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New ISACA guide offers risk management insight

New ISACA guide offers risk management insight 

The guide, entitled Risk Scenarios Using COBIT 5 for Risk provides IT specialists with 60 different scenarios classified under 20 categories of risk. Each scenario is based on the principles of the internationally-recognized COBIT framework.

“The scenarios included in this guide help enterprises develop a tangible and assessable representation of risk to determine the business impact and the enterprise’s preparation levels,” Steven Babb, chair of ISACA’s Knowledge Board and ISACA international vice president said in a press release. “Well-developed risk scenarios that are linked to real business risk using these six steps help support risk management activities and make them realistic and relevant to the enterprise.”

Risk Scenarios dispenses examples of risk across several key areas, including decision-making for IT investments, staff operations, infrastructure, software and malware. Additionally, the guide offers insight on how to use the COBIT 5 methods to manage situations that exceed a business’s level of tolerance.

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