Cyber Security

Cyber Security

As the business develops, the exchange of information with suppliers, contractors, partners and customers is increasing. These relationships create new cyber threats. The need and ways of security must be weighed, well-arranged in accordance with an entity’s need for effective performance. A well-developed proactive, integrated cyber security program will minimize the negative impact on both short-term and long-term business goals.

“Protecting a business begins with understanding the business”

Is it possible for an entity to cope with cyber threats on its own?

Theoretically, everything is possible, but very troublesome, and therefore expensive! Let's explain why it is not that simple:
  • MALWARE PROTECTION. Traditional antiviruses help badly with targeted attacks.
  • COMPLICATION OF INFRASTRUCTURES. The tendency to complicate local systems and the Network itself.
  • INFO NOISE. It is impossible to keep track of everything — the number of notifications from different sources is staggering.
  • SHORTAGE OF SPECIALISTS. Already in 2022, it is estimated at 3 million professionals.

Why is cyber security outsourcing the best option for your business?

We offer outsourcing of cyber services that will provide a comprehensive solution and answers to your business challenges.

Cost reduction

One of the main benefits of outsourcing cybersecurity is your workload reduction.                                                                                  

Time savings

When outsourcing, you engage experts who will implement the project on time and in accordance with your goals.

Full examination

When you choose to outsource cybersecurity projects from any vendor, you get the full expertise and extensive experience of the team.

Flexible resource

You don't have to worry about employees training and hiring.

Professional services

You have access to the best resources and professionals, including their experience in working with similar projects.

Accuracy

If resources available in your country are limited, you can choose international talent and thus solve the human resource problem.

Technology development

You get innovations and advice on new technologies. As we know, technology is evolving every day.                                                           

Risk control

Outsourcing helps to mitigate risks by establishing a clear service level agreement.


Cybersecurity experts of BDO in Ukraine highlight the following key benefits of cybersecurity management in your company:

  1. Protecting networks and data from unauthorized access.
  2. Improved information security and business continuity management.
  3. Increased stakeholder confidence in your information security measures.
  4. Faster recovery time after a cyberattack.

 

Information security services of BDO in Ukraine are formed involving professionals from various fields. This includes experienced cybersecurity and IT professionals, operations and data privacy experts, business advisors and auditors. We work to provide comprehensive, specialized cybersecurity services for each client, focusing on your specific operating model, technical requirements, regulatory environment and industry dynamics. We understand your needs based on your industry. Our clients are companies from the financial services, healthcare, retail, natural resources, and other industries.


 Why choose us?

An international network with proven practical experience

  • Comprehensive experience in providing cybersecurity projects for companies in various industries and jurisdictions
  • We use advanced technological tools (AI and ML) in our work. Especially for risk assessment services
  • Providing services in accordance with international standards with the participation of certified specialists
  • Competitive price for professionalism and international quality


Cybersecurity solutions from the team of BDO in Ukraine include:

Our Information Security Analysis services are provided by certified specialists (CISA) who use international standards in IT audit and effective tools in their work and will be happy to help you determine the system's compliance with industry standards for cybersecurity, analyze the current state of the infrastructure and potential risks, inventory and classify existing information assets, and conduct penetration test.

Cybersecurity specialists of BDO in Ukraine will help your company or business by providing a final Cybersecurity Risk Assessment for each digital asset using proven industry methodologies and international standards, such as scoring cyber vulnerabilities of corporate networks, assessing the readiness of the company's IT infrastructure, penetration test of mobile and other web applications, etc.

Today, creating a comprehensive protection program is a necessity to reduce cyber risks, create reliable cyber protection and minimize the negative impact on short-term and long-term business goals. The international team of BDO Digital offers comprehensive cybersecurity services

By using professional services, our clients can focus their attention and resources on key aspects and processes of their business, leaving cybersecurity issues to specialists. Advanced services also enable to achieve the required level of protection using own resources only. Therefore, our goal is to ensure a quick response and resilience to any events in cyberspace.

Professionals of BDO in Ukraine will help your business: transfer server capacity and employee data to a secure cloud, set up effective remote work, and strengthen the company's cybersecurity.


Our partners:

ImmuniWeb, a manufacturer of application security solutions.

The ImmuniWeb® platform is based on artificial intelligence technology for managing attack vectors, conducting Dark Web monitoring, and testing penetration programs with DevSecOps support.

Microsoft Corporation — is one of the largest multinational companies producing proprietary software for various computing devices, including personal computers, game consoles, PDAs, mobile phones, etc. The developer of the most widely used software platform in the world today — the family of operating systems Windows.

ISACA is an international association of IT management professionals. The association's activities focus on IT audit, security, and corporate governance. The association provides globally recognized certifications such as CISA, CISM, CGEIT, CRISC, CDPSE.

BDO Consulting and ISACA KYIV signed a Memorandum of Understanding.

Best-run Consulting offers solutions for various industries with the help of SAP Business One, a comprehensive process management system for small and medium-sized businesses.

Since BDO Ukraine transferred its SAP Business One expertise to Best-run Consulting, our consultants have continued to help partners with the methodology for further localization development.


Fighting cybercrime, we have a global presence and will be happy to help your organization mitigate the cyber risks you face.

Key Contact

Andrii Borenkov

Andrii Borenkov, CFA

Partner, Head of Advisory
View bio

FAQ (Frequently Asked Questions)

  • What does cybersecurity outsourcing mean?

Cybersecurity outsourcing refers to engaging third-party providers to manage and monitor security operations.

  • What is a botnet? 

A botnet is a network of infected computers remotely controlled by cybercriminals, often used to execute large-scale attacks. 

  • What is an IT audit at BDO, and how is it conducted?

An IT audit from BDO in Ukraine involves a comprehensive analysis of the current IT infrastructure, assessment of general controls (GxP, administrative, operational), identification of vulnerabilities, verification of compliance with standards (ISO 27001, NIST, National Bank requirements, etc.), and software vulnerability scanning.

  • What is a cybersecurity breach?

A breach is an incident involving unauthorised access to data, networks or systems.

  • How does BDO in Ukraine help businesses prepare for NIS2 requirements?

BDO in Ukraine offers consulting and cybersecurity implementation solutions, conducts audits, risk and technical modernisation assessments to ensure compliance with NIS2 standards, preventing sanctions and ensuring compliance with European regulations.

  • What are the benefits of cyber security for businesses with BDO in Ukraine?

•    Reduced risk of financial loss and reputational damage

•    Support for compliance with international and local standards

•    Expert integration of comprehensive solutions (network protection, cryptographic security, cloud solutions)

•    Access to external specialists without the need to build an in-house cybersecurity team

  • How does BDO deliver cybersecurity outsourcing?

BDO in Ukraine is responsible for managing security systems, providing real-time incident monitoring and response and supporting the client’s infrastructure as an external service.

CYBER SECURITY GLOSSARY 

This glossary contains a list of terms and their definitions commonly used in the field of Cyber Security. 

In the cyber security sector, terminology is essential for understanding processes such as risk management, data protection, network defence and incident response. Precise definitions enable effective communication among IT professionals, businesses, regulators and end users. For advisory and outsourcing companies, fluency in cyber security language is a key factor in supporting compliance, incident response planning, cloud migrations, and end-to-end security solutions for clients across industries.

Automated risk modelling — the use of AI and algorithms to predict and simulate cyber risk scenarios.

Botnet — a network of compromised computers controlled remotely by cybercriminals, often used to conduct large-scale attacks. 

Breach — an incident involving unauthorised access to data, networks or systems.  

Cloud migration — the process of transferring data and applications from on-premises to cloud environments.

Compliance audit — an audit that verifies adherence to security frameworks, such as ISO/IEC 27001.

Continuous learning — regular update of training modules to ensure timely adaptation to emerging cyber threats.

Cyber security outsourcing — the engagement of third parties to manage and monitor security systems.

Cyber risk analyser tool — a solution that assesses and visualises cyber risks.

Cyber security risk assessment — the process of identifying, analysing and prioritising cyber threats and vulnerabilities.

Cyber security systems — technical solutions, such as firewalls, IDS/IPS and endpoint protection.

Cyber security training — programmes designed to educate employees on preventing and responding to cyber threats.

Dashboard reporting — a visual representation of cyber risks for management. 

Endpoint protection — security solutions that safeguard devices such as laptops, servers and mobile phones. 

Hybrid cloud — a model that integrates on-premises infrastructure with cloud services. 

Independent assessment — an external review of SWIFT CSP controls at banking institutions. 

Information security audit — a systematic review of information systems to ensure compliance with security standards. 

Intrusion detection system (IDS) — a system that monitors network traffic to identify suspicious activity. 

Intrusion prevention system (IPS) — a system that actively blocks or prevents detected threats. 

Managed security service provider (MSSP) — a company providing outsourced cyber defence services. 

Outsourced penetration testing — the engagement of external experts to perform security testing. 

Penetration testing — a simulated cyberattack performed to test system resilience and the effectiveness of security measures. 

Residual risk — The remaining risk after the implementation of security controls.. 

Risk assessment — the process of identifying, analysing and evaluating cyber risks that may affect business operations. 

Risk register — a documented log of identified cyber risks, their severity and corresponding mitigation measures. 

Risk scoring — the assignment of numerical values to risks to guide prioritisation. 

Security Information and Event Management (SIEM) — software that aggregates and analyses security data.

SWIFT compliance assessment — a review to determine whether a bank or financial institution meets SWIFT CSP mandatory controls. 

SWIFT Customer Security Programme (CSP) — a framework designed to secure global financial messaging services. 

SWIFT CSP security assessment — a review ensuring compliance with SWIFT Customer Security Programme.

SWIFT mandatory controls — core security requirements established by SWIFT, including secure access and system monitoring. 

Threat modelling — a structured method for predicting potential attack scenarios. OR A structured approach to identifying potential threats, vulnerabilities and attack scenarios. 

Vulnerability assessment — the process of identifying weaknesses in systems, networks or applications.