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Risk Management and Assessment

Risk Management and Assessment

Risk Management and Assessment
What is Risk?
Risk is the possibility of harm or loss characterized by an event or scenario, consequence or impact to the organization and the possibility of the event taking place.
Step-by-step Security Risk Assessment
1. Identify Critical Assets
2. Identify Security requirements for  each Critical Asset
3. Identify Threats to each Critical Asset
4. Identify Current Organizational and Operational Vulnerabilities
5. Conduct Vulnerability Assessment 
6. Identify Current Security Practices
7. Identify Areas of Concern
Risk Management Plan
1. Prioritize your risks
2. For each risk, identify an action or countermeasures to mitigate the risk
3. Decide to accept or mitigate the risk
4. Develop protection strategy and risk mitigation plan
5. Risk Monitoring
6. Develop Metrics to assess progress
7. Implementation of security plan

Related Solutions

Why Security Strategy

In today’s world of increased cyber threats, the topic of IT Security is of paramount importance. We believe that in order to position yourself and your organization forsuccess, you must b

Security Strategy Components

The nature of security is evolving. Security is a crucial partner in helping manage large as well as small organizations. As the scope and complexity of technology’s contribution increases, so

IT Security Ecosystem

The questions frequently asked in regards to IT Security Ecosystem are: 1. What problems are vendors and customers trying to solve?2. What is missing from current solutions?

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