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What Is Risk Management?

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However, risk management is an umbrella term that accounts for a number of more granular activities. Let’s examine risk management as the sum of the following parts: Enterprise Risk Management (ERM) : Effectively assessing , mitigating and monitoring activities as you uncover critical risks across your entire enterprise.

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ISO 27001 Requirements Checklist: Steps and Tips for Implementation

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Be aware, however, that certification is evaluated and granted by an independent third party that conducts the certification audit. Once the ISO 27001 audit is complete, the auditor gives the organization a Statement of Applicability (SOA) summarizing its position on all security controls. Communications Security, Annex A.13