Risk Assessment
What is Risk Assessment?
The process of identifying, analysing, and evaluating risks. Includes identifying assets and threats, assessing likelihood and impact, and determining risk treatment options.
Related terms
Frameworks that govern risk assessment
What the standards actually require on risk assessment
Requirements naming risk assessment across 6 standards, quoted from the control text.
Article 25 establishes the MEMBER STATE cybersecurity risk assessment - the third level of the four-level cascade. Member State competent authorities conduct national cybersecurity risk assessments for their in-scope electricity entities, building on the Union...
NCCS-Art.25_26 · Member State cybersecurity risk assessment (NCCS Articles 25-26) - third level of the cascade →Run and maintain the processes that establish what disruption would cost the organization over time and what could cause it, and refresh both whenever the organization or its operating context changes significantly.
iso-22301-2019::8.2 · Business impact analysis and risk assessment →Assess each planned change for its potential effect on the system components involved and assign it a risk category and priority, which then determine how deeply it is tested and what approvals it must carry.
C5-DEV-05 · Risk assessment, categorisation and prioritisation of changes →16 CFR 314.4(b) risk assessment. REQUIREMENT: financial institution must conduct a WRITTEN RISK ASSESSMENT to identify reasonably foreseeable internal + external risks to the security + confidentiality + integrity of customer information that could result in u...
FTC-Safeguards-Risk-Assessment · Written Risk Assessment (16 CFR 314.4(b)) →Suppliers identified as high risk by a cyber supply chain risk assessment are not used.
ISM-1567 · Suppliers identified as high risk by a cyber supply chain risk assessment are not used. →Risk assessment procedures. Control from BSI IT-Grundschutz framework, domain: BSI IT-Grundschutz: Risk Assessment & Management.
BSI-13 · Risk assessment procedures →Questions people ask about risk assessment
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