17413 107 Ave NW #100, Edmonton, AB

Assessing Your Cyber-Risks

cyber-risks

1. Perform a Digital Inventory.

Gain a comprehensive understanding of your IT environment by identifying and classifying all business-critical assets. This includes hardware, software, data repositories, networks, and any other digital components essential to your business operations. You can categorize these assets based on their importance and the role they play in supporting key business functions.

Remember to regularly update the digital inventory! This is to account for changes in technology, infrastructure, or business processes, ensuring that it remains an accurate reflection of your IT environment.

 

2. Stay Informed.

Knowledge is your strongest defense. Keep yourself updated and well-informed on evolving cyberthreats and vulnerabilities. You can help yourself do this by subscribing to threat intelligence feeds, participate in industry forums, and engage with cybersecurity communities to gain insights into the latest trends and potential risks. As well, work to foster a culture of awareness and education among your team members, encouraging them to stay informed about cybersecurity best practices and potential threats.

 

3. Identify Your Weaknesses.

Frequently perform vulnerability assessment scans to identify and correct weaknesses malicious actors could exploit. Prioritize vulnerabilities based on their severity and exploitability. An IT provider can help you implement a patch management process to ensure that software and systems are promptly updated to reduce your risk of breach.

 

4. Conduct an Impact Analysis.

Evaluate the likelihood of each identified vulnerability and gauge the potential financial impact on your business. Make sure to consider both the direct and indirect consequences, such as regulatory fines, reputational damage, and loss of intellectual property. This analysis aids in quantifying and qualifying risks, enabling better decision-making regarding resource allocation for risk mitigation efforts.

 

5. Prioritize Threats by Degree of Risk.

Rank recognized threats based on their likelihood and impact on your business. This will help you allocate resources efficiently and focus on the most critical risks. You can develop a risk matrix that categorizes threats into high, medium, and low-risk categories.

 

6. Develop an Action Plan.

Create an action plan that strategically outlines how to manage and mitigate risks based on their priority levels. Establish clear responsibilities and timelines for implementing security measures and regularly review and update the action plan as the threat landscape evolves.

 

7. Document Everything.

Record all the identified risks and your mitigation strategies for continuous monitoring and risk management. As well, you could document lessons learned from previous incidents or efforts to improve future decision-making. Make sure to regularly review and update documentation to ensure its accuracy and relevance. Facilitating continuous monitoring and improvement of your cybersecurity posture is key.

 


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Framewerx Projects
Shopwerx in Acheson, AB
Real-time usage in the field

Our client-facing steel progression web application: Shopwerx, used by one of our client’s workers. 

Client Testimonials
Steve Brittain
Steve Brittain
Municipal Manager, Select Engineering Consultants
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Dan and his team have been able to meet all Select Engineering challenges with minimal disruption to the business; from fast access to corporate resources thanks to our DaaS solution, to collaborating with internal and external parties utilizing our manager VoIP phone system or accessing SaaS solutions using the fully integrated security solutions.
 Daniel Elliot
Daniel Elliot
Operations Lead, Omni-McCann Geoscience
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Framewerx rescued my company from obsolete digital file management and brought us into the 21st century with cloud services in an efficient manner. Kalyn and his team at Framewerx were able to provide solutions for merging two corporate entities with vastly different digital file management and email servers in a seamless manner while providing top quality support during and after the transition to all employees. They provided training so that everyone understood new operating protocols and software changes. Framewerx has been very responsive and has always been keen to work with us to understand our business, IT needs, and financial restrictions. We continue to work with Framewerx for all of our IT, phone system, and data storage needs.
 Karim Mouait
Karim Mouait
Vice President, Cornerstone Insurance Brokers Ltd
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We used Framewerx to transition our traditional office to a virtual one. This included VOIP, call recording, video conferencing, VPN, remote working from home accommodations etc. Dan and his team did a fantastic job. They are extremely responsive and client service oriented.
 Kimberly Maber
Kimberly MaberManaging Partner, Brunsdon Lawrek & Associates
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I have worked with Kalyn and his team for many years. He has readily handled all of our IT needs, from designing our IT strategy to our day to day computing requirements and support. Kalyn takes the time to listen to and understand our needs, delivering cost-effective and innovative IT solutions for our small business. I highly recommend working with Kalyn at Framewerx.
Services we provide

Inventory Management

Inventory Count Tool

Enhance inventory auditing and future reconciliation efforts with a versatile mobile and web-based application.

Fabrication & Progression Management

Shopwerx

Efficiently oversee and optimize the fabrication process of steel components, meticulously tracking and managing the progression of fabrication tasks from staging, prep assembly, welding, QAQC, all the way to shipping.