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Certified Information Security Manager Exam Prep Guide - Second Edition

You're reading from  Certified Information Security Manager Exam Prep Guide - Second Edition

Product type Book
Published in Dec 2022
Publisher Packt
ISBN-13 9781804610633
Pages 718 pages
Edition 2nd Edition
Languages
Concepts
Author (1):
Hemang Doshi Hemang Doshi
Profile icon Hemang Doshi
LinkedIn
Hemang Doshi has more than 15 years of experience in the field of system audit, IT risk and compliance, internal audit, risk management, information security audit, third-party risk management, and operational risk management. He has authored several books for certification such as CISA, CRISC, CISM, DISA, and enterprise risk management.
See other products by Hemang Doshi

Table of Contents (12) Chapters

Preface 1. Enterprise Governance 2. Information Security Strategy 3. Information Risk Assessment 4. Information Risk Response 5. Information Security Program Development 6. Information Security Program Management 7. Information Security Infrastructure and Architecture 8. Information Security Monitoring Tools and Techniques 9. Incident Management Readiness 10. Incident Management Operations 11. Answers to Practice Questions

Risk Analysis

Risk analysis is the ranking of risks based on their impact on business processes. A risk with high impact is ranked higher and given priority when it comes to addressing risks. More resources are allocated to high-risk areas.

Risk analysis results help with the prioritization of risk responses and the allocation of resources.

Risk analysis is the process of rating all identified risks in order to prioritize them. Risks with the highest rating and impact are addressed first. Generally, the following techniques are used to rank risks:

  • Quantitative method
  • Qualitative method
  • Semi-quantitative method

The availability of the correct data for risk assessment is a major factor in determining which of the previously mentioned techniques is to be used. For instance, when a data source is trustworthy and dependable, an organization will prefer a quantitative risk assessment since it expresses risk in numerical terms, such as monetary value. The...

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Authors (1)

Profile icon Hemang Doshi
LinkedIn
Hemang Doshi has more than 15 years of experience in the field of system audit, IT risk and compliance, internal audit, risk management, information security audit, third-party risk management, and operational risk management. He has authored several books for certification such as CISA, CRISC, CISM, DISA, and enterprise risk management.
See other products by Hemang Doshi

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