CISM Risk Stages #cism #risk #stages #analysis #identification #evaluation #management

cism_risk_stages.txt

Risk Identification
	- The first and most fundamental stage
    
Risk Analysis
	- Follows Identification
    - Structured process that involves identifying ways to achieve goals, anlyzing consequences and assessing the likelihood of hazardous events.
    
Risk Evaluation
	- Follows Analysis
    - Risks should be ranked and prioritized
    - Higher ratings for risks that can cause catastrophic loss
    
Incident Management
	- Some consider this most important stagae
    - A single event can be disasterous
    - To maintain good security, incidents must be identified and contained quickly