Why does risk management standardization define the rules of the company’s development

Information about the rules and regulations in the field of risk management is an integral part of the overall positioning of companies in the market. The implementation of the technological base and its support significantly increases the number of potential risks that can influence business processes. That is why the certain documents that allow to minimize the negative results of using technologies, as well as turning them into a competitive advantage are created. The speed of technologies development is increasing every day, so awareness of the most relevant documents is an important aspect. The scope of technology and production is needed to study the specifications in more detailed way and to determine the most appropriate standard for your business. We have reviewed the most popular standards below.

Security for industrial automation and control systems - Part 4-2: Technical security requirements for IACS components

IEC 62443-4-2

One of the most basic activities in any company is working with data. Any business has information that must be protected, which is why we recommend that you familiarize yourself with the standard that describes in detail the processes and standardization of data protection control systems. IEC 62443-4-2:2019 provides detailed technical control system component requirements (CRs) associated with the seven foundational requirements (FRs) described in IEC TS 62443-1-1 including defining the requirements for control system capability security levels and their components.These FRs are the foundation for defining control system security capability levels. For getting acquainted with more detailed description of the standard you can follow the link to our website, and in case you get optional questions feel free to contact Iteh.

Security techniques -- Extension to ISO/IEC 27001 and ISO/IEC 27002 for privacy information management -- Requirements and guidelines

ISO-IEC 27701_2019

As far as technologies have a wide range of specifications, some standards describe security techniques in more narrow and specialized way. Such documents are recommended for the companies that interact with technological aspects that are mentioned in certain standard. ISO-IEC 27701_2019 specifies PIMS-related requirements and provides guidance for PII controllers and PII processors holding responsibility and accountability for PII processing. It is applicable to all types and sizes of organizations, including public and private companies, government entities and not-for-profit organizations, which are PII controllers and/or PII processors processing PII within an ISMS. To understand wether your business need exactly this standard or to choose the one that may be more appropriate go to the website with the link above.

Security for industrial automation and control systems - Part 3-2: Security risk assessment for system design

IEC 62443-3-2_2020

Industrial automation needs not only strong following the requirements of the production but also risk assessment. This field needs to have strict system of risk management for protecting the company from significant losses in case of risk occuring. IEC 62443-3-2:2020 establishes requirements for defining a system under consideration (SUC) for an industrial automation and control system (IACS), partitioning the SUC into zones and conduits, assessing risk for each zone and conduit, establishing the target security level (SL-T) for each zone and conduit, documenting the security requirements. In case your area of activity concerns the mentioned standards you can see more detailed characteristics of it on the website with following the link to the document.

Information technology -- Security techniques -- Security information objects for access control

ISO-IEC 15816_2002

Exchange files rules stand for the security of the information sharing. Development of the technological sharing variants leads to getting new risks in the process of access control. One of the standards that describes requirements for security techniques is ISO-IEC 15816_2002. This document defines rules for an open and stable format to exchange files, to deliver, store and archive documents that describe an asset throughout its entire lifecycle. More than that it clarifies exactly the most appropriate ways of informational sharing that can increase the security level and prevent possible risks. It is suitable for all parties dealing with information concerning the built environment, where there is a need to exchange multiple documents and their interrelationships, either as part of the process or as contracted deliverables. Every business is dealing with a big amount of needed information to be shared. That is why exactly this standard may help to grow the level of security in access to the internal information of the company.

Information technology -- Security techniques -- Information security risk management

ISO-IEC 27005_2018

Organizational structures evolve and change over time. There are many options for managing any process. But even the introduction of a management system that stands for security techniques requires standardization. One of such norms that describe the process of managing information security is ISO-IEC 27005_2018. This document provides guidelines for information security risk management. This document supports the general concepts specified in ISO/IEC 27001 and is designed to assist the satisfactory implementation of information security based on a risk management approach. This document is applicable to all types of organizations which intend to manage risks that can compromise the organization's information security. Knowledge of the concepts, models, processes and terminologies described in ISO/IEC 27001 and ISO/IEC 27002 is important for a complete understanding of this document. In case you need the standard or to determine which one is more appropriate for the company, contact Iteh and we will help you with difficulties that may occur while determination of the appropriate standard.

Biorisk management for laboratories and other related organizations

ISO 35001_2019

Inventions and laboratories are commonly associated with a scope of obligatory rules that have to be followed in order to prevent a big range of risks. If the company is operating in the field of biological inventions, laboratories and other types of activities that are connected with biorisks, we recommend to get acquainted with ISO 35001_2019. This document defines a process to identify, assess, control, and monitor the risks associated with hazardous biological materials. The standard is applicable to any laboratory or other organization that works with, stores, transports, and/or disposes of hazardous biological materials. It should be pointed out that it is not intended for laboratories that test for the presence of microorganisms and/or toxins in food or feedstuffs. It should be pointed out that this standard is with a certain specification and needs to be checked for the possibility of applying it. That is why we offer to get more information about the document on the website.

Risk management -- Guidance for the implementation of ISO 31000

ISO TR 31004_2013

Risk management is quite a complex concept that considers various concepts from different prisms to eliminate possible negative consequences. Sometimes, to prevent these consequences from occurring standards must be followed. ISO/TR 31004:2013 provides guidance for organizations on managing risk effectively by implementing ISO 31000:2009. It provides a structured approach for organizations to transition their risk management arrangements. This document can be used by any public, private or community enterprise, association, group or individual. It is not specific to any industry or sector, or to any particular type of risk, and can be applied to all activities and to all parts of organizations. As far as this standard can be used by different types of organizations or even with individuals we recommend to pay attention to importance of awareness about it.

Risk management -- Guidelines on using ISO 31000 in management systems

IWA 31_2020

When it comes to specifying a standard, the scope that it covers is always implied. Some documents may be not independent itself, but be the guidelines for another standard. For example, IWA 31_2020 gives guidelines for integrating and using ISO 31000 in organizations that have implemented one or more ISO and IEC Management System Standards. This document explains how the clauses of ISO 31000 relate to the high level structure for MSS. This standard does not provide guidance on implementing a management system in general. Using this document does not remove the need to use other standards to address specific aspects of risk. That is why we recommend to get acquainted with more detailed description of it on the Item website.

Risk management -- Guidelines

ISO 31000_2018

When it comes to controlling the processes that are occurring inside the organization risk management plays one of the most crucial parts in successful results achieving. To make the structuring more clear and productive standards are being created. One of them is ISO 31000:2018 that provides guidelines on managing risk faced by organizations. The application of these guidelines can be customized to any organization and its context. It provides a common approach to managing any type of risk and is not industry or sector specific. The standard can be used throughout the life of the organization and can be applied to any activity, including decision-making at all levels. As far as this document is general we strongly recommend to pay attention to it for your company. Following the requirements of the needed standard will significantly increase business processes and profitability of the company.

Risk management -- Guidelines for the management of legal risk

ISO 31022_2020

General standards describe the necessary processes only globally, which is why exactly the specification and strict compliance with the needed norms is necessary for the successful functioning of the market. More than that some documents may have additional parts or other publications that clarify the information more broadly. One of such documents is ISO 31022_2020. This document gives guidelines for managing the specific challenges of legal risk faced by organizations, as a complementary document to ISO 31000. The application of these guidelines can be customized to any organization and its context. This document provides a common approach to the management of legal risk and is not industry or sector specific. It is important to keep attention on what specific standard is applicable to the area of functioning of your business. In case you have optional questions on the details of the mentioned standard you always have a possibility to contact Iteh and get the help with choosing correct document.

Risk management - Risk assessment techniques

SIST EN IEC 31010_2019

This standard is published as a double logo standard with ISO and provides guidance on the selection and application of techniques for assessing risk in a wide range of situations. The techniques are used to assist in making decisions where there is uncertainty, to provide information about particular risks and as part of a process for managing risk.This edition constitutes a technical revision. This edition includes the following significant technical changes with respect to the previous edition: more detail is given on the process of planning, implementing, verifying and validating the use of the techniques. This is one of the documents that was established as a result of high speed of technological changes that provoked the need to clarify additional aspects of company organization and management in general. To get more information on the standard you can follow the link to the Iteh website.

Risk management control as a tool for occupying leading position in the field of company’s performance.

To emphasize the importance of the standardization in the field of risk management we want to remind that missing the risks that your company can face both on the market and in the process of manufacturing can significantly decrease success of progress in general performance of your business. More than that technological changes demand strong accordance to the needed documents for keeping the high level of competitiveness. Therefore, normative base plays one of the most important roles in successful management organization. In case you need the standards with more narrow details that are not widely used, you can contact Iteh by following the link to the website https://standards.iteh.ai. Stay updated with new documents that can significantly increase the productiveness of your business.