Security Risk Assessment

Build a Stronger Cybersecurity Foundation with Risk Intelligence

Every organisation faces cybersecurity threats—whether from external attackers, internal weaknesses, or third-party exposure. The challenge is not just identifying these risks, but understanding their potential impact and prioritising the right actions to address them.

At NSAA Security, we specialise in comprehensive risk assessments tailored to your business environment, regulatory requirements, and internal security maturity. We don’t offer generic checklists—we deliver clear, actionable insights to help you strengthen your security posture and support long-term resilience.

 

Why Risk Assessment Matters

A well-executed security risk assessment is more than a compliance exercise. It is a strategic process that empowers decision-makers to:

• Identify vulnerabilities across people, processes, and systems

• Understand the likelihood and potential impact of threats

• Evaluate the effectiveness of current security controls

• Make informed investment decisions around cyber defences

• Improve risk governance and security accountability

• Prepare for audits, certifications, and incident response

Without risk awareness, even the best technology can fail. Risk assessments help you proactively manage threats before they turn into costly incidents.

 

Our Risk Assessment Services

NSAA Security provides end-to-end assessment services that give you a clear picture of your organisation’s current and residual risk. Our team applies leading industry frameworks and best practices, and we tailor each engagement based on your size, sector, and operational complexity.

Our Process Includes:

• Security Posture Review
  We begin with an evaluation of your existing security architecture, governance model, and risk management processes.

• Threat and Vulnerability Identification
  Using structured methodologies and threat intelligence, we identify likely attack vectors and known vulnerabilities relevant to your environment.

• Control Assessment
  We assess the design and effectiveness of your existing controls across technical, administrative, and physical domains.

• Risk Analysis and Quantification
  Risks are evaluated based on their likelihood and potential impact. We can provide both qualitative and quantitative assessments depending on your needs.

• Prioritisation of Remediation Activities
  Findings are ranked by risk level to help you address critical issues first and plan long-term improvements effectively.

• Roadmap Development
  We deliver a tailored roadmap that outlines practical remediation initiatives, control enhancements, and strategic investments.

 

Risk Frameworks We Use

NSAA aligns our assessments with globally recognised standards and Australian regulatory requirements, including:

• ISO/IEC 27001 & 27005 – Information security management and risk management

• NIST SP 800-30 & 800-53 – Risk and control baselines

• ISM – Australian Signals Directorate’s Information Security Manual

• APRA CPS 234 – For financial services and superannuation sectors

• PCI DSS – For payment card environments

• HIPAA & SSAE-18 SOC – For healthcare and service organisations

• Essential Eight Maturity Model – Where applicable for government alignment

We’ll work with your compliance and IT teams to ensure that any risk assessments conducted also support your reporting, audit, and certification efforts.

 

Customised for Your Organisation

We don’t believe in one-size-fits-all assessments. Every organisation operates with unique risks, technologies, and business goals. That’s why we customise every engagement to suit your:

• Industry and threat landscape

• Existing policies and controls

• Regulatory obligations

• Risk appetite and tolerance

• Business continuity goals

• Maturity level and budget

Our consultants work closely with key stakeholders to ensure assessments are practical, realistic, and aligned with strategic outcomes.

 

Types of Risk Assessments We Offer

Depending on your objectives, NSAA Security offers a variety of assessment types:

• Enterprise Security Risk Assessments (ESRA) – A holistic view of your organisation’s overall risk exposure

• Application or System-Specific Risk Assessments – Focused analysis of individual systems, platforms, or applications

• Third-Party and Vendor Risk Assessments – Evaluation of risks associated with your suppliers and service providers

• Cloud Risk Assessments – Focused on cloud environments (AWS, Azure, GCP) including misconfiguration and data exposure

• Pre-Compliance Gap Assessments – Designed to prepare for certification audits (ISO, PCI, SOC, etc.)

• IT Risk Assessment for Governance – Useful for CIO, CISO, or board-level reporting

 

Deliverables You Can Expect

At the conclusion of our risk assessment, you will receive:

• A detailed risk register with prioritised findings

• Visual dashboards and heatmaps (on request)

• An executive summary for leadership

• A remediation and improvement roadmap

• Optional workshops to walk through results and action plans

• Recommendations tailored to your business, not just best practices

 

Long-Term Value, Not Just a Snapshot

Our goal is not only to provide a snapshot of your current risk but to enable continuous improvement. We support ongoing engagements where we revisit risk quarterly, biannually, or annually to help you maintain momentum and maturity.

For organisations that already have internal security teams, we offer co-assessment models that enhance your internal visibility and reporting. For those starting out, we offer structured guidance to build foundational risk management capabilities.