Cyber Risk Management
Cyber Risk Management service helps safeguard critical assets by identifying, assessing, and managing risks from your supply chain, partners, and third-party vendors.
Cyber Risk Management
Effective cyber risk management is essential for safeguarding your organization’s most critical assets. With Cyber Risk Management services, Simply Data helps identify, assess, and manage the risks posed by your supply chain, partners, and third-party vendors.
Key Features of Simply Data’s
Cyber Risk Management Service
Supply Chain Risk Monitoring
Continuous monitoring of vendors and partners to assess any potential vulnerabilities that could affect your business.
Impact Analysis
Evaluate how potential cyber risks could disrupt your operations, and implement strategies to mitigate those risks.
Customizable Risk Models
Tailor risk management strategies based on your organization’s specific needs and goals.
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- B-03A-03, 3RD Floor, Block B Setiawalk, Persiaran Wawasan, Pusat Bandar Puchong, 47100 Puchong, Selangor
- +603 5886 2714
- contactus@simplydata.com.my
Frequently Asked Questions
Cyber Risk Management is the process of identifying, assessing, and prioritising cybersecurity risks to your organisation and implementing controls to reduce them to an acceptable level. It translates technical threats into business risk — enabling leadership to make informed investment decisions.
Cyber risk quantification translates technical risks into financial terms — e.g. 'a ransomware attack has a 35% probability of costing RM 3–8 million in losses'. This helps boards and executives justify cybersecurity investment and prioritise controls based on actual business impact.
Our framework maps to BNM RMiT's technology risk management requirements, Malaysia's PDPA obligations, and the Cybersecurity Act 2024 (Act 854) — giving regulated entities a structured approach to meeting their risk assessment obligations.
We combine our deep knowledge of the Malaysian regulatory landscape (BNM RMiT, PDPA, Act 854) with practical threat intelligence from our SOC and ETI teams — so your risk register reflects real threats, not theoretical ones.