Information security risk management (ISRM) is the process of managing risks associated with the use of information technology.
It involves identifying, assessing, and treating risks to the confidentiality, integrity, and availability of an organization’s assets. The end goal of this process is to treat risks in accordance with an organization’s overall risk tolerance.
Businesses shouldn’t expect to eliminate all risks, but rather they should seek to identify and achieve an acceptable risk level for their organization.
The first stage to ISRM is to identify assets. In other words, it’s crucial to pinpoint the assets that would have the most significant impact on your company if their integrity, availability or confidentiality were compromised. This might include things like intellectual properties and Social Security numbers.
Next stage is to identify vulnerabilities. What are the deficiencies or weaknesses in a company’s organizational processes that could be a factor in compromised information?
Identifying specific threats is another crucial step in the ISRM process. These threats can be anything from weather-related to cybersecurity issues. Is your company’s data center located in areas where tornadoes, hurricanes or brush fires are prominent?
Are other companies in your industry group experiencing problems with hackers, hacktivist groups or some government-sponsored entity?
Want to know more? Tonex offers Information Security and Risk Management Training, a 2-day course that helps participants understand a variety of topics in information security and risk management such as: introduction to information security, layers of security, threats and vulnerabilities in information security, concept of data and data security, risk modeling, risk management techniques, risk management components and risk assessment techniques.
Additionally, Tonex offers nearly three dozen courses in Cybersecurity Foundation. This includes cutting edge courses like:
For more information, questions, comments, contact us.