Organization-Guide/Processes/09_IT_Risk Control Matrix.md

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IT Risk Control Matrix

No. R Category Risk Event L C F Cause Mitigation Type Mitigation Strategy L* C* Changes Comments ES EY Evidences
1 CTO Operational Risk (IT) Data loss Daily Preventing (System) Automatic daily local backups
2 CTO Operational Risk (IT) Data loss Daily Preventing (System) Automatic daily backups to external/remote service providers
3 CTO Operational Risk (IT) Data loss Daily Preventing (Manual) Quarterly manual backups for long-term storage
4 CTO Operational Risk (IT) Corrupted backup data Daily Revealing (System) Automatic data integrity validation of daily backups
5 HOD, head of IT, CTO Operational Risk (IT) Users have receive access to files or functions outside of their competencies Daily Preventing (Manual) User permissions are defined in a general Permission List. Deviations must be approved
6 head of IT, CTO Operational Risk (IT) Software causes problems Weekly Preventing (Manual) New software and software updates must be tested in a sandbox environment
7 HOD, head of IT, CTO Operational Risk (IT) Unauthorized software. Weekly Preventing (Manual) New software must be approved

Abbreviations

  • R: Responsible

  • L: Likelihood (1-5)

  • C: Consequence (1-5)

  • L*/C*: Likelihood and Consequence after mitigation

  • F: Frequency (many times a day, daily, weekly, monthly, annually)

  • ES: Effective

  • EY: Efficient

2022-01-01 - Version 1.0