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How to assess and make business decisions about technology and information risks

This guidance is for those responsible for making decisions about technology and information risks on behalf of the business, which includes how risks 
April 6th 2016
This guidance is for those responsible for making decisions about technology and information risks on behalf of the business, which includes how risks
From CESG

What is risk?

What a risk is, and how it’s described, depends entirely on the context of the organisation which faces that risk, and on the biases of the individual assessing the risk.

In the context of wider business risk management, a risk is the potential for either harmful or positive outcomes to impact upon business objectives, including reputation. Organisations cannot develop without taking risks. Technology and information risk is not just about avoidance and mitigation; the pursuit and acceptance of risk create opportunities and can help deliver business objectives.

Having recognised this wider meaning, this guidance uses the word ‘risk’ to describe the potential for security harm to occur as a result of using technology and information to achieve business objectives.

It is important not to just think about risk in the context of the confidentiality, integrity and availability of technology and information. In addition to these, other things that the organisation values (eg its reputation) may be at risk and should also be taken into account.

See the link for further information and the attached file


Portable document format
Portable document format 207,72 KB
April 6th 2016 13:51

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