The SMART-Ra solution is characterized by the following:
The formal assessment of the risks through the employment of the ISO 27005 standards and the OCTAVE techniques
The systematic assessment of the risk through the PDCA model (plan, do, check, act)
The automated risk assessment through the Fast Ra feature, which "provides fully automated risk assessment with a built in database of standard assets, threats, vulnerabilities and controls" (Website of SMART-RA)
The creation of detailed reports such as multi-criterion filtering or exports to other formats
The monitoring of risks through the monitoring of risk mitigation controls and the identification of the new risks after mitigation (Website of SMART-RA).
Last, the third potential solution to automating the IT risk assessment is represented by the Symantec Risk Automation Suite (SRAS), which is also a privately developed solution, characterized by more flexibility and ease of usage.
"SRAS automates and orchestrates enterprise IT security and risk management. SRAS simplifies and integrates network discovery, baseline configuration management and vulnerability management enabling reporting for enterprise risks and regulatory compliance. It offers flexible agent-based or agent-less data gathering options across multiple hardware and software platforms. SCAP validated, enterprise proven" (Website of Symantec).
The Symantec Risk Automation Suite is characterized by four distinctive features, as revealed below:
The use of a SOA architecture which allows the centralization of the managerial efforts and the integrated reporting across security tools through the decision support portal
The rapid discovery of assets and inventories across the entire networks
The identification of vulnerabilities through the detection and reporting for the operating systems, the network, the infrastructure and the applications and databases
The configuration of the auditing and policy management through the preservation of "an accurate inventory system configurations, including installed...
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Risk Management Plan A&D High Tech Introduction to the Plan Company Background Risk Planning Charter, Scope, Plan, and WBS Scope of the Risk Management Plan 102.2 Risk Management Plan Components 112.3 Responsibility 112.4 Expected Monetary Value Analysis Risk Management Identification 123.1 Determine the Risks 133.2 Evaluate and Access the Risks 133.3 Qualitative and Quantitative Processes 143.4 Compare and Contrast Techniques Risk Matrix 144.1 Major and Minor Risks for the Risk Matrix 144.2 Risk Matrix Template 144.3 Reviews Corrective Action and Monitoring 155.1 Type of Corrective Risk Management 155.2 Corrective Plan 155.3 Corrective
In terms of the management of the risk, this can be completed through either one or more of the following techniques: (1) mitigation of the risks; (2) transfer of the risk from one unit to the other, one project to the other and so on; (3) the acceptance of the risk; (4) the avoidance of the risks; (5) the communication of the risks and the search for risk management
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