Security Risk Management Advisory Services

Organizations today face increasing pressure to manage cybersecurity risk while meeting regulatory requirements, supporting business growth, and maintaining operational resilience. LBMC’s security risk management advisory services help organizations identify risks, strengthen security programs, and make informed decisions with confidence.

Our team provides strategic guidance, practical assessments, and ongoing support to help you protect your assets, people, and reputation. With experience across regulated industries and complex environments, we help uncover weaknesses and build stronger, more resilient security programs.

Questions About Cybersecurity Services?

If you’re evaluating risks, preparing for an assessment, or responding to new security requirements, our team can help you understand your options and determine next steps.

What Are Security Risk Management Advisory Services?

Security risk management advisory services help organizations identify, assess, and reduce cybersecurity risks through strategic guidance, governance alignment, and ongoing program support.

Unlike traditional consulting, advisory services focus on long-term risk management, executive decision-making, and improving overall security maturity—not just one-time projects.

At LBMC, this includes:

  • Risk assessments and security evaluations
  • Program and maturity assessments
  • Vendor and third-party risk oversight
  • Strategic planning and governance support

Who Needs Security Risk Advisory Services?

Organizations typically engage security risk advisory services when they need clarity, structure, or support in managing cybersecurity risk.

Common scenarios include:

  • Preparing for regulatory or compliance requirements
  • Managing third-party or vendor risk exposure
  • Strengthening an immature or evolving security program
  • Supporting rapid growth, cloud adoption, or transformation
  • Responding to board, investor, or audit pressure
  • Building or scaling internal security capabilities

Industries such as healthcare, financial services, manufacturing, and technology often require structured advisory support to manage risk effectively.

Cybersecurity Insights — Delivered to Your Inbox

Stay informed on emerging threats, evolving compliance requirements, and practical strategies to strengthen your organization’s security posture.

What you’ll receive:

  • Cybersecurity trends, threats, and risk insights
  • Compliance updates across frameworks like HITRUST, CMMC, SOC, and NIST
  • Practical guidance from LBMC cybersecurity advisors
  • Invitations to webinars, events, and new resources

LBMC Security Risk Management Advisory Services

LBMC helps organizations identify, manage, and reduce cybersecurity risk through practical, business-aligned advisory services. We work with leadership teams, security professionals, and operational stakeholders to strengthen security programs, improve governance, and address evolving risk across the organization.

Our work focuses on:

  • Identifying risks across systems, processes, and third-party relationships
  • Strengthening security governance and decision-making
  • Supporting compliance and regulatory alignment
  • Improving security program maturity and scalability
  • Providing ongoing advisory support to internal teams
10 Essential Layers of Network Security

Additional Advisory Capabilities

  • Security maturity and capability assessments
  • Cybersecurity strategy and governance advisory
  • Third-party and vendor risk program development
  • Embedded security advisory support
  • Threat and vulnerability evaluation support
  • Security program benchmarking against industry standards
LBMC’s Cybersecurity team conducted a thorough evaluation of our internal IT systems, identified security weaknesses, and helped us strengthen our defenses. Their expertise and professionalism have made us confident in our security measures.
Chief Financial Officer at Nashville bank

Solutions Built Around Your Goals

Whether you’re managing complexity, preparing for growth, or exploring new opportunities, LBMC delivers practical guidance and strategic support to help you move forward with confidence.

Vendor Risk Management Advisory Services

Vendors play a critical role in modern business operations, but they also introduce risk.

LBMC takes a practical, business-aligned approach to vendor risk management (VRM) that helps organizations build scalable and effective programs.

Our approach includes:

  • Reviewing and enhancing your existing vendor risk management program
  • Developing vendor questionnaires and risk assessment methodologies
  • Conducting risk assessments across your vendor population
  • Providing clear recommendations to improve oversight and reduce exposure

This structured approach helps organizations maintain visibility and control across third-party relationships.

What You Get from an Advisory Engagement

LBMC focuses on delivering clear, actionable outcomes—not just recommendations.

Typical deliverables include:

  • Risk assessment findings and gap analysis
  • Security maturity scoring and benchmarking
  • Prioritized remediation roadmap
  • Vendor risk evaluation insights
  • Governance and strategy recommendations
  • Executive-level reporting for leadership and stakeholders

Find the Right Solutions for Your Organization

If you’re unsure where you stand, LBMC can help you evaluate your current state and identify next steps. We’ll begin with a practical discussion focused on your environment, risks, and goals.

Why Organizations Choose Security Risk Advisory Services

Organizations turn to advisory services when they need more than a one-time assessment.

Common drivers include:

  • Lack of internal security expertise or bandwidth
  • Increasing regulatory and compliance demands
  • Growing reliance on third-party vendors
  • Need for executive-level risk visibility
  • Desire to build a scalable, long-term security program

Why Choose LBMC as Your Cybersecurity Advisor?

LBMC combines real-world experience with practical, business-focused guidance to help organizations move forward with confidence.

What sets LBMC apart:

  • Decades of experience across cybersecurity and risk management
  • Deep understanding of regulated industries and compliance requirements
  • Practical, actionable recommendations—not theoretical guidance
  • Integrated services across advisory, technical, and compliance domains
  • Trusted relationships built on long-term client success

Industries We Support​

Our cybersecurity advisory team works with organizations across industries to address security risks, compliance requirements, and operational challenges. We help clients strengthen controls, reduce exposure, and align security efforts with business priorities. Whether you’re responding to new regulations, supporting growth, or improving security maturity, our team provides clear guidance grounded in real-world experience.

All Industries We Support 

Local Expertise, Wherever You Are

With offices in Chattanooga, Memphis, Louisville, Nashville, Knoxville, Philadelphia, and Charlotte, plus remote offices, LBMC partners with businesses across the region and beyond.

FAQs About Security Risk Advisory Services

What are security risk advisory services?

They help organizations identify, assess, and manage cybersecurity risks through strategic guidance, assessments, and ongoing support.

Advisory focuses on long-term strategy and governance, while consulting is often project-based and execution-focused.

Typical services include risk assessments, maturity evaluations, vendor risk management, and security strategy development.

Organizations with evolving security needs, regulatory requirements, or limited internal resources benefit most.

Third-party vendors can introduce significant security and compliance risks, making oversight a critical part of a strong security program.

Van Steel

Shareholder, Cybersecurity

Let’s Talk About Your Security and Risk Priorities

Whether you’re evaluating your current security program, managing vendor risk, or strengthening your overall risk posture, LBMC can help you identify where you stand and what to do next. We’ll start with a focused conversation around your environment, priorities, and the steps needed to move forward with confidence.

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