IT Security and Risk Management
In today's age, security is a primary concern for any corporate. KTL's solutions will help you plan, build and maintain a successful Security Risk Management program.
Our risk management process illustrates how a program provides a consistent path for organizing the available resources to manage risk across an organization, which is cost-effective. It begins with laying a foundation for the process by reviewing the different ways that organizations have approached Security Risk Management in the past.
Security Risk Management
This involves analyzing the risk management process for effectiveness and verifying that the controls are providing the expected degree of protection.
KTL's solutions are industry-accepted standards for managing security risk. It is an example of our commitment to deliver quality guidance and to help customers secure their Information Technology (IT) infrastructure.
The three Phases of the KTL's Security Risk Management Process are:
- Assessing Risk:
The Risk Assessing phase represents a formal process to identify and prioritize risks across the organization. 
Identifying and prioritizing risks to the business:
The Risk Assessing phase represents a formal process to identify and prioritize risks across the organization.
The KTL Security Risk Management process provides detailed direction on performing risk assessments and breaks down the "Assessing Risk" phase into the following three steps:
- Planning - Building the foundation for a successful risk assessment.
- Facilitated data gathering - Collecting risk information through facilitated risk discussions.
- Risk prioritization - Ranking identified risks in a consistent and repeatable process.
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- Conducting Decision Support:
The decision support process includes identifying and evaluating control solutions based on a defined cost-benefit analysis with defined roles and responsibilities across organizational boundaries.
Defining roles and responsibilities across organizational boundaries:
The cost-benefit analysis provides a consistent, comprehensive structure for identifying, scoping, and selecting the most effective mitigation solution to reduce risk to an acceptable level
Similar to the risk assessment process, the cost-benefit analysis requires strict role definition in order to operate effectively.
The six steps of the Conducting Decision Support phase are:
- Define functional requirements
- Select control solutions
- Review solutions against requirements
- Estimate the degree of risk reduction that each control provides
- Estimate costs of each solution
- Select risk mitigation strategy.
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- Implementing Controls and Measuring Program Effectiveness:
During this phase, the Mitigation Owners employ the controls that were specified during the previous phase.
Deploying and operating control solutions to reduce risk to the business:
Mitigation Owners seek a holistic approach when implementing control solutions in the Microsoft Security Risk Management phase.
We consider the entire Information Technology (IT) system, the entire business unit, or even the entire enterprise when we create the plans for acquiring and deploying mitigation solutions. |
