Tips for IT Risk Management Prof. Hernan Huwyler Information Security Institute

The document provides comprehensive guidelines for IT risk management, emphasizing risk identification and impact assessment related to confidentiality, integrity, and availability of IT assets. It outlines best practices for risk management, including probabilistic methods for evaluating risks and avoiding ineffective compliance measures. Key recommendations include engaging in detailed risk assessments, accurately quantifying potential losses, and utilizing well-defined statistical methods to enhance decision-making.