All compliance practitioners understand the need for risk assessments and do you know if you perform a simple Desktop Risk Assessment annually or more frequently while identifying and evaluating possible mishaps and consequences with a full worldwide risk assessment you ought to be in a sensible position to stay au fait with compliance problems.
“If you aim to perform an annual Desktop Risk Assessment with a full worldwide risk assessment every two years or so, you should be in a good position to keep abreast of compliance issues,” says Compliance week.
Scope of Desktop Risk Assessment
The scope of the Desktop Security Risk Assessment is to capture desktop activities in order to determine what and how information is being transmitted outside of your organization and shared internally bypassing the management of the network security policies.
Employees and also the Senior Management or the owner itself who all are permitted to access sensitive data sometimes unknowingly expose that information in emails while surfing the internet, a non-indented mouse click or maliciously take away or format the information by associating it with an external device.
Such simple, daily, and minor activities act for an invisible and gigantic security risk.
And, the challenging situation is that accessing the utilization of this information is taken into account a part of the job.
Desktop Risk Assessment Observations
Putting an eye on user behavior on the desktop allows the organization to change unreasonable and inappropriate behavior so that unintended or malicious activities can be stopped before they occur. After understanding how users are communicating files and sensitive information, your organization can control possible losses of sensitive data.
The areas of information sensitivity have been categorized into distinct areas of risk:
- Email Attachments
- Removable Storage Devices
- Website Usage
- Credit Card and Security numbers
As risks are of different kind causing different disadvantages, losses so it is not possible to develop an Appropriate risk reduction until it is not thoroughly evaluated.
The challenge is to balance security and service in the organization. A policy must be made that protects sensitive data during the course of daily business, without compromising employee productivity and respect.
Risk Mitigation Actions
To mitigate the risks, regulation of information security must be built in the organization by regular monitoring through Risk assessments.
Below given are some Risk mitigation options given by “National Institute of Standards and Technology” that will surely help you:
- Risk Assumption: A phase where you know that certain risks will possible occur but you accept risks and continue operating the system or to implement controls to lower the risk to an acceptable level.
- Risk Avoidance: To avoid the risk by eliminating the risk cause.
- Risk Limitation: To limit the chance of risk by implementing controls that minimize the adverse impact of a threat’s workout vulnerability
- Risk Planning: To manage risk by developing a risk mitigation plan that prioritizes, implements, and maintains controls
- Research and Acknowledgment: To manage risk by developing a risk mitigation strategy.
- Risk Transference: To transfer the chance by using alternative choices to make amends for the loss, like buying
Organization Security Policy
- Define users for the Administration pages, Example: System Administrator
- Educate employee of their role to help protect sensitive data
- Assign Security Policy to all employees, Example: A Desktop Risk Assessment must be performed annually to verify that no new desktop security risks have been introduced into the organization.
The list is not a complete list of items, but hopefully, you can pick to form some type of Desktop Risk Assessment.
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The solution incorporates various risk assessment methodologies, and frameworks such as COSO, COBIT, NIST, ISO and many more. Implementing ConfidentG helps businesses to identify, monitor and mitigate a wide range of risks, summarizing them into reports based on different parameters. Emerging and high priority risks can be viewed through Artificial Intelligence-driven Einstein analytics, heat maps, reports, dashboards and geospatial representation of risk location.
Stay tuned for more informative posts on Cyber, Risk and Compliance Governance. Visit us at our Appexchange listing today at https://cglabs.us/cg_products and get confident with your Governance initiatives.