// RISK MANAGEMENT

Enterprise Risk Assessment

Holistic cybersecurity risk assessment aligned to ISO 31000 and NIST RMF.

ISO 31000Risk Framework
NIST RMFAligned
FAIRQuantification Model
Board-ReadyRisk Reporting

Enterprise Risk Assessment

Intelliroot's Enterprise Risk Assessment provides a holistic view of your organisation's cybersecurity risk landscape, grounded in the ISO 31000 risk management principles and the NIST Risk Management Framework. Rather than a point-in-time vulnerability scan, this engagement systematically identifies, analyses, evaluates, and treats risks across people, processes, technology, and third-party relationships — producing a risk register and executive risk report that integrates seamlessly with your existing enterprise risk management programme.

Using the FAIR (Factor Analysis of Information Risk) model for cyber risk quantification, we translate technical risks into financial exposure estimates that resonate with boards, audit committees, and executive leadership. The outcome is not a technical report filed in a drawer — it is a living risk management instrument that drives prioritised investment decisions, supports regulatory submissions, and enables meaningful dialogue between the CISO and the board.

Why Enterprise Risk Assessment Is Essential

Prioritise Security Investment

Without a structured risk assessment, security budgets are allocated to the loudest voices rather than the highest risks. Enterprise risk assessment ensures every rupee of security spend is justified by evidence.

Satisfy Regulatory Requirements

ISO 27001, RBI Master Directions, SEBI CSCRF, and CERT-In guidelines all require a formal risk assessment. Intelliroot's CERT-In empanelled, CREST-certified team produces reports accepted by all major Indian regulators.

Quantify Risk in Financial Terms

The FAIR model converts technical risk ratings into loss exposure ranges (expected annual loss, value at risk) that allow boards to make informed decisions about risk appetite and cyber insurance coverage.

Align Security with Business Strategy

Risk assessment scoped to business objectives — not just IT assets — ensures that critical business processes and their enabling systems receive proportionate protection.

What the Assessment Covers

Risk Identification

  • Threat landscape analysis (internal and external)
  • Asset and process inventory review
  • Threat-vulnerability-asset mapping
  • Existing control catalogue documentation
  • Third-party and supply chain risk identification

Risk Analysis & Evaluation

  • Likelihood and impact scoring methodology
  • Inherent and residual risk calculation
  • FAIR quantification for top risks
  • Risk appetite definition with leadership
  • Risk heat map and prioritisation matrix

Risk Treatment & Register

  • Treatment option evaluation (accept/avoid/transfer/reduce)
  • Control selection aligned to ISO 27001 Annex A and NIST CSF
  • Residual risk acceptance workflow
  • Risk register development and ownership assignment
  • KRI definition for ongoing monitoring

Governance & Reporting

  • Board-level risk report and executive dashboard
  • Audit committee presentation pack
  • Integration with ERM framework
  • Regulatory submission documentation
  • Risk review cycle and governance calendar

Our Risk Assessment Approach

01

Context Establishment

Define the internal and external context: business objectives, organisational structure, regulatory obligations, existing risk management processes, and stakeholder risk appetite. Agree on risk assessment scope, criteria, and methodology.

02

Asset & Process Inventory

Catalogue information assets, critical business processes, supporting technology, and key third-party dependencies. Classify assets by confidentiality, integrity, and availability requirements.

03

Threat & Vulnerability Identification

Identify applicable threats (cyber threat intelligence-informed) and map them to assets and processes. Assess existing controls and identify gaps using ISO 27001 Annex A and NIST CSF as reference frameworks.

04

Risk Analysis & Quantification

Apply qualitative risk scoring for the full risk population and FAIR quantification for the top-tier risks. Calculate inherent risk, control effectiveness, and residual risk for each risk scenario.

05

Risk Register & Treatment Planning

Compile the risk register with ownership, ratings, treatment decisions, and control roadmap. Facilitate risk appetite sign-off and residual risk acceptance with senior management.

ISO 31000 NIST RMF FAIR Model Cyber Risk Quantification Risk Register Risk Appetite Board Reporting ERM Integration ISO 27001 CERT-In Compliant

Frequently Asked Questions

A vulnerability assessment identifies technical weaknesses in systems. An enterprise risk assessment is broader — it encompasses people, processes, technology, and third parties, and evaluates risks in the context of your business objectives and regulatory obligations. It produces a risk register and governance artefacts, not just a list of CVEs.
A typical enterprise risk assessment spans four to six weeks, covering context-setting workshops, asset and process inventory, risk workshops with key stakeholders, analysis, and report preparation. Larger or more complex organisations may require eight weeks.
Yes. ISO 27001 clause 6.1.2 requires a formal information security risk assessment. Our assessment is fully aligned to ISO 27001:2022 and produces the risk assessment and treatment records required for certification audits.
Yes. For the top-tier risks, we apply the FAIR (Factor Analysis of Information Risk) model to produce expected annual loss and loss exceedance probability curves. These are particularly useful for cyber insurance decisions and board-level risk appetite discussions.

Deliverables

Enterprise Risk Register

Comprehensive risk register with risk descriptions, owners, inherent and residual ratings, treatment decisions, and review dates — ready for ongoing governance use.

Executive Risk Report

Board-ready summary of the organisation's cyber risk posture, top risk scenarios, financial exposure estimates, and strategic recommendations.

FAIR Quantification Output

Monetary risk quantification for top scenarios using the FAIR model, including expected annual loss ranges and loss exceedance curves for cyber insurance and investment decisions.

Risk Heat Map

Visual risk heat map plotting all identified risks by likelihood and impact, colour-coded by treatment priority for executive presentations.

Risk Treatment Plan

Prioritised control roadmap with effort estimates, ownership assignments, and a 90-day quick-win action plan aligned to risk treatment decisions.

KRI Dashboard Template

Key Risk Indicator framework with defined metrics, thresholds, data sources, and reporting frequency for ongoing risk monitoring.

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