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Risk Management 101 Barry Caplin Chief Information Security Officer MN Department of Human Services MN Government IT Symposium Thurs. Dec. 13, 2007 Session 74
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
In The Beginning…
In The Beginning… There were Humans…
In The Beginning… And Beasts…
And the concept of Risk was born...
Risk ,[object Object],[object Object],[object Object]
Magic?
Definitions
Threat ,[object Object],[object Object],[object Object],[object Object],[object Object]
Vulnerability ,[object Object],[object Object],[object Object]
Impact ,[object Object],[object Object],[object Object]
Threat, Vulnerability, Impact => Risk (probability of event  ×  impact = risk)
Risk ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of Risk ,[object Object],[object Object],[object Object],[object Object],[object Object]
D irectly perceived
Types of Risk Perceived through science
Types of Risk ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Virtual Risk ,[object Object],[object Object],[object Object],[object Object]
Risk Management A discipline for living with the possibility that future events may cause adverse effects. http://www.sei.cmu.edu/risk/index.html
Risk Management ,[object Object],[object Object],[object Object],[object Object],[object Object]
Identify Threats ,[object Object],[object Object],[object Object]
Assess ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Disposition of Risk ,[object Object],[object Object],[object Object]
Economics of Risk Management ,[object Object],[object Object],[object Object]
Ineffective Risk Mitigation
Evaluate and Act ,[object Object],[object Object],[object Object]
Frameworks for Risk Management ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Treasury Board of Canada ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Security and Risk Management ,[object Object],[object Object],[object Object],[object Object],[object Object]
At DHS ,[object Object],[object Object],[object Object],[object Object],[object Object]
Resources ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Discussion?

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Risk Management 101