321 In-Depth IT Risk Management Automation Questions for Professionals

What is involved in IT Risk Management

Find out what the related areas are that IT Risk Management connects with, associates with, correlates with or affects, and which require thought, deliberation, analysis, review and discussion. This unique checklist stands out in a sense that it is not per-se designed to give answers, but to engage the reader and lay out a IT Risk Management thinking-frame.

How far is your company on its IT Risk Management Automation journey?

Take this short survey to gauge your organization’s progress toward IT Risk Management Automation leadership. Learn your strongest and weakest areas, and what you can do now to create a strategy that delivers results.

To address the criteria in this checklist for your organization, extensive selected resources are provided for sources of further research and information.

Start the Checklist

Below you will find a quick checklist designed to help you think about which IT Risk Management related domains to cover and 321 essential critical questions to check off in that domain.

The following domains are covered:

IT Risk Management, Laptop theft, Risk analysis, Single loss expectancy, Homeland Security Department, Standard of Good Practice, Decision theory, IT risk, Penetration test, Risk scenario, Risk management, Security controls, Business continuity, Real options valuation, Data in transit, Quantitative research, Enterprise risk management, Factor Analysis of Information Risk, Information technology security audit, ISO/IEC 13335, TIK IT Risk Framework, Full disclosure, Business continuity plan, Information risk management, IT Risk Management, Certified Information Systems Auditor, ISO/IEC 15408, Committee of Sponsoring Organizations of the Treadway Commission, Common Vulnerabilities and Exposures, Security risk, ISO/IEC 27005, Security service, Professional association, Software Engineering Institute, Risk assessment, Chief information officer, Security policy, Intangible asset, CIA triad, National Information Assurance Training and Education Center, Incident management, Gramm–Leach–Bliley Act, National Security, Computer security, Business process, Secure coding, Information technology, Risk factor, Physical security, Vulnerability assessment, Qualitative research, Information security, Risk appetite, IT Baseline Protection Catalogs, Zero-day attack, Information security management system, Chief information security officer:

IT Risk Management Critical Criteria:

Be clear about IT Risk Management issues and look at the big picture.

– Does your company have defined information technology risk performance metrics that are monitored and reported to management on a regular basis?

– What are the disruptive IT Risk Management technologies that enable our organization to radically change our business processes?

– Do you standardize ITRM processes and clearly defined roles and responsibilities to improve efficiency, quality and reporting?

– How will your companys investment ITRM be distributed across their initiatives in the next 12 months?

– Market risk -Will the new service or product be useful to the organization or marketable to others?

– Risk Categories: What are the main categories of risks that should be addressed on this project?

– Do you have an IT risk program framework aligned to IT strategy and enterprise risk?

– Which standards or practices have you used for your IT risk program framework?

– How good is the enterprise at performing the IT processes defined in CobiT?

– Financial risk -can the organization afford to undertake the project?

– How often are information and technology risk assessments performed?

– How important is the information to the user organizations mission?

– Methodology: How will risk management be performed on projects?

– How important is the system to the user organizations mission?

– Does the board keep thorough and accurate records?

– What drives the timing of your risk assessments?

– Who performs your companys IT risk assessments?

– How much should a company invest in security?

– User Involvement: Do I have the right users?

– What triggers a risk assessment?

Laptop theft Critical Criteria:

Pay attention to Laptop theft planning and handle a jump-start course to Laptop theft.

– Will IT Risk Management have an impact on current business continuity, disaster recovery processes and/or infrastructure?

– Is there a IT Risk Management Communication plan covering who needs to get what information when?

– What is Effective IT Risk Management?

Risk analysis Critical Criteria:

Mine Risk analysis adoptions and forecast involvement of future Risk analysis projects in development.

– How do risk analysis and Risk Management inform your organizations decisionmaking processes for long-range system planning, major project description and cost estimation, priority programming, and project development?

– What levels of assurance are needed and how can the risk analysis benefit setting standards and policy functions?

– In which two Service Management processes would you be most likely to use a risk analysis and management method?

– How do we ensure that implementations of IT Risk Management products are done in a way that ensures safety?

– How does the business impact analysis use data from Risk Management and risk analysis?

– How do we do risk analysis of rare, cascading, catastrophic events?

– With risk analysis do we answer the question how big is the risk?

– Is a IT Risk Management Team Work effort in place?

Single loss expectancy Critical Criteria:

Categorize Single loss expectancy risks and pay attention to the small things.

– What tools do you use once you have decided on a IT Risk Management strategy and more importantly how do you choose?

– How do we Identify specific IT Risk Management investment and emerging trends?

– What business benefits will IT Risk Management goals deliver if achieved?

Homeland Security Department Critical Criteria:

Understand Homeland Security Department issues and diversify by understanding risks and leveraging Homeland Security Department.

– Record-keeping requirements flow from the records needed as inputs, outputs, controls and for transformation of a IT Risk Management process. ask yourself: are the records needed as inputs to the IT Risk Management process available?

– Are we Assessing IT Risk Management and Risk?

Standard of Good Practice Critical Criteria:

Demonstrate Standard of Good Practice governance and interpret which customers can’t participate in Standard of Good Practice because they lack skills.

– Which customers cant participate in our IT Risk Management domain because they lack skills, wealth, or convenient access to existing solutions?

– How do we know that any IT Risk Management analysis is complete and comprehensive?

– Is IT Risk Management Realistic, or are you setting yourself up for failure?

Decision theory Critical Criteria:

Group Decision theory tasks and arbitrate Decision theory techniques that enhance teamwork and productivity.

– What are the short and long-term IT Risk Management goals?

– Who sets the IT Risk Management standards?

IT risk Critical Criteria:

Weigh in on IT risk results and find the ideas you already have.

– What impact has emerging technology (e.g., cloud computing, virtualization and mobile computing) had on your companys ITRM program over the past 12 months?

– To what extent is the companys common control library utilized in implementing or re-engineering processes to align risk with control?

– Do you have enough focus on ITRM documentation to help formalize processes to increase communications and integration with ORM?

– Which is the financial loss that the organization will experience as a result of a security incident due to the residual risk ?

– Which factors posed a challenge to, or contributed to the success of, your companys ITRM initiatives in the past 12 months?

– By what percentage do you estimate your companys financial investment in ITRM activities will change in the next 12 months?

– In your opinion, how effective is your company at conducting the risk management activities?

– Does the IT Risk Management framework align to a three lines of defense model?

– How can our organization build its capabilities for IT Risk Management?

– How will investment in ITRM be distributed in the next 12 months?

– Is there a common risk language (taxonomy) that is used?

– Technology risk -is the project technically feasible?

– When is the right time for process improvement?

– Does your company have a formal ITRM function?

– Risk Communication what to Communicate?

– How will we pay for it?

Penetration test Critical Criteria:

Model after Penetration test decisions and find the essential reading for Penetration test researchers.

– What other organizational variables, such as reward systems or communication systems, affect the performance of this IT Risk Management process?

– Is a vulnerability scan or penetration test performed on all internet-facing applications and systems before they go into production?

– Do several people in different organizational units assist with the IT Risk Management process?

Risk scenario Critical Criteria:

Investigate Risk scenario adoptions and mentor Risk scenario customer orientation.

– What is the purpose of IT Risk Management in relation to the mission?

– Can we do IT Risk Management without complex (expensive) analysis?

– Does the IT Risk Management task fit the clients priorities?

Risk management Critical Criteria:

Jump start Risk management risks and question.

– Do we have a a cyber Risk Management tool for all levels of an organization in assessing risk and show how Cybersecurity factors into risk assessments?

– How would you characterize the adequacy of Risk Management typically done for projects and programs in your organization?

– Is there a person at your organization who coordinates responding to threats and recovering from them?

– What is our rationale for partnerships: social intermediation or Risk Management?

– Are response processes and procedures executable and are they being maintained?

– What is our approach to Risk Management in the specific area of social media?

– Have you defined IT risk performance metrics that are monitored and reported?

– Where specifically is the Risk assessed information processed and stored?

– Does senior leadership have access to Cybersecurity risk information?

– Do we evaluate security risks associated with proposed software?

– Do our people embrace and/or comply with Risk policies?

– Is Cybersecurity Insurance coverage a must?

– What else do you need to learn to be ready?

– Risk Decisions: Whose Call Is It?

– What s De-identified?

Security controls Critical Criteria:

Learn from Security controls failures and reinforce and communicate particularly sensitive Security controls decisions.

– Are there multiple physical security controls (such as badges, escorts, or mantraps) in place that would prevent unauthorized individuals from gaining access to the facility?

– Does the cloud service agreement make its responsibilities clear and require specific security controls to be applied to the application?

– Are regular reviews of the effectiveness of the ISMS (including meeting of ISMS policy and objectives and review of security controls) undertaken?

– Do the security controls encompass not only the cloud services themselves, but also the management interfaces offered to customers?

– Can the cloud service provider demonstrate appropriate security controls applied to their physical infrastructure and facilities?

– Do we have policies and methodologies in place to ensure the appropriate security controls for each application?

– Who is responsible for ensuring appropriate resources (time, people and money) are allocated to IT Risk Management?

– Is the measuring of the effectiveness of the selected security controls or group of controls defined?

– Does the cloud service provider have necessary security controls on their human resources?

– Do we have sufficient processes in place to enforce security controls and standards?

– Have vendors documented and independently verified their Cybersecurity controls?

– How does the organization define, manage, and improve its IT Risk Management processes?

– Do we have sufficient processes in place to enforce security controls and standards?

– Are there recognized IT Risk Management problems?

– What are the known security controls?

Business continuity Critical Criteria:

Audit Business continuity visions and catalog Business continuity activities.

– Who will be responsible for leading the various bcp teams (e.g., crisis/emergency, recovery, technology, communications, facilities, Human Resources, business units and processes, Customer Service)?

– Has the organization established an enterprise-wide business continuity/disaster recovery program that is consistent with requirements, policy, and applicable guidelines?

– Do you have a written business continuity/disaster recovery plan that includes procedures to be followed in the event of a disruptive computer incident?

– Do the response plans address damage assessment, site restoration, payroll, Human Resources, information technology, and administrative support?

– Does our business continuity and/or disaster recovery plan (bcp/drp) address the timely recovery of its it functions in the event of a disaster?

– Do our business continuity andor disaster recovery plan (bcp/drp) address the timely recovery of our it functions in the event of a disaster?

– What programs/projects/departments/groups have some or all responsibility for business continuity/Risk Management/organizational resilience?

– Which data center management activity involves eliminating single points of failure to ensure business continuity?

– How will management prepare employees for a disaster, reduce the overall risks, and shorten the recovery window?

– What is the role of digital document management in business continuity planning management?

– How do mission and objectives affect the IT Risk Management processes of our organization?

– Does increasing our companys footprint add to the challenge of business continuity?

– How does our business continuity plan differ from a disaster recovery plan?

– Has business continuity thinking and planning become too formulaic?

– Is there a business continuity/disaster recovery plan in place?

– Has business continuity been considered for this eventuality?

– What is business continuity planning and why is it important?

– Do you have a tested IT disaster recovery plan?

Real options valuation Critical Criteria:

Model after Real options valuation strategies and don’t overlook the obvious.

– What are the key elements of your IT Risk Management performance improvement system, including your evaluation, organizational learning, and innovation processes?

– Does IT Risk Management create potential expectations in other areas that need to be recognized and considered?

– Does IT Risk Management appropriately measure and monitor risk?

Data in transit Critical Criteria:

Reason over Data in transit planning and report on setting up Data in transit without losing ground.

– What are your current levels and trends in key measures or indicators of IT Risk Management product and process performance that are important to and directly serve your customers? how do these results compare with the performance of your competitors and other organizations with similar offerings?

– Is there any existing IT Risk Management governance structure?

Quantitative research Critical Criteria:

Group Quantitative research issues and perfect Quantitative research conflict management.

– Is IT Risk Management dependent on the successful delivery of a current project?

– Are assumptions made in IT Risk Management stated explicitly?

– Is the scope of IT Risk Management defined?

Enterprise risk management Critical Criteria:

Discuss Enterprise risk management leadership and intervene in Enterprise risk management processes and leadership.

– Has management conducted a comprehensive evaluation of the entirety of enterprise Risk Management at least once every three years or sooner if a major strategy or management change occurs, a program is added or deleted, changes in economic or political conditions exist, or changes in operations or methods of processing information have occurred?

– Does the information infrastructure convert raw data into more meaningful, relevant information to create knowledgeable and wise decisions that assists personnel in carrying out their enterprise Risk Management and other responsibilities?

– Has management considered from external parties (e.g., customers, vendors and others doing business with the entity, external auditors, and regulators) important information on the functioning of an entitys enterprise Risk Management?

– Are findings of enterprise Risk Management deficiencies reported to the individual responsible for the function or activity involved, as well as to at least one level of management above that person?

– Do regular face-to-face meetings occur with risk champions or other employees from a range of functions and entity units with responsibility for aspects of enterprise Risk Management?

– Is a technical solution for data loss prevention -i.e., systems designed to automatically monitor for data leakage -considered essential to enterprise risk management?

– Has management taken appropriate corrective actions related to reports from external sources for their implications for enterprise Risk Management?

– Has management taken an occasional fresh look at focusing directly on enterprise Risk Management effectiveness?

– To what extent is Cybersecurity risk incorporated into organizations overarching enterprise Risk Management?

– To what extent is Cybersecurity risk incorporated into organizations overarching enterprise Risk Management?

– To what extent is Cybersecurity Risk Management integrated into enterprise risk management?

– Do policy and procedure manuals address managements enterprise Risk Management philosophy?

– How is the enterprise Risk Management model used to assess and respond to risk?

– When you need advice about enterprise Risk Management, whom do you call?

– Who will provide the final approval of IT Risk Management deliverables?

– What is our enterprise Risk Management strategy?

Factor Analysis of Information Risk Critical Criteria:

Exchange ideas about Factor Analysis of Information Risk outcomes and remodel and develop an effective Factor Analysis of Information Risk strategy.

– How do you incorporate cycle time, productivity, cost control, and other efficiency and effectiveness factors into these IT Risk Management processes?

– What other jobs or tasks affect the performance of the steps in the IT Risk Management process?

Information technology security audit Critical Criteria:

Have a session on Information technology security audit tactics and create a map for yourself.

– What may be the consequences for the performance of an organization if all stakeholders are not consulted regarding IT Risk Management?

– Is maximizing IT Risk Management protection the same as minimizing IT Risk Management loss?

– Is Supporting IT Risk Management documentation required?

ISO/IEC 13335 Critical Criteria:

Consolidate ISO/IEC 13335 goals and adopt an insight outlook.

– Is the IT Risk Management organization completing tasks effectively and efficiently?

– What is our IT Risk Management Strategy?

TIK IT Risk Framework Critical Criteria:

Inquire about TIK IT Risk Framework management and achieve a single TIK IT Risk Framework view and bringing data together.

– What are our best practices for minimizing IT Risk Management project risk, while demonstrating incremental value and quick wins throughout the IT Risk Management project lifecycle?

– Will new equipment/products be required to facilitate IT Risk Management delivery for example is new software needed?

Full disclosure Critical Criteria:

Win new insights about Full disclosure strategies and observe effective Full disclosure.

– Think about the people you identified for your IT Risk Management project and the project responsibilities you would assign to them. what kind of training do you think they would need to perform these responsibilities effectively?

– How to Secure IT Risk Management?

Business continuity plan Critical Criteria:

Substantiate Business continuity plan quality and pioneer acquisition of Business continuity plan systems.

– Meeting the challenge: are missed IT Risk Management opportunities costing us money?

– What are the Essentials of Internal IT Risk Management Management?

– Do you have any DR/business continuity plans in place?

Information risk management Critical Criteria:

Distinguish Information risk management outcomes and frame using storytelling to create more compelling Information risk management projects.

– What are specific IT Risk Management Rules to follow?

IT Risk Management Critical Criteria:

Audit IT Risk Management leadership and gather IT Risk Management models .

– Does your company have a common risk and control framework or foundation that is used today across the company?

– Is there disagreement or conflict about a decision/choice or course of action to be taken?

– Do you adapt ITRM processes to align with business strategies and new business changes?

– How does your company report on its information and technology risk assessment?

– What information (both incoming and outgoing) is required by the organization?

– Can highly-effective IT Risk Management programs ever eliminate IT Risk?

– Who performs your companys information and technology risk assessments?

– Do you actively monitor regulatory changes for the impact of ITRM?

– Does the board have a manual and operating procedures?

– What will we do if something does go wrong?

– What is the Risk Management Process?

Certified Information Systems Auditor Critical Criteria:

Exchange ideas about Certified Information Systems Auditor tactics and pay attention to the small things.

– In a project to restructure IT Risk Management outcomes, which stakeholders would you involve?

– How important is IT Risk Management to the user organizations mission?

– How do we keep improving IT Risk Management?

ISO/IEC 15408 Critical Criteria:

Discourse ISO/IEC 15408 issues and raise human resource and employment practices for ISO/IEC 15408.

– How do we Improve IT Risk Management service perception, and satisfaction?

– What are the Key enablers to make this IT Risk Management move?

Committee of Sponsoring Organizations of the Treadway Commission Critical Criteria:

Meet over Committee of Sponsoring Organizations of the Treadway Commission strategies and clarify ways to gain access to competitive Committee of Sponsoring Organizations of the Treadway Commission services.

– Have the types of risks that may impact IT Risk Management been identified and analyzed?

– Do we have past IT Risk Management Successes?

Common Vulnerabilities and Exposures Critical Criteria:

Chat re Common Vulnerabilities and Exposures results and diversify by understanding risks and leveraging Common Vulnerabilities and Exposures.

– Are there any easy-to-implement alternatives to IT Risk Management? Sometimes other solutions are available that do not require the cost implications of a full-blown project?

Security risk Critical Criteria:

Analyze Security risk governance and correct better engagement with Security risk results.

– Are you aware of anyone attempting to gain information in person, by phone, mail, email, etc., regarding the configuration and/or cyber security posture of your website, network, software, or hardware?

– What kind of guidance do you follow to ensure that your procurement language is both specific and comprehensive enough to result in acquiring secure components and systems?

– How do we end up with a world where we do not have Cybersecurity have and have nots?

– Do governance and risk management processes address Cybersecurity risks?

– Are individuals specifically assigned Cybersecurity responsibility?

– How do you assess vulnerabilities to your system and assets?

– What performance requirements do you want from the company?

– What needs to happen for improvement actions to take place?

– Do your recovery plans incorporate lessons learned?

ISO/IEC 27005 Critical Criteria:

Adapt ISO/IEC 27005 visions and catalog what business benefits will ISO/IEC 27005 goals deliver if achieved.

– Does IT Risk Management systematically track and analyze outcomes for accountability and quality improvement?

– What will drive IT Risk Management change?

Security service Critical Criteria:

Dissect Security service decisions and oversee Security service management by competencies.

– If a back door exit was used to circumvent an attack, do the attackers now know of such a back door, and thus should a new back door be constructed?

– Is there an information classification program that specifies different levels of security based on the nature of a given information asset?

– Is your privacy policy posted on your website and made available to your customers prior to them providing personal information?

– If Data and/or Private Information is not in electronic form, what precautions are taken to ensure its security?

– Do you have written guidelines for your use of social media and its use by your employees?

– What percentage of revenues is generated from services provided by sub-contractors?

– Does the it security services guide recommend outsourcing it security services?

– Do you have a process for monitoring, approving and removing content?

– Are there any industry based standards that you follow?

– Does your company have an information security officer?

– Who has authority to commit the applicant to contracts?

– Do you require sub-contractors to carry E&O insurance?

– Who has a role in the IT security service life cycle?

– Do you have a dedicated security officer/manager?

– What is the average contract value and duration?

– What is the it security service life cycle?

– Do you allow remote access to your system?

– Are contingencies and disasters covered?

– Prioritising waiting lists: How and why?

– Indemnification Clause to your benefit?

Professional association Critical Criteria:

Frame Professional association strategies and grade techniques for implementing Professional association controls.

– Have you identified your IT Risk Management key performance indicators?

Software Engineering Institute Critical Criteria:

Exchange ideas about Software Engineering Institute issues and drive action.

– How will you know that the IT Risk Management project has been successful?

– Who needs to know about IT Risk Management ?

Risk assessment Critical Criteria:

Discourse Risk assessment adoptions and oversee Risk assessment management by competencies.

– Is the risk assessment approach defined and suited to the ISMS, identified business information security, legal and regulatory requirements?

– Does the risk assessment approach helps to develop the criteria for accepting risks and identify the acceptable level risk?

– Are standards for risk assessment methodology established, so risk information can be compared across entities?

– Does the process include a BIA, risk assessments, Risk Management, and risk monitoring and testing?

– How frequently, if at all, do we conduct a business impact analysis (bia) and risk assessment (ra)?

– What operating practices represent major roadblocks to success or require careful risk assessment?

– Think of your IT Risk Management project. what are the main functions?

– Do you use any homegrown IT system for ERM or risk assessments?

– How are risk assessment and audit results communicated to executives?

– Are regular risk assessments executed across all entities?

– Do you use any homegrown IT system for ERM or risk assessments?

– Are regular risk assessments executed across all entities?

– Do you use any homegrown IT system for risk assessments?

– Are risk assessments at planned intervals reviewed?

Chief information officer Critical Criteria:

Collaborate on Chief information officer tasks and summarize a clear Chief information officer focus.

– How do we make it meaningful in connecting IT Risk Management with what users do day-to-day?

Security policy Critical Criteria:

Incorporate Security policy planning and find answers.

– Does mgmt communicate to the organization on the importance of meeting the information security objectives, conforming to the information security policy and the need for continual improvement?

– Is there an information security policy to provide mgmt direction and support for information security in accordance with business requirements, relevant laws and regulations?

– Does this review include assessing opportunities for improvement, need for changes to the ISMS, review of information security policy & objectives?

– Under what assumptions do we use to provide the number of hours that will be used for the security policy reviews?

– Does your company have a current information security policy that has been approved by executive management?

– Does our company have a Cybersecurity policy, strategy, or governing document?

– Is your security policy reviewed and updated at least annually?

– Is an organizational information security policy established?

– What are the usability implications of IT Risk Management actions?

– Is the Cybersecurity policy reviewed or audited?

Intangible asset Critical Criteria:

Cut a stake in Intangible asset engagements and visualize why should people listen to you regarding Intangible asset.

– How do we maintain IT Risk Managements Integrity?

CIA triad Critical Criteria:

Focus on CIA triad visions and revise understanding of CIA triad architectures.

– What sources do you use to gather information for a IT Risk Management study?

National Information Assurance Training and Education Center Critical Criteria:

Huddle over National Information Assurance Training and Education Center outcomes and ask what if.

– Will IT Risk Management deliverables need to be tested and, if so, by whom?

– What are the business goals IT Risk Management is aiming to achieve?

Incident management Critical Criteria:

Group Incident management results and describe which business rules are needed as Incident management interface.

– Who will be responsible for making the decisions to include or exclude requested changes once IT Risk Management is underway?

– Which processes other than incident management are involved in achieving a structural solution ?

– In which cases can CMDB be usefull in incident management?

– How is the value delivered by IT Risk Management being measured?

– What are the long-term IT Risk Management goals?

– What is a primary goal of incident management?

Gramm–Leach–Bliley Act Critical Criteria:

Jump start Gramm–Leach–Bliley Act risks and look at it backwards.

– Where do ideas that reach policy makers and planners as proposals for IT Risk Management strengthening and reform actually originate?

– Think about the functions involved in your IT Risk Management project. what processes flow from these functions?

– Does IT Risk Management analysis show the relationships among important IT Risk Management factors?

National Security Critical Criteria:

Boost National Security engagements and diversify disclosure of information – dealing with confidential National Security information.

– Do we aggressively reward and promote the people who have the biggest impact on creating excellent IT Risk Management services/products?

Computer security Critical Criteria:

Focus on Computer security visions and display thorough understanding of the Computer security process.

– Does your company provide end-user training to all employees on Cybersecurity, either as part of general staff training or specifically on the topic of computer security and company policy?

– Will the selection of a particular product limit the future choices of other computer security or operational modifications and improvements?

– How likely is the current IT Risk Management plan to come in on schedule or on budget?

– What about IT Risk Management Analysis of results?

Business process Critical Criteria:

Tête-à-tête about Business process leadership and find out.

– Have the segments, goals and performance objectives been translated into an actionable and realistic target business and information architecture expressed within business functions, business processes, and information requirements?

– What is the importance of knowing the key performance indicators KPIs for a business process when trying to implement a business intelligence system?

– Are interruptions to business activities counteracted and critical business processes protected from the effects of major failures or disasters?

– Has business process Cybersecurity has been included in continuity of operations plans for areas such as customer data, billing, etc.?

– When conducting a business process reengineering study, what should we look for when trying to identify business processes to change?

– Do you design data protection and privacy requirements into the development of your business processes and new systems?

– Do the functional areas need business process integration (e.g., order entl. billing, or Customer Service)?

– If we process purchase orders; what is the desired business process around supporting purchase orders?

– Do changes in business processes fall under the scope of change management?

– What would Eligible entity be asked to do to facilitate your normal business process?

– What business process supports the entry and validation of the data?

– How do we improve business processes and how do we deliver on that?

– What/how are business processes defined?

– What is the business process?

Secure coding Critical Criteria:

Deliberate over Secure coding issues and stake your claim.

– What are your most important goals for the strategic IT Risk Management objectives?

– Do IT Risk Management rules make a reasonable demand on a users capabilities?

Information technology Critical Criteria:

Check Information technology planning and finalize specific methods for Information technology acceptance.

– How do your measurements capture actionable IT Risk Management information for use in exceeding your customers expectations and securing your customers engagement?

– If a survey was done with asking organizations; Is there a line between your information technology department and your information security department?

– How does new information technology come to be applied and diffused among firms?

– The difference between data/information and information technology (it)?

– When do you ask for help from Information Technology (IT)?

Risk factor Critical Criteria:

Drive Risk factor issues and reduce Risk factor costs.

– Do we monitor the IT Risk Management decisions made and fine tune them as they evolve?

– Risk factors: what are the characteristics of IT Risk Management that make it risky?

– Do we all define IT Risk Management in the same way?

– How can you mitigate the risk factors?

Physical security Critical Criteria:

Apply Physical security decisions and find out.

– Are information security policies, including policies for access control, application and system development, operational, network and physical security, formally documented?

– Does your Cybersecurity plan contain both cyber and physical security components, or does your physical security plan identify critical cyber assets?

– Has Cybersecurity been identified in the physical security plans for the assets, reflecting planning for a blended cyber/physical attack?

– Secured Offices, Rooms and Facilities: Are physical security for offices, rooms and facilities designed and applied?

– Is the security product consistent with physical security and other policy requirements?

– How can you measure IT Risk Management in a systematic way?

Vulnerability assessment Critical Criteria:

Canvass Vulnerability assessment decisions and proactively manage Vulnerability assessment risks.

– Does your organization perform vulnerability assessment activities as part of the acquisition cycle for products in each of the following areas: Cybersecurity, SCADA, smart grid, internet connectivity, and website hosting?

– At what point will vulnerability assessments be performed once IT Risk Management is put into production (e.g., ongoing Risk Management after implementation)?

– At what point will vulnerability assessments be performed once the system is put into production (e.g., ongoing risk management after implementation)?

– Has your organization conducted a cyber risk or vulnerability assessment of its information systems, control systems, and other networked systems?

– Do you have an internal or external company performing your vulnerability assessment?

– Are we making progress? and are we making progress as IT Risk Management leaders?

Qualitative research Critical Criteria:

Test Qualitative research tactics and handle a jump-start course to Qualitative research.

– What is the total cost related to deploying IT Risk Management, including any consulting or professional services?

Information security Critical Criteria:

Check Information security tactics and spearhead techniques for implementing Information security.

– Is the software and application development process based on an industry best practice and is information security included throughout the software development life cycle (sdlc) process?

– Is a risk treatment plan formulated to identify the appropriate mgmt action, resources, responsibilities and priorities for managing information security risks?

– Do suitable policies for the information security exist for all critical assets of the value added chain (indication of completeness of policies, Ico )?

– Is the documented Information Security Mgmt System (ISMS) established, implemented, operated, monitored, reviewed, maintained and improved?

– Do suitable policies for the information security exist for all critical assets of the value added chain (degree of completeness)?

– Are we requesting exemption from or modification to established information security policies or standards?

– What information security and privacy standards or regulations apply to the cloud customers domain?

– Does your organization have a chief information security officer (CISO or equivalent title)?

– Are information security policies reviewed at least once a year and updated as needed?

– How to achieve a satisfied level of information security?

– Is information security managed within the organization?

– What is the goal of information security?

– How much does IT Risk Management help?

Risk appetite Critical Criteria:

Test Risk appetite decisions and finalize the present value of growth of Risk appetite.

– How do we revise the risk appetite statement so that we can link it to risk culture, roll it out effectively to the business units and bring it to life for them. How do we make it meaningful in connecting it with what they do day-to-day?

– Consider your own IT Risk Management project. what types of organizational problems do you think might be causing or affecting your problem, based on the work done so far?

– Is there a clearly defined IT risk appetite that has been successfully implemented?

– Risk appetite: at what point does the risk become unacceptable?

IT Baseline Protection Catalogs Critical Criteria:

Use past IT Baseline Protection Catalogs projects and budget for IT Baseline Protection Catalogs challenges.

Zero-day attack Critical Criteria:

Match Zero-day attack projects and look in other fields.

– Marketing budgets are tighter, consumers are more skeptical, and social media has changed forever the way we talk about IT Risk Management. How do we gain traction?

– What are the top 3 things at the forefront of our IT Risk Management agendas for the next 3 years?

Information security management system Critical Criteria:

Generalize Information security management system visions and document what potential Information security management system megatrends could make our business model obsolete.

– What vendors make products that address the IT Risk Management needs?

Chief information security officer Critical Criteria:

Collaborate on Chief information security officer management and overcome Chief information security officer skills and management ineffectiveness.

– Among the IT Risk Management product and service cost to be estimated, which is considered hardest to estimate?

– Have all basic functions of IT Risk Management been defined?


This quick readiness checklist is a selected resource to help you move forward. Learn more about how to achieve comprehensive insights with the IT Risk Management Automation Self Assessment:


Author: Gerard Blokdijk

CEO at The Art of Service | http://theartofservice.com



Gerard is the CEO at The Art of Service. He has been providing information technology insights, talks, tools and products to organizations in a wide range of industries for over 25 years. Gerard is a widely recognized and respected information expert. Gerard founded The Art of Service consulting business in 2000. Gerard has authored numerous published books to date.

External links:

To address the criteria in this checklist, these selected resources are provided for sources of further research and information:

IT Risk Management External links:

Magic Quadrant for IT Risk Management Solutions

Home | IT Risk Management

What is IT Risk Management? – Definition from Techopedia

Laptop theft External links:

[PDF]Survey: IT Security & Laptop Theft

Risk analysis External links:

Full Monte Project Risk Analysis from Barbecana

Risk Analysis | Investopedia

Project Management and Risk Analysis Software | Safran

Single loss expectancy External links:

Single Loss Expectancy – Risky Thinking

SLE abbreviation stands for Single Loss Expectancy

Homeland Security Department External links:

[PDF]Department of Homeland Security Department of …

Federal Register :: Agencies – Homeland Security Department


Standard of Good Practice External links:



Decision theory External links:

decision theory | statistics | Britannica.com

Decision Theory Flashcards | Quizlet

Decision theory (Book, 2006) [WorldCat.org]

IT risk External links:

Magic Quadrant for IT Risk Management Solutions

Penetration test External links:

338 lapua VS. 45-70 Metal Penetration Test – YouTube

[PDF]Standard Penetration Test Driller’s / Operator’s …

Standard Test Method for Standard Penetration Test …

Risk scenario External links:

[PDF]High Risk Scenario – National Weather Service

Risk Scenario – 4258 Words | Bartleby

An IT risk risk scenario is a description of an IT related event that can lead to a business impact, when and if it should occur. Risk factors can also be interpreted as causal factors of the scenario that is materialising, or as vulnerabilities or weaknesses.
http://Reference: en.wikipedia.org/wiki/Risk_factor_(computing)

Risk management External links:

Risk Management Job Titles | Enlighten Jobs

Education Risk Management | Edu Risk Solutions

Risk Management Jobs – Apply Now | CareerBuilder

Security controls External links:

CIS Top 20 Critical Security Controls Solutions | Rapid7

Business continuity External links:

Business Continuity Associate – DTCC Careers

Real options valuation External links:

Downloads – Real Options Valuation

[PDF]Real Options Valuation of US Federal Renewable …

Real Options Valuation, Inc. – Home | Facebook

Data in transit External links:

Physical Security for Data in Transit – TCDI

Quantitative research External links:

Quantitative Research Title | Statistics | Survey Methodology

Format for a quantitative research article – Epi Result

Enterprise risk management External links:

ERM Software | Enterprise Risk Management & GRC …

[PDF]Guide to Enterprise Risk Management – Office of The …

Riskonnect: Integrated Enterprise Risk Management …

Factor Analysis of Information Risk External links:

ITSecurity Office: FAIR (Factor Analysis of Information Risk)

Factor Analysis of Information Risk | Bigueur’s Blogosphere

ISO/IEC 13335 External links:

IS/ISO/IEC 13335-1: Information Technology – Internet Archive

TIK IT Risk Framework External links:

TIK IT Risk Framework Topics – Revolvy
https://www.revolvy.com/topic/TIK IT Risk Framework&stype=topics

Full disclosure External links:

Full Disclosure | Videos | Suits | USA Network

Full Disclosure – Forbes

Full Disclosure | National Review

Business continuity plan External links:

Clients – Business Continuity Plan | Summit

Small Firm Business Continuity Plan Template | FINRA.org

How to Build a Business Continuity Plan | Inc.com

Information risk management External links:

Risk Management – information risk management

netlogx – Information Risk Management Services

Information Risk Management – CEB

IT Risk Management External links:

Magic Quadrant for IT Risk Management Solutions

IT Risk Management and Compliance Solutions | Telos

Home | IT Risk Management

Certified Information Systems Auditor External links:

Certified Information Systems Auditor Exam – ExamMatrix

ISO/IEC 15408 External links:


Common Vulnerabilities and Exposures External links:

[PDF]DRAFT Common Vulnerabilities and Exposures …

Common Vulnerabilities and Exposures – Official Site

Common Vulnerabilities and Exposures (CVE)

Security risk External links:

Security Risk (eBook, 2011) [WorldCat.org]

Security Risk (1954) – IMDb

ISO/IEC 27005 External links:

ISO/IEC 27005 risk management standard

Iso/iec 27005
http://At around 70 pages, ISO/IEC 27005 is a heavyweight standard although the main part is just 26 pages, the rest being mostly annexes with examples and further information for users. The standard doesn’t specify, recommend or even name any specific risk management method.

Security service External links:

Toyota Enterprise Security Service – Login

Central Security Service (CSS) – National Security Agency

myBranch Online Banking Log In | Security Service

Professional association External links:

Directory – Professional Association Of Wisconsin …

Software Engineering Institute External links:


48 Software Engineering Institute reviews. A free inside look at company reviews and salaries posted anonymously by employees.

Software Engineering Institute | Carnegie Mellon University

Risk assessment External links:

The Risk Assessment Information System

[PDF]Deliberate Risk Assessment Worksheet – United …

Risk Assessment : OSH Answers

Chief information officer External links:

Home | Office of the Chief Information Officer

Office of the Chief Information Officer | Department of Energy

Office of the Chief Information Officer

Security policy External links:

Event Log Policy Settings: Security Policy

Security Policy | PA.GOV

Local Security Policy – technet.microsoft.com

Intangible asset External links:

What is an intangible asset? | AccountingCoach

What is Intangible Asset? definition and meaning

Intangible Asset (IA) Specialty Program

CIA triad External links:

CIA Triad « CIPP Guide

CIA Triad of Cybersecurity – InfoSec Resources

CIA Triad of Information Security – Techopedia.com

Incident management External links:

Enterprise Incident Management

IS-700.A National Incident Management System (NIMS), …

Incident Management Team professional development …

National Security External links:

Jobs | Champion National Security, Inc. | Read More

National Security Articles – Breitbart

Y-12 National Security Complex – Official Site

Computer security External links:

Naked Security – Computer Security News, Advice and …

Computer Security (Cybersecurity) – The New York Times

Introduction to Computer Security

Business process External links:

Infosys BPM – Business Process Management | BPM …

Onshore credit to cash business process outsourcing

Business Process Outsourcing | BPO | DATAMARK, Inc.

Secure coding External links:

SEI CERT Coding Standards – Secure Coding – Confluence

Secure Coding | The CERT Division

Information technology External links:

Rebelmail | UNLV Office of Information Technology (OIT)

Umail | University Information Technology Services

SOLAR | Division of Information Technology

Risk factor External links:

[PDF]Behavioral Risk Factor Surveillance System


Physical security External links:

[PDF]Audit of the SEC’s Physical Security Program

Qognify: Big Data Solutions for Physical Security & …


Vulnerability assessment External links:

Vulnerability Assessment page – dot.ca.gov

Qualitative research External links:

In-context insights via remote qualitative research | dscout


[PDF]Quantitative Versus Qualitative Research, or Both?

Information security External links:


Federal Information Security Management Act of 2002 – NIST

ALTA – Information Security

Risk appetite External links:

Risk Appetite – Enterprise Risk Management Initiative

What is risk appetite? – Definition from WhatIs.com

Property Large Limits Insurance Risk Appetite | AIG US

IT Baseline Protection Catalogs External links:

IT Baseline Protection Catalogs | 21×9.org

Zero-day attack External links:

Zero-Day Attack Examples – WatchPoint Security Blog

What is Zero-Day Attack?| How to prevent Zero Day Exploits

SandBlast Zero-Day Attack Protection | Check Point …

Information security management system External links:

ISO 27001 | ISMS Information Security Management System

ISO 27001 (Information Security Management System – …

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