Risk Assessment Process definition

Risk Assessment Process and “Risk Assessment” shall mean: a documented and exercised process used to identify the risks to system security and determine the probability of occurrence, the resulting impact, and identify additional safeguards or modifications that would eliminate and/or adequately mitigate this impact. 1.6. “Risk Management Program” shall mean: the documented and exercised process for identifying, controlling, and mitigating information system related risks. It includes Industry-standard qualitative and/or quantitative Risk Assessment Process; cost-benefit analysis; and the selection, implementation, testing, and evaluation of safeguards, including a determination of steps required to meet the four security goals of Security Assurance. 1.7. “Security Assurance” shall mean: grounds for confidence that the four security goals (i.e., integrity, availability, confidentiality, and accountability) have been adequately met by a specific computer system. “Adequately met” includes (1) functionality that performs correctly, (2) sufficient protection against unintentional errors (by users or software), and (3) sufficient resistance to intentional penetration or bypass. 80 Application Service Provider Agreement - Synchronoss and Verizon Proprietary and Confidential
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Risk Assessment Process. – means the process of identifying hazards, assessing the risk associated with those hazards, and the implementation of measures to control the risk.
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Risk Assessment Process means the process set forth in Section II-3 of the current Code of Policies and Procedures for Students at the University, and any successor provisions of USU policy.
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Examples of Risk Assessment Process in a sentence

  • Combined, the Information Security Policy and Risk Assessment Process will provide requirements and standards that are tested and validated by third-party auditors and safeguard information assets and systems through an ongoing process to reduce risk and prioritize within the collective organization.

  • This document replaces the former ▇▇▇▇▇ Safety Risk Assessment Process [▇▇▇▇▇ SRAP].

  • It replaces the former ▇▇▇▇▇ Safety Risk Assessment Process [▇▇▇▇▇ SRAP], which included several options for joint safety assessment of ▇▇▇▇▇ wide changes, including a common ▇▇▇▇▇ safety assessment method and safety criteria [Option 3 method].

  • Supplier shall maintain a Risk Assessment Process which demonstrates the Security Assurance of Supplier’s Software and Hardware.

  • SARs are generally selected as a result of the Risk Assessment Process conducted biannually.

  • Section 2.1 Overview (this section); • Section 0: • IT Security Risk Assessment Process Description, which provides o an overall description of the adopted methodology, o the DSS context description.

  • Amgen shall maintain the Risk Assessment Process for the term of the CIA.

  • This information will be used as input to ▇▇▇▇▇▇’▇ Due Diligence System / Risk Assessment Process.

  • A1.07 Risk Assessment Process (1.04) When conducting inherently dangerous training as identified by the agency, the academy ensures that a risk assessment process identifies and mitigates training risk.


More Definitions of Risk Assessment Process

Risk Assessment Process and “Risk Assessment” shall mean: a documented and exercised process used to identify the risks to system security and determine the probability of occurrence, the resulting impact, and identify additional safeguards or modifications that would eliminate and/or adequately mitigate this impact.
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