Many organisations need to have well managed risk management process in place, but they don’t have it implemented for different reasons. Here the consultancy and managed service is the right choice.

There are 2x types of risk:
– Qualitative Risk – means that the risk associated with the likelihood of materialising is described as Low, Medium or High.
– Quantitative Risk – this type of risk can be measured or calculated based on historical data or using other data sources. Often is used in financial organisations. It is expressed in values i.e.: …Acceptable risk of loss can reach £100 million pounds in the current financial year…

The basic cyber security hygiene can reduce significantly the risk of being a victim.