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The Risk Management Framework (RMF) is a United States federal government guideline, standard, and process for managing risk to help secure information systems (computers and networks). The RMF was developed by the National Institute of Standards and Technology (NIST), and provides a structured process that integrates information security ...
The Certified Information Systems Auditor Review Manual 2006 by ISACA provides this definition of risk management: "Risk management is the process of identifying vulnerabilities and threats to the information resources used by an organization in achieving business objectives, and deciding what countermeasures, if any, to take in reducing risk to an acceptable level, based on the value of the ...
"Develop the organizational understanding to manage cybersecurity risk to systems, assets, data, and capabilities." Asset Management (ID.AM): The data, personnel, devices, systems, and facilities that enable the organization to achieve business purposes are identified and managed consistent with their relative importance to business objectives ...
[13] [14] COBIT, developed by ISACA, is a framework for helping information security personnel develop and implement strategies for information management and governance while minimizing negative impacts and controlling information security and risk management, [4] [13] [15] and O-ISM3 2.0 is The Open Group's technology-neutral information ...
Security convergence refers to the convergence of two historically distinct security functions – physical security and information security – within enterprises; both are integral parts of a coherent risk management program. Security convergence is motivated by the recognition that corporate assets are increasingly information-based.
The management of security risks applies the principles of risk management to the management of security threats. It consists of identifying threats (or risk causes), assessing the effectiveness of existing controls to face those threats, determining the risks' consequence(s), prioritizing the risks by rating the likelihood and impact ...
A cyber security risk mitigating end user program could consist of a combination of multiple approaches including cyber security awareness, cyber security training, and cyber security education. According to, and adopted from, [1] see the below table that provides a comparison of the approaches.
Information technology risk, IT risk, IT-related risk, or cyber risk is any risk relating to information technology. [1] While information has long been appreciated as a valuable and important asset, the rise of the knowledge economy and the Digital Revolution has led to organizations becoming increasingly dependent on information, information processing and especially IT.