NIST SP 800-30, “Guide for Conducting Risk Assessments” is an excellent, in-depth, highly structured approach and roadmap for conducting a comprehensive risk assessment as part of an organization’s overall risk management process. In today’s growing world of risks, an annual risk assessment is not only a requirement for many of today’s regulatory compliance mandates - it just makes sense from a best practices perspective.
As for NIST SP 800-30, “Guide for Conducting Risk Assessments”, the documents discusses the fundamentals and overall process of conducting risk assessments, providing a detailed, step-by-step approach to be used by any organization, regardless of size, location, industry or business sector. And as with all NIST publications SP 800-30 has been thoroughly reviewed, vetted, and approved by a consortium of industry thought leaders, ultimately making it an invaluable tool for conducting risk assessments as part of one’s overall risk management process – which again – should be done annually, at a minimum.
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NIST SP 800-30 | Four Primary Categories for Risk Management
Specifically, NIST SP 800-30 details in great detail the following process for risk assessments:
- Prepare for assessment
- Conduct assessment
- Communicate results
- Maintain assessment
Additionally, within each of these above four (4) categories are numerous sub-categories and sections that further detail the risk assessment processes to be undertaken. The document is available to the general public and free to use, just like all of the NIST SP documents.
Industry Leading Risk Assessment Template Available for Download
Flat Iron Technologies, LLC, a global provider of industry leading, high-quality operational, business specific, and information security documents offers a comprehensive risk assessment template included within its Global Information Security Compliance Packet (GISCP) set of documents, which is available for immediate download. You’ll receive an industry leading risk assessment template, one based on best practices that includes NIST provisions, along with hundreds of other high-quality, professionally developed operational, business specific, and information security policies, procedures, forms, checklists, templates, provisioning and hardening documents, and more.