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Information Risk Management

Information Risk Management. Brittney Berry Kris Collum Jessica Grant. Outline. Information Risk Management Challenges of Information Security People Involved The Risks Involved Threats to Risk Management Risk Mitigation Options. What is Information Risk Management?. Definition Goal

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Information Risk Management

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  1. Information Risk Management Brittney Berry Kris Collum Jessica Grant

  2. Outline • Information Risk Management • Challenges of Information Security • People Involved • The Risks Involved • Threats to Risk Management • Risk Mitigation Options

  3. What is Information Risk Management? • Definition • Goal • Two Main Elements • Risk Analysis • Risk Management

  4. Why is Information Security so Challenging? • Adversary vs. Defender • Ever-changing • Resources

  5. Who is involved in Information Risk Management? • CISO, CPO, CPSO, CCPO • Chief Information Risk Officer • Risk Management Roles and Responsibilities • BOD • IT strategy committee • CEO • Business executives • CIO

  6. What are the risks? • Investment or expense risk • Access or security risk • Integrity risk • Relevance risk • Availability risk • Infrastructure risk • Project ownership risk

  7. What are the threats to risk management? • Natural threats • Human Threats • Environmental Threats

  8. Risk Mitigation Options • Risk Assumptions • Risk Avoidance • Risk Limitation • Risk Planning • Risk Transference

  9. Sources • IT Governance Institute. Information Risks: Whose Business Are They? 2008. • Pironti, John. Key Elements of an Information Risk Management Program: Transforming Information Security Into Information Risk Management. 2008 • National Institute of Standards and Technology. Risk Management Guide for Information Technology Systems. 2002

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