What is involved in IT Risk Management
Find out what the related areas are that IT Risk Management connects with, associates with, correlates with or affects, and which require thought, deliberation, analysis, review and discussion. This unique checklist stands out in a sense that it is not per-se designed to give answers, but to engage the reader and lay out a IT Risk Management thinking-frame.
How far is your company on its IT Risk Management Automation journey?
Take this short survey to gauge your organization’s progress toward IT Risk Management Automation leadership. Learn your strongest and weakest areas, and what you can do now to create a strategy that delivers results.
To address the criteria in this checklist for your organization, extensive selected resources are provided for sources of further research and information.
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Below you will find a quick checklist designed to help you think about which IT Risk Management related domains to cover and 329 essential critical questions to check off in that domain.
The following domains are covered:
IT Risk Management, Intangible asset, Business continuity, Business process, Committee of Sponsoring Organizations of the Treadway Commission, Regulatory compliance, Factor Analysis of Information Risk, Best practice, Real options valuation, Security service, Information technology security audit, ISO/IEC 17799, Information Security Forum, Vulnerability management, Chief information security officer, ISO/IEC 21287, Quantitative research, Secure coding, Risk factor, National Information Assurance Training and Education Center, Zero-day attack, ISO/IEC 27005, Software Engineering Institute, Security policy, International Organization for Standardization, Vulnerability assessment, Health Insurance Portability and Accountability Act, Data in transit, Qualitative research, Professional association, IT Baseline Protection Catalogs, Security controls, Full disclosure, Information technology, Annualized Loss Expectancy, Enterprise risk management, IT risk, Asset management, Single loss expectancy, National Security, Homeland Security Department, Information security management, Certified Information Systems Auditor, Gramm–Leach–Bliley Act, Risk register, Assurance services, Security risk, Risk scenario, Systems Development Life Cycle, Penetration test, Information security management system, ISO/IEC 13335, TIK IT Risk Framework, Chief information officer, Incident management, Laptop theft:
IT Risk Management Critical Criteria:
Prioritize IT Risk Management governance and prioritize challenges of IT Risk Management.
– To what extent is the companys common control library utilized in implementing or re-engineering processes to align risk with control?
– Which factors posed a challenge to, or contributed to the success of, your companys ITRM initiatives in the past 12 months?
– Is there a need to use a formal planning processes including planning meetings in order to assess and manage the risk?
– Which is the financial loss that the organization will experience as a result of every possible security incident ?
– Has a high risk situation been ongoing for more than one working day without resolution?
– Do you adapt ITRM processes to align with business strategies and new business changes?
– Estimate the change in financial investment for ITRM activities in the next 12 months?
– What information handled by or about the system should not be disclosed and to whom?
– Who performs your companys information and technology risk assessments?
– What is the sensitivity (or classification) level of the information?
– Financial risk -can the organization afford to undertake the project?
– How often are information and technology risk assessments performed?
– How much money should be invested in technical security measures ?
– What is the purpose of the system in relation to the mission?
– To what extent are you involved in ITRM at your company?
– Do our people embrace and/or comply with Risk policies?
– Technology risk -is the project technically feasible?
– Does the board keep thorough and accurate records?
– What drives the timing of your risk assessments?
– Does your company have a formal ITRM function?
Intangible asset Critical Criteria:
Accumulate Intangible asset tasks and pay attention to the small things.
– What tools do you use once you have decided on a IT Risk Management strategy and more importantly how do you choose?
– Is there any existing IT Risk Management governance structure?
– How is the value delivered by IT Risk Management being measured?
Business continuity Critical Criteria:
Read up on Business continuity visions and diversify disclosure of information – dealing with confidential Business continuity information.
– We should have adequate and well-tested disaster recovery and business resumption plans for all major systems and have remote facilities to limit the effect of disruptive events. Do we comply?
– Has specific responsibility been assigned for the execution of business continuity and disaster recovery plans (either within or outside of the information security function)?
– Do you have a written business continuity/disaster recovery plan that includes procedures to be followed in the event of a disruptive computer incident?
– Does our business continuity and/or disaster recovery plan (bcp/drp) address the timely recovery of its it functions in the event of a disaster?
– Do our business continuity andor disaster recovery plan (bcp/drp) address the timely recovery of our it functions in the event of a disaster?
– What programs/projects/departments/groups have some or all responsibility for business continuity/Risk Management/organizational resilience?
– Which data center management activity involves eliminating single points of failure to ensure business continuity?
– How will management prepare employees for a disaster, reduce the overall risks, and shorten the recovery window?
– Will new equipment/products be required to facilitate IT Risk Management delivery for example is new software needed?
– To what extent does management recognize IT Risk Management as a tool to increase the results?
– Does increasing our companys footprint add to the challenge of business continuity?
– Is the crisis management team comprised of members from Human Resources?
– Has business continuity thinking and planning become too formulaic?
– Is there a business continuity/disaster recovery plan in place?
– What is business continuity planning and why is it important?
– Has business continuity been considered for this eventuality?
– Do you have any DR/business continuity plans in place?
– What is Effective IT Risk Management?
Business process Critical Criteria:
Be clear about Business process engagements and acquire concise Business process education.
– Have the segments, goals and performance objectives been translated into an actionable and realistic target business and information architecture expressed within business functions, business processes, and information requirements?
– Have senior executives clearly identified and explained concerns regarding Customer Service issues and other change drivers, and emphasized that major improvements are imperative?
– Are interruptions to business activities counteracted and critical business processes protected from the effects of major failures or disasters?
– When conducting a business process reengineering study, what should we look for when trying to identify business processes to change?
– What are the disruptive IT Risk Management technologies that enable our organization to radically change our business processes?
– What finance, procurement and Human Resources business processes should be included in the scope of a erp solution?
– Do the functional areas need business process integration (e.g., order entl. billing, or Customer Service)?
– If we accept wire transfers what is the desired business process around supporting wire transfers?
– If we accept checks what is the desired business process around supporting checks?
– What are the relationships with other business processes and are these necessary?
– Do changes in business processes fall under the scope of change management?
– What business process supports the entry and validation of the data?
– How do we improve business processes and how do we deliver on that?
– On what basis would you decide to redesign a business process?
– What is the business process?
Committee of Sponsoring Organizations of the Treadway Commission Critical Criteria:
Collaborate on Committee of Sponsoring Organizations of the Treadway Commission planning and find answers.
– Do we cover the five essential competencies-Communication, Collaboration,Innovation, Adaptability, and Leadership that improve an organizations ability to leverage the new IT Risk Management in a volatile global economy?
– What role does communication play in the success or failure of a IT Risk Management project?
– Are we making progress? and are we making progress as IT Risk Management leaders?
Regulatory compliance Critical Criteria:
Rank Regulatory compliance governance and create Regulatory compliance explanations for all managers.
– Does IT Risk Management include applications and information with regulatory compliance significance (or other contractual conditions that must be formally complied with) in a new or unique manner for which no approved security requirements, templates or design models exist?
– Can we add value to the current IT Risk Management decision-making process (largely qualitative) by incorporating uncertainty modeling (more quantitative)?
– In the case of public clouds, will the hosting service provider meet their regulatory compliance requirements?
– Regulatory compliance: Is the cloud vendor willing to undergo external audits and/or security certifications?
– Does IT Risk Management analysis show the relationships among important IT Risk Management factors?
– What are specific IT Risk Management Rules to follow?
– What is Regulatory Compliance ?
Factor Analysis of Information Risk Critical Criteria:
Nurse Factor Analysis of Information Risk adoptions and acquire concise Factor Analysis of Information Risk education.
– How do we measure improved IT Risk Management service perception, and satisfaction?
– Think of your IT Risk Management project. what are the main functions?
– Can Management personnel recognize the monetary benefit of IT Risk Management?
Best practice Critical Criteria:
Confer over Best practice visions and document what potential Best practice megatrends could make our business model obsolete.
– What are our best practices for minimizing IT Risk Management project risk, while demonstrating incremental value and quick wins throughout the IT Risk Management project lifecycle?
– What standards, guidelines, best practices, and tools are organizations using to understand, measure, and manage risk at the management, operational, and technical levels?
– How can you negotiate IT Risk Management successfully with a stubborn boss, an irate client, or a deceitful coworker?
– Aare there recommended best practices to help us decide whether they should move to the cloud?
– Does your organization have a company-wide policy regarding best practices for cyber?
– What are some best practices for gathering business intelligence about a competitor?
– What are the best practices in knowledge management for IT Service management ITSM?
– Who would you consider best practice in any or all of the instore sales drivers?
– What best practices in knowledge management for Service management do we use?
– What best practices are relevant to your service management initiative?
– Which is really software best practice to us, CMM or agile development?
– How does big data impact Data Quality and governance best practices?
– Are there any best practices or standards for the use of Big Data solutions?
– Are Organizational Change managements best practices (eg Kotter) applied?
– What is a best practice for selecting drives for a thin pool?
– What best practices are relevant to your itsm initiative?
– Do we adhere to best practices interface design?
Real options valuation Critical Criteria:
Check Real options valuation visions and frame using storytelling to create more compelling Real options valuation projects.
– When a IT Risk Management manager recognizes a problem, what options are available?
– How much does IT Risk Management help?
Security service Critical Criteria:
Confer re Security service outcomes and slay a dragon.
– Do you have contracts in place with the 3rd parties that require the vendor to maintain controls, practices and procedures that are as protective as your own internal procedures?
– Do you conduct an annual privacy assessment to ensure that you are in compliance with privacy laws and regulations?
– Do you publish a bulletin board, chat room or otherwise allow users to upload or post content to your website?
– Is legal review performed on all intellectual property utilized in the course of your business operations?
– Do you sell or share the personal subscriber/customer information with other unaffiliated 3rd parties?
– Regarding the organizations Definition of Endpoints ; Do your policy guidelines cover smartphones?
– Are you presently involved in or considering any merger, acquisition or change in control?
– Is the anti-virus software package updated regularly?
– Do you perform routine backups of your critical data?
– What is the funding source for this project?
– What is the it security service life cycle?
– Who has authority to customize contracts?
– Exclusion of consequential damages?
– How many Firewalls do you have?
– How can demand and supply meet?
– Do you have VoIP implemented?
– Who Will Benefit?
Information technology security audit Critical Criteria:
Nurse Information technology security audit outcomes and track iterative Information technology security audit results.
– Meeting the challenge: are missed IT Risk Management opportunities costing us money?
– How do we go about Comparing IT Risk Management approaches/solutions?
ISO/IEC 17799 Critical Criteria:
Read up on ISO/IEC 17799 quality and look at the big picture.
– What are your key performance measures or indicators and in-process measures for the control and improvement of your IT Risk Management processes?
– Will IT Risk Management have an impact on current business continuity, disaster recovery processes and/or infrastructure?
– How can you measure IT Risk Management in a systematic way?
Information Security Forum Critical Criteria:
Closely inspect Information Security Forum decisions and describe which business rules are needed as Information Security Forum interface.
– Why is it important to have senior management support for a IT Risk Management project?
– Have all basic functions of IT Risk Management been defined?
Vulnerability management Critical Criteria:
Scrutinze Vulnerability management strategies and customize techniques for implementing Vulnerability management controls.
– What type and amount of resources does the system develop inherently and what does it attract from the close and distant environment to employ them consequently in the resilience process?
– How and how much do Resilience functions performed by a particular system impact own and others vulnerabilities?
– How and how much Resilience functions performed by a particular system impact own and others vulnerabilities?
– What is the security gap between private cloud cloud computing versus client server computing architectures?
– Does the organization or systems requiring remediation face numerous and/or significant threats?
– What are the different layers or stages in the development of security for our cloud usage?
– Do the IT Risk Management decisions we make today help people and the planet tomorrow?
– Risk of Compromise What is the likelihood that a compromise will occur?
– what is the difference between cyber security and information security?
– Consequences of Compromise What are the consequences of compromise?
– What is the nature and character of our Resilience functions?
– What is the likelihood that a compromise will occur?
– What are the consequences of compromise?
– How do we maintain IT Risk Managements Integrity?
– How do we compare outside our industry?
– How do we compare to our peers?
– How are we trending over time?
– What is my real risk?
Chief information security officer Critical Criteria:
See the value of Chief information security officer results and document what potential Chief information security officer megatrends could make our business model obsolete.
– Is there a IT Risk Management Communication plan covering who needs to get what information when?
– Does your organization have a chief information security officer (CISO or equivalent title)?
– Risk factors: what are the characteristics of IT Risk Management that make it risky?
– How do we keep improving IT Risk Management?
ISO/IEC 21287 Critical Criteria:
Reason over ISO/IEC 21287 engagements and correct ISO/IEC 21287 management by competencies.
– Can we do IT Risk Management without complex (expensive) analysis?
– What are the Key enablers to make this IT Risk Management move?
– Are there IT Risk Management problems defined?
Quantitative research Critical Criteria:
Meet over Quantitative research adoptions and figure out ways to motivate other Quantitative research users.
– Marketing budgets are tighter, consumers are more skeptical, and social media has changed forever the way we talk about IT Risk Management. How do we gain traction?
– What are the long-term IT Risk Management goals?
– Who needs to know about IT Risk Management ?
Secure coding Critical Criteria:
Pay attention to Secure coding engagements and point out Secure coding tensions in leadership.
– Is a IT Risk Management Team Work effort in place?
Risk factor Critical Criteria:
Test Risk factor governance and oversee implementation of Risk factor.
– How can you mitigate the risk factors?
– How do we go about Securing IT Risk Management?
– Is IT Risk Management Required?
National Information Assurance Training and Education Center Critical Criteria:
Check National Information Assurance Training and Education Center management and shift your focus.
– Record-keeping requirements flow from the records needed as inputs, outputs, controls and for transformation of a IT Risk Management process. ask yourself: are the records needed as inputs to the IT Risk Management process available?
Zero-day attack Critical Criteria:
Boost Zero-day attack risks and explain and analyze the challenges of Zero-day attack.
– Who will provide the final approval of IT Risk Management deliverables?
– What are internal and external IT Risk Management relations?
ISO/IEC 27005 Critical Criteria:
Refer to ISO/IEC 27005 quality and plan concise ISO/IEC 27005 education.
– Among the IT Risk Management product and service cost to be estimated, which is considered hardest to estimate?
Software Engineering Institute Critical Criteria:
Drive Software Engineering Institute tasks and change contexts.
Security policy Critical Criteria:
Tête-à-tête about Security policy outcomes and innovate what needs to be done with Security policy.
– Think about the kind of project structure that would be appropriate for your IT Risk Management project. should it be formal and complex, or can it be less formal and relatively simple?
– Does mgmt communicate to the organization on the importance of meeting the information security objectives, conforming to the information security policy and the need for continual improvement?
– Is there an information security policy to provide mgmt direction and support for information security in accordance with business requirements, relevant laws and regulations?
– Does this review include assessing opportunities for improvement, need for changes to the ISMS, review of information security policy & objectives?
– Under what assumptions do we use to provide the number of hours that will be used for the security policy reviews?
– Does your company have a current information security policy that has been approved by executive management?
– Does our company have a Cybersecurity policy, strategy, or governing document?
– What vendors make products that address the IT Risk Management needs?
– Is your security policy reviewed and updated at least annually?
– Is an organizational information security policy established?
– Is the Cybersecurity policy reviewed or audited?
International Organization for Standardization Critical Criteria:
Experiment with International Organization for Standardization planning and find answers.
– Does IT Risk Management analysis isolate the fundamental causes of problems?
– How can skill-level changes improve IT Risk Management?
– Are there IT Risk Management Models?
Vulnerability assessment Critical Criteria:
Bootstrap Vulnerability assessment risks and probe Vulnerability assessment strategic alliances.
– Does your organization perform vulnerability assessment activities as part of the acquisition cycle for products in each of the following areas: Cybersecurity, SCADA, smart grid, internet connectivity, and website hosting?
– At what point will vulnerability assessments be performed once IT Risk Management is put into production (e.g., ongoing Risk Management after implementation)?
– At what point will vulnerability assessments be performed once the system is put into production (e.g., ongoing risk management after implementation)?
– Has your organization conducted a cyber risk or vulnerability assessment of its information systems, control systems, and other networked systems?
– Do you have an internal or external company performing your vulnerability assessment?
– Do you monitor the effectiveness of your IT Risk Management activities?
– What are the business goals IT Risk Management is aiming to achieve?
– Are we Assessing IT Risk Management and Risk?
Health Insurance Portability and Accountability Act Critical Criteria:
Generalize Health Insurance Portability and Accountability Act decisions and simulate teachings and consultations on quality process improvement of Health Insurance Portability and Accountability Act.
– How do your measurements capture actionable IT Risk Management information for use in exceeding your customers expectations and securing your customers engagement?
– Do IT Risk Management rules make a reasonable demand on a users capabilities?
– How can we improve IT Risk Management?
Data in transit Critical Criteria:
Inquire about Data in transit quality and budget the knowledge transfer for any interested in Data in transit.
– What are your current levels and trends in key measures or indicators of IT Risk Management product and process performance that are important to and directly serve your customers? how do these results compare with the performance of your competitors and other organizations with similar offerings?
Qualitative research Critical Criteria:
Exchange ideas about Qualitative research results and achieve a single Qualitative research view and bringing data together.
– How do you determine the key elements that affect IT Risk Management workforce satisfaction? how are these elements determined for different workforce groups and segments?
– How likely is the current IT Risk Management plan to come in on schedule or on budget?
– How do we know that any IT Risk Management analysis is complete and comprehensive?
Professional association Critical Criteria:
Consolidate Professional association strategies and arbitrate Professional association techniques that enhance teamwork and productivity.
– Who is the main stakeholder, with ultimate responsibility for driving IT Risk Management forward?
– What is the source of the strategies for IT Risk Management strengthening and reform?
IT Baseline Protection Catalogs Critical Criteria:
Illustrate IT Baseline Protection Catalogs tactics and modify and define the unique characteristics of interactive IT Baseline Protection Catalogs projects.
– In a project to restructure IT Risk Management outcomes, which stakeholders would you involve?
– What are your most important goals for the strategic IT Risk Management objectives?
Security controls Critical Criteria:
Think carefully about Security controls projects and innovate what needs to be done with Security controls.
– Are there multiple physical security controls (such as badges, escorts, or mantraps) in place that would prevent unauthorized individuals from gaining access to the facility?
– Does the cloud service agreement make its responsibilities clear and require specific security controls to be applied to the application?
– Are regular reviews of the effectiveness of the ISMS (including meeting of ISMS policy and objectives and review of security controls) undertaken?
– Do the security controls encompass not only the cloud services themselves, but also the management interfaces offered to customers?
– Can the cloud service provider demonstrate appropriate security controls applied to their physical infrastructure and facilities?
– Do we have policies and methodologies in place to ensure the appropriate security controls for each application?
– How do we make it meaningful in connecting IT Risk Management with what users do day-to-day?
– Is the measuring of the effectiveness of the selected security controls or group of controls defined?
– Does the cloud service provider have necessary security controls on their human resources?
– Do we have sufficient processes in place to enforce security controls and standards?
– Have vendors documented and independently verified their Cybersecurity controls?
– Do we have sufficient processes in place to enforce security controls and standards?
– What are all of our IT Risk Management domains and what do they do?
– What are the barriers to increased IT Risk Management production?
– What are the known security controls?
Full disclosure Critical Criteria:
Track Full disclosure strategies and change contexts.
– Consider your own IT Risk Management project. what types of organizational problems do you think might be causing or affecting your problem, based on the work done so far?
– Which customers cant participate in our IT Risk Management domain because they lack skills, wealth, or convenient access to existing solutions?
Information technology Critical Criteria:
Have a session on Information technology leadership and frame using storytelling to create more compelling Information technology projects.
– Do the response plans address damage assessment, site restoration, payroll, Human Resources, information technology, and administrative support?
– Does your company have defined information technology risk performance metrics that are monitored and reported to management on a regular basis?
– If a survey was done with asking organizations; Is there a line between your information technology department and your information security department?
– How does new information technology come to be applied and diffused among firms?
– The difference between data/information and information technology (it)?
– How do we Identify specific IT Risk Management investment and emerging trends?
– When do you ask for help from Information Technology (IT)?
Annualized Loss Expectancy Critical Criteria:
Discuss Annualized Loss Expectancy failures and prioritize challenges of Annualized Loss Expectancy.
– What potential environmental factors impact the IT Risk Management effort?
– What is our IT Risk Management Strategy?
Enterprise risk management Critical Criteria:
Air ideas re Enterprise risk management projects and pay attention to the small things.
– Has management conducted a comprehensive evaluation of the entirety of enterprise Risk Management at least once every three years or sooner if a major strategy or management change occurs, a program is added or deleted, changes in economic or political conditions exist, or changes in operations or methods of processing information have occurred?
– Does the information infrastructure convert raw data into more meaningful, relevant information to create knowledgeable and wise decisions that assists personnel in carrying out their enterprise Risk Management and other responsibilities?
– Has management considered from external parties (e.g., customers, vendors and others doing business with the entity, external auditors, and regulators) important information on the functioning of an entitys enterprise Risk Management?
– Are findings of enterprise Risk Management deficiencies reported to the individual responsible for the function or activity involved, as well as to at least one level of management above that person?
– Do regular face-to-face meetings occur with risk champions or other employees from a range of functions and entity units with responsibility for aspects of enterprise Risk Management?
– Is a technical solution for data loss prevention -i.e., systems designed to automatically monitor for data leakage -considered essential to enterprise risk management?
– Has management taken appropriate corrective actions related to reports from external sources for their implications for enterprise Risk Management?
– Has management taken an occasional fresh look at focusing directly on enterprise Risk Management effectiveness?
– To what extent is Cybersecurity risk incorporated into organizations overarching enterprise Risk Management?
– To what extent is Cybersecurity risk incorporated into organizations overarching enterprise Risk Management?
– To what extent is Cybersecurity Risk Management integrated into enterprise risk management?
– Do policy and procedure manuals address managements enterprise Risk Management philosophy?
– How will we insure seamless interoperability of IT Risk Management moving forward?
– How is the enterprise Risk Management model used to assess and respond to risk?
– When you need advice about enterprise Risk Management, whom do you call?
– What are the Essentials of Internal IT Risk Management Management?
– What is our enterprise Risk Management strategy?
– What threat is IT Risk Management addressing?
IT risk Critical Criteria:
Check IT risk planning and do something to it.
– Do you have enough focus on ITRM documentation to help formalize processes to increase communications and integration with ORM?
– Old product plus new technology leads to new regulatory concerns which could be added burden, how to do you deal with that?
– Has a risk situation which has been ongoing over time, with several risk events, escalated to a situation of higher risk?
– What is the potential impact on the organization if the information is disclosed to unauthorized personnel?
– Does your company have a formal information and technology risk framework and assessment process in place?
– What best describes your establishment of a common process, risk and control library?
– Do you have an IT risk program framework aligned to IT strategy and enterprise risk?
– Have you defined IT risk performance metrics that are monitored and reported?
– How can organizations advance from good IT Risk Management practice to great?
– How important is the information to the user organizations mission?
– Is there a common risk language (taxonomy) that is used?
– Risk Decisions: Whose Call Is It?
– Who are valid users?
Asset management Critical Criteria:
Face Asset management governance and get the big picture.
– Do we have processes for managing Human Resources across the business. (eg. staffing skills and numbers are known and predictions are made of future needs? new staff are inducted and trained to suit needs? succession planning is catered for?
– Is an asset management process(es) in place to inventory and manage this new asset (investment) from a property management perspective, to provide Configuration Management support, and to monitor system performance?
– Deciding what level of hardware in the system is a decision process such as: is the cost or risk of loss with a usb cable, a tablet or a mouse sufficient to require tracking? Have we decided on the detail level?
– What are the key differences for us between asset management and Service Management?
– Use of non-corporate assets on the network -byod devices and software allowed?
– What processes do we have in place to harvest licenses from disposed hardware?
– Can you identify all your it hardware and software locations?
– What assets are being used with it (software, components)?
– If someone installs software, how do we keep track of it?
– What happens with your retired or disposed of assets?
– What assets benefit from the discipline of itam?
– What would it cost to replace our technology?
– Game of hide and seek at your organization?
– What is currently being used/done?
– What, though, is asset management?
– Why do it asset management?
– What is the configuration?
– What do it staff need?
– Who is using it?
Single loss expectancy Critical Criteria:
Boost Single loss expectancy decisions and simulate teachings and consultations on quality process improvement of Single loss expectancy.
National Security Critical Criteria:
Be responsible for National Security issues and finalize specific methods for National Security acceptance.
– Does the IT Risk Management task fit the clients priorities?
– What is our formula for success in IT Risk Management ?
Homeland Security Department Critical Criteria:
Grade Homeland Security Department governance and oversee Homeland Security Department requirements.
– Do we all define IT Risk Management in the same way?
Information security management Critical Criteria:
Define Information security management goals and catalog Information security management activities.
– Has the organization established an Identity and Access Management program that is consistent with requirements, policy, and applicable guidelines and which identifies users and network devices?
– Has the organization established an enterprise-wide business continuity/disaster recovery program that is consistent with requirements, policy, and applicable guidelines?
– Are damage assessment and disaster recovery plans in place?
– Why is IT Risk Management important for you now?
Certified Information Systems Auditor Critical Criteria:
Look at Certified Information Systems Auditor quality and gather Certified Information Systems Auditor models .
– what is the best design framework for IT Risk Management organization now that, in a post industrial-age if the top-down, command and control model is no longer relevant?
– How do senior leaders actions reflect a commitment to the organizations IT Risk Management values?
Gramm–Leach–Bliley Act Critical Criteria:
Reason over Gramm–Leach–Bliley Act adoptions and oversee Gramm–Leach–Bliley Act requirements.
– Which IT Risk Management goals are the most important?
Risk register Critical Criteria:
Consolidate Risk register results and define what our big hairy audacious Risk register goal is.
– For your IT Risk Management project, identify and describe the business environment. is there more than one layer to the business environment?
– Are the risk register and Risk Management processes actually effective in managing project risk?
Assurance services Critical Criteria:
Deduce Assurance services decisions and catalog what business benefits will Assurance services goals deliver if achieved.
– What are the success criteria that will indicate that IT Risk Management objectives have been met and the benefits delivered?
Security risk Critical Criteria:
Design Security risk visions and forecast involvement of future Security risk projects in development.
– What collaborative organizations or efforts has your company interacted with or become involved with to improve its Cybersecurity posture (such as NESCO, NESCOR, Fusion centers, Infragard, US-CERT, ICS-CERT, E-ISAC, SANS, HSIN, the Cross-Sector Cyber Security Working Group of the National Sector Partnership, etc.)?
– Are we communicating about our Cybersecurity Risk Management programs including the effectiveness of those programs to stakeholders, including boards, investors, auditors, and insurers?
– Based on our information security Risk Management strategy, do we have official written information security and privacy policies, standards, or procedures?
– If the liability portion of a Cybersecurity insurance policy is a claims-made policy, is an extended reporting endorsement (tail coverage) offered?
– Is there a person at our organization who assesses vulnerabilities, consequences, and threats?
– Is our organization doing any form of outreach or education on Cybersecurity Risk Management?
– Do we leverage resources like the ESC2M2 or DOE Risk Management Process for Cybersecurity?
– Do you have an enterprise-wide risk management program that includes Cybersecurity?
– How do we appropriately integrate Cybersecurity risk into business risk?
– Do governance and risk management processes address Cybersecurity risks?
– Do we appropriately integrate Cybersecurity risk into business risk?
– Can I explain our corporate Cybersecurity strategy to others?
– Are protection processes being continuously improved?
– How often are personnel trained in this procedure?
– What is your process/plan for managing risk?
– Why Cybersecurity?
– What s At Risk?
Risk scenario Critical Criteria:
Contribute to Risk scenario issues and prioritize challenges of Risk scenario.
– Is Supporting IT Risk Management documentation required?
Systems Development Life Cycle Critical Criteria:
Powwow over Systems Development Life Cycle strategies and acquire concise Systems Development Life Cycle education.
– Why is the systems development life cycle considered an iterative process?
– What are the five steps in the systems development life cycle (sdlc)?
Penetration test Critical Criteria:
Communicate about Penetration test management and figure out ways to motivate other Penetration test users.
– Is a vulnerability scan or penetration test performed on all internet-facing applications and systems before they go into production?
– What are our IT Risk Management Processes?
Information security management system Critical Criteria:
Detail Information security management system adoptions and forecast involvement of future Information security management system projects in development.
– What other jobs or tasks affect the performance of the steps in the IT Risk Management process?
– Why are IT Risk Management skills important?
ISO/IEC 13335 Critical Criteria:
Mix ISO/IEC 13335 leadership and separate what are the business goals ISO/IEC 13335 is aiming to achieve.
– How do we ensure that implementations of IT Risk Management products are done in a way that ensures safety?
TIK IT Risk Framework Critical Criteria:
Adapt TIK IT Risk Framework results and intervene in TIK IT Risk Framework processes and leadership.
– How does the organization define, manage, and improve its IT Risk Management processes?
– What sources do you use to gather information for a IT Risk Management study?
– How important is IT Risk Management to the user organizations mission?
Chief information officer Critical Criteria:
Review Chief information officer adoptions and secure Chief information officer creativity.
– How to Secure IT Risk Management?
Incident management Critical Criteria:
Accumulate Incident management tasks and secure Incident management creativity.
– Where do ideas that reach policy makers and planners as proposals for IT Risk Management strengthening and reform actually originate?
– Who will be responsible for deciding whether IT Risk Management goes ahead or not after the initial investigations?
– Which processes other than incident management are involved in achieving a structural solution ?
– In which cases can CMDB be usefull in incident management?
– What is a primary goal of incident management?
Laptop theft Critical Criteria:
Infer Laptop theft adoptions and reinforce and communicate particularly sensitive Laptop theft decisions.
– Think about the functions involved in your IT Risk Management project. what processes flow from these functions?
– What are the record-keeping requirements of IT Risk Management activities?
This quick readiness checklist is a selected resource to help you move forward. Learn more about how to achieve comprehensive insights with the IT Risk Management Automation Self Assessment:
Author: Gerard Blokdijk
CEO at The Art of Service | http://theartofservice.com
Gerard is the CEO at The Art of Service. He has been providing information technology insights, talks, tools and products to organizations in a wide range of industries for over 25 years. Gerard is a widely recognized and respected information expert. Gerard founded The Art of Service consulting business in 2000. Gerard has authored numerous published books to date.
To address the criteria in this checklist, these selected resources are provided for sources of further research and information:
IT Risk Management External links:
Home | IT Risk Management
IT Risk Management Reporting & Connectors | BeyondTrust
Magic Quadrant for IT Risk Management Solutions
Intangible asset External links:
Safeguarding Intangible Assets – ScienceDirect
Intangible Asset – Investopedia
Business continuity External links:
What is business continuity? | The BCI
Business process External links:
Microsoft Dynamics 365 – Modernizing Business Process …
Infosys BPM – Business Process Management | BPM Solutions
HEFLO BPM | Business Process Management
Regulatory compliance External links:
Chemical Regulatory Compliance – ChemADVISOR, Inc.
What is regulatory compliance? – Definition from …
Regulatory Compliance Training & Solutions – Stericycle
Factor Analysis of Information Risk External links:
FAIR means Factor Analysis of Information Risk – All Acronyms
ITSecurity Office: FAIR (Factor Analysis of Information Risk)
Best practice External links:
ALTA – Best Practices
Best Practices — Attorneys Title I North Carolina
What is best practice? – Definition from WhatIs.com
Real options valuation External links:
Real Options Valuation Jobs, Employment | Indeed.com
The Option to Delay a Project for Real Options Valuation
Downloads – Real Options Valuation
Security service External links:
myBranch Online Banking Log In | Security Service
Contact Us | Security Service
Defense Security Service – Official Site
Information Security Forum External links:
Information Security Forum – Official Site
The Information Security Forum – ScienceDirect
Vulnerability management External links:
Vulnerability Management Tool: InsightVM | Rapid7
Best Vulnerability Management Software in 2018 | G2 Crowd
Quantitative research External links:
Quantitative Research Title | Statistics | Survey Methodology
Format for a quantitative research article – Epi Result
[PDF]Quantitative Research Proposal Sample – …
Secure coding External links:
Secure Coding Education | Manicode Security
Secure Coding Storing Secrets – developer.force.com
Risk factor External links:
Illinois Behavioral Risk Factor Surveillance System – IDPH
[PDF]PHYSICAL ACTIVITY RISK FACTOR …
Medical Definition of Risk factor – MedicineNet
Zero-day attack External links:
What is Zero-Day Attack?| How to prevent Zero Day Exploits
ISO/IEC 27005 External links:
http://At around 70 pages, ISO/IEC 27005 is a heavyweight standard although the main part is just 26 pages, the rest being mostly annexes with examples and further information for users. The standard doesn’t specify, recommend or even name any specific risk management method.
Army COOL Snapshot – ISO/IEC 27005 Risk Manager
ISO/IEC 27005 risk management standard – ISO 27001 …
Software Engineering Institute External links:
Software Engineering Institute
50 Software Engineering Institute reviews. A free inside look at company reviews and salaries posted anonymously by employees.
Security policy External links:
Content Security Policy – Official Site
National Security Policy Flashcards | Quizlet
Event Log Policy Settings: Security Policy
International Organization for Standardization External links:
ISO International Organization for Standardization
MDMC – International Organization for Standardization (ISO)
ISO – International Organization for Standardization
Vulnerability assessment External links:
Vulnerability Assessment page – dot.ca.gov
[PDF]Unit IV – Vulnerability Assessment
Health Insurance Portability and Accountability Act External links:
Health Insurance Portability and Accountability Act (HIPAA)
Health Insurance Portability and Accountability Act
Data in transit External links:
Data in Transit GmbH (@dataintransit) | Twitter
Encrypt PI Data in Transit | PI Square
Qualitative research External links:
QUALITATIVE RESEARCH DESIGNS – University of …
Qualitative Research – Definition, Examples & Design
Professional association External links:
Registered Nurses Professional Association
NCACPA | Professional Association
IT Baseline Protection Catalogs External links:
IT Baseline Protection Catalogs | 21×9.org
IT Baseline Protection Catalogs – Revolvy
https://www.revolvy.com/topic/IT Baseline Protection Catalogs
Full disclosure External links:
Full Disclosure Network | FullDisclosure.net
Full Disclosure Project – Home | Facebook
Full Disclosure | Videos | Suits | USA Network
Information technology External links:
Rebelmail | UNLV Office of Information Technology (OIT)
Information Technology (IT) Industry & Association | CompTIA
Umail | University Information Technology Services
Annualized Loss Expectancy External links:
ALE – Annualized Loss Expectancy – abbreviations.com
Annualized Loss Expectancy – Does it Work? | AmalfiCORE …
Annualized Loss Expectancy (ALE) – Risky Thinking
Enterprise risk management External links:
ERM Software | Enterprise Risk Management & GRC Solutions
KPA is a leading enterprise risk management organization.
Enterprise Risk Management School, ERM Framework | CUNA
IT risk External links:
IT Risk Management – Gartner
Perform IT Risk Assessment to Improve Your Security Posture
IT Risk Management and Compliance Solutions | Telos
Asset management External links:
BMO Global Asset Management | Home
AQR – Alternative Investments | Asset Management | AQR
VTS | The Leading Leasing and Asset Management Platform
Single loss expectancy External links:
Single Loss Expectancy – Risky Thinking
National Security External links:
National Security Agency for Intelligence Careers
Careers | Y-12 National Security Complex
National Security Articles – Breitbart
Homeland Security Department External links:
Federal Register :: Agencies – Homeland Security Department
Information security management External links:
Information Security Management – Home2
CCISO Information Security Management Training Program
Certified Information Systems Auditor External links:
Free CISA Exam – Certified Information Systems Auditor Exam
Risk register External links:
Risk Register Template — ProjectManager.com
Risk Register — Allgress
Risk Register | ERM Strategies
Assurance services External links:
Audit and Assurance Services – tjsdd.com
NASW Assurance Services – Official Site
Audit & Assurance Services | WKMR
Security risk External links:
Security Risk (1954) – IMDb
Security Risk (eBook, 2011) [WorldCat.org]
Risk scenario External links:
Tainted Goods – Risk Scenario : Risk & Insurance
An IT risk risk scenario is a description of an IT related event that can lead to a business impact, when and if it should occur. Risk factors can also be interpreted as causal factors of the scenario that is materialising, or as vulnerabilities or weaknesses.
Risk Scenario Generator | Moody’s Analytics
Systems Development Life Cycle External links:
SYSTEMS DEVELOPMENT LIFE CYCLE – PCC
The Systems Development Life Cycle
DOJ Systems Development Life Cycle Guidance Table of …
Penetration test External links:
Standard Penetration Test – Geotechdata.info
10mm vs .357 Magnum: Penetration Test – YouTube
[PDF]Standard Penetration Test Driller’s / Operator’s Guide …
ISO/IEC 13335 External links:
IS/ISO/IEC 13335-1: Information Technology – Internet Archive
TIK IT Risk Framework External links:
TIK IT Risk Framework Topics – Revolvy
https://www.revolvy.com/topic/TIK IT Risk Framework&stype=topics
Chief information officer External links:
OMES: Chief Information Officer (CIO) – Home
Chief Information Officer – CIO Job Description
Office of the Chief Information Officer
Incident management External links:
WebEOC | Incident Management | Intermedix
WV Waiver Incident Management System – WV DHHR
Enterprise Incident Management – hhsapps.state.pa.us
Laptop theft External links:
UB police looking for laptop theft suspect | wivb.com
Inside Edition Laptop theft investigation – YouTube