often-overlooked aspect of cybersecurity is the internal visibility and communication among various departments. Our services are designed to bridge gaps between different organizational areas, such as IT, Operational Technology (OT), Cybersecurity, Insurance, Risk Management, Legal, Financial, and Human Resources. By providing a unified view of technology, cyber, and privacy risks, we facilitate enhanced visibility and smoother communication across these departments. This holistic approach ensures that all parts of your organization are aligned and informed, making your cybersecurity efforts more cohesive and effective.

In summary, our core services collectively offer a robust and comprehensive approach to managing and mitigating cyber risks in a complex and evolving digital landscape.

Tailored solutions for every role: Cyber and privacy risk management

Innovative role-based approach in cybersecurity

Our distinctive role-based strategy distinguishes us within the cybersecurity field. This methodology focuses on converting complex cyber and privacy risk data into practical, role-specific insights. This tailored strategy ensures that every department, from CISOs to CFOs, receives customized information for effective decision-making.

Recognizing that cybersecurity is not a one-size-fits-all solution, we offer a spectrum of services designed for the distinct challenges faced by different roles within an organization. Whether it's understanding the technical nuances of a cyber threat for a CISO or grasping the financial ramifications for a CFO, our Enterprise [Cyber & Tech] Risk Management service equips each department with the tools and knowledge to make informed, strategic decisions.

Our role-based approach is more than a service; it's a commitment to providing tailored cybersecurity strategies that address the unique needs and challenges of every member of your organization.

CEO & COO focus: Strategic implications

CEO & COO focus: Strategic implications

We delve into pivotal issues such as the financial implications of cybersecurity incidents, the readiness of your board and incident response teams, and the overarching influence of cyber and tech risks on both operational efficiency and strategic objectives.

CFO’s perspective: Financial and risk management

CFO’s perspective: Financial and risk management

Our expertise extends to assisting CFOs in comprehending the nuanced return on investment (ROI) for cybersecurity initiatives, evaluating the efficacy of existing cybersecurity measures, and demystifying the complexities of cyber insurance coverage and its benefits.

Insurance manager's role: Navigating cyber insurance

Insurance manager's role: Navigating cyber insurance

We guide insurance managers through the intricacies of cyber insurance, focusing on identifying essential cybersecurity capabilities, determining insurance needs, and strategies to improve terms and conditions offered by insurers.

CRO & risk manager insights: Enhancing enterprise risk management

CRO & risk manager insights: Enhancing enterprise risk management

Our approach for CROs and Risk Managers includes enriching the Enterprise Risk Management (ERM) framework with comprehensive cyber and tech risk insights, identifying, quantifying, and managing emerging threats, and specifically addressing risks associated with Artificial Intelligence (AI) systems.

Legal counsel & privacy manager's challenges: Regulatory compliance and data protection

Legal counsel & privacy manager's challenges: Regulatory compliance and data protection

We offer specialized services to support with compliance with critical European regulations like NIS2 and DORA. This includes quantifying losses due to data breaches, aligning with GDPR requirements, and overall privacy risk management.

HR & talent manager's concerns: Cultivating a cyber resilient culture

HR & talent manager's concerns: Cultivating a cyber resilient culture

Our role extends to assessing and fortifying the cyber risk culture within organizations. We design and implement effective communication strategies and protocols to oversee cybersecurity incidents, fostering a culture of awareness and preparedness.

IT, OT, and cybersecurity areas: Technical risk assessment and mitigation

IT, OT, and cybersecurity areas: Technical risk assessment and mitigation

Our specialized services provide a comprehensive analysis and nuanced comparison of risks, both in on-premises and cloud-based environments. Our services help identify and address external and internal vulnerabilities, assessing your cybersecurity maturity level, designing mitigation roadmaps, enhancing your cybersecurity controls, and optimizing your business continuity, response and recovery capabilities.

Our role-based approach ensures that each department is not only aware of the cyber risks pertinent to their area but is also equipped with the knowledge and tools to effectively mitigate these risks.

Our consultation process: A comprehensive approach to cyber risk management

At the heart of our consultancy lies a methodical cyber risk management approach which incorporates the following three step process:

A graphic showing our cyber risk consultancy and engineering services process
The cyber risk consulting and engineering services process
  1. 01

    Risk identification, assessment and quantification

    We begin by identifying, assessing, and quantifying inherent cyber & tech risks in your organization or any third parties involved. This stage uses a diverse approach be it qualitative, quantitative, focused on assessing your current IT/OT infrastructure, or cantered around people and corporate culture.

  2. 02

    Transfer and insurance optimization

    Following the analysis of your cyber risks, we propose and develop strategies to effectively transfer risks, ensuring a balanced approach to your cybersecurity needs.

  3. 03

    Mitigation, response and recover capabilities

    At any step, we can help you in reducing your current risk and increasing your resilience by conducting targeted mitigation Additionally we ensure your organization is equipped to respond and recover rapidly and systematically to any cybersecurity incident.

Our consultancy and risk engineering services

Our methodology (identification, assessment, quantification, mitigation, transfer, response and recovery) is not only applicable to cybersecurity risks but also extends to Operational Technology (OT) and privacy-related risks, safeguarding rights, and freedoms.

Use the information below to identify the right services to fit you specific organisational roles and needs:

IT/OT security
  • Cyber Risk Quantification & Management
  • Cybersecurity Maturity Assessment
  • Procedures & Configuration Assessment
  • Cyber Due Diligence (M&A)
  • Cyber Risk Culture Assessment
  • External Attack Surface Assessment
  • Cloud Infrastructure Cybersecurity Assessment
  • Microsoft 365 & Google Workspace Assessment
  • Active Directory Cybersecurity Assessment
  • Vulnerabilities Assessment
Privacy & data protection
  • Privacy Risk & Data Breach Quantification
  • GDPR GAP Assessment
  • Data Privacy Impact Analysis (DPIA)
  • Privacy Risk Assessment
IT/OT security
  • Cybersecurity Maturity for Transfer
  • Cyber Roadshows Design & Accompany
  • Cyber Insurance Analysis & Optimization
Privacy & data protection
  • Privacy Risks alignment against cyber insurance
IT/OT security
  • Strategic Cybersecurity Plan Design & Metrics Definition
  • Mitigation & Cybersecurity Plan Design
  • Policies & Procedures & Configuration Design
  • Vendors Benchmarking & Recommendation
  • Tailored Role-Based Cybersecurity Training
  • Tailored Phishing Exercise and Awareness Program
  • Network Segmentation & Segregation Assessment
  • DB Encryption & Hardening Roadmap and Services
Privacy & data protection
  • Mitigation Privacy Plan Design
  • Tailored Role-Based Privacy Training
IT/OT security
  • Business Continuity Plan & Digital Business Impact Analysis
  • Incident Response Plan Design & Review & CM Integration
  • Tabletop & Crisis Management (CM) Exercises
  • Workflow & Playbook Design & Review
Privacy & data protection
  • Data Breach response protocol design
  • Data Breach response protocol simulation
IT/OT security
  • Backup & Recovery Capabilities Assessment
  • Disaster Recovery Plan (DRP) Design & Review
  • Disaster Recovery Simulations
  • Cybersecurity Incident Support & Forensic Services

Addressing your concerns about cyber by role

  1. What´s the financial impact of cybersecurity incidents on our business next year?

    • Potential financial impacts include direct costs, reputational damage, and operational disruptions.
    • Related Service: + Cyber Risk Quantification & Management
  2. Are our board of directors and incident response team prepared for a major cybersecurity incident?

    • Preparedness depends on current incident response plans and board-level awareness of cybersecurity risks.
    • Related Service: + Tabletop & Crisis Management (CM) Exercises
  3. How do cyber & tech risks affect our operational and strategic objectives?

    • These risks can hinder operational efficiency and strategic goals, impacting company growth and stability.
    • Related Service: + Cyber Due Diligence (M&A)
  1. What is the ROI of investments in managing cyber & tech risk?

    • ROI includes reduced risk exposure, financial loss prevention, and improved cyber resilience.
    • Related Service: + Cyber Risk Quantification & Management
  2. How can I measure the effectiveness of our cybersecurity capabilities?

    • Effectiveness can be measured through risk reduction, incident response efficiency, and compliance levels.
    • Related Service: + Cybersecurity Program Metrics Definition
  3. How do I evaluate the effectiveness of our cyber insurance?

    • Assess coverage adequacy, claim response, and alignment with your organization's risk profile.
    • Related Service: + Cybersecurity Maturity for Transfer (Cyber Insurability Preparedness)
  1. Do We Need Cyber Insurance Based on our Current Risk Exposure?

    • Determining the necessity of cyber insurance and its appropriate scope (including limits, deductibles, and sub-limits) hinges on a thorough assessment of our current risk exposure.
    • Related Service: + Cyber Risk Quantification & Management
  2. Have we Optimized Cybersecurity Capabilities for the best Cyber Insurance terms?

    • Key capabilities for cyber insurance should include comprehensive risk management, effective incident response, and adherence to industry standards.
    • Related Service: + Cyber Risk Quantification & Management
  3. How can we enhance Our Profile for Insurance Carriers to Secure Optimal Terms

    • Improving your profile involves demonstrating robust cyber hygiene and a forward-thinking risk management strategy.
    • Related Service: + Cyber Roadshows Design & Accompany
  1. How can I present worst-case cyber security incident scenarios to the board?

    • Utilize comprehensive risk assessments and scenario planning to illustrate potential impacts.
    • Related Service: + Cyber Risk Quantification & Management
  2. How do I enhance our ERM approach with cyber & tech risk insights?

    • Integrate cyber risk insights into ERM by aligning them with business objectives and risk appetite.
    • Related Service: + Cyber Risk Quantification & Management
  3. How can we identify emerging cyber and tech threats, and what measures can we take to prepare for rapid response to these threats?

    • Emerging threats in the cyber and tech landscape require vigilant identification and preparation. Businesses should focus on how to respond to these unforeseen challenges effectively and swiftly.
    • Related Service: + Business Continuity Plan & Digital Business Impact Analysis
  1. How do I comply with European regulations like NIS2 and DORA?

    • Support compliance by staying updated on regulations, conducting regular audits, and implementing necessary changes.
    • Related Service: + NIS2 Directive & DORA Regulation Alignment
  2. Can I quantify losses from a data breach?

    • Quantifying losses involves assessing direct costs, regulatory penalties, and long-term reputational damage.
    • Related Service: + Privacy Risk & Data Breach Quantification and + Data Privacy Impact Analysis (DPIA)
  3. How do I assess and mitigate privacy risks?

    • Assess risks through privacy impact analyses and mitigate them by implementing strong data protection measures.
    • Related Service: + GDPR GAP Assessment
  1. How do I assess the organization's cyber risk culture?

    • Assess by evaluating employee awareness, response capabilities, and adherence to cybersecurity policies.
    • Related Service: + Cyber Risk Culture Assessment
  2. Have we designed proper communication procedures for cybersecurity incidents?

    • Effective communication procedures should include clear protocols, stakeholder engagement, and crisis management strategies.
    • Related Service: + Incident Response Plan Design & Review & Crisis Management Integration
  1. What´s the business impact of unavailability of essential assets?

    • The impact includes operational disruption, financial loss, and potential harm to customer trust.
    • Related Service: + Business Continuity Plan & Digital Business Impact Analysis and Cyber Risk Quantification & Management.
  1. Am I attractive to cyber adversaries based on my external exposure?

    • Attractiveness is determined by the visibility of vulnerabilities and the value of accessible assets.
    • Related Service: + External Attack Surface Assessment
  2. How can I ensure our cybersecurity program is mature?

    • Maturity is ensured by comprehensive risk management, continuous improvement, and alignment with business goals.
    • Related Service: + Cybersecurity Maturity Assessment and Mitigation & Cybersecurity Plan Design.
  3. How do I justify a certain investment in mitigation or people to reduce existing cyber & tech risk?

    • Justifying investments in cyber risk mitigation involves demonstrating the value and potential return on these investments. This can be achieved by quantifying the risks in monetary terms and showcasing how strategic investments in mitigation and skilled personnel can significantly reduce these risks.
    • Related Service: + Cyber Risk Quantification & Management and Strategic Cybersecurity Plan Design & Metrics Definition
  1. How do I establish a starting point to measure our cyber risk posture?

    • Establish a baseline by conducting thorough risk assessments and aligning with industry benchmarks.
    • Related Service: + Cloud Infrastructure Cybersecurity Assessment and + Microsoft 365 & Google Workspace Assessment
  2. How can I prioritize the right actions that we should address to increase our resilience and reduce our exposure to cyber risk?

    • We recommend you begin with a comprehensive Cybersecurity Maturity Assessment. This assessment will help you understand your current cybersecurity posture and identify key areas for improvement. Based on these insights, you can then design a targeted Mitigation and Cybersecurity Plan that focuses on the most critical areas first, ensuring that resources are allocated effectively to address the highest risks and vulnerabilities.
    • Related Service: + Cybersecurity Maturity Assessment and Mitigation & Cybersecurity Plan Design.
  3. How well secured and managed is my Active Directory and Data Base infrastructure?

    • Security and management depend on regular audits, adherence to best practices, and prompt vulnerability remediation.
    • Related Service: + Active Directory Cybersecurity Assessment and DB Encryption & Hardening Services.
  1. How can I enhance Incident Response and integrate it with crisis management?

    • Enhance by developing comprehensive plans, conducting regular drills, and integrating with overall business continuity strategies.
    • Related Service: + Incident Response Plan Design & Review & Crisis Management Integration
  2. How can I enhance Disaster Recovery capabilities?

    • Strengthening Disaster Recovery capabilities involves a two-pronged approach. Firstly, developing a comprehensive Disaster Recovery Plan (DRP) tailored to your specific organizational needs is crucial. Secondly, conducting regular Disaster Recovery Simulations is key. These simulations test and refine your DRP in real-world scenarios, ensuring your team is well-prepared and the plan is robust and effective in actual disaster situations.
    • Related Service: + Disaster Recovery Plan (DRP) Design & Review and + Disaster Recovery Simulations
  3. How can I conduct forensic analysis after a cybersecurity incident?

    • Conduct through systematic evidence collection, expert analysis, and collaboration with legal and IT teams.
    • Related Service: + Cybersecurity Incident Support & Forensic Services
  1. What´s the maturity level of my OT cybersecurity program?

    • Maturity is assessed through compliance with standards, risk management effectiveness, and resilience capabilities.
    • Related Service: + OT Cybersecurity Maturity Assessment and OT Cyber Risk Quantification & Management.
  2. How can I design the proper OT reference architecture?

    • Design by aligning with industry standards, understanding network needs, and considering security levels.
    • Related Service: + IEC 62443 Zones, Conduits and Channels and SL Definition


The Cyber & Tech 2024 Webinar Series

In 2024, our team will deliver a series of webinars addressing crucial topics like NIS2 & DORA regulations, cyber risk quantification, operational technology, systemic risk, incident response capabilities, and more.


Contact us