Technology Risk

Strengthen governance, protect data, and maintain operational integrity through comprehensive technology risk management.

Protecting Your Technology Assets

In today's interconnected business environment, technology risks can quickly become business risks. Cybersecurity breaches, vendor failures, compliance violations, and operational disruptions can have severe financial and reputational consequences. Our Technology Risk service helps organizations identify, assess, and mitigate these risks systematically.

We bring a pragmatic, business-focused approach to technology risk management. Rather than creating compliance paperwork that sits on shelves, we help you build risk management practices that are integrated into daily operations and genuinely protect your organization.

            Our Technology Risk Services
            Information security assessments and program development
Vendor risk management and third-party assurance
Business continuity and disaster recovery planning
Cybersecurity strategy and controls implementation
Compliance assessments (ISO 27001, SOC 2, GDPR, etc.)
Risk registers and treatment plans
Security awareness training programs
Incident response planning and testing

        

Risk Management Framework

Our approach to technology risk management follows industry best practices while remaining practical and tailored to your organization's size, complexity, and risk profile. We help you establish a risk management framework that includes:

Risk Identification: Systematic identification of technology risks across infrastructure, applications, data, and third parties
Risk Assessment: Evaluation of likelihood and impact to prioritize risks based on business context
Risk Treatment: Development and implementation of controls to mitigate, transfer, accept, or avoid risks
Monitoring & Review: Ongoing monitoring of risk landscape and control effectiveness
Reporting: Clear communication of risk status to executives and board members

Focus Areas

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Information Security

Comprehensive security programs protecting confidentiality, integrity, and availability of your information assets.

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Vendor Assurance

Third-party risk management ensuring your vendors meet security, compliance, and operational requirements.

📋

Compliance & Governance

Alignment with regulatory requirements and industry standards while maintaining operational efficiency.

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Business Continuity

Resilience planning ensuring critical operations continue during disruptions and disasters.

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Risk Reporting

Clear, actionable risk reporting that enables informed decision-making by leadership and boards.

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Cyber Resilience

Building organizational capability to prevent, detect, respond to, and recover from cyber incidents.

Industry Experience

Our team has extensive experience managing technology risk across multiple industries, including:

Financial Services: Banks, insurers, and investment firms requiring stringent security and compliance
Healthcare: Protection of sensitive patient data and medical systems
Professional Services: Law firms, consultancies, and advisory practices handling confidential client information
Technology Companies: Software vendors, SaaS providers, and IT service organizations
Events & Hospitality: Organizations managing large-scale events and customer data

Case Study: Financial Institution Security Program

A regional bank engaged AllShores to strengthen their information security program following regulatory feedback. We conducted a comprehensive gap assessment against industry frameworks and regulatory expectations, identifying 47 control weaknesses across people, process, and technology domains.

Working with the bank's IT and risk teams, we developed a 24-month remediation roadmap prioritizing controls based on risk and regulatory importance. We provided hands-on support implementing key controls including access management improvements, security monitoring capabilities, and incident response procedures.

Results: Achieved regulatory compliance within 18 months. Reduced security incidents by 65%. Passed subsequent audit with no material findings. Established sustainable security operations capability.

Vendor Risk Management

Organizations increasingly rely on third-party vendors for critical services, creating concentrated risk exposure. Our vendor risk management approach helps you assess, monitor, and manage risks throughout the vendor lifecycle—from initial due diligence through ongoing monitoring and contract renewal.

We help you establish vendor risk programs that are proportionate to your risk appetite, including risk-based vendor classification, security assessments, contract reviews, and continuous monitoring of vendor performance and security posture.

Business Continuity & Disaster Recovery

When disruptions occur—whether from natural disasters, cyber attacks, or operational failures—your organization needs plans and capabilities to maintain critical operations. We help you develop comprehensive business continuity and disaster recovery strategies that are realistic, tested, and aligned with business requirements.

Our approach includes business impact analysis, recovery strategy development, plan documentation, training, and regular testing to ensure your organization can respond effectively when disruptions occur.