Risk Assessment Methodology for Information Security

This document is a technical report that defines the methodology for assessing and treating information risks within Coralogix. It outlines the purpose, scope, and intended users of the risk assessment process, which applies to all assets that may impact information security. The report details the steps involved in risk assessment, including system characterization, asset identification, threat identification, and vulnerability identification. It also describes the roles of risk owners and the importance of control analysis in mitigating risks. The document specifies the criteria for risk acceptance and the process for prioritizing actions to implement security controls. Additionally, it emphasizes the need for regular reviews of the risk assessment and work plan to adapt to changes in the organization or technology. The methodology aligns with security laws and standards such as ISO 27001, HIPAA, and PCI-DSS, ensuring compliance and effective risk management.