Risk Management Methods and Frameworks Part I
Risk and Vulnerability Assessment Services
In the international business environment, where decision-making follows a risk-based approach and business efficiency relies on the right balance, Information Security risk assessment is essential.
Risk Assessment services provide focus on identifying the threats and vulnerabilities regarding the security of corporate information, evaluating their potential impact on the business and recommending the appropriate mitigation controls to manage the risk. Risk and vulnerability management services provide organizations with the preventative, detective, and corrective measures needed to help limit the frequency and impact of security incidents.
Risk and vulnerability assessment can help management in decision making on Information Security, regarding the evaluation of policies effectiveness, and the selection of cost-effective mitigation controls to manage the risk of potential harm. Assessing organization's current security state is an integral step to securing sensitive data and meeting regulatory requirements.
Corporate Information Security Risk Assessment
Complete Information Security Risk Assessment using a structured methodology, best practices and strong quality procedures, involving the entire corporate environment. This service provides an assessment, which examines the level of security provided by the majority of information systems, networks, and applications.
Security Risk Assessment focuses on assisting organization's to detect any security weaknesses and sensitive spots of critical systems in the network. It also examines the effectiveness and completeness of Information Security controls (either technical or procedural). Security experts provide a thorough analysis of the organization's current security state, based on the globally-recognized ISO 27001 standard and industry best practices and a specific actionable plan to improve overall security posture based on the business needs.
Information Security Management Framework Implementation
The design and implementation of the organization’s Information Security framework including the relevant policies, standards, procedures, guidelines and organizational structures, as well as the determination of controls requirements, must be adequate enough to enforce the required level of Information Security, throughout the organization.
Organizations can take advantage standards and best practices, in order to implement the required Information Security infrastructure leading to the achievement of the organization’s desirable level of security. The significance and the level of protection required, depends on the nature and value of the corporate information.
This framework results in the establishment and enforcement of an effective Information Security Management System that safeguards information against unauthorized use, disclosure, modification, damage or loss.
