IT Risk Assessment Report

Purpose: This document provides a comprehensive assessment of potential IT-related risks within the organization. It identifies associated threats, evaluates their impact and likelihood, and outlines risk mitigation strategies to safeguard information systems and ensure business continuity.

1. Organization Overview

Organization Name: {organizationName}

Assessment Date: {assessmentDate}

Prepared By: {preparedBy}

2. Scope of Assessment

The scope of this assessment includes the following systems, applications, and infrastructure components:

{#scopeItems}

• {item}

{/scopeItems}

3. Identified Risks

The following table provides an overview of risks identified during the assessment:

4. Risk Mitigation Strategies

The following strategies are recommended to mitigate the above risks:

{#mitigationStrategies}

• {title}: {strategy}

{/mitigationStrategies}

5. Risk Owners

The table below lists the individuals responsible for managing each identified risk:

6. Risk Acceptance

{#acceptedRisks}

• {riskId}: {reason}

{/acceptedRisks}

7. Residual Risks

The following risks remain after mitigation efforts:

{#residualRisks}

• {riskId}: {impact} ({riskLevel})

{/residualRisks}

8. Recommendations & Next Steps

1. Update Risk Register: Ensure all identified and residual risks are recorded and maintained in the organization's risk register.
2. Periodic Review: Conduct periodic reassessments to track progress and adjust mitigation strategies.
3. Training & Awareness: Provide training to staff on IT security best practices and risk prevention.

9. Approval

Reviewed and Approved By: {approverName}

Title: {approverTitle}

Date: {approvalDate}