Overview

Pelta specialists analyze risk from an integrated perspective, exploring risk relationships within your organization to create a more sophisticated understanding of your company’s material Cyber risks. Whether your company is just beginning the enterprise risk management journey or has an established framework in place, we can assist you in your efforts.

Why Enterprise Cyber Risk Management is important?
  • It is a proven process to help you identify and assess material risks, develop specific mitigation strategies, and assess enterprise-wide technology platforms for ongoing monitoring and reporting.
  • It helps you better understand and mitigate the risks it faces across the entire organization, benchmark and improve existing risk management arrangements, coordinate and formalize its risk management efforts across the enterprise.
  • The ability to create a holistic, enterprise-wide Cyber risk aware culture, drawing upon Pelta’s expertise in industry issues, risk analysis, analytics, organizational change, and risk technology.
Services Highlights
  • Current State/Gap Analysis

    When considering the steps necessary to implement an enterprise risk management framework, it is useful to first identify and compare your organization’s existing capabilities relative to what capabilities management would like to have in place. Pelta provides a current state assessment, as well as a gap analysis against best practice and a benchmarking report.

  • Risk Identification and Assessment

    Risk identification and assessment is a critical framework component. We take a structured approach to assess risks specific to your organization. This includes the collection, identification, categorization, prioritization, and mapping of risks to align with your organization’s business objectives and strategy. The result is a strategic organizational risk map.

  • Risk Analysis

    Risk analysis enables you to better understand the impact risk has on your organization and your business objectives. Pelta takes a disciplined approach to understanding your risk appetite and developing tolerance thresholds; modeling risks and their variance; providing an analysis of the projected impact of mitigation strategies; assisting you in determining optimal capital allocation; and considering the upside of risk to your business.

  • Risk Evaluation

    A systematic enterprise Cyber risk management approach calls for the analysis of possible actions taken with respect to each risk—accepting it, managing it, or exploiting it. Moreover, these options typically necessitate an implementation plan. Pelta offers an evaluation of risk treatment options including the projected costs and benefits; identification of risk ownership; the recommendation of tailored solutions appropriate to your business and objectives; and the implementation of risk mitigation strategies.

  • Risk Reporting

    Managing risk across the enterprise requires coordination. The information produced by the various businesses and risk management functions in the risk assessment and analysis phases must be disseminated so that the right people are given the right information at the right time to make informed business decisions. We can help you determine the appropriate needs of your business, its management, and key constituents, and assists in the design of meaningful communication processes and materials.

  • Technology Strategies

    In an effort to sustain risk monitoring and to make risk reporting more efficient, many organizations are turning to technology to support their enterprise risk management framework. Pelta works with you to establish principal business requirements; recommends technology solutions; assists you in the development and implementation of a technology infrastructure; and evaluates various software applications.