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Risk Assessment Services

Risk Management Discovery Session
Risk Assessment Services

What is a Risk Assessment?

A risk assessment identifies the information systems and resources that could be affected by a cybersecurity attack.
Once risks are identified, they can be properly documented and mitigated as part of a cybersecurity policy framework, which use controls to eliminate or reduce the risk of each finding.
Risk assessments are also key components of larger compliance initiatives that are designed to ensure IT environments, processes, and procedures meet a specific list of conditions or requirements to ensure they meet the specified ideal.

Risk Assessment services overview

Risk assessments shine lights on areas for improvement.
1

Identify areas of business risk

Identifying and documenting known areas of risk is a critical step in selecting appropriate controls and mitigation strategies in order to protect critical IT assets and sensitive data.

2

Meet compliance requirements

Risk assessments are a crucial component of numerous regulatory compliance requirements.

3

Lower your risk

Documenting and continuously revisiting risk will ensure time and resources are spent on the correct priorities, reducing the likelihood that they’ll be disrupted and negatively affect your organization.

RMF assessments that go deeper

Trusted risk management experts

  • Expertise with some of the most heavily regulated industries and most secure environments in United States.
  • Our knowledge and experience with many Risk Management Frameworks and compliance requirements across industries allows us to see where there might be gaps in your existing security posture.
  • We specialize in cybersecurity. We have the skill sets to go beyond a traditional “check the box” assessment, digging deeper to ensure you understand your risk so that it can be corrected.
Trusted Risk Management Experts

Which assessment type do you need?

FedRAMP

The Federal Risk and Authorization Management Program (FedRAMP) provides a standardized approach to security authorizations for Cloud Service Offerings.

CCPA

The California Consumer Privacy Act is a compliance framework that allows individuals who are residents of California to have control over their personal data collected by businesses.

FISMA

The Federal Information Security Modernization Act, or FISMA governs how the Department of Homeland Security (DHS) administers information security policies for US Government Executive Branch agencies.

NIST 800-171

NIST 800-171 is another SP (Special Publication) developed by the National Institute of Standards and Technology (NIST) to standardize how federal agencies define Controlled Unclassified Data (CUI) and the IT security standards for those that have access to it. Unlike NIST 800-53, SP 800-171 is a set of requirements for intended federal contractors.

NIST 800-53

NIST 800-53 was created by the National Institute of Standards and Technology (NIST) and outlines guidelines for privacy and cybersecurity for federal IT. Although it was created for federal information systems, this Risk Management Framework provides core guidance to other compliance frameworks.

CMMC

The Cybersecurity Maturity Model Certification (CMMC) is a regulation framework for DoD contractors. The CMMC program evolved as a more robust response to ineffective cybersecurity measures set out in the Defense Federal Acquisition Regulation Supplement (DFARS).

GLBA

The Gramm-Leach-Bliley Act (GLBA) requires financial institutions or organizations who offer financial services to take the appropriate measures to safeguard customer data.

GDPR

General Data Protection Regulation (GDPR) provides a security framework around how personal data is collected stored, handled, and processed. While GDPR originated in the EU, it applies to any enterprise that comes in contact with with personal data of any EU citizen or resident.

PCI DSS

The Payment Card Industry Data Security Standard is a compliance framework created to protect the financial information of card holders and prevent unauthorized usage.

HIPAA

Health Insurance Portability and Accountability Act (HIPAA) of 1996 was created to protect all forms of health information confidentiality and data privacy. Organizations who handle, process, transfer, receive or store any patient's health information must adhere to HIPAA compliance requirements.
Cybersecurity Strategizing

100+

Formal assessments completed each year and growing

>3b

Controls evaluated annually across our customers

0

Findings in MPG's latest FedRAMP 3PAO corporate assessment
Features overview

Risk Assessment engagement features

Interviews and document creation

We conduct interviews with customer stakeholders in management and information technology roles to better understand day-to-day operational security. From there, we review documentation on policies, procedures, diagrams, and supporting evidence must be provided to ensure that we can effectively evaluate the security control implementation status and effectiveness.

Remediation

Once the risks are properly identified and assessed, our team of experts make recommendations on specific remediation options minimize risk moving forward.

Results and findings

Team MPG documents and reports on assessment results, findings, and associated risks to provide an accurate reflection of your security posture and related risks. We submit our report in draft form to your key stakeholders for review and comment before it’s finalized and formally delivered.

Resources from our team

Learn more about our assessment services
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