PM-9: Risk Management Strategy
Generated
2019-04-12 13:01:48.067729
Status
Statements
The organization:
| Code | Description |
|---|---|
| PM-9a. | Develops a comprehensive strategy to manage risk to organizational operations and assets, individuals, other organizations, and the Nation associated with the operation and use of information systems; |
| PM-9b. | Implements the risk management strategy consistently across the organization; and |
| PM-9c. | Reviews and updates the risk management strategy [Assignment: organization-defined frequency] or as required, to address organizational changes. |
Additional Guidance
An organization-wide risk management strategy includes, for example, an unambiguous expression of the risk tolerance for the organization, acceptable risk assessment methodologies, risk mitigation strategies, a process for consistently evaluating risk across the organization with respect to the organization�s risk tolerance, and approaches for monitoring risk over time. The use of a risk executive function can facilitate consistent, organization-wide application of the risk management strategy. The organization-wide risk management strategy can be informed by risk-related inputs from other sources both internal and external to the organization to ensure the strategy is both broad-based and comprehensive.