Discover how our Cyber & Tech Team can transform your organization's approach to cyber and privacy risks, offering expert consulting and engineering services.
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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.
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:
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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.
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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.
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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.
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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.
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
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
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
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
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
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
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
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.
At the heart of our consultancy lies a methodical cyber risk management approach which incorporates the following three step process:
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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.
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Following the analysis of your cyber risks, we propose and develop strategies to effectively transfer risks, ensuring a balanced approach to your cybersecurity needs.
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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 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:
What´s the financial impact of cybersecurity incidents on our business next year?
Are our board of directors and incident response team prepared for a major cybersecurity incident?
How do cyber & tech risks affect our operational and strategic objectives?
What is the ROI of investments in managing cyber & tech risk?
How can I measure the effectiveness of our cybersecurity capabilities?
How do I evaluate the effectiveness of our cyber insurance?
Do We Need Cyber Insurance Based on our Current Risk Exposure?
Have we Optimized Cybersecurity Capabilities for the best Cyber Insurance terms?
How can we enhance Our Profile for Insurance Carriers to Secure Optimal Terms
How can I present worst-case cyber security incident scenarios to the board?
How do I enhance our ERM approach with cyber & tech risk insights?
How can we identify emerging cyber and tech threats, and what measures can we take to prepare for rapid response to these threats?
How do I comply with European regulations like NIS2 and DORA?
Can I quantify losses from a data breach?
How do I assess and mitigate privacy risks?
How do I assess the organization's cyber risk culture?
Have we designed proper communication procedures for cybersecurity incidents?
What´s the business impact of unavailability of essential assets?
Am I attractive to cyber adversaries based on my external exposure?
How can I ensure our cybersecurity program is mature?
How do I justify a certain investment in mitigation or people to reduce existing cyber & tech risk?
How do I establish a starting point to measure our cyber risk posture?
How can I prioritize the right actions that we should address to increase our resilience and reduce our exposure to cyber risk?
How well secured and managed is my Active Directory and Data Base infrastructure?
How can I enhance Incident Response and integrate it with crisis management?
How can I enhance Disaster Recovery capabilities?
How can I conduct forensic analysis after a cybersecurity incident?
What´s the maturity level of my OT cybersecurity program?
How can I design the proper OT reference architecture?
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.
