cyber security

Organisations are subject to increasing amounts of legislative, corporate and regulatory requirements to show that they are managing and protecting their information appropriately. Simultaneously, the threats from cyber criminals and hacktivists are growing in scale and sophistication.

Organisations are increasingly vulnerable as a result of technological advances and changing business practices including the internet of things, wearable technology, big data, cloud computing, services on demand and mobile technology.

How we can help

KPMG’s Cyber Security Framework illustrates both the organizational components and the iterative process required to help assure customers, shareholders and employees that cyber risks are being managed.

KPMG’s Cyber Security Services bring together specialists in information protection and business continuity, risk management, privacy, organisational design, behavioral change and intelligence management.

Our cyber services are aim to:

  

Identify the cyber threats our client face

   

Identify the gaps that may lead to a successful cyber attack

   

Help implement control to reduce the identified GAP

   

Remediate the root cause issue driving the right behavior to achieve sustainable solutions

Tel: +234 1 271 8955 (or 8599)

Fax: P.M.B. 40014, Falomo

Website - https://home.kpmg/ng/en/home.html

Visit link - https://home.kpmg/ng/en/home/services/advisory/technology-advisory/cyber-security.html

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It is the responsibility of everyone, from the chief executive down. Past corporate failings have been attributed to lack of accountability, strategy and transparency.

Tougher expectations by regulators and other stakeholders now mean that corporates and financial institutions should demonstrate better discipline, control and responsibility. Failure to comply with existing and emerging regulation could jeopardize reputations and livelihoods. How robust is your governance, risk and compliance program?

Financial risks have probably never been more acute. Capital reserves, credit portfolios, investment policies and capital and debt profiles all demand constant scrutiny to adequately manage and mitigate risk.

Companies should also be vigilant about risks presented by suppliers. A counterparty who defaults on a contract, or whose business collapses, can have serious financial and reputational ramifications for connected parties.

Fraud risks can also increase when cash is tight. Some employees become more opportunistic — and external hackers more resourceful. They find security lax in areas of the business that used to be better resourced … and they strike. Are your systems and policies sufficiently robust to ward off the risk of fraud?

At the same time, many companies are more likely to pursue litigation for losses that they would otherwise endure in more prosperous times. Disputes arise as they seek to apportion blame to other parties for inappropriate or negligent behavior that results in financial or business loss. Could you end up as instigator or defendant in a litigation case?

With all these demands, internal audit is in many companies often elevated from pure compliance to a function that regularly reviews the risk profile for emerging risks and identifies trends as it keep its finger on the pulse of business performance. The chief risk officer, meanwhile, becomes increasingly involved in strategic decision-making where the emphasis is as much on risk as it is on growth.

KPMG Nigeria professionals provide the experience to help companies stay on track and deal with risks that could unhinge their business survival.

Tel: +234 1 271 8955 (or 8599)

Fax: P.M.B. 40014, Falomo

Website - https://home.kpmg/ng/en/home.html

Visit link - https://home.kpmg/ng/en/home/services/advisory/risk-consulting.html

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