# HTB CPTS: Risk Management Process

Organization must have efficient yet effective policy implementation for information security.

Risk management process can help:

| Step | Explanation |
| --- | --- |
| `Identifying the Risk` | Identifying risks the business is exposed to, such as legal, environmental, market, regulatory, and other types of risks. |
| `Analyze the Risk` | Analyzing the risks to determine their impact and probability. The risks should be mapped to the organization's various policies, procedures, and business processes. |
| `Evaluate the Risk` | Evaluating, ranking, and prioritizing risks. Then, the organization must decide to accept (unavoidable), avoid (change plans), control (mitigate), or transfer risk (insure). |
| `Dealing with Risk` | Eliminating or containing the risks as best as possible. This is handled by interfacing directly with the stakeholders for the system or process that the risk is associated with. |
| `Monitoring Risk` | All risks must be constantly monitored. Risks should be constantly monitored for any situational changes that could change their impact score, `i.e., from low to medium or high impact`. |

Main goal is to maintain CIA triad.

* A deep understanding of the risk management process is critical for anyone starting in information security.
    
* It is essential to prioritize clear and accurate documentation from the very beginning.
