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Information Risk Management Flow

Information Risk Management Flow
Overview
Difficulty
Intermediate
Duration
40m
Students
10
Ratings
5/5
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Description

This course is one of four courses covering Domain 1 of the CSSLP. This course explores the topic of risk management.

Learning Objectives

The objectives of this course are to provide you with an understanding of:

  • Risk management problem space and management flow

  • Definitions, terminology, and types of risks

  • Control Categories and Functions

  • Cost-Benefit Assessment

  • General Risk Assessment Model

  • Overall Control Objectives

Intended Audience

This course is designed for those looking to take the Certified Secure Software Lifecycle Professional (CSSLP)​ certification.

Prerequisites

Any experience relating to information security would be advantageous, but not essential.  All topics discussed are thoroughly explained and presented in a way allowing the information to be absorbed by everyone, regardless of experience within the security field.

Feedback

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Transcript

So let's take a look at the information risk management flow. Starting in the upper left-hand corner of the diagram, we have the asset and the data owners. First we follow the arrow down to where it says the asset is valued by the asset or data owners who will also seek to minimize risk to that asset. To do so, they're going to impose safeguards and countermeasures that will reduce the risk and the safeguards and countermeasures themselves may also possess vulnerabilities.

Now, the vulnerabilities in return, is reduced by proper safeguards and countermeasures. Here off to the lower left, we have threat agents and the threats that they cause. The arrows then travel over to the asset to show that it is the thing at risk by a threat agent acting in an adverse way upon it. The threat agents cause the threats to materialize and that in turn, will exploit vulnerabilities and increase risk of damage ultimately to the asset.

So by following a diagram like this, following the flow, recognizing each one for its contribution to the overall understanding of the flow, we're better able to break down the various risk threat vulnerability contexts and see where we can have the most positive effect.

About the Author
Avatar
Ross Leo
Instructor
Students
3561
Courses
47
Learning Paths
6

Mr. Leo has been in Information System for 38 years, and an Information Security professional for over 36 years.  He has worked internationally as a Systems Analyst/Engineer, and as a Security and Privacy Consultant.  His past employers include IBM, St. Luke’s Episcopal Hospital, Computer Sciences Corporation, and Rockwell International.  A NASA contractor for 22 years, from 1998 to 2002 he was Director of Security Engineering and Chief Security Architect for Mission Control at the Johnson Space Center.  From 2002 to 2006 Mr. Leo was the Director of Information Systems, and Chief Information Security Officer for the Managed Care Division of the University of Texas Medical Branch in Galveston, Texas.

 

Upon attaining his CISSP license in 1997, Mr. Leo joined ISC2 (a professional role) as Chairman of the Curriculum Development Committee, and served in this role until 2004.   During this time, he formulated and directed the effort that produced what became and remains the standard curriculum used to train CISSP candidates worldwide.  He has maintained his professional standards as a professional educator and has since trained and certified nearly 8500 CISSP candidates since 1998, and nearly 2500 in HIPAA compliance certification since 2004.  Mr. leo is an ISC2 Certified Instructor.