ABSTRACT

Although there are numerous risk management methodologies, the one I like to use is the one explained in the National Institute of Standards and Technology (NIST) Special Publication 800-30, “Risk Management Guide to Information Technology Systems.” The next section will detail the steps involved in setting up a risk management system, how to conduct a risk assessment, and how to track mitigation efforts. This section will provide a practical guide with detailed examples that you can utilize right away to implement or maintain your risk management efforts.