Cybersecurity Risk Management
Learn how to identify, assess, and mitigate cybersecurity risks with our comprehensive risk management framework, aligned with South African regulations and international standards.
Risk Management Process
Context Establishment
Define organizational objectives, risk criteria, and scope of risk management activities.
Risk Identification
Identify potential threats, vulnerabilities, and assets at risk.
Risk Analysis
Assess likelihood and impact of risks using qualitative or quantitative methods.
Risk Evaluation
Compare risks against risk criteria to prioritize mitigation efforts.
Risk Treatment
Implement controls to avoid, mitigate, transfer, or accept risks.
Monitoring & Review
Continuously monitor risks and update risk assessments.
Risk Assessment Template
| Asset | Threat | Vulnerability | Likelihood | Impact | Risk Level | Mitigation |
|---|---|---|---|---|---|---|
| Customer Database | Data Breach | Weak Encryption | High | Critical | High | Implement AES-256 encryption |
| Web Application | SQL Injection | Unpatched CMS | Medium | High | Medium | Apply latest patches |
Standards & Frameworks
- ISO 31000: Risk management principles and guidelines
- NIST SP 800-30: Guide for conducting risk assessments
- COBIT APO12: Managed Risk
- POPIA: Mandatory risk assessments for personal information processing