Governance & Risk Management

Thales’s Governance & Risk Management services utilises Thales experts across the world to identify and mitigate the cyber-risks that threaten your organisation’s critical assets, and to grow your cyber maturity.

The situation

The cyber security challenge is not getting any easier and businesses are struggling to manage all the cyber risks across their organisation. Siloed and inefficient processes and costly unproductive systems make cyber risks difficult to identify and track. This results in poor visibility and un-prioritised risk reduction programs, increasing the cost of continued compliance, and the potential impact from a successful compromise. 

In addition to this, systems have become even more complex and interconnected. Industry 4.0, the Industrial Internet of Things and the move to the cloud have resulted in technology infrastructures in many sectors having hidden dependencies, emergent behaviours, and increased supply chain vulnerabilities. Current component-driven risk assessment techniques often overlook these critical system-driven issues. As a result, these risks are missed and any cyber incidents are likely to result in disruption to productivity, financial and reputational loss and catastrophic impact on safety or life.

To combat this, the Governance & Risk Management sector is evolving. Whether it is GDPR, the NIS-Directive, or the CMMC, newer cyber regulations are taking an objective-based over compliance approach. It is no longer sufficient to adopt a ‘tick-box’ style approach; instead, businesses are encouraged to take a more mature risk-based approach. However, not all businesses have this skillset, and many cannot identify their maturity strengths, weaknesses, and development opportunities. 

Today’s Governance & Risk Management requires a whole-of-business approach that emphasises efficiency in closing gaps, measuring risk performance and ensuring everyone has responsibility for cybersecurity just as they do for quality, safety and customer focus. 

Our approach

Thales’s certified experts in Governance & Risk Management can assist every organisation with their cyber risk management challenges, whether they follow NIST, ISO, EBIOS, IEC 62443, ED-200 or any of the other industry standards frameworks. We take a tool-box approach to addressing cyber risks, especially in complex critical systems, combining component and system driven approaches to comprehensively identity, prioritise and determine remediation activities.

A Governance & Risk Management regime is only effective if it is uniformly adopted and well maintained. This is why our global team of certified audit experts perform in-depth assessments of our customer’s technical, process, and organisational controls and their effectiveness. This benchmarking exercise enables businesses to identify their gaps, supply chain risks, and compliance against a complex set of laws and regulations. Our periodic cyber health assessments can provide peace of mind and the necessary evidence to track cyber risk Key Performance Indicators (KPI’s) and determine the Return on Investment (ROI) of any new security initiative at the senior management and board level.

We strongly believe in the benefits obtained by adopting and implementing a maturity-based approach to improving cyber risk management. Our approach allows alignment against C2M2, IAMM or CMMC, and enables a business to both understand where their current state of cyber maturity sits and, based on their risk appetite and budget, the required target state over the next 3 to 5 years. This enables them to plan a roadmap of activities and investments against business resiliency aims and targeted efficiencies.

Outcome

As your trusted cybersecurity partner, Thales delivers Governance & Risk Management services to ensure your most valuable and critical assets are protected from a cyber-attack. Thales offers a full set of services to provide the confidence that you know what your critical assets are, understand their associated risks, and how to mitigate them. We will be there to support you throughout your journey to cybersecurity maturity by understanding your business needs, your governance and compliance requirements, and the optimal security framework to protect you from a cyber-attack. Our experts will demonstrate your current state of cyber maturity through assessments, work with you to identify your target state, and develop your roadmap to success.

Why Thales?

Thales has multiple decades of history managing cyber risks across many large complex engineering projects and into critical national infrastructure, nuclear power stations, transport systems and complex manufacturing plants in a wide range of industries.

Our experts around the world have a deep well of experience in both Operational Technology and Information Technology and their deployed environments. Thales’s Governance & Risk Management solutions help organisations make the right decisions at the right time and act accordingly. No other company has our level of expertise in ensuring the cybersecurity of Defence, Transportation, Space, and Critical Infrastructure.