Technology Risk Assessment

Safeguard Your Business Against Technology Risks

Technology risk, or IT risk, refers to the potential for technology failures to disrupt business operations, encompassing cyber attacks, service outages, outdated equipment, and more.

Zambezi is here to help you safeguard your business by identifying data vulnerabilities, analyzing and prioritizing risks, setting risk tolerance, and establishing robust processes. Our solutions focus on risk mitigation and continuous monitoring to keep your operations resilient and secure.

Common Technology Risk Categories

Understanding the various types of technology risks helps organizations prepare comprehensive defense strategies against potential threats and vulnerabilities.

Cyber Security Threats

Malware, ransomware, phishing attacks, data breaches, and unauthorized access attempts that compromise system integrity and data confidentiality.

High Priority Risk

System Outages

Service interruptions, server failures, network downtime, and application crashes that disrupt business operations and customer service.

Medium Priority Risk

Outdated Equipment

Legacy systems, unsupported software, obsolete hardware, and end-of-life technologies that pose security and performance risks.

Medium Priority Risk

Data Loss & Corruption

Hardware failures, human errors, software bugs, and natural disasters that result in permanent data loss or corruption.

High Priority Risk

Compliance Violations

Non-compliance with industry regulations, data protection laws, and security standards leading to legal and financial consequences.

High Priority Risk

Human Error Risks

Accidental deletions, misconfigurations, weak passwords, and inadequate training that expose organizations to security vulnerabilities.

Medium Priority Risk

Our Comprehensive Risk Assessment Process

A systematic approach to identifying, analyzing, and mitigating technology risks through proven methodologies and industry best practices.

Vulnerability Identification

Comprehensive scanning and analysis to identify data vulnerabilities, system weaknesses, and potential security gaps across your IT infrastructure.

Risk Analysis & Prioritization

Thorough evaluation and classification of identified risks based on impact, likelihood, and business criticality to establish priority levels.

Risk Tolerance Setting

Collaborative definition of acceptable risk levels aligned with your business objectives, compliance requirements, and operational constraints.

Process Implementation

Establishment of robust risk management processes, security controls, and mitigation strategies with continuous monitoring capabilities.

Comprehensive Risk Mitigation Solutions

End-to-end risk management services designed to protect your organization from technology threats and ensure business continuity.

Security Assessment

Comprehensive security audits, penetration testing, and vulnerability assessments to identify and address potential threats.

  • Network Security Analysis
  • Application Security Testing
  • Data Protection Audit

Continuous Monitoring

24/7 monitoring systems that detect threats in real-time and provide immediate alerts for rapid response and mitigation.

  • Real-time Threat Detection
  • Automated Alert Systems
  • Performance Monitoring

Compliance Management

Ensure adherence to industry regulations and standards while maintaining robust governance frameworks and documentation.

  • Regulatory Compliance
  • Policy Development
  • Audit Preparation

Business Continuity

Develop comprehensive business continuity and disaster recovery plans to ensure operational resilience during disruptions.

  • Disaster Recovery Planning
  • Backup Strategy Implementation
  • Emergency Response Procedures

Staff Training

Comprehensive security awareness training programs to educate employees about best practices and threat recognition.

  • Security Awareness Training
  • Phishing Simulation
  • Best Practices Workshops

Risk Response Planning

Strategic planning and implementation of risk response strategies tailoprimary to your organization's specific risk profile.

  • Incident Response Plans
  • Risk Mitigation Strategies
  • Recovery Procedures

Technology Risk Statistics

Understanding the current landscape of technology risks helps organizations make informed decisions about their security investments.

95%
of cyber attacks are due to human error
KES 4.45M
average cost of a data breach in 2023
200+
days to identify and contain a breach
43%
of cyber attacks target small businesses