Risk Management Framework Development

Establishing Acceptable Risk for Your Business Goals

Every business faces risks related to achieving its business objectives. Effectively managing cybersecurity risk requires an understanding of the relative significance of organizational assets in order to determine the frequency by which they will be scrutinized for risk exposures.

The Sage Methodology

We designed our Risk Management Framework to protect your entire organization and its ability to carry out its mission. Sage works collaboratively with you to develop an operational framework that is optimized for the size, scope, and complexity of your company. The outcome will help you realistically and cost-effectively protect information assets while maintaining a balance of productivity and operational effectiveness.

Our comprehensive risk management framework includes:

  • Identifying internal and external systems that are either critical to your operations, and/or that process, store, or transmit protected/regulated data, such as GLBA or PCI data.
  • Creating a risk assessment schedule based upon criticality and information sensitivity.

Reports and Deliverables

Sage collaborates with you to develop, adopt, and implement:

  • A risk management policy (if one does not yet exist).
  • An inventory of information systems, ranked by system criticality and information sensitivity.
  • An assessment schedule based on system criticality and information sensitivity.
  • A risk assessment reporting structure with frequency designations.

Next Steps

Once you have your Risk Management Framework in place, Sage can help you calculate your level of risk in order to determine whether the risk should be accepted, mitigated, or transferred.

Learn more about Sage’s Risk Assessment Offerings >>


The Sage Cybersecurity Lifecycle

The Sage Data Security Cybersecurity Lifecycle

Cybersecurity isn’t a destination.

There is no single, straight path that will get you to the point where you can say, “We did it! We’re 100% cyber-secure.”

A more realistic destination is cyber resiliency – the ability to prepare for and adapt to changing conditions, so you can withstand and recover rapidly from disruptions. Achieving cyber resilience depends on what we like to call the cybersecurity lifecycle – an ongoing cycle of interconnected elements that compliment and reinforce one another.

Learn More