VeridianTech
We help small, medium and large
companies to assess their business
risks around technologies and
apply the best industry standards
to address those risks.
We bring almost 15 years of experience in IT Risk across multiple regions
and industry sectors, covering the following areas:
In the context of tech risk, strategy refers to an organization's comprehensive plan to identify, assess, manage, and mitigate risks associated with technology. This involves recognizing potential threats like cybersecurity breaches or system failures, evaluating their likelihood and impact, and implementing policies and controls to minimize these risks. Additionally, it includes developing contingency plans to ensure quick recovery from tech-related incidents, ultimately protecting digital assets, ensuring business continuity, and supporting long-term growth.
Risk assessment is the process of identifying, analyzing, and evaluating potential hazards or risks that could negatively impact people, assets, or an organization. This involves determining the likelihood of these risks occurring and the severity of their consequences. The goal is to inform decision-making by providing insights on how to mitigate or manage these risks effectively.
Governance refers to the frameworks, processes, and practices that ensure an organization is managed effectively, ethically, and in alignment with its goals and stakeholder interests. It involves setting policies, defining roles and responsibilities, and establishing mechanisms for accountability, decision-making, and performance monitoring.
Compliance is the act of adhering to laws, regulations, standards, and internal policies applicable to an organization. It involves implementing controls, conducting audits, and ensuring that the organization's practices and operations meet legal and regulatory requirements to avoid penalties, legal issues, and reputational damage.
General and Application Controls Design Reviews assess the effectiveness of an organization's IT controls at different levels. General controls encompass broad policies and procedures, such as access control, change management, data backup and recovery, physical security, and network security, ensuring overall system integrity and security. Application controls focus on individual software systems, evaluating input, processing, output, and interface controls, as well as user access within specific applications to ensure data accuracy and integrity. Together, these reviews ensure both overarching IT infrastructure and specific software applications are secure, reliable, and functioning as intended.
Controls Operating Effectiveness Reviews are evaluations conducted to assess how well internal controls are functioning within an organization. These reviews determine if the controls are operating as intended and are effectively mitigating risks. They involve testing and reviewing procedures to ensure that controls are being executed consistently and are achieving their desired outcomes. This process is crucial for maintaining compliance, ensuring accurate financial reporting, and safeguarding assets against fraud and errors.
Cyber Security Reviews are systematic evaluations conducted to assess an organization's information security measures, policies, and practices. These reviews aim to identify vulnerabilities, ensure compliance with regulations, and enhance the overall security posture by detecting potential threats and weaknesses in the systems. They typically involve analyzing the effectiveness of current security controls, procedures, and incident response strategies to protect against cyber attacks and data breaches. The findings from these reviews are used to recommend improvements and mitigate risks, ensuring that the organization's data and systems are adequately protected.
We're here to help and answer any questions you might have. We look forward to hearing from you!
contact@veridiantechco.com
Reach out today to explore exciting career opportunities with our team!
contact@veridiantechco.com
If you have special requests, please don't hesitate to contact us!
contact@veridiantechco.com
Plot 27, Martyrs Gardens Road A
Ntinda, Kampala
Call us on +256 782 928 986
We help small, medium and large
companies to assess their business
risks around technologies and
apply the best industry standards
to address those risks.