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πŸ’Ό GV.RM-02: Risk appetite and risk tolerance statements are established, communicated, and maintained

  • Contextual name: πŸ’Ό GV.RM-02: Risk appetite and risk tolerance statements are established, communicated, and maintained
  • ID: /frameworks/nist-csf-v2.0/gv-rm/02
  • Located in: πŸ’Ό Risk Management Strategy (GV.RM)

Description​

  1. Determine and communicate risk appetite statements that convey expectations about the appropriate level of risk for the organization
  2. Translate risk appetite statements into specific, measurable, and broadly understandable risk tolerance statements
  3. Refine organizational objectives and risk appetite periodically based on known risk exposure and residual risk

Similar​

  • Sections
    • /frameworks/nist-csf-v1.1/id-rm/02
    • /frameworks/nist-csf-v1.1/id-rm/03
    • /frameworks/nist-sp-800-53-r5/pm/09

Similar Sections (Take Policies From)​

SectionSub SectionsInternal RulesPoliciesFlags
πŸ’Ό NIST CSF v1.1 β†’ πŸ’Ό ID.RM-2: Organizational risk tolerance is determined and clearly expressed
πŸ’Ό NIST CSF v1.1 β†’ πŸ’Ό ID.RM-3: The organization's determination of risk tolerance is informed by its role in critical infrastructure and sector specific risk analysis
πŸ’Ό NIST SP 800-53 Revision 5 β†’ πŸ’Ό PM-9 Risk Management Strategy

Sub Sections​

SectionSub SectionsInternal RulesPoliciesFlags