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.
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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 316 essential critical questions to check off in that domain.
The following domains are covered:
IT Risk Management, ISO/IEC 13335, Risk assessment, ISO/IEC 17799, Risk factor, Information technology security audit, Incident management, The Open Group, Computer insecurity, ISO/IEC 27005, Enterprise risk management, Intangible asset, Systems Development Life Cycle, Risk management, Common Vulnerabilities and Exposures, Risk register, International Organization for Standardization, National Information Assurance Training and Education Center, Risk analysis, Single loss expectancy, Information technology, Annualized Loss Expectancy, Business continuity plan, Vulnerability assessment, Factor Analysis of Information Risk, IT Baseline Protection Catalogs, Chief information security officer, Security risk, Homeland Security Department, Software Engineering Institute, Secure coding, Environmental security, National Security, Decision theory, Vulnerability management, ISO/IEC 27001, Full disclosure, Health Insurance Portability and Accountability Act, Security controls, TIK IT Risk Framework, Standard of Good Practice, Computer security, Laptop theft, Chief information officer, Regulatory compliance, ISO/IEC 27000-series, Real options valuation, Information security management, Security service, Professional association, Data in transit, IT Risk Management, Access control, Zero-day attack, ISO/IEC 15408:
IT Risk Management Critical Criteria:
Do a round table on IT Risk Management planning and spearhead techniques for implementing IT Risk Management.
– The full extent of a given risk and its priority compared to other risks are not understood. Failure to address the most important risks first leads to dangerous exposures. Nearly all managers believe that their risks are the most important in the enterprise (or at least they say so) but whose risks really matter most?
– What impact has emerging technology (e.g., cloud computing, virtualization and mobile computing) had on your companys ITRM program over the past 12 months?
– Does your company have defined information technology risk performance metrics that are monitored and reported to management on a regular basis?
– Has a risk situation which has been ongoing over time, with several risk events, escalated to a situation of higher risk?
– Risk Categories: What are the main categories of risks that should be addressed on this project?
– To what extent is your companys approach to ITRM aligned with the ERM strategies and frameworks?
– Is there disagreement or conflict about a decision/choice or course of action to be taken?
– Do you adapt ITRM processes to align with business strategies and new business changes?
– What information handled by or about the system should not be disclosed and to whom?
– Does your IT risk program have GRC tools or other tools and technology?
– Financial risk -can the organization afford to undertake the project?
– Do you actively monitor regulatory changes for the impact of ITRM?
– How do we Improve IT Risk Management service perception, and satisfaction?
– Does the board explore options before arriving at a decision?
– To what extent are you involved in ITRM at your company?
– Do our people embrace and/or comply with Risk policies?
– When is the right time for process improvement?
– What is the system-availability requirement?
– Risk Decisions: Whose Call Is It?
– Risk mitigation: how far?
ISO/IEC 13335 Critical Criteria:
Win new insights about ISO/IEC 13335 adoptions and simulate teachings and consultations on quality process improvement of ISO/IEC 13335.
– Among the IT Risk Management product and service cost to be estimated, which is considered hardest to estimate?
– Are accountability and ownership for IT Risk Management clearly defined?
– What will drive IT Risk Management change?
Risk assessment Critical Criteria:
Detail Risk assessment quality and find the essential reading for Risk assessment researchers.
– Have the it security cost for the any investment/project been integrated in to the overall cost including (c&a/re-accreditation, system security plan, risk assessment, privacy impact assessment, configuration/patch management, security control testing and evaluation, and contingency planning/testing)?
– Do we have a a cyber Risk Management tool for all levels of an organization in assessing risk and show how Cybersecurity factors into risk assessments?
– Are interdependent service providers (for example, fuel suppliers, telecommunications providers, meter data processors) included in risk assessments?
– Is the risk assessment approach defined and suited to the ISMS, identified business information security, legal and regulatory requirements?
– Does the risk assessment approach helps to develop the criteria for accepting risks and identify the acceptable level risk?
– With Risk Assessments do we measure if Is there an impact to technical performance and to what level?
– How frequently, if at all, do we conduct a business impact analysis (bia) and risk assessment (ra)?
– Does the process include a BIA, risk assessments, Risk Management, and risk monitoring and testing?
– What operating practices represent major roadblocks to success or require careful risk assessment?
– How does your company report on its information and technology risk assessment?
– Who performs your companys information and technology risk assessments?
– Is there any existing IT Risk Management governance structure?
– Are regular risk assessments executed across all entities?
– Do you use any homegrown IT system for ERM or risk assessments?
– Are regular risk assessments executed across all entities?
– Who sets the IT Risk Management standards?
– Are risk assessments at planned intervals reviewed?
– Is a IT Risk Management Team Work effort in place?
ISO/IEC 17799 Critical Criteria:
Investigate ISO/IEC 17799 leadership and optimize ISO/IEC 17799 leadership as a key to advancement.
– Who will be responsible for deciding whether IT Risk Management goes ahead or not after the initial investigations?
– How can you measure IT Risk Management in a systematic way?
Risk factor Critical Criteria:
Incorporate Risk factor failures and pioneer acquisition of Risk factor systems.
– Think about the functions involved in your IT Risk Management project. what processes flow from these functions?
– How do we ensure that implementations of IT Risk Management products are done in a way that ensures safety?
– Risk factors: what are the characteristics of IT Risk Management that make it risky?
– Does our organization need more IT Risk Management education?
– How can you mitigate the risk factors?
Information technology security audit Critical Criteria:
Add value to Information technology security audit adoptions and get answers.
– What are the key elements of your IT Risk Management performance improvement system, including your evaluation, organizational learning, and innovation processes?
– What are your most important goals for the strategic IT Risk Management objectives?
– What is Effective IT Risk Management?
Incident management Critical Criteria:
Set goals for Incident management management and oversee Incident management management by competencies.
– Which processes other than incident management are involved in achieving a structural solution ?
– When a IT Risk Management manager recognizes a problem, what options are available?
– How do we go about Comparing IT Risk Management approaches/solutions?
– In which cases can CMDB be usefull in incident management?
– What is a primary goal of incident management?
The Open Group Critical Criteria:
Brainstorm over The Open Group planning and get out your magnifying glass.
– For your IT Risk Management project, identify and describe the business environment. is there more than one layer to the business environment?
– How can skill-level changes improve IT Risk Management?
– Are there recognized IT Risk Management problems?
Computer insecurity Critical Criteria:
See the value of Computer insecurity quality and find out what it really means.
– Will new equipment/products be required to facilitate IT Risk Management delivery for example is new software needed?
– What are our needs in relation to IT Risk Management skills, labor, equipment, and markets?
– What are internal and external IT Risk Management relations?
ISO/IEC 27005 Critical Criteria:
Scrutinze ISO/IEC 27005 tactics and transcribe ISO/IEC 27005 as tomorrows backbone for success.
– What tools do you use once you have decided on a IT Risk Management strategy and more importantly how do you choose?
– What is the source of the strategies for IT Risk Management strengthening and reform?
Enterprise risk management Critical Criteria:
Co-operate on Enterprise risk management engagements and inform on and uncover unspoken needs and breakthrough Enterprise risk management results.
– 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?
– Is IT Risk Management dependent on the successful delivery of a current project?
– 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?
– Do you monitor the effectiveness of your IT Risk Management activities?
– What is our enterprise Risk Management strategy?
– What are specific IT Risk Management Rules to follow?
Intangible asset Critical Criteria:
Deliberate over Intangible asset governance and tour deciding if Intangible asset progress is made.
– How do you incorporate cycle time, productivity, cost control, and other efficiency and effectiveness factors into these IT Risk Management processes?
– Does IT Risk Management create potential expectations in other areas that need to be recognized and considered?
Systems Development Life Cycle Critical Criteria:
Troubleshoot Systems Development Life Cycle visions and grade techniques for implementing Systems Development Life Cycle controls.
– Why is the systems development life cycle considered an iterative process?
– What are the five steps in the systems development life cycle (sdlc)?
– What about IT Risk Management Analysis of results?
Risk management Critical Criteria:
Reconstruct Risk management decisions and observe effective Risk management.
– Do we support the certified Cybersecurity professional and cyber-informed operations and engineering professionals with advanced problem-solving tools, communities of practice, canonical knowledge bases, and other performance support tools?
– Does your company provide end-user training to all employees on Cybersecurity, either as part of general staff training or specifically on the topic of computer security and company policy?
– Senior management, the mission owners, knowing the potential risks and recommended controls, may ask, when and under what circumstances should I take action, do we have the answers?
– Has your organization conducted an evaluation of the Cybersecurity risks for major systems at each stage of the system deployment lifecycle?
– Is it understood that the risk management effectiveness critically depends on data collection, analysis and dissemination of relevant data?
– Do we have these warning signs: This project is not that big and everyone knows what they are doing -why do we need a project manager?
– Are standards for risk assessment methodology established, so risk information can be compared across entities?
– Are there any threats or vulnerabilities in the environment? Has anything changed in production?
– Are response processes and procedures executable and are they being maintained?
– Do governance and risk management processes address Cybersecurity risks?
– Have you had outside experts look at your Cybersecurity plans?
– Can I explain our corporate Cybersecurity strategy to others?
– How are risk assessment and audit results communicated to executives?
– Are records kept of successful Cybersecurity intrusions?
– Why is Risk Management needed?
Common Vulnerabilities and Exposures Critical Criteria:
Accelerate Common Vulnerabilities and Exposures leadership and shift your focus.
– What other jobs or tasks affect the performance of the steps in the IT Risk Management process?
– What tools and technologies are needed for a custom IT Risk Management project?
– How would one define IT Risk Management leadership?
Risk register Critical Criteria:
Trace Risk register failures and do something to it.
– Are there any disadvantages to implementing IT Risk Management? There might be some that are less obvious?
– Are the risk register and Risk Management processes actually effective in managing project risk?
– Are assumptions made in IT Risk Management stated explicitly?
– What are the Essentials of Internal IT Risk Management Management?
International Organization for Standardization Critical Criteria:
Pay attention to International Organization for Standardization decisions and separate what are the business goals International Organization for Standardization is aiming to achieve.
– What vendors make products that address the IT Risk Management needs?
National Information Assurance Training and Education Center Critical Criteria:
Jump start National Information Assurance Training and Education Center issues and devote time assessing National Information Assurance Training and Education Center and its risk.
– Do we aggressively reward and promote the people who have the biggest impact on creating excellent IT Risk Management services/products?
– What may be the consequences for the performance of an organization if all stakeholders are not consulted regarding IT Risk Management?
– How do we know that any IT Risk Management analysis is complete and comprehensive?
Risk analysis Critical Criteria:
Study Risk analysis projects and report on the economics of relationships managing Risk analysis and constraints.
– How do risk analysis and Risk Management inform your organizations decisionmaking processes for long-range system planning, major project description and cost estimation, priority programming, and project development?
– What levels of assurance are needed and how can the risk analysis benefit setting standards and policy functions?
– In which two Service Management processes would you be most likely to use a risk analysis and management method?
– Do several people in different organizational units assist with the IT Risk Management process?
– How does the business impact analysis use data from Risk Management and risk analysis?
– Do we monitor the IT Risk Management decisions made and fine tune them as they evolve?
– How do we do risk analysis of rare, cascading, catastrophic events?
– With risk analysis do we answer the question how big is the risk?
Single loss expectancy Critical Criteria:
Refer to Single loss expectancy tactics and develop and take control of the Single loss expectancy initiative.
– What are your results for key measures or indicators of the accomplishment of your IT Risk Management strategy and action plans, including building and strengthening core competencies?
– Why is it important to have senior management support for a IT Risk Management project?
– What are the short and long-term IT Risk Management goals?
Information technology Critical Criteria:
Communicate about Information technology visions and report on developing an effective Information technology strategy.
– Do the response plans address damage assessment, site restoration, payroll, Human Resources, information technology, and administrative support?
– If a survey was done with asking organizations; Is there a line between your information technology department and your information security department?
– To what extent does management recognize IT Risk Management as a tool to increase the results?
– How will we insure seamless interoperability of IT Risk Management moving forward?
– How does new information technology come to be applied and diffused among firms?
– The difference between data/information and information technology (it)?
– When do you ask for help from Information Technology (IT)?
Annualized Loss Expectancy Critical Criteria:
Study Annualized Loss Expectancy strategies and look for lots of ideas.
– In a project to restructure IT Risk Management outcomes, which stakeholders would you involve?
– How do we measure improved IT Risk Management service perception, and satisfaction?
– Why should we adopt a IT Risk Management framework?
Business continuity plan Critical Criteria:
Consider Business continuity plan goals and triple focus on important concepts of Business continuity plan relationship management.
– What prevents me from making the changes I know will make me a more effective IT Risk Management leader?
– What is the role of digital document management in business continuity planning management?
– Who are the people involved in developing and implementing IT Risk Management?
– How does our business continuity plan differ from a disaster recovery plan?
– What is business continuity planning and why is it important?
– Do you have any DR/business continuity plans in place?
– Is IT Risk Management Required?
Vulnerability assessment Critical Criteria:
Accelerate Vulnerability assessment strategies and perfect Vulnerability assessment conflict management.
– 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?
– What will be the consequences to the business (financial, reputation etc) if IT Risk Management does not go ahead or fails to deliver the objectives?
– What is the total cost related to deploying IT Risk Management, including any consulting or professional services?
– Do you have an internal or external company performing your vulnerability assessment?
Factor Analysis of Information Risk Critical Criteria:
Do a round table on Factor Analysis of Information Risk tactics and get the big picture.
– Can we add value to the current IT Risk Management decision-making process (largely qualitative) by incorporating uncertainty modeling (more quantitative)?
– What new services of functionality will be implemented next with IT Risk Management ?
IT Baseline Protection Catalogs Critical Criteria:
Think about IT Baseline Protection Catalogs tactics and report on developing an effective IT Baseline Protection Catalogs strategy.
– What are your key performance measures or indicators and in-process measures for the control and improvement of your IT Risk Management processes?
– What are the record-keeping requirements of IT Risk Management activities?
– How can we improve IT Risk Management?
Chief information security officer Critical Criteria:
Understand Chief information security officer strategies and achieve a single Chief information security officer view and bringing data together.
– Does your organization have a chief information security officer (ciso or equivalent title)?
– What are current IT Risk Management Paradigms?
Security risk Critical Criteria:
Audit Security risk strategies and describe the risks of Security risk sustainability.
– 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.)?
– How do various engineering job roles and Cybersecurity specialty roles engage to maximize constructive overlap and differences to address security for these systems?
– Is maintenance and repair of organizational assets performed and logged in a timely manner, with approved and controlled tools?
– How can you tell if the actions you plan to take will contain the impact of a potential cyber threat?
– Do we maintain standards and expectations for downtime during the upgrade and replacement cycle?
– Where do organizations locate their Cybersecurity Risk Management programoffice?
– Do we evaluate security risks associated with proposed software?
– What needs to happen for improvement actions to take place?
– How do you assess threats to your system and assets?
– Where is this procedure or policy written and kept?
– What scope do you want your strategy to cover?
– Is your Cybersecurity plan tested regularly?
Homeland Security Department Critical Criteria:
Huddle over Homeland Security Department tactics and gather practices for scaling Homeland Security Department.
– Will IT Risk Management deliverables need to be tested and, if so, by whom?
Software Engineering Institute Critical Criteria:
Familiarize yourself with Software Engineering Institute outcomes and optimize Software Engineering Institute leadership as a key to advancement.
– What business benefits will IT Risk Management goals deliver if achieved?
– Are there IT Risk Management problems defined?
Secure coding Critical Criteria:
Confer over Secure coding results and correct better engagement with Secure coding results.
Environmental security Critical Criteria:
Rank Environmental security visions and stake your claim.
– What are all of our IT Risk Management domains and what do they do?
National Security Critical Criteria:
Participate in National Security tasks and don’t overlook the obvious.
– 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?
– What knowledge, skills and characteristics mark a good IT Risk Management project manager?
– Do the IT Risk Management decisions we make today help people and the planet tomorrow?
Decision theory Critical Criteria:
Meet over Decision theory leadership and check on ways to get started with Decision theory.
– Which individuals, teams or departments will be involved in IT Risk Management?
– How do we Identify specific IT Risk Management investment and emerging trends?
– How will you measure your IT Risk Management effectiveness?
Vulnerability management Critical Criteria:
Design Vulnerability management management and pay attention to the small things.
– 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?
– How do we make it meaningful in connecting IT Risk Management with what users do day-to-day?
– What are the different layers or stages in the development of security for our cloud usage?
– 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 are the barriers to increased IT Risk Management production?
– What are the Key enablers to make this IT Risk Management move?
– 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 compare outside our industry?
– How do we compare to our peers?
– How are we trending over time?
– What is my real risk?
ISO/IEC 27001 Critical Criteria:
Think about ISO/IEC 27001 results and devise ISO/IEC 27001 key steps.
– How can we incorporate support to ensure safe and effective use of IT Risk Management into the services that we provide?
– What are the long-term IT Risk Management goals?
Full disclosure Critical Criteria:
Trace Full disclosure planning and improve Full disclosure service perception.
– 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?
– Why are IT Risk Management skills important?
Health Insurance Portability and Accountability Act Critical Criteria:
Adapt Health Insurance Portability and Accountability Act outcomes and integrate design thinking in Health Insurance Portability and Accountability Act innovation.
– Is maximizing IT Risk Management protection the same as minimizing IT Risk Management loss?
– What is our formula for success in IT Risk Management ?
– Are we Assessing IT Risk Management and Risk?
Security controls Critical Criteria:
Apply Security controls visions and raise human resource and employment practices for 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?
– 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?
– Who is the main stakeholder, with ultimate responsibility for driving IT Risk Management forward?
– 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 the known security controls?
– How to Secure IT Risk Management?
TIK IT Risk Framework Critical Criteria:
Jump start TIK IT Risk Framework issues and modify and define the unique characteristics of interactive TIK IT Risk Framework projects.
– How can you negotiate IT Risk Management successfully with a stubborn boss, an irate client, or a deceitful coworker?
Standard of Good Practice Critical Criteria:
Have a session on Standard of Good Practice tasks and find out what it really means.
Computer security Critical Criteria:
Differentiate Computer security adoptions and don’t overlook the obvious.
– Will the selection of a particular product limit the future choices of other computer security or operational modifications and improvements?
Laptop theft Critical Criteria:
Familiarize yourself with Laptop theft planning and overcome Laptop theft skills and management ineffectiveness.
– What is the purpose of IT Risk Management in relation to the mission?
Chief information officer Critical Criteria:
Shape Chief information officer strategies and integrate design thinking in Chief information officer innovation.
– 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?
– Who is responsible for ensuring appropriate resources (time, people and money) are allocated to IT Risk Management?
– How do mission and objectives affect the IT Risk Management processes of our organization?
Regulatory compliance Critical Criteria:
Deliberate Regulatory compliance outcomes and learn.
– 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?
– 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?
– What are the business goals IT Risk Management is aiming to achieve?
– What is Regulatory Compliance ?
ISO/IEC 27000-series Critical Criteria:
Generalize ISO/IEC 27000-series projects and proactively manage ISO/IEC 27000-series risks.
– 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?
– Why is IT Risk Management important for you now?
Real options valuation Critical Criteria:
Chart Real options valuation planning and be persistent.
– Think of your IT Risk Management project. what are the main functions?
– What threat is IT Risk Management addressing?
Information security management Critical Criteria:
Probe Information security management issues and adjust implementation of Information security management.
– 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?
– Is there a business continuity/disaster recovery plan in place?
– Are damage assessment and disaster recovery plans in place?
– How can the value of IT Risk Management be defined?
Security service Critical Criteria:
Closely inspect Security service risks and develop and take control of the Security service initiative.
– Certainly the increasingly mobile work force makes compliance more difficult. With more endpoints, devices and people involved, there is that much more to watch. There are devices not owned by the organization pulling data off the organizations network. Is your organizations policy consistent with that of contractors you work with?
– Do you have written clearance procedures in place regarding use, licensing, and consent agreements for third party content used by you in your products or services and on your website or in your promotional materials?
– 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 monitor security alerts and advisories from your system vendors, Computer Emergency Response Team (CERT) and other sources, taking appropriate and responsive actions?
– During the last 3 years, have you been the subject of an investigation or action by any regulatory or administrative agency for privacy related violations?
– Do you have a written business continuity/disaster recovery plan that includes procedures to be followed in the event of a disruptive computer incident?
– If not technically feasible, what safeguards are in place to ensure the security of private information?
– If you provide a technology service, do you test products for malicious code or other security flaws?
– Regarding the organizations Definition of Endpoints ; Do your policy guidelines cover smartphones?
– Do you require that sub contractors submit proof of insurance separate from the primary?
– Is anti-virus software installed on all computers/servers that connect to your network?
– What percentage of revenues is generated from services provided by sub-contractors?
– Do you have legal review of your content performed by staff or outside attorney?
– Do you require customer sign-off on mid-project changes?
– Do you have a document retention and destruction policy?
– Who has a role in the it security service life cycle?
– Is the anti-virus software package updated regularly?
– What is the funding source for this project?
– Exclusion of consequential damages?
– Do you have VoIP implemented?
Professional association Critical Criteria:
Own Professional association tasks and know what your objective is.
– Who needs to know about IT Risk Management ?
Data in transit Critical Criteria:
Weigh in on Data in transit governance and proactively manage Data in transit risks.
– How will you know that the IT Risk Management project has been successful?
IT Risk Management Critical Criteria:
Review IT Risk Management goals and balance specific methods for improving IT Risk Management results.
– Do you have a good understanding of emerging technologies and business trends that are vital for the management of IT risks in a fast-changing environment?
– Is there a need to use a formal planning processes including planning meetings in order to assess and manage the risk?
– Can highly-effective IT Risk Management programs ever eliminate IT Risk?
– How can our organization build its capabilities for IT Risk Management?
– Have you identified your IT Risk Management key performance indicators?
– Methodology: How will risk management be performed on projects?
– How does someone outside of IT know it was the right choice?
– To whom does the ITRM function or oversight role report?
– Is there a common risk language (taxonomy) that is used?
– Technology risk -is the project technically feasible?
– Who performs your companys IT risk assessments?
– Does your company have a formal ITRM function?
– User Involvement: Do I have the right users?
– What will we do if something does go wrong?
Access control Critical Criteria:
Demonstrate Access control management and explore and align the progress in Access control.
– Question to cloud provider: Does your platform offer fine-grained access control so that my users can have different roles that do not create conflicts or violate compliance guidelines?
– Are information security policies, including policies for access control, application and system development, operational, network and physical security, formally documented?
– Can the access control product protect individual devices (e.g., floppy disks, compact disks–read-only memory CD-ROM, serial and parallel interfaces, and system clipboard)?
– If our security management product supports access control based on defined rules, what is the granularity of the rules supported: access control per user, group, or role?
– Does the provider utilize Network Access Control based enforcement for continuous monitoring of its virtual machine population and virtual machine sprawl prevention?
– Access control: Are there appropriate controls over access to PII when stored in the cloud so that only individuals with a need to know will be able to access it?
– If data need to be secured through access controls (e.g. password-protected network space), how will they be applied?
– Is the process actually generating measurable improvement in the state of logical access control?
– Access control: Are there appropriate access controls over PII when it is in the cloud?
– Access Control To Program Source Code: Is access to program source code restricted?
– Do IT Risk Management rules make a reasonable demand on a users capabilities?
– Should we call it role based rule based access control, or rbrbac?
– Do the provider services offer fine grained access control?
– What type of advanced access control is supported?
– What access control exists to protect the data?
– What is our role based access control?
– How to deal with IT Risk Management Changes?
– Who determines access controls?
Zero-day attack Critical Criteria:
Review Zero-day attack quality and find the essential reading for Zero-day attack researchers.
– Do those selected for the IT Risk Management team have a good general understanding of what IT Risk Management is all about?
ISO/IEC 15408 Critical Criteria:
Align ISO/IEC 15408 results and clarify ways to gain access to competitive ISO/IEC 15408 services.
– How important is IT Risk Management to the user organizations mission?
– Is the scope of IT Risk Management defined?
– What is our IT Risk Management Strategy?
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 | 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 | …
IT Risk Management and Compliance Solutions | Telos
ISO/IEC 13335 External links:
IS/ISO/IEC 13335-1: Information Technology – Internet Archive
BS ISO/IEC 13335-1:2004 – Information technology. …
Risk assessment External links:
[PDF]Deliberate Risk Assessment Worksheet – United …
Risk Assessment Information | Mass.gov
Home | Oklahoma Risk Assessment
Risk factor External links:
Risk Factor Assessment Branch (RFAB)
Broken heart: Physical stress is a risk factor — ScienceDaily
Mild Traumatic Brain Injury a Risk Factor for Addiction
Incident management External links:
National Incident Management System (NIMS) – FEMA
Enterprise Incident Management
National Incident Management System | FEMA.gov
The Open Group External links:
FACE HOME | The Open Group
2018 Passleader The Open Group OG0-093 Dumps | OG0 …
The Open Group Professional Certifications – Pearson VUE
Computer insecurity External links:
Computer insecurity | Article about Computer insecurity …
Computer insecurity – ScienceDaily
Computer insecurity. — Experts@Minnesota
ISO/IEC 27005 External links:
ISO/IEC 27005 risk management standard – ISO 27001 …
Enterprise risk management External links:
Riskonnect: Integrated Enterprise Risk Management …
GSA launches Enterprise Risk Management Playbook
[PDF]Guide to Enterprise Risk Management – Office of The …
Intangible asset External links:
Intangible Asset (IA) Specialty Program
Intangible Asset – Investopedia
What is an intangible asset? | AccountingCoach
Systems Development Life Cycle External links:
SYSTEMS DEVELOPMENT LIFE CYCLE – PCC
[PDF]Systems Development Life Cycle (SDLC) …
DOJ Systems Development Life Cycle Guidance Table of Contents
Risk management External links:
Driver Risk Management Solutions | AlertDriving
Celgene Risk Management
Common Vulnerabilities and Exposures External links:
Common Vulnerabilities and Exposures – Official Site
CVE – Common Vulnerabilities and Exposures (CVE)
Risk register External links:
[PDF]How To Create a Risk Register – cbinet.com
[XLS]Risk Register – Project management
International Organization for Standardization External links:
ISO – International Organization for Standardization
ISO – International Organization for Standardization
ISO International Organization for Standardization
Risk analysis External links:
Full Monte Project Risk Analysis from Barbecana
What is Risk Analysis? – Definition from Techopedia
Single loss expectancy External links:
Single Loss Expectancy – Risky Thinking
05 Single Loss Expectancy – YouTube
Information technology External links:
OHIO: Office of Information Technology |About Email
Umail | University Information Technology Services
Rebelmail | UNLV Office of Information Technology (OIT)
Annualized Loss Expectancy External links:
Annualized Loss Expectancy (ALE) – Risky Thinking
Annualized Loss Expectancy – Does it Work? | …
Business continuity plan External links:
[PDF]Business Continuity Plan
Business Continuity Plan | NW Capital Management
[DOC]Business Continuity Plan Template for – finra.org
Factor Analysis of Information Risk External links:
ITSecurity Office: FAIR (Factor Analysis of Information Risk)
FAIR means Factor Analysis of Information Risk – All …
Chief information security officer External links:
[PDF]CHIEF INFORMATION SECURITY OFFICER – Rhode …
www.hr.ri.gov/documents/jobs/CHIEF INFORMATION SECURITY OFFICER.PDF
Security risk External links:
[PDF]Supersedes ADMINISTRATIVE Security Risk …
Security Risk (eBook, 2011) [WorldCat.org]
Security Risk (1954) – IMDb
Homeland Security Department External links:
MONTGOMERY COUNTY, MD – HOMELAND SECURITY DEPARTMENT
Federal Register :: Agencies – Homeland Security Department
Software Engineering Institute External links:
Software Engineering Institute
Software Engineering Institute | Carnegie Mellon University
Secure coding External links:
Secure Coding Storing Secrets – developer.force.com
Secure Coding Guideline – developer.force.com
Secure Coding in C & C++ – SANS Information Security …
Environmental security External links:
Environmental security examines threats posed by environmental events and trends to individuals, communities or nations. It may focus on the impact of human conflict and international relations on the environment, or on how environmental problems cross state borders.
7 Physical and Environmental Security – USPS
National Security External links:
Y-12 National Security Complex – Official Site
Home | CFNS | Citizens for National Security
Home | Champion National Security, Inc.
Decision theory External links:
Decision Theory Flashcards | Quizlet
Vulnerability management External links:
Vulnerability Management Programs: Getting Started | …
Vulnerability Management & Risk Intelligence | Kenna Security
Top Rated Vulnerability Management Software | Rapid7
ISO/IEC 27001 External links:
ISO/IEC 27001 certification standard
BSI Training – ISO/IEC 27001 Lead Implementer
ISO/IEC 27001 Information Security | BSI America
Full disclosure External links:
45 After Dark: Not So Full Disclosure edition – POLITICO
Full Disclosure | National Review
Health Insurance Portability and Accountability Act External links:
Health Insurance Portability and Accountability Act …
[PDF]Health Insurance Portability and Accountability Act
Security controls External links:
Picture This: A visual guide to security controls – CertMag
TIK IT Risk Framework External links:
TIK IT Risk Framework Topics – Revolvy
www.revolvy.com/topic/TIK IT Risk Framework&stype=topics
Standard of Good Practice External links:
Chapter 136-25 WAC: STANDARD OF GOOD PRACTICE…
Chapter 136-25 WAC: STANDARD OF GOOD PRACTICE…
Computer security External links:
[PDF]Computer Security Incident Handling Guide
Computer Security | Consumer Information
Naked Security – Computer Security News, Advice and …
Laptop theft External links:
RMHCS September 28, 2017- Laptop Theft – rmhcare.org
Chief information officer External links:
Title Chief Information Officer Jobs, Employment | Indeed.com
OMES: Chief Information Officer (CIO) – Home
CHIEF INFORMATION OFFICER – Charles R. Drew …
Regulatory compliance External links:
Chemical Regulatory Compliance – ChemADVISOR, Inc.
Regulatory Compliance Consulting for Money Managers
Brandywine Drumlabels – GHS Regulatory Compliance …
ISO/IEC 27000-series External links:
ISO/IEC 27000-series Flashcards | Quizlet
The ISO/IEC 27000-series (also known as the ‘ISMS Family of Standards’ or ‘ISO27k’ for short) comprises information security standards published jointly by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC).
Real options valuation External links:
Real Options Valuation – Videos & Lessons | Study.com
Real Options Valuation – Download
Real Options Valuation, Inc. – YouTube
Information security management External links:
[PDF]TITLE: INFORMATION SECURITY MANAGEMENT …
Information Security Management Provider – Sedara
Information Security Management – Corralling Mobile …
Security service External links:
Contact Us | Security Service
myBranch Online Banking Log In | Security Service
Professional association External links:
Professional Association of Diving Instructors | PADI
AAPMD | Airway Health | Professional Association
Directory – Professional Association Of Wisconsin …
Data in transit External links:
Physical Security for Data in Transit – TCDI
IT Risk Management External links:
Magic Quadrant for IT Risk Management Solutions – Gartner
Home | IT Risk Management
IT Risk Management and Compliance Solutions | Telos
Access control External links:
What is Access Control? – Definition from Techopedia
Linear Pro Access – Professional Access Control Systems
Multi-Factor Authentication – Access control | Microsoft Azure
Zero-day attack External links:
Zero-Day Attack Examples – WatchPoint Security Blog
ISO/IEC 15408 External links:
1. Common Criteria (ISO/IEC 15408) Certification
[PDF]EESTI STANDARD EVS-ISO/IEC 15408-1:2011