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What is Risk Source

Navigating IT Governance for Resilient Organizations
An element, person, group of people, or organization likely to generate a risk. A source of risk can be characterized by its motivation, resources, skills, and (preferred) operating methods. Examples: State services, hacktivists, competitors, vengeful employees.
Published in Chapter:
Integrating Risk Management Frameworks Into IT Governance Strategies
Copyright: © 2024 |Pages: 44
DOI: 10.4018/979-8-3693-3431-7.ch008
Abstract
This study comprehensively analyzes three widely used risk management frameworks: NIST RMF, ISO 27005, and EBIOS RM. Through a detailed examination, the chapter explores their distinct features, commonalities, and practical applications. Emphasis is placed on the EBIOS RM method, illustrated through a case study involving financial aid management for disadvantaged students. The study highlights the strengths and weaknesses of each framework to aid organizations in selecting and customizing the most suitable framework for their specific needs. This analysis is valuable for practitioners, information security professionals, and researchers, offering best practices and guidance to enhance risk management strategies and achieve organizational objectives.
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