Security Risk Management Aide Memoire is a document created to guide identifying, assessing, and mitigating security risks. This document aims to assist the Security Manager in understanding their responsibilities for managing security risk within an organization or group of organizations. They are not designed as stand-alone documents but instead should be used in conjunction with other Security Policies and Procedures.
What should I know about this?
It is a process that enables an organization to take a proactive approach towards identifying, assessing, and mitigating security risks. It should be viewed as a continuous cycle that incorporates information from other processes such as Incident Response & Reporting, Incident Handling, Business Continuity Planning, and Physical Security. The Security Manager has three primary responsibilities when it comes to managing security risk:
– Establishing measurable objectives for mitigating identified risks;
– Implementing appropriate controls within the context of available resources; and
– Monitoring those existing controls on an ongoing basis. Allocating sufficient time and effort to ensure these activities are appropriately assigned will help reduce potential threats/risks that could affect your business.
We hope this information has been helpful to you.