How to achieve the Interoperability of EU Risk Management Frameworks – ENISA

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The European Union Agency for Cybersecurity (ENISA) issues an analysis of the interoperability potential of cybersecurity risk management frameworks and methodologies to improve decision-making.
Published on January 13, 2022
The report (Interoperable EU Risk Management Framework) published today is primarily designed to assess the existing risk management frameworks and methodologies in order to identify those with the most prominent interoperable features.
What is security risk management?
Information security risk management consists of the coordinated activities of an organisation in order to control information security risks. These activities are inscribed in a process allowing to:
In order to reduce the risks to an acceptable level, the process includes an analysis of the likelihood of potential security breaches prior to making the decision on solutions to implement.
About the report
A systematic survey of risk management approaches was performed in different contexts such as industry, business, government, academia, etc. The process included a variety of inclusion criteria ranging from best practices, methodologies proposed as standards and guidelines by international and national standardisation bodies, etc.
Key European stakeholders interviewed could share their views which were considered in the process and shaped the analysis of the outcomes. This resulted in:
Key outcomes of the report
The analysis and research performed resulted in the compilation of the following information:
The elements gathered in the study serve the purpose of providing keys to potentially form a more coherent EU-wide risk management framework.
Besides, the report includes a proposal for a new ENISA inventory of risk management frameworks and methodologies: the Compendium of Risk Management Frameworks with Potential Interoperability.
Background
Risk management is the process of identifying, quantifying, and managing the risks an organisation faces. The process aims to reach an efficient balance between the opportunities available to enhance prevention of cyber risks and reducing the vulnerabilities and losses. As an integral part of management practices and an essential element of good governance, risk management needs to be seeking to support organisational improvement, performance and decision-making.
ENISA contributes to risk management by collecting, analysing and classifying information in the area of emerging and current risks and the evolving cyber threat environment.
The aim of this work was not to build yet another risk management framework from scratch. It rather serves the purpose to exploit parts of existing schemes, based on the inventory work done in the introductory step of this project.
As next steps ENISA is planning to:
Further information
Interoperable EU Risk Management Framework
Compendium of Risk Management Frameworks
Inventory of risk management frameworks and methodologies
ENISA risk management/risk assessment (RM/RA) framework: Guidelines on assessing Digital Service Providers (DSP) security and Operators of Essential Services (OES) compliance with the NISD security requirements
Risk Management topic
Contact
For questions related to the press and interviews, please contact press(at)enisa.europa.eu

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The European Union Agency for Cybersecurity (ENISA) is the Union’s agency dedicated to achieving a high common level of cybersecurity across Europe.
ENISA contributes to EU cyber policy, enhances the trustworthiness of ICT products, services and processes with cybersecurity certification schemes, cooperates with Member States and EU bodies, and helps Europe prepare for the cyber challenges of tomorrow.
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