Information Risk Management

Information risk management involves following information from its creation stage through distribution, storage, copying, transformation and interaction. The approach to IRM is information centric. To understand what information is very important for some of the key business initiatives.

Priority is usually granted to security investments depending on the risk intensity in relation to business potential. After locating the information and assessing the risk, the next step is efficient implementation of controls such as tools, technologies and policies to reduce the risk.

Companies today outsource most of their initiatives in order to cut cost. There are plenty of enterprises, which outsource their non-core business functions and processes. Outsourcing is a key aspect, which fulfills a company’s shortfall of expertise, finances or resources to a great extent. However, before outsourcing strategic and important initiatives, it is necessary to approach a reliable and efficient provider.

Risk management is one such initiative, which must be outsourced to the most transparent and reliable service. A lot of companies outsource their risk management needs either as a strategic decision or as an interim measure. Whatever the case may be, it is vital to hand over your most important functionality to the leader in the field.

PKSoft offers risk management services on a day-to-day transitional basis. We ensure our efficient risk management team keeps your executives well informed on the processes and procedures adopted by us. Transparency and honesty is our watchword and we strive to give our clients a confidence that can only be offered by leaders in the field. Whether it is a stopgap arrangement or a permanent information risk management requirement, we are here to assist you all the way.

Our primary goal is to design a competent RM function, which is respected, reliable and valued for our esteemed clients. Certain companies may require day-to-day transitional outsourcing. Here we handle every single risk management function aspect including management reporting, claims analysis, risk financing, communication with internal and external partners, risk management administration and risk management advice.

A significant highlight of our information risk management service is to offer clients with existing RM function an overview of its current activities and capabilities. We also review the gap analysis between best and current practices. Our experts analyze in detail to provide clients with expert advice and recommendations for either streamlining or just eliminating certain responsibilities as applicable.

For those who do not have a current RM team, the review provides them with an in depth understanding of some of the best practices in vogue. Based on the review we provide these clients valuable advice on which responsibility it should handle in house and which to continue outsourcing.

Our expert team dealing with information risk management will conduct an in depth vulnerability scan, architecture analysis, code review and a full range of security test to ensure maximum and enhanced security.

Our specialist consultants with QSA status can advise clients on every single aspect regarding formal assessment of PCI DSS and every single aspect in the route to PCI DSS compliance.