Operation Risk Management, a leading provider of risk management solutions, has announced a new partnership with a cybersecurity firm that will help them provide businesses with even more resources and support to help them protect themselves from cyberattacks.
According to Operation Risk Management, the partnership will enhance their existing Cyber Resilience program, which is a comprehensive toolkit that helps businesses to identify, assess, mitigate, and respond to cyber risks.
The cybersecurity firm will enhance Operation Risk Management’s services by offering valuable additions to their clients. These additions include Cyber Threat Intelligence, providing timely insights into the latest cyber threats and trends to help clients adapt their Cyber Resilience program effectively. Additionally, they will conduct tailored Cyber Risk Simulations to assess clients’ readiness and resilience against diverse cyber scenarios, enabling the identification and mitigation of vulnerabilities. Moreover, in case of a cyber incident like a data breach or ransomware attack, the cybersecurity firm will step in to provide essential support, encompassing technical assistance, forensic analysis, and remediation guidance. These collaborative efforts aim to bolster clients’ cybersecurity defenses, ensuring they are well-prepared to navigate the ever-evolving cyber landscape.
Operation Risk Management anticipates substantial advantages for their clients through this partnership, including cost and risk reduction related to cyberattacks, encompassing fines, penalties, sanctions, legal actions, reputational harm, and missed business prospects. Furthermore, it is expected to enhance operational efficiency and effectiveness, streamlining processes, enhancing data integrity, fostering transparency, and facilitating mergers and acquisitions. Additionally, the partnership aims to boost customer satisfaction and loyalty by showcasing regulatory compliance and respecting customer preferences and rights, ultimately delivering comprehensive benefits to their clientele.