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Enterprise Risk Reduction Service

Basic Bit Enterprise Risk Reduction Service helps businesses reduce information technology risk within the enterprise.  By providing continuous risk monitoring and risk mitigation, the Service helps the enterprise to minimize and migrate operational IT risks.  The Service helps the enterprise to maintain the Enterprise Risk Registrar, which containing quantified risk scores.  By helping the enterprise in executing the suggested improvement plans and performing periodical review, the Service helps the enterprise reduce enterprise risk in an ongoing basis.

 

Highlights:

 

  • Minimize enterprise risk to an acceptable level.

  • Creation of Enterprise Risk Registrar.

  • Calculate and evaluate quantified risk scores.

  • Prioritize areas of improvements based on quantified risk scores.

  • Annualized quantified risk scores reduction targets.

 

Deliverables:

 

  • Initial Enterprise Risk Registrar with quantified risk scores

  • Areas of improvements report with priority

  • Action items suggestion report

  • Management presentation

  • Technical presentation

  • Regular Risk Review Meeting

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