Assessment Of Information Security Risks
Introduction
Assessment Of Information Security Risks
Essentially a business idea, risk assessment is all about making money. Prior to anything else, we need to consider how your firm produces money, how its assets and personnel affect its profitability, and what dangers could cause significant financial losses for the business.
The next step is to consider how we can improve your IT infrastructure to lessen the risks that could result in the biggest monetary losses for the company.
The operation and usage of information systems pose a number of risks to organizational processes and assets, which are identified, estimated, and addressed through risk assessments. Simple risk assessments just include three variables: the value of the assets at risk, the seriousness of the threat, and the susceptibility of the system to that threat. We can evaluate the financial loss that a company can suffer using these risk variables.
- Identify critical information assets, systems, and data that need protection.
- Determine potential threats such as cyber-attacks, insider threats, and natural disasters.
- Analyze vulnerabilities in hardware, software, networks, and human processes.
- Evaluate the likelihood and impact of each threat exploiting vulnerabilities.
Process
Our Process to Perform Risk Assessment for Information Security
Being a CERT-IN empaneled agency, we at Levithan Technologies performs risk assessment for enhancing information security by following these below mentioned steps:
- Risk Management Planning: In this step, we will make a comprehensive planning and strategy for risk management based on the data collected regarding potential threats and vulnerabilities of the system which is in danger of the cyberattack.
- Threats & Vulnerabilities Identification: After creating plan for risk management, we will then access the threats and vulnerabilities with the possibility of exploitation by cybercriminals.
- Risk Assessment: After identifying all possible threats and vulnerabilities, we will perform a thorough risk assessment and provide a solution for each high and medium risk, along with a cost projection.