Cyber Risk Assessment
What is Cyber Risk Assessment?
A systematic evaluation of threats, vulnerabilities, and potential impacts to an organization's digital assets and information systems.
Terms that appear alongside cyber risk assessment
Each of these is named in at least one of the same controls as cyber risk assessment. The number is how many controls name both.
- risk assessment 6 shared controls
- cybersecurity 3 shared controls
- encryption 2 shared controls
- resilience 2 shared controls
- enisa 2 shared controls
- iso 27001 2 shared controls
- spoofing 2 shared controls
- nist 2 shared controls
Frameworks that govern cyber risk assessment
What the standards actually require on cyber risk assessment
Requirements naming cyber risk assessment across 5 standards, quoted from the control text.
Identify is the first of five functional elements per MSC-FAL.1/Circ.3/Rev.2 (aligned with NIST CSF Identify). Activities include: (1) Asset Inventory of vulnerable systems organisationally + onboard ship - Operational Technology (OT) systems including Bridge...
IMO-MSC-FAL-Identify-AssetInventory-ThreatsVulnerabilities-CyberRiskAssessment-RolesResponsibilities · IMO MSC-FAL Identify Function - OT/IT Asset Inventory + Threats + Vulnerabilities + Cyber Risk Assessment + Roles and Responsibilities + Crew + CSO + DPA →Lloyds Cyber Insurance Requirements - Risk Selection and Cyber Hygiene Underwriting Criteria. Underwriters must conduct rigorous risk selection + due diligence assessing insured-cyber hygiene including: (a) Mandatory cyber hygiene requirements (insurance-grade...
LLOYDS-CI-Risk-Selection-Cyber-Hygiene-Underwriting-Criteria-Pre-Bind-Risk-Engineering-MFA-Backup-EDR · Lloyds Cyber Insurance Risk Selection + Hygiene + Pre-Bind Engineering →Risk assessment. The company should conduct a cyber risk assessment following the four phases (identify, assess likelihood and impact, evaluate and prioritise risk, and decide treatment), documented and periodically reviewed.
BIMCO-6.2 · The four phases of a risk assessment →ITU coordinates radiocommunication + telecommunication standardization + and development across its three sectors with significant cross-sector cybersecurity work.
ITU-Cybersecurity-Space-Systems-Coord-ITU-T-X-Series-X.805-X.1500-ITU-D-WSIS-CIRT-Outer-Space-Treaty · ITU Cybersecurity of Space Systems + ITU-T X-Series (X.805 + X.1500 + X.1205) + Sector Coordination + ITU-D Development + WSIS + GCI Global Cybersecurity Index + CIRT National Computer Incident Response Teams + Multi-Sector ITU-R/T/D →Lloyds of London Minimum Standards 11 (MS11) - Cyber Security developed by Lloyds Performance Management Directorate (PMD) within Society of Lloyds + applicable to all Lloyds managing agents + syndicates + members agents + service companies + Lloyds Insurance...
LLOYDS-MS11-Governance-Board-Oversight-Risk-Identification-Assessment-Asset-Inventory-MS11-1-2-3-Lloyds-PMD · Lloyds MS11 Governance + Board Oversight + Risk + Asset Inventory + MS11.1-3 →Questions people ask about cyber risk assessment
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See how Cyber Risk Assessment applies across compliance frameworks
Our platform maps 686 frameworks with 311K cross-framework control mappings. Explore how this concept is addressed across standards.