Gartner Research

Rethink Your Risk Assessment Lifecycle

Published: 24 October 2013

ID: G00339837

Analyst(s): Information Risk Research Team

Summary

Risk assessments—a core competency of Information Security—are deployed to support a variety of business and security goals, including identifying new or changed levels of risk, clarifying ownership over risk and risk mitigation activities, uncovering areas with inadequate controls, and quantifying and communicating risk levels to IT and business partners. The routine implementation of new laws affecting the enterprise and the rapid adoption of new technologies create a turbulent environment where organized, clearly articulated risk assessment processes are critical to risk management. Surprisingly few organizations have formalized their risk assessment lifecycles, despite this rapidly changing environment and its inherent threats.

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