Information Security Risk Management

  1. Establishing the Risk Management Context
    1. Organizational Context Analysis
      1. Business Environment Assessment
        1. Industry Analysis
          1. Competitive Landscape
            1. Market Conditions
              1. Economic Factors
              2. Organizational Structure and Culture
                1. Governance Structure
                  1. Decision-Making Processes
                    1. Risk Culture Assessment
                      1. Change Management Capability
                      2. Strategic Objectives and Priorities
                        1. Business Strategy Alignment
                          1. Performance Objectives
                            1. Growth Plans and Initiatives
                          2. Scope Definition and Boundaries
                            1. Organizational Scope
                              1. Enterprise-Wide Scope
                                1. Departmental Scope
                                  1. Geographic Boundaries
                                  2. System and Network Boundaries
                                    1. Defining System Boundaries
                                      1. Identifying Interconnected Systems
                                        1. Cloud and Hybrid Environments
                                          1. Third-Party Connections
                                          2. Business Process Scope
                                            1. Critical Business Functions
                                              1. Process Mapping and Documentation
                                                1. Value Chain Analysis
                                                  1. Service Delivery Processes
                                                  2. Temporal Boundaries
                                                    1. Assessment Time Horizon
                                                      1. Planning Periods
                                                        1. Review Cycles
                                                      2. Constraint Identification and Analysis
                                                        1. Technical Constraints
                                                          1. Legacy Systems and Technical Debt
                                                            1. Technology Limitations
                                                              1. Integration Challenges
                                                                1. Scalability Constraints
                                                                2. Business Constraints
                                                                  1. Organizational Culture
                                                                    1. Competing Priorities
                                                                      1. Resource Availability
                                                                        1. Operational Requirements
                                                                        2. Financial Constraints
                                                                          1. Budget Limitations
                                                                            1. Cost-Benefit Considerations
                                                                              1. Return on Investment Requirements
                                                                                1. Capital vs Operational Expenditure
                                                                                2. Time Constraints
                                                                                  1. Implementation Deadlines
                                                                                    1. Compliance Timelines
                                                                                      1. Business Cycles
                                                                                    2. Risk Assessment Criteria Development
                                                                                      1. Impact Measurement Scales
                                                                                        1. Qualitative Impact Scales
                                                                                          1. Descriptive Categories
                                                                                            1. Severity Levels
                                                                                            2. Quantitative Impact Scales
                                                                                              1. Financial Metrics
                                                                                                1. Operational Metrics
                                                                                                  1. Performance Indicators
                                                                                                  2. Multi-Dimensional Impact Assessment
                                                                                                    1. Financial Impact
                                                                                                      1. Operational Impact
                                                                                                        1. Reputational Impact
                                                                                                          1. Strategic Impact
                                                                                                        2. Likelihood Assessment Scales
                                                                                                          1. Frequency-Based Scales
                                                                                                            1. Historical Occurrence Rates
                                                                                                              1. Time-Based Probabilities
                                                                                                              2. Probability-Based Scales
                                                                                                                1. Percentage Probabilities
                                                                                                                  1. Ordinal Probability Scales
                                                                                                                  2. Subjective Likelihood Scales
                                                                                                                    1. Expert Judgment Categories
                                                                                                                      1. Comparative Assessments
                                                                                                                    2. Risk Matrix Development
                                                                                                                      1. Matrix Construction Principles
                                                                                                                        1. Risk Rating Categories
                                                                                                                          1. Low Risk Thresholds
                                                                                                                            1. Medium Risk Thresholds
                                                                                                                              1. High Risk Thresholds
                                                                                                                                1. Critical Risk Thresholds
                                                                                                                                2. Color Coding and Visualization
                                                                                                                                  1. Matrix Calibration and Validation
                                                                                                                                  2. Risk Aggregation Methods
                                                                                                                                    1. Portfolio Risk Calculation
                                                                                                                                      1. Risk Correlation Analysis
                                                                                                                                        1. Scenario-Based Aggregation
                                                                                                                                      2. Stakeholder Identification and Engagement
                                                                                                                                        1. Executive Leadership
                                                                                                                                          1. Board of Directors
                                                                                                                                            1. Risk Oversight Responsibilities
                                                                                                                                              1. Reporting Requirements
                                                                                                                                              2. C-Suite Executives
                                                                                                                                                1. CEO Risk Accountability
                                                                                                                                                  1. CRO Responsibilities
                                                                                                                                                    1. CISO Role and Authority
                                                                                                                                                  2. Business Stakeholders
                                                                                                                                                    1. Business Unit Owners
                                                                                                                                                      1. Department Heads
                                                                                                                                                        1. Process Owners
                                                                                                                                                        2. Risk Owners
                                                                                                                                                          1. Risk Accountability
                                                                                                                                                            1. Risk Treatment Decisions
                                                                                                                                                            2. Control Owners
                                                                                                                                                              1. Control Implementation
                                                                                                                                                                1. Control Monitoring
                                                                                                                                                              2. Technical Stakeholders
                                                                                                                                                                1. IT and Security Staff
                                                                                                                                                                  1. System Administrators
                                                                                                                                                                    1. Security Analysts
                                                                                                                                                                      1. Network Engineers
                                                                                                                                                                      2. Development Teams
                                                                                                                                                                        1. Application Developers
                                                                                                                                                                          1. DevOps Engineers
                                                                                                                                                                        2. Support Functions
                                                                                                                                                                          1. Internal Audit
                                                                                                                                                                            1. Risk Assessment Support
                                                                                                                                                                              1. Control Testing
                                                                                                                                                                              2. Human Resources
                                                                                                                                                                                1. Personnel Security
                                                                                                                                                                                  1. Training and Awareness
                                                                                                                                                                                2. External Stakeholders
                                                                                                                                                                                  1. End Users
                                                                                                                                                                                    1. Employees
                                                                                                                                                                                      1. Contractors
                                                                                                                                                                                        1. Third-Party Users
                                                                                                                                                                                        2. Customers and Partners
                                                                                                                                                                                          1. Customer Data Protection
                                                                                                                                                                                            1. Partner Risk Management
                                                                                                                                                                                            2. Regulators and Auditors
                                                                                                                                                                                              1. Regulatory Compliance
                                                                                                                                                                                                1. External Audit Support
                                                                                                                                                                                              2. Stakeholder Analysis and Mapping
                                                                                                                                                                                                1. Influence and Interest Assessment
                                                                                                                                                                                                  1. Communication Requirements
                                                                                                                                                                                                    1. Engagement Strategies

                                                                                                                                                                                                Previous

                                                                                                                                                                                                1. Foundations of Information Security Risk Management

                                                                                                                                                                                                Go to top

                                                                                                                                                                                                Next

                                                                                                                                                                                                3. Risk Assessment Methodologies