IMPLEMENTED SOLUTIONS
Maturity assessment
LOCATION
Africa
SECTOR
Finance
A financial institution in Africa embraces the SIM3 framework
A financial institution based in Africa embarked on a transformative journey through the SIM3 framework with the aim of fortifying its cyber defenses and assessing its maturity level in cybersecurity. The implementation of the SIM3 framework involved comprehensive steps to systematically identify, measure, and improve the institution's cybersecurity posture.
What we achieved
The challenge
This case involves a large financial institution based in Angola, Africa, with over 1000 employees, facing the challenge of conducting a maturity assessment. This assessment evaluates the institution's readiness and resilience against cybersecurity threats and regulatory requirements. It aims to pinpoint strengths, weaknesses, and areas for improvement to enhance overall cybersecurity defenses, operational efficiency, and compliance.
The solution
Implementing the SIM3 framework involves systematically assessing cybersecurity maturity and developing a roadmap of initiatives, efforts, and competencies to achieve the organization's desired level of maturity. This structured approach includes evaluating strengths and weaknesses, setting clear objectives, and outlining specific actions and timelines for implementation across strategy, infrastructure, management, and response capabilities.
The benefits
Subsequent to the implementation of the Security Incident Management Maturity Model (SIM3), the results were highly satisfactory. The outcomes and benefits encompassed, but were not limited to, enhanced visibility into the organization's SOC maturity state, covering processes, people, and technology. Furthermore, the analysis performed led to the identification of findings and opportunities for improvement, with the subsequent implementation of part of the recommendations made (up-selling).
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