Risk management is the process of identifying risk, assessing risk, and taking steps to reduce risk to an acceptable level. Apr 09, 20 octave allegro is an asset centric and lean risk assessment successor of the octave method. Other benefits of using octave methodologies for risk assessment are listed below. International journal of computer applications technology. For organizations required to be compliant with pcidss v2. Operationally critical threat, asset, and vulnerability evaluation and octave are service marks of carnegie mellon university.
Octave operationally critical threat, asset, and vulnerability evaluation. In this research octave methodology has been used following a comparative study of various methodologies due to its flexibility and simplicity. Octave forte and fair connect cyber risk practitioners with. Pdf purpose of the research is to identify the risk of it in the company, to assess all the risk, and take security actions to solve the problem find, read and. By focusing on operational risks to information assets, participants learn to view risk assessment in the context of the organizations strategic objectives and risk tolerances.
Octave operationally critical threat, asset, and vulnerability evaluation is a security framework for determining risk level and planning defenses against cyber assaults. A risk analysis and risk management methodology for mitigating wireless local area networks wlans intrusion security risks by hanifa abdullah submitted in partial fulfillment of the requirements for the degree master of science computer science in the faculty of engineering, built environment and information technology university of pretoria. Microsoft cloud risk assessment shows that ermoctave has. Will the criteria that are developed in step 1 of the octave allegro methodology be the same for all organizations. Jun 21, 2018 the sei has recently updated octave to better meet risk management challenges that organizations face. Octave expands to operationally critical threat, asset, and vulnerability evaluation. While octave has more details to contribute, we suggest using the fair model, described next, for risk assessment. The second step is to develop an information asset profile. The software engineering institute at carnegie mellon university developed octave sm, a risk assessment methodology, as part of the defense health information assurance program dhiap. Pdf assessment of information system risk management. Operationally critical threat, asset and vulnerability evaluation octave is a collection of.
Risk assessment with octave allegro behaviour group. Assessing information security risk using the octave approach. An information security risk evaluation is part of an organizations activities for managing information security risks. This technical report introduces the next generation of the operationally critical threat, asset, and vulnerability evaluation octave methodology, octave allegro. The framework defines a methodology to help organizations minimize exposure to likely threats, determine the likely consequences of an attack and deal with attacks that succeed. Results rule out some pathways, identify nonnegligible risk requiring quantification, or gaps in knowledge, etc.
Octave does not require focus on all assets which is required in some other methodologies and frameworks, thus it saves a lot of time and helps keep. Validating the octave allegro information systems risk assessment methodology. Octave allegro has the ability to provide robust risk assessment results, with a relatively small. Together with its predecessors octave and octave s, octave allegro forms a family of octave assessments. It combines the analysis of organizational practices and technological vulnerabilities.
Information systems are essential to most organizations today. The expected result is the risk identification in it of the company. Risk assessment can be a very complex task, one that requires multiple. Octave is selfdirected, meaning that people from an organization assume responsibility for setting the organization s security strategy. Like octave and octaves, octave allegro is focused on positioning risk assessment in the proper organizational context, but it offers an alternative approach that is specifically aimed at information assets and their resiliency. Validating the octave allegro information systems risk. Sep 12, 20 octave is most suited for process specific risk assessment which is based on peoples knowledge. Apr 22, 2010 the operationally critical threat, asset, and vulnerability evaluation octave family of risk assessment methods was designed by the networked systems survivability nss program at carnegie mellon universitys software engineering institute cmusei.
With the octave risk assessment method, integration of the organizations infosec policies and unique. Assessing information security risk using the octave approach online version will require a minimum of 5 hours of study time. Lean risk assessment based on octave allegro compass. Operationally critical threat, asset, and vulnerability evaluation. Octave is a flexible and selfdirected risk assessment methodology. Octave methodologies have highly qualitative considerations and descriptions against risk assessment methodologies, rather than quantitative ones. Octave is a risk based strategic assessment and planning technique for security.
The method supports a straightforward qualitative risk assessment and structured threat analysis which mainly fits for smaller organisations few hundred employees. This methodology serves to help an organization to. The key strength of the octave allegro risk assessment method is the allinclusive consolidation of the threat profiles which provides significant intelligence for threat mitigation for most cases. Free sample octave risk assessment template excel word pdf doc xls blank tips. The operationally critical threat, asset, and vulnerability evaluation octave family of risk assessment methods was designed by the networked systems survivability nss program at carnegie mellon universitys software engineering institute cmusei. Risk assessment approaches background overview of development effort standardization. Improving the information security risk assessment process.
Erm can drive risk management with a process that spans the lifecycle from identification through closure. Assessing information security risk using the octave. Octave model is an enterprisewide risk assessment model applicable in assessing it risk exposure in the context of enterprises operational and strategic drivers. The operationally critical threat, asset, and vulnerability evaluationsm octave approach defines a riskbased strategic assessment and planning technique for security. Octave automated tool has been implemented by advanced technology institute ati to help users with the implementation of the octave and octave s approach. The octave method uses a catalog of good practices, as well as surveys and worksheets to gain information during focused discussions and problemsolving sessions. Examples of risk assessment methodologies include but are not limited to octave, iso 27005 and nist sp 80030. Operationally critical threat, asset, and vulnerability. Here is realworld feedback on four such frameworks. It is a single source comprehensive approach to risk management.
Introduction to the octave approach august 2003 3 2 what is the octave approach. How will this criteria be used during the risk assessment process. The operationally critical threat, asset, and vulnerability evaluationsm octave approach defines a risk based strategic assessment and planning technique for security. Octave operationally critical threat, asset, and vulnerability evaluation sm 30. What is the purpose of the criteria developed in step 1 of the octave allegro methodology. Formal risk assessment methodologies try to take guesswork out of evaluating it risks. Octave is a selfdirected approach, meaning that people from an organization assume responsibility for setting the organizations security strategy. The point of having a risk measurement criterion is that at any point in the later stages, prioritization can take place against the reference model.
The technique leverages peoples knowledge of their organizations secu. Together with its predecessors octave and octaves, octave allegro forms a family of octave assessments. Threat, asset, and vulnerability evaluation octave allegro risk assessment methodology at a. Octave is selfdirected, meaning that people from an organization assume responsibility for setting the organizations security strategy. The organizational, technological and analysis aspects of an information security risk evaluation are undertaken by a threephased approach with eight processes. Octave risk assessment allows organizations to balance the protection of critical information assets against the costs of providing protection and detective controls. For an organization looking to understand its information security needs, octave is a risk based strategic assessment and planning technique for security. Octaves phase 1 are derived from work that focused on risk management issues facing managers in a software development organization. To gain a comprehensive understanding of the octave approach, criteria and various methods of implementation, some forms of formal training and practical exposure to implementation are recommended.
The threat profile includes network risks, also known as. This whitepaper is intended for risk and security professionals by providing an introduction to risk assessment with octave methodologies. Keating january 2014 an information system is risk assessment is an important part of any successful security management strategy. Figure 1 is based on 2 and groups the methodology steps into four major phases. Risk assessments help organizations to identify mission. Like octave and octave s, octave allegro is focused on positioning risk assessment in the proper organizational context, but it offers an alternative approach that is specifically aimed at information assets and their resiliency. International journal of computer applications technology and. Octave method of security assessment information technology. Risk management guide for information technology systems.
A cross functional analysis team charges an organization thru the three phases of octave o which are defined in the publication managing information security risks. The original octave method and related documents were published in 2001, and a streamlined version called the octave allegro method was. Using vulnerability assessment tools to develop an octave risk. Pdf security risk assessment of critical infrastructure.
Moreover, you will have the opportunity to acquire the necessary skills to establish risk measurement criteria, develop information asset profile, identify information asset. Once registered, learners will be granted 24houraday access to the course material for 12 months. Octave allegro is a methodology to streamline and optimize the process of assessing information security risks so that an organization can obtain sufficient results with. Forte focuses on building an erm program for organizations with nascent risk management programs or existing programs that need improvement.
966 1428 369 1032 1197 383 587 1335 911 761 777 1093 257 439 520 622 1475 992 897 155 1252 1170 518 1102 38 522 1493 1397 623 260 542 1061 677 695 99