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Hazards

Hazards

In an Information Security Management System (ISMS) context, a "hazard" is typically a potential source of harm or adverse impact on an organization's information assets, systems, or processes. This concept aligns closely with risk in information security, where hazards can lead to security incidents if not properly managed.

Definition

  • Hazard: Any condition, event, or circumstance that can cause adverse effects on the confidentiality, integrity, or availability of information.

Types of Hazards

  1. Physical Hazards: Physical conditions or events that can damage information systems or infrastructure (e.g., fire, flood, earthquakes).

  2. Human Hazards: Actions by individuals that can negatively impact information security, intentionally (e.g., insider threats, social engineering) or unintentionally (e.g., human error, lack of training).

  3. Technical Hazards: Failures or vulnerabilities in hardware, software, or network infrastructure that can be exploited (e.g., malware, software bugs, network failures).

  4. Environmental Hazards: External environmental factors can affect information security (for example: power outages and extreme weather conditions).

Examples in ISMS

  • Unauthorized Access: A lack of proper access controls can be a hazard, leading to unauthorized individuals accessing sensitive information.

  • Data Breaches: Potential vulnerabilities in the system could be exploited, resulting in data breaches.

  • System Downtime: Technical failures or cyber-attacks that can cause system downtime, affecting business continuity.

  • Compliance Violations: Failure to adhere to legal, regulatory, or contractual obligations regarding information security.

Management of Hazards

Within an ISMS, hazards are identified, assessed, and managed through a systematic approach involving:

  1. Risk Assessment: Identifying hazards, evaluating their potential impact and likelihood, and prioritizing them based on risk levels.

  2. Risk Treatment: Implementing measures to mitigate, transfer, avoid, or accept risks associated with hazards.

  3. Continuous Monitoring: Regularly monitoring and reviewing the ISMS to identify new hazards and assess the effectiveness of existing controls.

  4. Incident Response: Developing and maintaining plans to respond to information security incidents caused by realized hazards.

Standards and Frameworks

International standards like ISO/IEC 27001 provide guidelines for establishing, implementing, maintaining, and continually improving an ISMS, including managing hazards and associated risks.

Conclusion

In ISMS, a hazard can potentially harm information assets, and effective management of these hazards is crucial to maintaining robust information security. The process involves identifying, assessing, mitigating, and continuously monitoring potential hazards to protect the organization's information assets.

How to configure hazards

If applied to an asset, a hazard becomes a concrete risk. An asset belongs to an asset category, and each hazard relates to an asset category. The asset category is an attribute of a hazard and can be selected or newly created within the screen if not available.

Just click “Create Hazard,” fill out the form by entering all necessary data, and finish by clicking the “Create“button.

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Below, you see a sample:

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After creating a hazard, it will be listed within a tree-view per asset category:

 

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