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  1. Frameworks
  2. >C2M2
  3. >Risk Management
  4. >Risk Management - Objective 3
  5. >C2M2-RISK-3A
C2M2-RISK-3AActive

Cyber risks are prioritized based on estimated impact, at least in an ad hoc manner

Statement

Cyber risks are prioritized based on estimated impact, at least in an ad hoc manner

Location

Domain
Risk Management
Objective
Risk Management - Objective 3

Practice Details

Identifier
C2M2-RISK-3A
Domain
Risk Management
Objective
Objective 3
Maturity Level
MIL-1

Help Text

Potential impact to the organization of identified risks should be evaluated and used to prioritize cyber risks. A higher priority cyber risk should receive greater attention when determining potential mitigations or responses. Prioritization should focus on criteria deemed important to the enterprise such as safety impacts, operational impacts, and financial impacts (e.g., cost of recovery, potential cost of downtime or lost data). Prioritization may use qualitative methods to indicate relative impact level (e.g., High, Medium, Low).

Related Practices · Progression: This practice is part of a practice progression. Practice progressions are groups of related practices that represent increasingly complete or more advanced implementations of an activity. The practices in this progression include: RISK-3a, RISK-3b.

AESCSF
AESCSF-RISK-3aequivalentvia derived-shared-practice-structure
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← Back to Risk Management - Objective 3
Risk Management - Objective 37 controls
C2M2-RISK-3ACyber risks are prioritized based on estimated impact, at least in an ad hoc mannerC2M2-RISK-3BDefined criteria are used to prioritize cyber risks (for example, impact to the organization, impact to the community, likelihood, susceptibility, risk tolerance)C2M2-RISK-3CA defined method is used to estimate impact for higher priority cyber risks (for example, comparison to actual events, risk quantification)C2M2-RISK-3DDefined methods are used to analyze higher priority cyber risks (for example, analyzing the prevalence of types of attacks to estimate likelihood, using the results of controls assessments to estimate susceptibility)C2M2-RISK-3EOrganizational stakeholders from appropriate operations and business functions participate in the analysis of higher priority cyber risksC2M2-RISK-3FCyber risks are removed from the risk register or other artifact used to document and manage identified risks when they no longer require tracking or responseC2M2-RISK-3GCyber risk analyses are updated periodically and according to defined triggers, such as system changes, external events, and information from other model domains