Risk Management Service
Empowering your organisation with clear, actionable risk insights and compliance confidence
What is Risk Management in the context of cyber security and governance?
Risk management is the process of identifying, evaluating, and addressing threats to your organisation’s people, systems, data, and operations. But it’s more than just listing dangers — it’s about building clarity, accountability, and resilience into how you plan and make decisions.
Done right, risk management becomes a core governance tool — not a spreadsheet, but a strategy.
Why does Risk Management matter so much today?
Every organisation faces threats: from cyberattacks to human error, outdated infrastructure to third-party vulnerabilities. Most security incidents don’t happen because of poor technology — they happen because the risk was underestimated, undocumented, or misunderstood.
Without active risk management, organisations often:
- Overlook critical systems and exposures
- Lack ownership and treatment plans for known risks
- Struggle during audits, funding rounds, or cyber incidents
- Misallocate resources based on assumptions, not evidence
With a living risk framework, organisations can:
- Make informed decisions quickly
- Justify investment and security spend
- Align teams and priorities
- Demonstrate maturity to insurers, auditors, and stakeholders
What does you service include?
1. Information Asset Register (IAR)
A structured inventory of your systems, data, and platforms — mapped by purpose, owner, location, and sensitivity.
2. Risk assessment
We identify and assess risks linked to your assets, using agreed scoring frameworks (qualitative or quantitative). Each risk is evaluated for likelihood, impact, and current controls.
3. Risk treatment planning
For each risk, we define a strategy — Accept, Transfer, Reduce, or Avoid — and provide practical, budget-conscious recommendations. Ownership and timelines are established.
4. Reporting and governance
We produce an executive-ready risk report, including full register, treatment plan, heat maps, dashboards, and strategic summaries for board or audit review.
Comprehensive risk management and regulatory compliance support
Our risk management services provide a clear, actionable framework designed to help organisations take control of their risk landscape.
From building your first risk register to maintaining up-to-date frameworks aligned with industry standards, we ensure your risk profiles are transparent, accountable, and continuously monitored.
What does this look like in practice?
You’ll receive:
- A comprehensive, current risk register linked to your assets
- Assigned risk owners with documented responsibilities
- Contextual risk scores aligned with your sector and tolerance
- Actionable treatment plans with support on implementation
- Clear, visual reporting for boards, regulators, and funders
- A living risk framework that supports decision-making, not just compliance
Who is this service for?
Our risk management services are ideal for:
- Organisations starting from scratch and needing a first risk register
- Teams preparing for audits, accreditations, or funding applications
- Boards seeking better visibility and assurance
- IT and compliance teams managing complex, changing risk environments
- Organisations with legacy risk registers that are out of date or unused
What engagement models do you offer?
One-Off Engagement
A complete risk assessment and treatment plan, perfect for audits, inspections, or certification readiness.
Includes:
- Asset discovery and register creation
- Risk identification, scoring, and mapping
- Treatment strategy development
- Board-ready report and optional SLT workshop
Retained Partnership
Ongoing advisory support to keep your risk register active and aligned as your organisation evolves.
Includes:
- Quarterly risk advisory sessions
- Annual reassessments
- Continuous treatment plan updates
- Integration with GRC services (policy, testing, incident response)
- Stakeholder education and risk maturity tracking
Awareness & Stakeholder Workshops (Additional)
Targeted sessions for SLT, risk owners, or operational teams — helping build shared understanding, role clarity, and scoring consistency.
How does this support regulatory and audit readiness?
Auditors and regulators don’t just want to see a risk register — they want to see that it’s current, understood, and acted upon.
Syscomm helps you:
- Map risks to controls and policies
- Show ownership and treatment progress
- Produce structured, exportable reports
- Align your register with frameworks like ISO 27001, Cyber Essentials, or sector-specific regulations
Complementary Service: Third-Party Risk Management
Your organisation’s security is only as strong as your weakest supplier, contractor, or service provider. Third-party relationships create extended attack surfaces that traditional risk assessments often overlook, yet these connections represent some of the most significant threats to modern businesses.
Our Third-Party Risk Management Approach
We help you build comprehensive oversight of your extended risk landscape through:
- Supplier risk profiling and categorisation – identifying which relationships pose the greatest potential impact and likelihood of risk
- Due diligence frameworks and assessment templates – creating standardised evaluation processes that scale across different supplier types and risk levels
- Contract review and security requirement integration – ensuring your agreements include appropriate security obligations, breach notification requirements, and audit rights
- Ongoing monitoring and relationship management – establishing regular review cycles, security questionnaires, and performance tracking for critical suppliers
- Incident response coordination – preparing joint response procedures and communication protocols when third-party incidents affect your organisation
What You Gain:
Our approach integrates seamlessly with your primary risk register, ensuring supplier-related threats are properly weighted against internal risks and receive appropriate treatment priority. This creates a complete risk picture that supports informed decision-making across all aspects of your business.
Comprehensive visibility
across your entire supplier ecosystem with clear risk ratings and treatment priorities.
Contractual protection
through security requirements that are enforceable and aligned with your risk appetite.
Regulatory confidence
with documented due diligence that satisfies audit requirements and demonstrates reasonable care.
Operational resilience
through supply chain diversification strategies and contingency planning for critical dependencies
How can we get started?
We start with a discovery session to understand your current posture, documentation, and goals.
Whether you need to build a register from scratch or refresh an existing one, we’ll shape an engagement model that suits your resources and timeline.
