FinSec Services

Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. The role of internal audit is to provide independent assurance that an organisation's risk management, governance and internal control processes are operating effectively. CyRAACS provides internal audit services to clients, supported by a team of trained professionals who ensure through their professional duty that an unbiased and objective view is provided for the systems, applications or processes in scope.

At CyRAACS, we perform an extensive Internal Assessment to identify the inherent and residual information security risks across the organization. We conduct these assessments against the regulatory requirements like NESA, SAMA, ADHICS, DFSA ISR, etc.

Based on the assessment conducted, we recommend Risk Mitigation measures to ensure the appropriate security controls are in place in line with the organization risk appetite. At CyRAACS, we support our customers in ensuring compliance with regulatory requirements like NESA, SAMA, ADHICS, DFSA, ISR etc.

Vulnerability Assessment and Penetration Testing (VAPT) also known as Offensive Security Testing are two types of vulnerability testing. The tests have different strengths and are often combined to achieve a more complete vulnerability analysis.

Vulnerability assessment tools discover which vulnerabilities are present, but they do not differentiate between flaws that can be exploited to cause damage and those that cannot. Penetration tests attempt to exploit the vulnerabilities in a system to determine whether unauthorized access or other malicious activity is possible which can be a threat for an application. Penetration tests find exploitable flaws and measure the severity of each.

Dynamic Application Security Testing (DAST) is a black-box security testing methodology in which the tester examines an application from outside when it is running and tries to hack it just like an attacker would. Static Application Security Testing (SAST) is a white box testing methodology in which tester examines the application from the inside, searching its source code for conditions that indicate that a security vulnerability might be present.

To assess the security efficacy of the IT environment, a secure configuration review examines and verifies in detail the configuration settings of systems, network devices, and applications that make up the IT infrastructure.

Typically, the required secure configuration settings may not be applied or may be overlooked while implementing, maintaining, or upgrading computer systems, networks, or network security devices. Therefore, it's essential to regularly assess the IT environment's secure setup in order to maintain organization-wide security.

Secure code review is either a manual or automated process that inspects an application’s source code. This investigation's objective is to find any security holes or vulnerabilities that may already exist. Among other things, code review particularly searches for logical problems, evaluates how the specification was implemented and verifies style conventions.

Although secure code review may take place at any stage of the software development life cycle (SDLC), it has the most impact when it is done sooner since that is when code updates can be made most quickly and easily. Automated code review, in particular, enables quick modifications, when necessary, when developers are actively producing code.