Enterprise Risk Assessment Program

Establish an enterprise-wide risk assessment methodology and program to identify, assess, and manage information security and privacy risks across the organization.

• •Development of risk assessment methodology aligned with ISO 31000 and NIST CSF
• •Creation of risk register and risk acceptance criteria
• •Implementation of quantitative and qualitative risk analysis approaches
• •Risk assessment workshops with business units
• •Integration with enterprise risk management framework
• •Development of risk treatment planning process
• •Implementation of risk monitoring and reporting mechanisms

• •Conducted risk assessments for 25+ critical business processes
• •Identified and documented 150+ information security and privacy risks
• •Developed risk treatment plans for all high and critical risks
• •Reduced high and critical risks by 65% through targeted controls implementation
• •Established quarterly risk review process with executive leadership
• •Improved risk awareness across the organization through workshop participation
• •Successfully integrated information security risks into enterprise risk management program

• •Early stakeholder engagement is critical for successful GRC initiatives to ensure buy-in and alignment with business objectives.
• •A risk-based approach allows for more efficient resource allocation and prioritization of activities.
• •Regular communication of progress and value helps maintain executive support and program momentum.
• •Integration with existing business processes is essential for sustainable GRC programs.
• •Measuring and demonstrating value through metrics and KPIs is crucial for long-term program success.