Requirement:
Cybersecurity risk management methodology and procedures must be defined, documented and approved as per confidentiality, integrity and availability considerations of information and technology assets.
Control Implementation Guidelines:
- Define and document cybersecurity risk management requirements which are based on relevant regulations, best practices, and standard controls of cybersecurity risk management, taking into account the confidentiality, availability, and integrity of information and technology assets to cover the following
- 1
- The methodology and procedures of cybersecurity risk management in the organization must include
- Identification of assets and their value
- Identification of risks to the business, assets, or personnel of the organization
- Risk assessment, so that the likelihood and impact of the identified risks are defined
- Risk response, where cyber risk treatment methods are identified
- Risk monitoring, so that the risk register is updated after each risk assessment and response plan
- The methodology and procedures of cybersecurity risk management in the organization must include
- Support the cybersecurity risk management methodology and procedures in the organization by the Executive Management through the approval of the representative
Relevant Cybersecurity Tools:
- Cybersecurity Risk Management Policy Template
- Cybersecurity Risk Management Procedures Template
Expected Deliverables:
- The approved cybersecurity risk management methodology (electronic copy or official hard copy)
- Approved cybersecurity risk management procedures
Quick & Simple
Discover Our Cybersecurity Compliance Solutions:
Whether you need to meet and maintain your compliance requirements, help your clients meet them, or verify supplier compliance we have the expertise and solution for you
CMMC Level 1 Compliance
Become compliant, provide compliance services, or verify partner compliance with CMMC Level 1 Basic Safeguarding of Covered Contractor Information Systems requirements.
NIST SP 800-171 & CMMC Level 2 Compliance
Become compliant, provide compliance services, or verify partner compliance with NIST SP 800-171 and CMMC Level 2 requirements.
HIPAA Compliance
Become compliant, provide compliance services, or verify partner compliance with HIPAA security rule requirements.
ISO 27001 Compliance
Become compliant, provide compliance services, or verify partner compliance with ISO 27001 requirements.
FAR 52.204-21 Compliance
Become compliant, provide compliance services, or verify partner compliance with FAR 52.204-21 Basic Safeguarding of Covered Contractor Information Systems requirements.