Add experienced executive risk leadership without requiring a full time executive hire.

Freund Advisory Group provides fractional and virtual leadership for organizations that need experienced risk or security leadership during growth, transformation, transition, or a temporary leadership gap.

Roles can include Fractional or Virtual Chief Risk Officer, Chief Information Security Officer, Chief Cyber Risk Officer, or senior Technology Risk Executive, with the scope tailored to the organization’s needs.

Engagements can include establishing or transforming risk and security programs, advising executive leadership and boards, developing risk strategy and governance, overseeing regulatory and customer requirements, building risk methodologies, supporting major technology decisions, evaluating cyber insurance, managing third party and emerging risks, and developing internal leadership teams.

This can also provide interim leadership while an organization conducts an executive search, support a growing company that does not yet require a full time executive, or supplement an existing CISO or CRO where specialized cyber risk leadership is needed.

Typical needs we support: Interim executive leadership, fractional CRO or CISO services, startup and growth stage risk leadership, board and investor support, program transformation, executive transitions, and specialized cyber risk leadership.

Help senior leaders understand cyber risk well enough to make and oversee consequential decisions.

Services include board cyber risk reporting, executive decision support, risk appetite, M&A cyber risk assessment and integration, independent methodology review, facilitated executive workshops, and ongoing strategic advisory.

The emphasis is on material exposure, uncertainty, alternatives, management decisions, and the information leaders need to exercise effective oversight.

Connect cyber risk analysis to financial exposure and risk financing decisions.

Services include cyber insurance exposure analysis, coverage and limit alignment, retention analysis, mitigation versus transfer analysis, enterprise insurance gap assessment, and cyber materiality decision frameworks.

This work connects risk scenarios and quantified exposure with the financial mechanisms organizations use to retain, mitigate, transfer, and report risk. 

Develop practical approaches for risks where the technology is changing faster than conventional governance processes.

Services include AI risk assessment methodology, AI governance integration, inherent risk screening, control and evidence requirements, emerging risk identification, horizon scanning, scenario development, indicators, escalation, and executive reporting.

Our approach is designed to integrate emerging risks into existing enterprise and technology risk structures where possible rather than creating disconnected governance processes. This includes both enterprise AI risk programs and broader emerging risk frameworks. 

Understand risk across hundreds or thousands of organizations rather than treating every vendor as an isolated assessment.

Services include TPRM redesign, risk based segmentation, signal driven and continuous monitoring, third party cyber risk quantification, concentration analysis, portfolio prioritization, and private equity cyber portfolio risk.

The goal is to direct assessment and risk management effort toward the third parties and dependencies that matter most. The consulting catalog includes dedicated offerings for TPRM redesign, continuous signals, vendor quantification, and private equity portfolio programs. 

Build risk programs that produce useful information and support decisions.

Services include cyber risk program design, assessment methodology, risk taxonomy, inherent and residual risk models, aggregation, GRC modernization, continuous risk assessment, telemetry integration, second line technology risk design, and risk operating models.

We focus on the methodology, information, workflow, governance, and decisions behind the technology. This is particularly valuable when organizations are moving risk processes from spreadsheets into GRC platforms or trying to automate assessments without simply automating existing problems.

Translate cyber risk into financial and probabilistic terms that support real decisions.

Services include FAIR and non-FAIR based cyber risk assessments, lightweight quantification, scenario analysis, custom quantitative and semi quantitative models, model validation, scoring methodology, sensitivity analysis, risk aggregation, and risk appetite and tolerance.

Engagements can range from quantifying a single material scenario to designing or validating an enterprise risk methodology. The underlying consulting catalog includes full FAIR assessments, lighter quantification approaches, model validation, and custom model development. 

Bring practical cyber risk experience, research, and decision science to boards, executives, conferences, and practitioner audiences.

Services include conference keynotes, executive presentations, board education, practitioner workshops, masterclasses, facilitated risk sessions, and customized executive education programs.

Sessions can address cyber risk quantification, FAIR, risk measurement, AI and emerging risk, third party risk, risk appetite, cyber insurance, board governance, and the evolution of cybersecurity risk management. Programs can range from a conference presentation to an intensive workshop or a series designed to build risk capability across an organization. This aligns directly with the speaking, board education, practitioner workshop, and custom executive education offerings in the consulting catalog. 

Typical needs we support: Conference keynotes, board education, executive offsites, leadership development, risk team training, facilitated workshops, and customized professional education.