Risk Assessment
Quantify cyber risks in terms of business impact, dollars, and regulatory exposure. Lumiverse Solutions delivers comprehensive Cyber Risk Assessments using FAIR and ISO 27005 frameworks to help leadership allocate security budgets where they matter most.
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Schedule a quantitative risk consultation with certified risk specialists
6 Dimensions of Enterprise Cyber Risk Assessment
Bridging the gap between technical vulnerabilities and executive business risk management.
Quantitative Risk Quantification (FAIR Framework)
Translating technical vulnerabilities into financial loss exposure ranges ($ / ₹) to guide executive cybersecurity investments.
- Loss event frequency (LEF) estimation
- Probable loss magnitude (PLM) calculations
- Monte Carlo financial risk modeling
Architectural Threat Modeling (STRIDE & PASTA)
Deconstructing software and cloud architectures into data flow diagrams (DFD) to identify threats before code reaches production.
- STRIDE threat categorization (Spoofing, Tampering, etc.)
- Trust boundary and attack surface mapping
- Mitigation control mapping and validation
Third-Party & Vendor Risk Management (TPRM)
Evaluating cybersecurity risks introduced by third-party SaaS vendors, suppliers, cloud providers, and contractor access.
- Vendor security posture scoring
- Contractual security & SLA reviews
- Fourth-party risk & dependency tracking
Critical Asset & Data Flow Mapping
Identifying crown-jewel data assets, customer PII/SPI, intellectual property, and tracking cross-border data movements.
- Data classification and inventory cataloging
- DPDP Act 2023 data flow mapping
- Database access & residency auditing
Regulatory & Legal Risk Profiling
Evaluating the financial and statutory exposure associated with non-compliance under RBI, SEBI, CERT-In, and DPDP mandates.
- Statutory penalty exposure estimation
- Breach notification liability assessments
- Director and officer cyber liability analysis
Risk Treatment & Mitigation Strategy
Formulating structured risk treatment plans (Mitigate, Transfer, Accept, Avoid) backed by prioritized engineering roadmaps.
- Enterprise Risk Register establishment
- Cyber insurance coverage optimization
- Residual risk executive sign-off dossiers
5-Stage Cyber Risk Assessment Lifecycle
A disciplined, data-driven framework aligned with ISO 27005 and NIST SP 800-30 guidelines.
Crown Jewel & Scope Definition
Cataloging critical business systems, financial databases, IP, and establishing baseline monetary value.
Adversary Profiling & STRIDE
Mapping threat actors, attack vectors, and modeling system architectures for inherent vulnerabilities.
Defensive Safeguard Evaluation
Evaluating existing preventative, detective, and corrective controls to measure true residual vulnerability.
Loss Probability & Financial Impact
Running Monte Carlo simulations to calculate expected annualized loss expectancy (ALE) and single loss expectancy (SLE).
Executive Presentation & Register
Populating the enterprise risk register, defining prioritized mitigation actions, and presenting findings to the Board.
Frequently Asked Questions
Key details regarding scoping, timelines, evidence handling, and deliverables.