Information Security Risk Assessment

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2. Information Security Risk Assessment A business must prioritize risks to the organization’s operations, information, tangible and intangible assets. It is extremely important in today’s environment to consider how the company’s IT infrastructure controls can reduce its risks and minimize financial loss. To begin an information security risk assessment, an analyst should take a look at the total of all assets, including information assets, and how a significant event could result in a monetary loss if the organization were to suffer downtime or damage resulting from a unforeseen event impacting their website, primary servers or production data. riskcop.com

3. Risk Management and Control Risk management is a necessary gauge to ensure a company follows current and relevant regulations, implements effective operations, and protects sensitive information and data. Based on size, a company appoints an individual or teams of individuals to be responsible for monitoring the effectiveness of the risk management posture and accompanying internal controls that are placed into the environment. riskcop.com

4. Data Protection One of the core areas to protect within a business is the data. Whether data belongs to the customer or the company, all information is classified under what is called a “data classification policy.” This policy allows management to determine the various data types present in an organization and what types of security controls are necessary to protect to prevent the risk of breach, theft, or fraud. Data can be classified as public, internal use only, confidential and secret, or proprietary. riskcop.com

5. Contact Us Riskcop Advisory LLC PO Box 554, Valley Forge PA, United States Zip- 19481 240-617-2800 / 443-533-3100 robert.emrich@riskcop.com riskcop.com riskcop.com

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