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Effective risk management is the key to any successful security management program. By reviewing and understanding your current risk posture and aligning the organisation against industry best practice and market security recommendations, you can implement a cost effective and simple risk management framework.

Every organisation has a unique risk profile and although it may be similar to others, their appeitate for risk as well as existing systems, data and threats changes for each client. An effective risk management program takes into account your current security posture and ensures that relevant processes, policies and frameworks have been implemented within the organisation.

Within the information security field, a number of teams talk "risk" or "technical risk". Although, this is important for an organisation to be successful, consideration for the true business risk that takes technical risk into account is needed. Although, something may have a high technical risk, it may present a low business risk to the organisation. With this in mind, it is important to consider both aspects, business and technical, as a part of any successful program.

Another side of risk management, often forgotten, is managing risk associated with data. Ultimately, organisations use security and systems to protect the data they use and maintain. An effective risk management needs to take into account the data held by the organisation and the effective cost/use of the data. This information is a critical part of any successful risk management strategy.

It's the age old story, don't protect a $1 piece of data with $1M worth of security. Having an effective risk management strategy ensures that things don't get out of control. By adopting this approach into your development of information systems and data, you can ensure the right level of protection is applied.

Appsecure works with our clients, aligning their business and technical risk with the implementation of security within their standards and guidelines, as well as on a per project basis.

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