Cyber Risk Modeling
Building risk models is critical to calculating risk exposure for a business.
Cyber Risk Modeling
Building risk models is critical to calculating risk exposure for a business. Companies are attempting to respond to ever-growing cyber threats by increasing spending on cybersecurity, but are faced with an even greater challenge: the communication gap. The lack of effective communication between security organizations, stakeholders across the firm, and high-level leadership is responsible for slow response time to cyber threats and causes greater financial loss. This communication gap is currently one of the most challenging cybersecurity risks that companies face and are struggling to address.
At New Paradigm, we use the industry standard risk analysis methodology and taxonomy to provide our clients with models that quantify the threats they are facing. This allows our clients to effectively communicate the risk to all levels of their organization. We help IT professionals communicate with board-level executives. Our cyber risk models enable them to express the potential range of consequences of threats the organization faces and obtain the funding needed to protect the business.
Cyber Risk Modeling, when implemented at a product development stage, significantly increases the new product’s immunity to cyber threats. A more secure product means more trust from clients and that translates into higher acceptance and sign-up rates.
Threat Community Monitoring
We monitor the state of various threat communities targeting a product, a service, or a whole industry. This allows us to identify both threats to and opportunities for our clients’ business processes so we can communicate the full scope of the problem in a language everyone can understand.
Not all data is equal, and false information can be risky. Our monitoring allows us to understand what information is true, what information is false, and what information is necessary. After this information is analyzed, we work with our clients to deliver intelligence in a variety of formats so that their proprietary software can easily integrate it. This intelligence could be used further in various types of analysis, including machine learning.
Based on monitoring and information analysis implemented by our team of specialists, we are able to provide early alerts of brewing problems, so our clients can anticipate and respond to emerging threats. These alerts have saved our current clients millions of dollars in fraud and abuse.
Red Team Testing
Years of experience allow New Paradigm to conduct effective Red Team Testing of clients’ products, services, and infrastructure. Because at New Paradigm, we use the same tools, techniques, and procedures that modern attackers are using. This helps our clients to better understand the shortcomings of their systems and business processes, along with the strengths and weaknesses of potential adversaries.
Staying ahead of adversaries affords our clients the ability to implement changes to their system on their own schedule, rather than as an emergency response to an incident.
Red Team Testing is an effective approach to validating intelligence findings and hypotheses.
Our Red Team Testing is a “reality check” for your products, services, and the threat intelligence feeds.