Find Resources & Connect with members on topics that interest you.

AI - Acquire and Implement

PO - Plan and Organize

DS - Deliver and Support

Please sign in to see your topics.

You must be logged in to join this group.

PO9.6 - Maintenance and Monitoring of a Risk Action Plan

This topic is intended to enable collaboration and sharing of information to facilitate a better understanding and approach to implementing this COBIT control objective based on the risk, value and guidance provided by its corresponding control practices.

COBIT Control Objective PO9.6 - Maintenance and Monitoring of a Risk Action Plan is contained within Process Popup Assess and Manage IT Risks.

Learn more about COBIT and related publications.

Click “Join This Community” to be able to actively participate in discussions and contribute content. You must be an ISACA member to join this topic. Join ISACA now.

 
This Topic Has:
9 Members
0 Online
4114 Visits

 Recent Discussions

Community Leader

Knowledge Center Manager

Knowledge Center Manager

Title: Become a Topic Leader!

Badge: Energizer


Maintenance and Monitoring of a Risk Action Plan

Prioritise and plan the control activities at all levels to implement the risk responses identified as necessary, including identification of costs, benefits and responsibility for execution. Obtain approval for recommended actions and acceptance of any residual risks, and ensure that committed actions are owned by the affected process owner(s). Monitor execution of the plans, and report on any deviations to senior management.

View value and Risk Drivers  help

Hide value and Risk Drivers help


Value Drivers

  • Effective management of risks
  • Continuous evaluation of current risks and threats for the organisation
  Risk Drivers
  • Risk mitigation controls that do not operate as intended
  • Compensating controls that deviate from the identified risks

View Control Practices  help

Hide Control Practices  help

  1. Develop the risk action plan containing prioritised risk responses. Identify priorities, responsibilities, schedules, expected outcome of risk mitigation, costs, benefits, performance measures and the review process to be established.
  2. Obtain approval for recommended risk response actions from appropriate authorities. Define and document ownership for approved plan activities, and inform affected parties.
  3. Ensure that accepted risks are formally recognised, approved by senior management and recorded.
  4. Monitor execution of the action plan, report progress and deviations to senior management, and adjust the plan accordingly.
  5. Periodically review the action plan:
    • To ensure that it continues to efficiently and effectively address the IT risks identified
    • In light of any changes to business objectives or relevant IT systems
    • To identify improvement opportunities to the risk assessment and management process

Discussions: 0 total

Must be a Topic member to contribute

No Results Found

Documents & Publications: 48 total

Must be a Topic member to contribute
View All »
Downloads
Posted by ISACA 1542 days ago
Books
Posted by ISACA 835 days ago
Books
Posted by ISACA 940 days ago
Books
Posted by ISACA 950 days ago

Events & Online Learning: 11 total

Journal Articles: 219 total

Volume 3, 2107
by Jayakumar Sundaram, CISA, ISO 27001 LA
The SoA is a continuously updated and controlled document that provides an overview of information security implementation.
Volume 6, 2106
by Venkatasubramanian Ramakrishnan, CISM, CRISC, CHFI
Bayesian networks can capture the complex interdependencies among risk factors and can effectively combine data with expert judgment.
Volume 3, 2018
by Sunil Bakshi, CISA, CRISC, CISM, CGEIT, ABCI, AMIIB, BS 25999 LI, CEH, CISSP, ISO 27001 LA, MCA, PMP
My organization has initiated a project to use blockchain technology. We have been hearing about this technology becoming the backbone of digital currency, but we have also heard that there are many issues related to digital currency.
Volume 3, 2018
by Ofir Eitan, CISM, CCSK, CTI
One of the major challenges chief information security officers (CISOs) face in almost any organization is prioritizing information security interests with regard to IT interests.
Volume 3, 2018
by Alex Quiles, CISA
The use of Windows accounts to authorize users to applications introduces risk that an auditor should evaluate.
Volume 3, 2018
by Kevin Alvero, CFE, Randy Pierson, CISA, and Wade Cassels, CISA, CIA, CFE, CRMA
As organizations try to keep up with rapid changes in technology, they are using acquisitions as a way to quickly develop entirely new lines of business or to simply close gaps in technological capability.

Wikis: 2 total

Blog Posts: 144 total

https://www.theguardian.com/technology/2018/may/17/cyberlaundering-funds-terror-internet-fake-transactions-cashless-society?CMP=Share_iOSApp_Other
Posted By : TafadzwaPadare | 1 comments
Hello and welcome to my first post of my new blog, 'Cybersecurity ROCKS!'.   As a long time member of the security community and new to the Vancouver area, I'd like to tell you a little about myself, how my career began and where my current passions in cy...
Posted By : cybersecgal | 1 comments
Security in IoT environment
Posted By : Hyun239 | 0 comments
20 Apr 2018
Good day. I have an interesting situation that came about just this week.  New career opportunities are not all that they seem to be.  What I thought was going to be a great career change ended up in disaster.  With only one week and two day's, I was dism...
Posted By : Brian824 | 0 comments
La Tecnología de la Información (TI), en todas sus áreas (base de datos, seguridad de la información, desarrollo de software, redes, etc.), debe tener como objetivo primario el apoyo a los Procesos del Negocio (PN) de la organización. Sin embargo, es comú...
Posted By : emorro | 0 comments
Have you experienced ransomware attack so far and, if yes, what did you do to resolve? I set up Twitter poll here: https://twitter.com/DPleskonjic/status/953608717399941120 It lasts for seven days. Thank you for taking part in the poll.
Posted By : Dragan Pleskonjic | 5 comments