Relationship Between Risk Analysis, Risk Assessment, And Risk Management (SP 800-30)

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Published 2021-04-03
In this video we discussed the relationship between Risk Analysis, Risk Assessment, and Risk Management as it relates to cybersecurity leveraging the NIST SP 800-30.

***Risk Analysis***: This is the practice of brainstorming and listing all the possible Threat Events that can occur within a system or a process.

***Risk Assessment***: This is the process of determining the likelihood of these risk factors occurring and their Impact to an organization and putting them in a report.
(This is all about measuring and prioritizing risks so that risk levels are management within defined tolerance thresholds without being overcontrolled or forgoing desirable opportunities).

***Risk Management***: This is the process of making and carrying out decisions that will minimize the adverse effects of risk on an organization. (The results of the risk assessment process then serve as the primary input to risk responses whereby response options are examined (accept, reduce, Transfer, or avoid), cost-benefit analyses performed, a response strategy formulated, and risk response plans developed.)

**LINK TO RISK ASSESSMENT REPORT TEMPLATE**
www.dcsa.mil/portals/91/documents/ctp/tools/Risk_A…


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All Comments (21)
  • I can't stop watching your videos? So detailed and explanatory Thank you, Prof Kamil
  • @JeanClaudeBrett
    Good morning KamilSec , just to thank you for your videos , particularly this video , it helped me a lot , no body on youtube was able to explain the Risk analysis, Risk assessment and Risk management in details as you have shown here - thank you very much
  • @jackieo7113
    Perfect! very crisp and clear - thanks for posting!!!!
  • @vinnyb7576
    This is exactly what I needed. Thank you for this video!
  • This is the first video that I have found that explains the RMF in a very clear and succinct way. Thank you so much! You are awesome!!!
  • @bsai3458
    Finally, I get it! You’re a very good teacher.
  • I’ve never commented on any YT videos, I just have to give you your flowers man. You the best THANK YOU!!!
  • @AJ-zf1uy
    You’re the best professor ever!!!🙏
  • @ageorge8174
    You are a very good teacher. And I appreciate your humility. Thank you for your hard work. LOVE IT!
  • @LV-yb8sz
    Best video I found. Thank you for creating it.
  • @user-uk4bw9hr7s
    Thanks so much Sir for breaking it down… An awesome presentation…