Categorize the assets based on their importance and risk level
3
Conduct internal and external vulnerability scans
4
Document the vulnerabilities found
5
Approval: Documented Vulnerabilities
6
Perform a threat analysis
7
Review the threats and their potential impact
8
Approval: Potential Threats Impact
9
List down the existing security controls and procedures
10
Determine the effectiveness of the current controls
11
Propose necessary upgrades and modifications to the controls
12
Approval: Proposed Control Upgrades
13
Develop a contingency plan
14
Approval: Contingency Plan
15
Prepare a remediation plan to address vulnerabilities and threats
16
Assign responsibilities for the execution of the remediation plan
17
Conduct a final review of the risk assessment
18
Approval: Final Risk Assessment
19
Document the cyber security risk assessment
20
Distribute the risk assessment report to relevant stakeholders
Identify company assets and infrastructure
In this task, you will identify all the assets and infrastructure within the company. This includes hardware, software, networks, and data. The goal is to have a comprehensive understanding of everything that needs to be protected.
Categorize the assets based on their importance and risk level
In this task, you will categorize the identified assets based on their importance and risk level. This will help prioritize the security measures that need to be implemented. Consider the potential impact of the asset being compromised and the likelihood of a successful attack.
1
Low risk
2
Medium risk
3
High risk
1
Critical
2
Important
3
Less important
Conduct internal and external vulnerability scans
In this task, you will perform vulnerability scans to identify any weaknesses in the company's systems and networks. This includes both internal scans, which assess the security of internal resources, and external scans, which assess the security of externally accessible resources.
1
Internal scan
2
External scan
3
Both
Document the vulnerabilities found
In this task, you will document the vulnerabilities identified during the vulnerability scans. This includes detailing the specific weaknesses, their potential impact, and any recommended mitigation strategies.
Approval: Documented Vulnerabilities
Will be submitted for approval:
Document the vulnerabilities found
Will be submitted
Perform a threat analysis
In this task, you will analyze potential threats that could exploit the vulnerabilities identified. This involves considering various attack vectors and the likelihood of each threat occurrence.
Review the threats and their potential impact
In this task, you will review the previously identified threats and assess their potential impact on the company's assets and infrastructure. This will help prioritize the security measures that need to be implemented.
1
Low impact
2
Medium impact
3
High impact
Approval: Potential Threats Impact
Will be submitted for approval:
Perform a threat analysis
Will be submitted
Review the threats and their potential impact
Will be submitted
List down the existing security controls and procedures
In this task, you will list down all the existing security controls and procedures that are currently in place. This includes physical security measures, access controls, authentication mechanisms, and incident response processes.
Determine the effectiveness of the current controls
In this task, you will assess the effectiveness of the current security controls and procedures. This involves evaluating their ability to mitigate risks and protect the company's assets and infrastructure.
1
Not effective
2
Partially effective
3
Effective
Propose necessary upgrades and modifications to the controls
Based on the assessment of the current controls and procedures, necessary upgrades and modifications will be proposed in this task. This includes recommending new controls, enhancing existing controls, or removing ineffective controls. The goal is to optimize the company's security measures and ensure they are aligned with the identified risks.
1
Policy
2
Process
3
Technical measure
Approval: Proposed Control Upgrades
Will be submitted for approval:
List down the existing security controls and procedures
Will be submitted
Determine the effectiveness of the current controls
Will be submitted
Develop a contingency plan
In this task, a contingency plan will be developed to outline the company's response in the event of a security breach, disaster, or any other unexpected event. The plan will include predefined procedures, roles and responsibilities, contact information, and recovery strategies. The goal is to minimize the impact of incidents and facilitate a timely and effective response.
Approval: Contingency Plan
Will be submitted for approval:
Develop a contingency plan
Will be submitted
Prepare a remediation plan to address vulnerabilities and threats
In this task, a remediation plan will be prepared to outline the actions required to address the identified vulnerabilities and threats. The plan will include specific tasks, timelines, and responsible individuals or teams. The goal is to systematically address the risks and minimize the chances of security incidents.
Assign responsibilities for the execution of the remediation plan
This task involves assigning responsibilities for the execution of the remediation plan developed in the previous task. Each task or action item will be assigned to specific individuals or teams. The goal is to ensure clear accountability and coordination for the successful implementation of the remediation plan.
Conduct a final review of the risk assessment
In this task, a final review of the entire risk assessment process and outcomes will be conducted. This involves validating the accuracy and completeness of the assessment, identifying any gaps or areas for improvement, and ensuring all risks have been adequately addressed. The goal is to ensure the overall quality and effectiveness of the risk assessment.
Approval: Final Risk Assessment
Will be submitted for approval:
Conduct a final review of the risk assessment
Will be submitted
Document the cyber security risk assessment
This task involves documenting the cyber security risk assessment process, findings, and recommendations in a formal report. The report will provide an overview of the methodology used, key findings, identified risks, and proposed actions. The goal is to have a comprehensive and well-documented record of the risk assessment for future reference and compliance purposes.
Distribute the risk assessment report to relevant stakeholders
In this task, the risk assessment report will be distributed to the relevant stakeholders within the organization. This includes executives, IT managers, and other decision-makers who are responsible for implementing security measures. The goal is to ensure that all relevant parties are informed of the assessment outcomes and can take appropriate actions based on the recommendations.
