How to Perform Information Management Risk Assessments

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The goal of a risk assessment is to understand the risk to organizational operations and organizational assets. You must determine how your organization profits, how various assets affect the profitability of the business, and what risks could potentially lead to large monetary losses. After performing an information management risk assessment, you’re prepared for enhancing your infrastructure and reducing the risks most likely to preface financial loss.

Steps to Risk Assessment

Carrying out risk assessments allow organizations to make informed decisions concerning resource allocation, tooling, and security control implementation. The four steps to successful security risk assessment include Identification, Assessment, Mitigation, and Prevention.

1. Identification: Identifying all critical assets.

2. Assessment:  Assessing vulnerabilities and risks.

3. Mitigation: Mitigating asset vulnerabilities.

4. Prevention: Preventing asset risks.

Completing annual risk assessments poises your organization for emergency response and recovery, reducing the chances of data loss, compromised information, or worse.

The Value of Layered Backup Systems

Consider this; your business falls victim to a devastating natural disaster, all on-site servers that host your data are lost as well as any locally stored backups you had in place. How detrimental is this to your overall operation? Do backups exist somewhere that would not be affected? If so, the risk of loss has been greatly mitigated.

Cover your bases with layered systems, what we call an air gap backup. Practices are shifting towards air gap backups that keep copies of critical data across three platforms. A copy onsite, a copy off-site, and a copy offline. This diversity greatly increases the chances of data recovery in the event of an accident. After completing an information management risk assessment, it’s likely you’ll immediately begin searching for secure off-site and offline options for your data. That’s where we hope to come in.

Secure Storage Services

Augusta Data Storage offers fundamental services as remedies to the numerous risks and vulnerabilities affecting information management today, ensuring your data remains safe and accessible to you 24/7 in the event of an emergency. Our secure climate-controlled vault allows us to safely store your critical data off-site and offline, with easy to use barcode tracking and flexible delivery features. No matter the format, we’ve got secure and accessible options for your peace of mind.

For clients in healthcare, legal, and financial service industries requiring hardcopy management, take advantage of our scan on demand services. Augusta Data Storage offers the storage and immediate access to hardcopy records. Simply make a request for retrieval and our team will locate and securely deliver the data to you. Whether your organization is looking to store records or create backups, our state of the art facilities and secure ease of access options are sure to meet your requirements.

Human error, system failure, natural disasters like fires, floods, and tornadoes; these are the hazards invariably facing data security. Performing information management risk assessments prepares you for the worst, saving your data (and perhaps even your organization) from the unexpected. Mitigate the risks involved and secure your critical assets by creating copies across secure online, offline, and off-site systems.

DISCLAIMER: The information contained in this article is a collection of best practices across various industries. When completing a risk assessment for your organization, it is best to seek the guidance of an industry-specific compliance officer and governing body.