Information Security Risk Management

  1. The Risk Assessment Process
    1. Risk Assessment Planning
      1. Assessment Objectives Definition
        1. Scope and Purpose
          1. Success Criteria
            1. Deliverables and Timeline
            2. Resource Planning
              1. Team Composition
                1. Skill Requirements
                  1. Tool and Technology Needs
                  2. Methodology Selection
                    1. Assessment Approach
                      1. Techniques and Tools
                        1. Quality Assurance
                      2. Asset Identification and Valuation
                        1. Asset Discovery and Inventory
                          1. Creating Comprehensive Asset Inventories
                            1. Automated Discovery Tools
                              1. Manual Inventory Processes
                                1. Asset Database Management
                                2. Asset Classification and Categorization
                                  1. Information Asset Types
                                    1. Supporting Asset Categories
                                      1. Asset Relationships and Dependencies
                                      2. Asset Tagging and Labeling
                                        1. Identification Standards
                                          1. Tracking Mechanisms
                                        2. Asset Valuation Methods
                                          1. Business Impact Analysis
                                            1. Revenue Impact Assessment
                                              1. Operational Impact Evaluation
                                                1. Strategic Value Assessment
                                                2. Financial Valuation Techniques
                                                  1. Replacement Cost Method
                                                    1. Market Value Assessment
                                                      1. Income-Based Valuation
                                                      2. Qualitative Valuation Approaches
                                                        1. Criticality Assessment
                                                          1. Sensitivity Classification
                                                        2. Data Classification and Handling
                                                          1. Data Classification Schemes
                                                            1. Public Information
                                                              1. Internal Use
                                                                1. Confidential Data
                                                                  1. Restricted Data
                                                                  2. Asset Sensitivity Levels
                                                                    1. High Sensitivity Assets
                                                                      1. Medium Sensitivity Assets
                                                                        1. Low Sensitivity Assets
                                                                        2. Handling Requirements
                                                                          1. Storage Requirements
                                                                            1. Transmission Controls
                                                                              1. Disposal Procedures
                                                                          2. Threat Identification and Analysis
                                                                            1. Threat Intelligence Gathering
                                                                              1. Open Source Intelligence (OSINT)
                                                                                1. Public Threat Feeds
                                                                                  1. Security Advisories
                                                                                    1. Vulnerability Databases
                                                                                    2. Commercial Threat Intelligence
                                                                                      1. Threat Intelligence Platforms
                                                                                        1. Industry-Specific Feeds
                                                                                          1. Attribution Analysis
                                                                                          2. Internal Threat Data
                                                                                            1. Historical Incident Analysis
                                                                                              1. Security Event Logs
                                                                                                1. Lessons Learned Documentation
                                                                                              2. Threat Modeling Techniques
                                                                                                1. STRIDE Threat Model
                                                                                                  1. Spoofing Identity
                                                                                                    1. Tampering with Data
                                                                                                      1. Repudiation
                                                                                                        1. Information Disclosure
                                                                                                          1. Denial of Service
                                                                                                            1. Elevation of Privilege
                                                                                                            2. Attack Tree Development
                                                                                                              1. Goal-Oriented Analysis
                                                                                                                1. Attack Path Identification
                                                                                                                  1. Probability Assignment
                                                                                                                  2. Kill Chain Analysis
                                                                                                                    1. Cyber Kill Chain Framework
                                                                                                                      1. MITRE ATT&CK Framework
                                                                                                                        1. Threat Actor Tactics and Techniques
                                                                                                                      2. Threat Actor Profiling
                                                                                                                        1. Capability Assessment
                                                                                                                          1. Technical Skills
                                                                                                                            1. Resource Availability
                                                                                                                              1. Tool Access
                                                                                                                              2. Motivation Analysis
                                                                                                                                1. Financial Motivation
                                                                                                                                  1. Political Motivation
                                                                                                                                    1. Personal Motivation
                                                                                                                                    2. Opportunity Evaluation
                                                                                                                                      1. Target Accessibility
                                                                                                                                        1. Detection Likelihood
                                                                                                                                          1. Success Probability
                                                                                                                                      2. Vulnerability Assessment
                                                                                                                                        1. Vulnerability Discovery Methods
                                                                                                                                          1. Automated Vulnerability Scanning
                                                                                                                                            1. Network Vulnerability Scanners
                                                                                                                                              1. Web Application Scanners
                                                                                                                                                1. Database Scanners
                                                                                                                                                  1. Configuration Scanners
                                                                                                                                                  2. Manual Assessment Techniques
                                                                                                                                                    1. Code Review
                                                                                                                                                      1. Architecture Review
                                                                                                                                                        1. Process Analysis
                                                                                                                                                        2. Penetration Testing
                                                                                                                                                          1. External Penetration Testing
                                                                                                                                                            1. Internal Penetration Testing
                                                                                                                                                              1. Web Application Testing
                                                                                                                                                                1. Wireless Network Testing
                                                                                                                                                                  1. Social Engineering Testing
                                                                                                                                                                2. Vulnerability Analysis and Prioritization
                                                                                                                                                                  1. Vulnerability Scoring
                                                                                                                                                                    1. CVSS Base Scores
                                                                                                                                                                      1. Environmental Scores
                                                                                                                                                                        1. Temporal Scores
                                                                                                                                                                        2. Exploitability Assessment
                                                                                                                                                                          1. Exploit Availability
                                                                                                                                                                            1. Attack Complexity
                                                                                                                                                                              1. Required Privileges
                                                                                                                                                                              2. Business Context Analysis
                                                                                                                                                                                1. Asset Criticality
                                                                                                                                                                                  1. Exposure Level
                                                                                                                                                                                    1. Compensating Controls
                                                                                                                                                                                  2. Security Audits and Reviews
                                                                                                                                                                                    1. Compliance Audits
                                                                                                                                                                                      1. Regulatory Compliance Assessment
                                                                                                                                                                                        1. Standard Compliance Verification
                                                                                                                                                                                        2. Technical Audits
                                                                                                                                                                                          1. Configuration Audits
                                                                                                                                                                                            1. Access Control Reviews
                                                                                                                                                                                              1. Change Management Audits
                                                                                                                                                                                              2. Process Audits
                                                                                                                                                                                                1. Policy Compliance Review
                                                                                                                                                                                                  1. Procedure Effectiveness Assessment
                                                                                                                                                                                              3. Control Assessment
                                                                                                                                                                                                1. Control Identification and Inventory
                                                                                                                                                                                                  1. Existing Control Discovery
                                                                                                                                                                                                    1. Control Documentation Review
                                                                                                                                                                                                      1. System Configuration Analysis
                                                                                                                                                                                                        1. Process Observation
                                                                                                                                                                                                        2. Control Categorization
                                                                                                                                                                                                          1. Administrative Controls
                                                                                                                                                                                                            1. Technical Controls
                                                                                                                                                                                                              1. Physical Controls
                                                                                                                                                                                                              2. Control Mapping
                                                                                                                                                                                                                1. Risk-to-Control Mapping
                                                                                                                                                                                                                  1. Compliance-to-Control Mapping
                                                                                                                                                                                                                2. Control Effectiveness Assessment
                                                                                                                                                                                                                  1. Control Testing Methods
                                                                                                                                                                                                                    1. Design Effectiveness Testing
                                                                                                                                                                                                                      1. Operating Effectiveness Testing
                                                                                                                                                                                                                        1. Automated Control Testing
                                                                                                                                                                                                                        2. Control Maturity Assessment
                                                                                                                                                                                                                          1. Maturity Level Evaluation
                                                                                                                                                                                                                            1. Capability Assessment
                                                                                                                                                                                                                              1. Performance Measurement
                                                                                                                                                                                                                              2. Gap Analysis
                                                                                                                                                                                                                                1. Control Coverage Analysis
                                                                                                                                                                                                                                  1. Control Strength Assessment
                                                                                                                                                                                                                                    1. Remediation Planning
                                                                                                                                                                                                                                2. Risk Analysis and Evaluation
                                                                                                                                                                                                                                  1. Likelihood Determination
                                                                                                                                                                                                                                    1. Threat Actor Analysis
                                                                                                                                                                                                                                      1. Capability Assessment
                                                                                                                                                                                                                                        1. Motivation Evaluation
                                                                                                                                                                                                                                          1. Opportunity Analysis
                                                                                                                                                                                                                                          2. Vulnerability Exploitability
                                                                                                                                                                                                                                            1. Technical Exploitability
                                                                                                                                                                                                                                              1. Practical Exploitability
                                                                                                                                                                                                                                                1. Weaponization Likelihood
                                                                                                                                                                                                                                                2. Control Effectiveness Consideration
                                                                                                                                                                                                                                                  1. Preventive Control Strength
                                                                                                                                                                                                                                                    1. Detective Control Coverage
                                                                                                                                                                                                                                                      1. Response Control Capability
                                                                                                                                                                                                                                                    2. Impact Assessment
                                                                                                                                                                                                                                                      1. Multi-Dimensional Impact Analysis
                                                                                                                                                                                                                                                        1. Confidentiality Impact
                                                                                                                                                                                                                                                          1. Integrity Impact
                                                                                                                                                                                                                                                            1. Availability Impact
                                                                                                                                                                                                                                                            2. Business Impact Categories
                                                                                                                                                                                                                                                              1. Financial Impact Assessment
                                                                                                                                                                                                                                                                1. Direct Financial Loss
                                                                                                                                                                                                                                                                  1. Indirect Financial Loss
                                                                                                                                                                                                                                                                    1. Recovery Costs
                                                                                                                                                                                                                                                                    2. Operational Impact Assessment
                                                                                                                                                                                                                                                                      1. Service Disruption
                                                                                                                                                                                                                                                                        1. Productivity Loss
                                                                                                                                                                                                                                                                          1. Process Interruption
                                                                                                                                                                                                                                                                          2. Reputational Impact Assessment
                                                                                                                                                                                                                                                                            1. Brand Damage
                                                                                                                                                                                                                                                                              1. Customer Trust Loss
                                                                                                                                                                                                                                                                                1. Market Confidence
                                                                                                                                                                                                                                                                                2. Compliance Impact Assessment
                                                                                                                                                                                                                                                                                  1. Regulatory Fines
                                                                                                                                                                                                                                                                                    1. Audit Findings
                                                                                                                                                                                                                                                                                3. Risk Calculation and Scoring
                                                                                                                                                                                                                                                                                  1. Risk Matrix Application
                                                                                                                                                                                                                                                                                    1. Likelihood-Impact Mapping
                                                                                                                                                                                                                                                                                      1. Risk Level Determination
                                                                                                                                                                                                                                                                                        1. Matrix Interpretation
                                                                                                                                                                                                                                                                                        2. Risk Scoring Models
                                                                                                                                                                                                                                                                                          1. Additive Scoring
                                                                                                                                                                                                                                                                                            1. Multiplicative Scoring
                                                                                                                                                                                                                                                                                              1. Weighted Scoring
                                                                                                                                                                                                                                                                                              2. Risk Aggregation
                                                                                                                                                                                                                                                                                                1. Individual Risk Scores
                                                                                                                                                                                                                                                                                                  1. Portfolio Risk Assessment
                                                                                                                                                                                                                                                                                                    1. Cumulative Risk Analysis
                                                                                                                                                                                                                                                                                                  2. Risk Prioritization and Ranking
                                                                                                                                                                                                                                                                                                    1. Risk Ranking Methods
                                                                                                                                                                                                                                                                                                      1. Score-Based Ranking
                                                                                                                                                                                                                                                                                                        1. Multi-Criteria Ranking
                                                                                                                                                                                                                                                                                                          1. Business Priority Alignment
                                                                                                                                                                                                                                                                                                          2. Risk Heat Maps
                                                                                                                                                                                                                                                                                                            1. Visual Risk Representation
                                                                                                                                                                                                                                                                                                              1. Risk Distribution Analysis
                                                                                                                                                                                                                                                                                                                1. Trend Identification
                                                                                                                                                                                                                                                                                                                2. Critical Risk Identification
                                                                                                                                                                                                                                                                                                                  1. High-Impact Risks
                                                                                                                                                                                                                                                                                                                    1. High-Likelihood Risks
                                                                                                                                                                                                                                                                                                                      1. Regulatory Risks

                                                                                                                                                                                                                                                                                                                Previous

                                                                                                                                                                                                                                                                                                                3. Risk Assessment Methodologies

                                                                                                                                                                                                                                                                                                                Go to top

                                                                                                                                                                                                                                                                                                                Next

                                                                                                                                                                                                                                                                                                                5. Risk Treatment and Response