IT risk management

Risk management elements

IT risk management is the application of risk management methods to information technology in order to manage IT risk. Various methodologies exist to manage IT risks, each involving specific processes and steps.[1]

An IT risk management system (ITRMS) is a component of a broader enterprise risk management (ERM) system.[2] ITRMS are also integrated into broader information security management systems (ISMS). The continuous update and maintenance of an ISMS is in turn part of an organisation's systematic approach for identifying, assessing, and managing information security risks.[3]

  1. ^ Katsicas, Sokratis K. (2009). "35". In Vacca, John (ed.). Computer and Information Security Handbook. Morgan Kaufmann Publications. Elsevier Inc. p. 605. ISBN 978-0-12-374354-1.
  2. ^ "ISACA THE RISK IT FRAMEWORK (registration required)" (PDF). Archived from the original (PDF) on 2010-07-05. Retrieved 2010-12-14.
  3. ^ Enisa Risk management, Risk assessment inventory, page 46