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What is an ISO 27001 risk assessment?
An ISO 27001 risk assessment intends to help an organization identify, analyze, and evaluate weaknesses in its information security processes and procedures.
A successful risk assessment process will help organizations:
- Identify and understand specific scenarios in which information, systems, or services could be compromised or affected
- Determine the likelihood or probable frequency with which these scenarios could occur
- Evaluate the impact each scenario could cause to the confidentiality, integrity, or availability of the information, systems, and services
- Rank risk scenarios based on overall risk to the organization’s objectives
To ensure an effective risk assessment, an organization will need to establish a risk management framework. This framework should be documented as a policy or procedure to ensure a consistent methodology when analyzing, communicating, and treating risks.
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Watch on-demand as Ashish Rajan, CISO at Kaizenteq (and host of the Cloud Security Podcast), and Faisal Khan, GRC Subject Matter Expert at Vanta have a tactical conversation on what it really takes to mature compliance, risk, and trust in the age of AI.
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Watch on-demand for a live demo that showcases Vanta’s Vendor Risk Management solution. Well share how we can help automate and streamline security reviews so that you can spend less time on repetitive work and more time strengthening your security posture.
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