You worked hard to build your business. We work hard to protect it from cyber threats.
Cybersecurity is a challenge faced by all businesses. Our cybersecurity experts will provide you with an honest assessment of the effectiveness of your organization’s cybersecurity program, identify points of vulnerability or regulatory non-compliance, and assist you with implementing solutions that will elevate your cybersecurity capabilities. And if cybersecurity is something that hasn’t been on your radar, don’t worry as we can assist you in getting started.
In today’s constantly evolving cyber threat landscape, you need a trusted partner to help ensure that your data and technology remain safe and resilient in a world full of bad actors. Malcom Risk Advisors provides that partnership, using reliable and affordable services - tailored to your organization’s needs.
RELIABLE PARTNERSHIP
After decades of providing cybersecurity consulting services and leading the information security and internal audit departments of multiple global Fortune 500 companies, we felt a call to redefine our client base and the motivations for the service we provide - creating visible change through solving cybersecurity challenges faced by organizations that are often the most vulnerable - small and medium sized businesses.
Our mission in forming Malcom Risk Advisors was born out of recognition that most small and medium sized businesses can’t afford to hire full-time cybersecurity resources or afford to pay the steep price tags associated with engaging with large consulting firms.
Regardless of your organization’s size or budget, Malcom Risk Advisors is here to be your new partner in cybersecurity, providing you with access to our industry-recognized subject matter experts when you need them. Under our retained services offering, you gain 24x7 access to one of our experts who will identify opportunities to strengthen your existing cybersecurity capabilities and uplift your cybersecurity program. Our experts are also available to lead your incident response in the event of a cyberattack. Examples of the types of services we provide under our retainer agreement can be found under the ‘Services’ tab above.
SERVICES
Tackling the Cybersecurity Challenges Faced by Your Small or Medium Sized Business
Recent cybersecurity studies reported that only 14% of small and medium sized businesses are prepared for a cyber attack. As a result, these organizations have become a primary target of malicious actors. A successful cyber attack may result in a loss of your business’ sensitive data or personal data, or in a ransomware attack that renders your technology inoperable. These attacks may ultimately result in millions of dollars in lost revenue and regulatory fines, an inability to operate your business for extended periods of time, and the erosion of trust in your company’s brand. For most small and medium sized businesses, this likely leads to bankruptcy.
Your partnership with Malcom Risk Advisors provides you with 24x7 access to seasoned security executives without the costs of hiring an FTE or engaging with a large consulting firm.
Cybersecurity
43%
Reported by Cybersecurity Ventures, the percentage of cyberattacks that will target small businesses in 2025. This rise in threat activity has primarily been driven by the view that these organizations are easy targets based on the lack of maturity of their cybersecurity programs.
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Hiring a full-time cybersecurity executive is cost prohibitive for most small and medium sized businesses. Under our retained services offering, Malcom Risk Advisors provides you with 24×7 access to a cybersecurity expert for a fraction of the cost of an FTE. You can choose how to deploy the available hours of your fractional CISO, be it to complete specific cybersecurity initiatives or lead the response to a cybersecurity incident.
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Our security experts can serve as a fractional-CISO to your PE firm, creating and implementing security policies for your organization.
Additionally, our experts can assist you by developing a baseline of cybersecurity controls with which your portfolio companies must comply, partner with them to remediate any gaps, and perform regular audits to ensure they remain compliant.
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Our assessments are tailored to address the risks specific to your organization and are intended to identify vulnerabilities that can be exploited by a malicious actor to gain unauthorized access to your network.
We also offer regulatory readiness reviews to identify gaps in compliance before they are identified by an outside auditor.
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The volume of data generated by organizations continues to explode, much of which includes proprietary business and personally identifiable information that must be stored and transferred in a secure manner to minimize the chance of it falling into the wrong hands.
Our data protection assessments identify where sensitive data is stored on your network and ensure that controls exist to prevent unauthorized users from obtaining access to it.
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The majority of security incidents are in large part caused by human error. Through security awareness training, we educate your staff on the techniques cyber criminals use to initiate a cyber attack, help them become more vigilant in identifying potential security attacks, and provide best practices related to securely utilizing company IT resources.
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As third-parties increasingly provide business critical technology and services to your organization, a robust third-party risk management program is required to minimize risks introduced by the use of these third-parties. This includes a thorough due diligence process, contractual terms that clearly outline the security policies which your vendors must follow, and on-going monitoring of vendor performance and contractual compliance. Malcom Risk Advisors can assist you in performing any or all of these activities.
Internal Audit
60%
The percentage of internal audit departments that believe that their teams lack the skills necessary to enable them to be viewed as value creators within their organizations, as reported by an article published by the Institute of Internal Auditors in 2022.
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In order to stay relevant in the eyes of your stakeholders, internal audit must move beyond being viewed solely as a compliance provider and become a trusted advisor and value creator that delivers previously unknown business insights to the department’s stakeholders.
Our experts assist internal audit departments evolve by developing strategic roadmaps to help them become more data-driven and more efficient by leveraging new technologies including automation and generative AI. We can also evaluate the skill sets within your department to ensure your team possesses the capabilities required to be an ‘next-gen’ audit professional.
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Get Started Today With Expert Guidance for Success
Contact us now to obtain or experts’ guidance and our tailored solutions to help you better secure your data, ensure your organization is protected against today’s evolving security threats, and obtain assurance your organization is in compliance with any relevant regulatory requirements.