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GUIDE TO CONDUCTING CYBERSECURITY RISK …

GUIDE TO CONDUCTING CYBERSECURITY RISK assessment FOR critical information INFRASTRUCTURE DECEMBER 2019 GUIDE to CONDUCTING CYBERSECURITY Risk assessment for critical information Infrastructure Dec 2019 1 CONTENTS 1 INTRODUCTION .. 2 Importance of CYBERSECURITY Risk assessment .. 2 Common Problems Observed .. 2 2 PURPOSE, AUDIENCE & SCOPE .. 4 Purpose of Document .. 4 Audience & Scope .. 4 3 ESTABLISH RISK CONTEXT .. 5 Define Risk .. 5 Determine Risk Tolerance .. 6 Define Roles and Responsibilities .. 7 4 CONDUCT RISK assessment .. 8 Step 1: Risk Identification .. 8 Step 2: Risk Analysis .. 11 Step 3: Risk Evaluation .. 16 5 RESPOND TO risks .. 18 Types of Risk Response Options .. 18 Choosing the Appropriate Risk Response Actions .. 19 6 REFERENCES .. 20 ANNEX .. 21 Summary of Expectations for CIIOs .. 21 GUIDE to CONDUCTING CYBERSECURITY Risk assessment for critical information Infrastructure Dec 2019 2 1 INTRODUCTION Importance of CYBERSECURITY Risk assessment With rapid advancement in technology, shifting cyber threat landscape and increased digitalisation, organisations may be exposing themselves to greater CYBERSECURITY risks that may potentially have an adverse impact to their organisation and business objectives.

Guide to Conducting Cybersecurity Risk Assessment for Critical Information Infrastructure – Dec 2019 4 2 PURPOSE, AUDIENCE & SCOPE 2.1 Purpose of Document The purpose of this document is to provide guidance to Critical Information Infrastructure Owners (CIIOs) on how to perform a proper cybersecurity risk assessment.

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  Assessment, Information, Critical, Infrastructures, Risks, Conducting, Cybersecurity, To conducting cybersecurity risk, To conducting cybersecurity risk assessment for critical information infrastructure

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