Risk & Controls
Structured, Cost-Effective Security Compliance and Resilience
As the world advances, so do the complexities of managing technology and cyber risks. For security leaders, balancing the need for robust management of those risks with cost-effective solutions is paramount.
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Whether it’s the potential perils posed by cyber criminals, data loss, compromised third parties, or human error, organisations face an ever-evolving threat landscape that tests their resilience every day.​
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In addition, the growing burden of regulations, such as DORA, or the UK Corporate Governance Code (also known as UK SOX), has intensified pressure on boards and senior management to measure and report risk more precisely.
It's Not Easy...
All of this requires improvements in how organisations define and embed controls, an uplift in their control testing capacity, or both. But a number of common issues can make this a formidable challenge:
Outdated risk and control frameworks.
Technological complexity (incl. a blend of on-premise and cloud technology).
Sporadic control testing.
Cost constraints on permanent headcount.
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Measure, Mitigate, and Comply
We specialise in transforming our clients’ risk and controls capability to meet today’s stringent requirements. We’ll ensure your organisation has a complete, real-time view of its risk landscape and the controls that mitigate those risks. Here’s how we can help:
Framework Transformation & Refresh
We’ll update your existing risk and control frameworks to reflect the latest developments, from emerging technologies, such as AI and robotic automation, to new regulations like DORA.
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​We can also update your policies and standards, aligning them to your risk appetite. This is a great way to ensure your organisation understands what they need to do to meet the latest industry best practice. We can then help you assess these controls and close the gaps.
Control Testing as a Service
Our team can either augment your control testing function or manage it entirely. By offloading this service to our experienced consultants, you can increase your control testing capacity without raising headcount, ensuring compliance and thorough risk management.
Control Metrics
We’ll help you reduce risk by ensuring you can measure it. Our predefined control metrics provide a deep, comprehensive perspective on control effectiveness that is much more accurate than traditional testing. The way we define metrics ensures that control weaknesses are clear at every level, from control owners to the c-suite and board.
Continuous Control Monitoring (CCM)
Our metrics enable automated control testing delivered through our trusted partner solutions. This gives you a real-time snapshot of control effectiveness. Better still, CCM avoids the costs of manual control testing while covering more controls, and allows existing teams to do more with the same resources.
Support for Control Remediation Projects
Our consultants can provide expert guidance, helping you swiftly and efficiently address any control gaps to remain compliant and secure.
Learn more about i-confidential’s approach in this podcast featuring our Head of Cyber Security Consultancy, Elaine McKechnie:
Why Work with Us?
We Deliver
i-confidential has a proven track record of successfully transforming risk and control capabilities for highly regulated organisations, including banks and insurance companies. We have deep subject matter expertise across a broad set of operational risks, including technology, cyber, supplier, resilience, and change.
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Solid Foundations
Our predefined content can be customised to build the foundations for effective risk and controls. This includes industry-aligned standards, control-aligned process templates, pre-defined control tests, and proven control metrics.
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Scalable Expertise
Whether you’re looking for a one-time transformation project or ongoing control testing support, we can scale resources up and down as necessary. Through our dedicated talent acquisition team we have access to a wide network of trusted risk professionals, and can adjust the scope of our services to align with your unique requirements.
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Strong Partners
Our partnerships with leading providers of continuous control monitoring tools enable us to offer you best-in-class solutions, tailored to your organisation’s needs, helping you achieve significant multi-year cost savings.
Experience You Can Trust
Our services deliver enhanced business processes, accountability, and real-time risk insights. With years of experience, particularly in highly regulated environments, we bring the expertise, flexibility, and innovative solutions you need to stay compliant and secure.
