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Why Cyber Risk is a Board Level Issue

Board representation for risk is growing, but confidence must also increase

Digital and boardroom transformation

Gartner predicts that by 2025, 40% of boards (up from 10% at January 2021) will have a “dedicated Cybersecurity Committee, overseen by a qualified board member”. The reasons given for this increased boardroom focus on cyber risk management are:

  • Greater risk created by the expanded digital footprint of organisations during the Covid pandemic
  • Cybersecurity-related risk is rated as the second-highest source of risk for the enterprise after regulatory compliance risk
  • “Relatively few directors feel confident that their company is properly secured against a cyber attack”.

The simple fact is, risk is risk: whether cyber risk, compliance risk, audit risk or any other kind of digital risk, boardrooms can no longer afford a lack of visibility or lack of governance.

With businesses focusing strongly on digital transformation in recent years, total risk will only increase. Unless, that is, sensible action is taken now and a sustainable solution is put in place.

Quod Orbis CCM, delivered as a managed service with included ongoing support from Quod Orbis experts – for your operational teams and for your board – is that solution.

Underlying issues that are increasing risk and cost

Below are the key reasons why traditional ways of managing security controls and associated audits and compliance are no longer sustainable, both at operational level and at board level.

Error rate

Security controls (as typically managed in many businesses) are inconsistent and degrade over time. The error rate is therefore likely to increase.

Speed of execution

Relying on teams to respond manually to security controls issues is a severe limiter on speed of response.

Effort

The amount of effort required from IT and compliance teams to maintain controls, collect evidence and repair is unsustainable.

Regulatory

Compliance audits for GDPR, PCI, Basel, SOX, ISO etc are often manual and point-in-time/annual.

The Quod Orbis CCM managed platform effectively removes all of the above issues to give your organisation the agility, confidence and assurance it needs in a digitally dependent business age.

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To find out more about cyber security and Continuous Controls Monitoring, please complete the form below with a short message and we’ll get right back to you. Alternatively, you can book a meeting directly.

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Seamless Integration with Archer

The integration between Quod Orbis and Archer enhances your existing Archer implementation by expanding its capabilities to meet specific business, industry, regulatory, and technical requirements. This partnership enables organisations to streamline their risk and compliance processes with Continuous Controls Monitoring (CCM).

Please note that we do not provide an installation package on the Archer Exchange. To learn more about this partnership or to request assistance with platform setup, control configuration, and integration, please contact us at [email protected] or book a chat directly here. You can also find out more information on the Archer Exchange.

Gain Access to the Platform

To find out more about continuous controls monitoring and to gain access to our platform, please complete the form below and we’ll get right back to you.

Atyaf eSolutions is a technology solutions provider specialising in offering a broad range of digital services and products. Founded with a vision to deliver innovative and efficient technology solutions, Atyaf eSolutions focuses on helping businesses and organisations achieve their digital transformation goals.

Atyaf eSolutions is known for its customer-centric approach, aiming to deliver high-quality, reliable, and cost-effective solutions. The company leverages the latest technologies and methodologies to ensure that its clients stay ahead in the competitive digital landscape. With a team of skilled professionals, Atyaf eSolutions is committed to driving digital innovation and supporting businesses in their growth and success.

Gieom is an established provider of operational risk and resilience solutions. We enable financial institutions to evidence regulatory compliance and assure key stakeholders that their risk and resilience frameworks are robust and sustainable.

With over 100 clients globally, and 12 years experience in designing, implementing, and maintaining operational resilience and risk solutions, Gieom has a proven record in helping firms to interpret regulations, meet compliance obligations, automate complex and repetitive processes, manage policies and procedures with integrity, and leverage Generative AI to strengthen operational resilience.

Gieom’s Operational Resilience Platform offers a robust end-to-end framework for identifying critical business services, mapping resources, setting impact tolerances, managing risks and controls, analysing data and implementing effective remediation strategies. Its modular, low-code, drag-and-drop design accelerates your journey to operational resilience and compliance, allowing rapid remediation based on identified gaps that are specific to your organisation.

Crafted in collaboration with former regulators and industry experts, and underpinned by Magpie AI (Gieom’s GenAI engine), our DORA 360 solution enables financial institutions and their ICT service providers to align with technical standards set within the EU Digital Operational Resilience Act (DORA).

DORA 360 offers policy mapping, process visualisation, risk management, incident management reporting, supply chain management and resilience management, with both on-premises and cloud deployment options. Magpie AI also delivers regulatory intelligence on demand and automatically assesses ICT service provider contracts to reveal compliance gaps.

DORA 360 can also be used for other IT Service Management (ITSM) frameworks such as ITIL and NIST.

Forging powerful partnerships is critical to providing cutting-edge solutions in today’s dynamic IT landscape. YASH Technologies collaborates with a global leader in CCM, Quod Orbis, to deliver best-in-class 360⁰ Cyber Posture Management Services. YASH’s decades of industry expertise and a team of highly skilled security professionals, combined with Quod Orbis’s industry-leading Continuous Controls Monitoring (CCM) platform, create a holistic monitoring solution for businesses. The Quod Orbis platform provides real-time, holistic visibility across your entire IT infrastructure, encompassing cyber security, risk management, and compliance. This translates to a single source of truth for your organisation, empowering you to stay ahead of ever-evolving security threats. With YASH’s advisory and the power of the Quod Orbis platform, you can confidently navigate the complex world of IT security. Click here to know more.

Deda was born from the entrepreneurial journey of the Podini family, characterised by a constant desire to explore new markets and innovate business models to generate positive social impact and help create shared and lasting value. The initial commitment in the large-scale retail sector has evolved into a diversified reality that also embraces other strategic sectors such as real estate, finance and technology, in Italy and abroad, looking to the future with enthusiasm and determination.

Deda Tech is Dedagroup’s Managed Cloud & Security Services Provider. Specialising in creating future-oriented IT strategies by transforming top vendor technologies into people-focused solutions. Over 200 tech talents with more than 600 certifications, a team in step with industry evolutions thanks to more than 20 years of experience.

Amazon Web Services (AWS) is a comprehensive and widely adopted cloud platform, offering over 200 fully featured services from data centers globally. AWS provides a broad set of infrastructure services, such as computing power, storage options, and networking, as well as higher-level services like artificial intelligence (AI), machine learning (ML), data analytics, and Internet of Things (IoT). AWS helps businesses scale and grow by providing the infrastructure and tools needed to innovate faster, reduce costs, and run applications with higher reliability.

PwC stands as a global leader in professional services, offering deep expertise in audit and assurance, consulting, and tax. With a presence in over 157 countries and a dedicated workforce of more than 284,000 professionals, PwC combines comprehensive industry knowledge with advanced technology to assist organisations in addressing their most complex challenges. Their risk management technology helps navigate the various phases of the risk management lifecycle so your business can stay ahead of threats.

Connecting your business to the best technology providers.  Behind Every Cloud are expert, independent trusted advisors who can help you cut through the noise and hype to quickly provide you with intelligent, market informed, fact-based vendor comparison services across a wide range of technology solutions.  Established in 2010, our unique approach and expert advice accelerates the speed and success of technology modernisation projects. We have access to a highly experienced network of vendors and are valued by our clients as an Independent Trusted Advisor.
 
We provide straight-talking, no-nonsense advice, to help you make the best buying decisions, and as one of the UK’s first specialist cloud adoption “referral consultancies”, we don’t charge clients for our advice.

Opentech is an IT services company, with an important history and significant experience in delivering management tools for company internal control systems (Compliance, Risk Management, Internal Auditing, etc.).

The company, established in 2003, operates in the development and distribution of software application products, with a particular focus on the Integrated Control System based on the OCEG (Open Compliance & Ethics Group) model.

Opentech is ISO 9001 and 27001 certified with extension to the 27017 and 27018 guidelines for software development, training and consultancy.

Opentech has created the GO GRC 2.0 Suite, a suite of integrated and independent software application solutions, owned by Opentech, designed entirely by our company specialists, with a consistent design based on the OCEG logical model, recognized as the Standard GRC.

The GO GRC 2.0 platform has been qualified by the National Cybersecurity Agency in the Italian Cloud Marketplace.

GO GRC 2.0 also covers specific areas that can be activated on-demand; our Suite, in fact, integrates different components in order to build a complete and effective Governance and Control model such as: Organization, Corporate Governance, Internal Audit, Compliance, Operational Risks, Line Controls, CFO, IT Risk, Supervisory Body, Privacy, Complaints, Purchases, Safety at work.

GO GRC 2.0 benefits from a direct, timely and continuous support from Opentech specialists who deal with the entire life cycle of the Suite.

The GO GRC 2.0 suite is also adopted by various major players in the financial and non-financial markets.

Secon is a leading cyber security company dedicated to protecting organisations from cyber threats, ensuring compliance and enhancing their security posture. We offer a comprehensive range of services and technologies tailored to corporations, financial institutions, and government entities.

We believe in three fundamental truths:

  • Every organisation is a potential target for cyber attacks or data breaches.
  • Continuous preparedness is essential, requiring 24/7 protection with the right tools and technology.
  • Effective recovery playbooks are crucial for swift business restoration post-breach.

At Secon, we address cyber security challenges with our holistic approach, providing tailored services such as Cyber Resilience Review, Cyber Risk Assessment, and 24/7 monitoring via our Security Operations Centre (SOC). We partner with leading security vendors to deliver top-tier solutions, including endpoint protection, network security, cloud security, and identity and access management.

Our purpose is to support organisations in developing the necessary tools, technologies, and processes to enhance their cyber resilience against evolving threats. Organisations trust Secon to safeguard their assets, minimise risk and ensure peace of mind. 

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Tel:
+44 (0)203 9622206

Address:
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2 Burgon Street,
City Of London,
London,
EC4V 5DR

 

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Liam Flavin

Intern Developer -

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Ekaterina Kuzevanova

Back End Developer -

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Mohamed Mohamud

Front End Developer -

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Juan Morales

DevOps Engineer -

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Luke Bakare

DevOps Engineer -

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Rutvik Belapurkar

Technical Analyst -

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Harman Singh Malhotra

Technical Analyst -

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Jason Wilkes

Technical Lead -

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Annie Greenfield

Marketing Executive -

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Will Tonge

Head of Recruitment -

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Will has spent the last 9-years embedded in Cyber Security working with global, household names and innovative start-ups.

Passionate about bringing people and technology together, Will has worked in various settings, helping build high-growth organisations across multiple sectors. During this time, he has built an extensive network with access to some of the best talent out there.

Outside of QO, his young daughter keeps him well on his toes!

Shaun Barnes

DevOps Team Lead

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Mark Hudson

Non-Exec Director -

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Mark works with SMEs and charities to develop strategies to help them grow and access development capital. He is a NED, charity trustee and mentor to a wide range of people. His plural career started in 2017 after 16 years at pwc as a Deals partner working with large corporates and PE houses; at pwc he also ran the Retail and Consumer practice and was Chairman of the pwc UK Supervisory Board. Prior to pwc he was an executive director at Welcome Break and Iceland Group, and a partner at Bain and Company. He trained as an engineer at Imperial College and has an MBA from INSEAD. 

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Eamon Flavin

Non-Exec Director -

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Eamon is a highly regarded and massively respected technology career professional as well as serial entrepreneur. He has started, grown and successfully taken to market three technology business.

Genuinely expert in technology, Eamon has enjoyed long-term working relationships with many of the world’s top companies and organisations in finance, banking, government, manufacturing, engineering, technology and the charities sector.

He draws on unparalleled contacts and experience and provides advice, solutions and recommendations, as well as helping respond to emergencies. Eamon has grown in-house and client teams and has a gift for hiring great people.

Peter Martin

Non-Exec Director -

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Peter has the ability to do what many fail to and that is to consistently bring together highly professional teams and build a business environment that is supportive, agile, professional and where everyone enjoys coming into the office.

Bringing a unique blend of business acumen and technical knowledge to the role of non-exec director, Peter has already demonstrated his ability to bring an exceptional flair for dealing with complex situations with a clear, considered approach.

Personally, Peter brings humility and a strong moral compass to the team. His disarming and self-deprecating approach wins everyone over.

Anwen Haynes

Head of Marketing -

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Anwen has worked in B2B and B2C marketing for over 20 years. From transforming end-to-end customer journeys in retail with strategic customer-centric plans to target driven focused strategies for B2B sales. With extensive experience in digital marketing including SEO, as well as Brand development, she loves to develop a cohesive approach to brand image and communications to drive and develop the business proposition and perception.

Alice Walker

Head of Customer Success -

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Alice has worked in the IT industry for 20 years. Starting in Procurement, she moved into Software Asset Management before transitioning into Customer Success Management. Working across a variety of roles for different industries as both a customer and a service provider has given her a great understanding of what makes a great service. She has always been passionate about building and maintaining great customer relationships and helping her customers achieve their goals.

Owain Rowley

Lead Developer -

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Owain has spent nearly a decade building software solutions and products within the cyber security sphere for the likes of government entities, large telecommunication companies, banks and card transaction companies.

This level of experience allows him to swiftly identify business and security processes that can be streamlined with automation, increase the efficiency of existing processes, as well as generate insightful data visualisations and models for members of an organisation at each different level.

Ami Penolver

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Ami is a finance sector career professional, with many years’ experience working in financial services, both in London and throughout the UK. In addition to financial control, she looks after HR and legal for the company.

Being a mother of two also equips her with the basic skills required to manage a senior team of management and technology consultants.

Ami’s sense of balance and perspective is an essential ingredient of the Quod Orbis culture.

Alastair Dickson

Commercial Director -

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Alastair has spent the last 20 years working in Cyber Security and Risk Management. He is a passionate believer that security solutions should enable a business to take advantage of all the benefits of the digital world, while not putting the organisation’s data or productivity at risk.

Alastair has developed high-performing teams in some of the industry’s most competitive markets and launched new innovative technologies to market.

Being a rugby coach, and also having four sons at home, means he has lots of experience in keeping a passionate team in order but always has time for some fun!

Gary Penolver

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Gary has 15 years’ experience in senior technology roles, and has already been closely involved in starting and taking two technology companies to market.

Totally comfortable with a fast-moving, state-of-the-art technical landscape, he helps his clients maintain and improve security and compliance.

He has a reputation for delivering pragmatic and easy to maintain solutions – business owners and managers enjoy knowing that the security and compliance is well managed and automated, properly instrumented and reported at a competitive cost point.

Honest, open, unflappable and very social, Gary is trusted by many household-name organisations to protect their, and their client’s data.

Martin Greenfield

CEO -

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Martin is an experienced technology and organisational transformation specialist and an excellent, proven leader and communicator in mission-critical operations, particularly in security technology.

Over the past 20 years, multi-billion pound commercial organisations, including global banks, utilities and major investment funds have trusted Martin to transform their operations to meet financial, operational and compliance targets.

Martin optimises operations, managing and transforming operational teams of between 50 and 500 people, to deliver the highest levels of audit compliance, risk management and financial efficiency.

Often working with other major consultancies and suppliers for new global corporate owners or management teams, Martin will help integrate and streamline operations on a global basis.

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