Cybersuite services

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We help your organisation to assess and enhance your cybersecurity posture, mitigate risks, and navigate the evolving landscape of cyber threats.

Cyber Insurance Readiness Assessment 

What is a CIRA?

The Cyber Insurance Readiness Assessment (CIRA) is a risk-based cyber security, privacy, and data protection assessment, used to prepare your organisation for obtaining a cyber insurance policy, and maintaining it.

In an evolving cyber threat landscape, with regular and devastating data breaches, it is more important than ever to manage preventable cyber risks to your organisations. This risk management is essential to obtaining cyber insurance, at least on favourable terms.

The CIRA enables your business leaders to understand the current controls in place, the cyber risks your organisation faces, and a path to becoming more cyber resilient. This assessment combines multiple recognised standards to create a holistic evaluation of the organisation’s cyber posture. These standards, and criteria of the assessment, are drawn from:

  • ACSC Essential Eight;
  • ISO 27001;
  • NIST Cybersecurity Framework;
  • ICO Accountability Framework;
  • Current Insurance Requirements; and
  • Industry Best Practice.

Why conduct a CIRA?

Resilience

A CIRA evaluates your current practices whilst providing a tailored plan for implementing additional practices. You gain the assurance that current and future security and data protection controls firstly, meet recognised standards and cyber insurance industry requirements for protecting your information and assets and secondly, reduce your overall cyber risk.

Risk Reduction

This is a cost-effective approach to understanding and reducing your cyber risks. Your organisation will be able to leverage the CIRA report and remediation plan to maximise your cyber risk reduction strategies, increase resiliency and be in a strong position to achieve cyber insurance coverage on favourable terms.

Expert Advice

We apply expert knowledge and experience in cyber security, risk management, data protection, and privacy, as well as significant experience from the cyber insurance industry to provide a truly holistic view of your cyber security and data protection maturity and risks.

Outcomes

Formal Report

You will receive a detailed report assessing your current approach to cyber security and privacy risk management. The report forms part of a comprehensive evaluation of your organisation's cyber security posture,and identifies areas for improvement, aligning with your risk appetite.

Recommendations Roadmap

You will receive a tailored remediation plan which outlines uplifting controls and processes. Implementing these controls and processes will assisting in meeting the standard requirements for obtaining and maintaining cyber insurance, increase alignment with recognised international standards, and reduce your overall cyber risk exposure.

Confidence

You gain confidence in your cyber security and data protection risk management controls, processes, and maturity, and understand what is needed to improve your cyber resiliency.

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