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6.1.2 Risk Management Executing Appropriate Measures to Manage Risks and Potential Impacts to an Acceptable Level What levels must risk be managed to What is the measure used to determine when it has been achieved Management of risk presents a number of challenges for the information security manager. For one thing, there is typically not enough information to determine acceptable levels with any degree of precision, and, for another, actually determining the degree of risk despite years of study and development is more art than science. Certainly, at a statistical level we can determine the probable degree of risk, provided there is a large enough sample. Given a large population of individuals, we know how long the average individual will live and how many traffic accidents they will have. Unfortunately, statistical averages are of little use in determining individual situations. The responsibilities and objectives of risk management are well described in the ISACA 2008 Certified Information Security Manager Review Manual [2]:



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