Develop and Conduct Threat and Risk Assessments

IT departments are tasked with implementing new projects or initiatives, but are often unsure how to assess the risk with these.
Often, stakeholders will have an informal discussion regarding any risks and make a final decision based on that.

Our Advice

Critical Insight

Informal, ad hoc discussions do not allow for informed risk assessments, which can affect how the organization as a whole manages risk.
Even for companies looking to adopt formal risk management, there are numerous frameworks and assessment techniques that offer best-practice advice but no clear methodology on how to complete a threat and risk assessment.
When evaluating risk, standardize your risk assumptions. There will be a need to establish clear definitions for frequency and impact of potential threats, and this will be useful across future risk assessments and across your risk environment.

Impact and Result

Use Info-Tech’s risk assessment methodology to quantifiably evaluate the threat severity for any new or existing project.
Determine the scope of the assessment and build frequency and impact definitions in order to have a repeatable process.
Make informed risk treatment decisions based on the results – whether to accept, transfer, mitigate, or terminate the risk.
Connect your threat and risk assessment results to your wider risk management program. Doing this can inform the organization as to the macro level of risk that it faces.

Develop and Conduct Threat and Risk Assessments Research & Tools

Start here – read the Executive Brief

Read our concise Executive Brief to find out why you should develop and conduct threat and risk assessments, review Info-Tech’s methodology, and understand the four ways we can support you in completing this project.

Develop and Conduct Threat and Risk Assessments – Executive Brief

1. Define the scope

Identify which assets and data types are within scope of your assessment, and determine your risk tolerance level.

2. Conduct the risk assessment

Define frequency and impact rankings, and then assess the risk of your project.

3. Communicate and manage results

Determine what risk decisions need to be made.

About Info-Tech

Info-Tech Research Group is the world’s fastest-growing information technology research and advisory company, proudly serving over 30,000 IT professionals.

We produce unbiased and highly relevant research to help CIOs and IT leaders make strategic, timely, and well-informed decisions. We partner closely with IT teams to provide everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.

What Is a Blueprint?

A blueprint is designed to be a roadmap, containing a methodology and the tools and templates you need to solve your IT problems.

Each blueprint can be accompanied by a Guided Implementation that provides you access to our world-class analysts to help you get through the project.