Working with risks in CIM
Risk management is important for all businesses and organisations, and it can form the basis to which incident and crisis management is built from. There are risks in a very large proportion of business activities This makes it necessary to identify the business areas where the likeliness and consequences of risks should be reduced.
A risk, vulnerability analysis and current risk overview provides important, basic information that is necessary to work systematically and focus on preventing incidents and limiting damages.
The process of establishing a risk assessment involves looking forwards and describing something that is unknown. This may seem difficult because we cannot know what incidents will affect the business or organisation, nor can we predict all the possible consequences of that incident.
This process is important because it increases awareness of risk management across your organisation. Taking a moment to consider what incidents can occur makes people think. We have experienced that increased involvement and awareness about threats contributes to reducing the consequences of potential threats an organisation may face.
How does CIM contribute to increased understanding of risks?
The reasons why one organisation works with risks and risk assessments can vary from that of another organisation. For some this involves meeting specific requirements, for others risk assessments can be the basis on which decisions about security measures are made and become an important part of the organisation’s risk management.
With CIM:
- Keep an overview of your organisation’s risk situation. You can clearly define the risks, describe them and identify incident indicators.
- A tool for taking actions that stop incidents in their early stages and reduce risks. It is easier to find solutions and alternatives when you have an overview of the situation and a correct analysis.
- Keep a focus on reducing consequences during an incident. During the planning stages, it is easier to identify solutions.
- You can assess and describe the chances that a certain type of incident can occur. You become able to prioritise.
- Report your organisation’s overall risk picture – to authorities, customers, suppliers, partner, internally or to your own board.
- Run your business in a way that reduces risks.
- A tool with the functions needed to map and describe the risks involved in your activities.
A risk assessment might include sensitive information. Your plans and measures, both those already in place and those you might use during a crisis, are likely to be worth protecting. CIM offers secure storage and handling of data in F24 Nordics’ own computer centres located in Norway.
Courses and workshops
The F24 team has extensive knowledge about risk assessments and establishing a relevant risk picture, and we arrange courses in this. A crucial element in any risk assessment is to know the purpose of your analysis. Is your analysis going to be used for decision-making? What should be included in the analysis? Which requirements should your organisation meet? Should you strive to be the best in the class, or simply fulfil minimum requirements? Are your risk assessment procedures accepted on every level of your organisation? The list goes on…
Contact us for more information