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Managed Cyber Risk

Improve oversight and ownership of your cyber risk and accelerate your journey towards real-time quantified cyber risk management capability with our Managed Cyber Risk (MCR) solution.

The cyber security industry has spent the last 20+ years trying to improve the way it can quantify and manage cyber risk. But there are still no established industry good practices so we are looking to set the benchmark.

Our MCR solution includes cyber risk advisory and managed services enabled by a tech platform powered by Microsoft. Complementing your existing governance, risk and compliance (GRC) investments, we can support you in accelerating time to operationalise a cyber risk management framework.

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Managed Cyber Risk

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The benefits of Managed Cyber Risk

Our platform improves cyber risk oversight and ownership

The simple questions executives are asking are answered at different levels using different reporting which MCR provides

Comparison between MCR and governance, risk and compliance (GRC) tools:

MCR has unique features that differentiates it from traditional GRC platforms and can help complement them by providing deep dive risk analytics into the cyber risk domain, including:

Flexible cyber risk model that supports both deterministic and probabilistic modelling of risks to suit the needs of both mature and immature clients.

Customisable pre-loaded content that includes multiple industry control standards mapped to good practice risk factors (i.e. risks, threats and metrics).

Integrated threat intelligence leveraging PwC’s global platform that provides strategic and technical intel on incidents, threat actors and campaigns.

Continuous controls monitoring based on ingestion of telemetry from security posture management platforms using APIs to calibrate assessment scores.

Sophisticated benefits management that enables the measurement of the control improvement contributions of a portfolio of risk treatment activities.

Complimentary services that support continuous tuning of the risk model, assessment of risk factors, integration of data sources and curation of reports.

Our retainer services help you stay on top of your risks

Managing cyber risk in a volatile environment is challenging. We offer retainers featuring a prepaid pool of hours to aid rapid response to your needs.

Core Support

A. Re-calibrate the risk model

  • Benefit:
    • Avoid algorithmic inertia
  • Example:
    • Reflect higher confidence in controls data

B. Curate bespoke report

  • Benefit:
    • Address board and regulator topics
  • Example:
    • Deep-dive into ransomware exposure
Why choose us? - Our industry recognition

Cracking the Code: Real-time cyber-risk management for modern businesses

Clear and Current Cyber-Risk Posture Visibility and Management Fast Becoming a Corporate Must-Have.

Find out more

Contact us

Alex Petsopoulos

Alex Petsopoulos

Cyber Security Partner, PwC United Kingdom

Tel: +44 (0)7941 454210

Philippe Korur

Philippe Korur

Cyber Security Director, PwC United Kingdom

Tel: +44 (0)7526 179709

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