Cyber Security Risk Advisory within Cyber Security Services (CSS) focuses on the expert identification and mitigation of cyber threats that can lead to fraudulent activities. This service combines in-depth risk assessments, threat intelligence, and industry best practices to help organizations identify vulnerable areas in their digital architecture. By applying structured frameworks such as ISO 27001, NIST CSF, and CIS Controls, a clear picture of risk areas is created, and priorities for strengthening measures are established. At the same time, the integration of compliance requirements and company-specific objectives ensures a balanced approach where both security and business continuity are maintained.
Financial Mismanagement
When addressing risks related to financial mismanagement, Cyber Security Risk Advisory focuses on the intersection between IT controls and financial processes. It maps how access rights to accounting systems are set up, whether change management for financial applications is adequately structured, and whether backup and recovery procedures are robust enough to prevent manipulation. Risks such as unauthorized modification of budget allocations, incorrect reconciliations, or covert adjustments in subsidy or investment reports are detected through a combination of log analysis, configuration audits, and penetration tests. Based on these findings, advice is provided on optimizing segregation of duties, strengthening encryption protocols, and implementing real-time monitoring of financial transactions.
Fraud
In addressing fraud risks, the focus is on recognizing patterns and anomalies in user behavior and transaction flows. Cyber Security Risk Advisory conducts assessments on identity and access management (IAM) systems to verify whether multi-factor authentication is correctly implemented and whether privilege creep is prevented. In addition, SIEM architectures are assessed for their ability to detect anomalies, such as unexpected spikes in data extractions or suspicious login attempts from unknown locations. Threat hunting exercises and tabletop simulations help fine-tune detection rules and response capabilities. Based on these analyses, advice is provided on implementing adaptive authentication, behavioral analysis plugins, and automated fraud detection workflows.
Bribery
Identifying bribery risks requires insight into digital procurement and contract management processes. Advisory reports highlight how controls are built around approval workflows, digital signatures, and audit logging. Special attention is paid to verifying the integrity of document versions and tracking changes in pricing agreements or supplier profiles. Additionally, an examination is made to ensure that supplier due diligence is correctly integrated into IT processes, including automated screening against PEP and sanction lists. Based on these findings, recommendations are made for implementing Policy-as-Code, strengthening immutable audit trails, and applying cryptographic watermarking on contract documents.
Money Laundering
To mitigate money laundering risks, a holistic view is taken of the connection between financial applications and customer databases. Cyber Security Risk Advisory analyzes data flows to assess how KYC and CDD processes are digitally embedded, whether customer identities are consistently validated, and whether transaction monitoring can intervene in real-time at suspicious structuring and layering patterns. API security and endpoint protection are also evaluated to ensure that vulnerabilities cannot be exploited for setting up malicious payment flows. Recommendations are made for applying homomorphic encryption for privacy-preserving analytics, automating compliance alerts, and setting up integrated case management systems for AML investigations.
Corruption
In combating corruption, governance and collaboration tools are scrutinized. Advisory projects explore whether decision-making platforms are equipped with digital signatures, version control, and fine-grained role-based access controls. It is also assessed whether integrity controls—such as hash verification and secure logging—effectively prevent policy documents from being secretly modified. Red teaming and phishing simulations are used to determine if insiders or third parties can exploit vulnerabilities in internal communication systems. Based on the results, advice is given on strengthening secure collaboration platforms, applying zero-trust principles, and regularly validating governance workflows.
Violations of International Sanctions
To mitigate sanction risks, Cyber Security Risk Advisory focuses on fully covering data flows and interactions with external parties. This includes investigating the configuration of firewalls, API gateways, and email servers to ensure that outbound traffic is automatically screened against sanction lists and risky entities. Additionally, the integration of real-time watchlist synchronization and geo-IP filtering within the network and cloud architecture is examined. Risk analyses include audits of policy-as-code implementations and controls over software deployment pipelines to prevent sanctioned software or configurations from being unknowingly rolled out. Advice is given on setting up dynamic blocklists, automating escalation processes, and developing demonstrable compliance dashboards for regulators.
