Operational risk management

Even large companies must suspend their operations when an outsourced information system experiences a disruption. Service interruptions always come as a surprise: after all, everything was supposed to be fine. With operational risk management, you can reduce the probability of unexpected events.

Our risk management assessment involves identifying and analysing threats associated with a system or element, and an operational plan for addressing related risks. 

The assessment of individual risks seldom leads to the desired measures. By defining methods and allocating roles and responsibilities for the company's risk management, we can make sure that the agreed measures are also implemented and their effect evaluated. 

As shown in the figure below, Nixu's approach to improving your risk management methods and practices ensures that risk management becomes an integral part of the company's daily operations.

Operational risk management

We do not focus on your organisation or bureaucracy. Instead, we recommend methods that focus on action, ensuring that relevant issues are addressed in practice. The risk management method best suited for the organisation's needs is a combination of

  • proper organisation, i.e. role and responsibility allocation
  • good practices
  • effective risk assessment and management tools
  • monitoring and reporting.

When an international public company commissioned us, we assessed the risks related to its business, HR, finance and CRM processes. We also helped the company manage information risks, risks related to outsourced IT services and various other risks. We have also supported the public sector by helping agencies meet the risk management requirements of national security level guidelines.

Our services include

  • risk assessment of individual information systems, processes, entire organisations or an organisation’s partner and customer networks 
  • risk management method and practice improvement
  • training.
Some methods, standards and guidelines we use in risk assessment are listed below:
  • ISO 31000
  • ISO 27005
  • The Finnish government’s Vahti guidelines for information security
Information risk: a risk is related to a piece of information or its use

An information risk is defined as the risk of a piece of information or an information system becoming inaccessible, changes in the information, or the information being obtained by a third party. Information risks are a part of operational risk management.

Risk management is a tool

Properly implemented risk management processes support the organisation’s goals, reduce surprises and improve operational efficiency.

Collaborator security audit

Evaluating the security level and compliance status of collaborators and 3rd parties.
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GRC Systems

A holistic view of the organization’s core and support functions.
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Information Security Management

Do you control your information security or does it control you?
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