Process of identifying, assessing, and addressing risks to achieve organisational objectives.
Risk management is the systematic process of identifying potential risks, assessing their likelihood and impact, and implementing measures to address them. For information security, this means identifying threats to confidentiality, integrity, and availability; assessing which risks matter most; and implementing controls proportionate to the risk. Risk management is continuous—risks change as the environment evolves. Effective risk management enables informed decisions about where to invest security resources.
Why It Matters
The DSC Perspective:
Risk management ensures security investments address actual risks, not theoretical ones. It enables prioritisation and helps communicate with leadership about why specific controls matter.