The Axiona Risk Diagnostic Cycle is based on internationally recognized risk management and resilience frameworks, including COSO ERM, ISO 31000, NIST CSF, and ISO 22301, adapted for executive-level diagnostics.
7 stages — from understanding the context to the final executive deliverables package.
Executive interviews, analysis of business context, definition of diagnostic scope, risk appetite, and critical services. Establishing a baseline understanding of the organization, IT landscape, and vendors.
Define the target level of resilience and identify critical business processes. Establish the linkage “process → assets → dependencies → owners,” focusing only on elements that affect operational continuity.
Identify risks across three domains through interviews, practice reviews, and selective assessments. Document threats, vulnerabilities, and potential impacts on critical processes.
Identify immediate risk reduction measures before the full diagnostic is completed. The client receives a Quick Wins Log and Client Decision Record already at this stage.
Assess the likelihood and impact of each risk. Produce a management-level view of priorities: what is critical, what is acceptable, and what requires immediate attention.
Define mitigation measures for each critical risk, develop a 30-60-90 day roadmap, and provide control recommendations. Assess the need for Security Awareness Training.
Estimate financial consequences of key risks under realistic and worst-case scenarios. Use ranges instead of precise figures, with explicit assumptions. Led by the team’s financial analyst.
Provide options for further actions: what can be implemented internally, what should be outsourced, whether Security Awareness is needed, and how it may be structured.