1. Risk process with CSFaaS
Effective risk management is a multifaceted process that requires enterprises to:
Frame risk
Establish the context for risk-based decisions.
Assess risk
Identify and evaluate potential threats and vulnerabilities.
Respond to risk
Implement appropriate measures to address identified risks.
Monitor risk
Continuously track risk status through effective communication and feedback loops for improvement.
CSFaaS supports these steps by offering a robust framework that facilitates risk demand creation, risk assessment, response planning, and risk registration.
The platform also enables users to create and track remediation plans while providing tools to monitor progress at every stage of the workflow.
This integrated approach ensures organisations can maintain a proactive and efficient risk management process.
Source: NIST 800-161r1, p. 248 (Remove "C-SCRM" from titles as it applies to risk management generally).
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Frame risk
Assess risk
Respond to risk
Monitor risk
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