ASIS International unveils new ASIS Security Risk Assessment Standard

ASIS International, a major authority in security standards and guidelines, proudly announces the release of an American National Standards Institute (ANSI)-approved standard dedicated to security risk assessments.

ASIS SRA standard

The ASIS Security Risk Assessment (SRA) Standard has been revised and designed to revolutionise how organisations assess and manage security risks.

Developed by a team of seasoned security professionals, the ASIS SRA Standard offers an up-to-date and forward-looking comprehensive and systematic approach to identifying, analysing, and evaluating security risks, ultimately empowering organisations to safeguard their assets, mitigate threats, and enhance resilience. 

Security risk assessments

“The ASIS Security Risk Assessment Standard is the result of extensive collaboration and expertise from a diverse group of pioneering security professionals with expertise in conducting security risk assessments,” stated ASIS International’s SRA Technical Committee Co-Chair, Jennifer Holcomb, PE, PMP, PSP, CPP, CPD.

She adds, “By outlining a systematic approach to security risk assessment, this standard empowers organisations to proactively identify and address vulnerabilities, ultimately strengthening their security posture. I am honoured to have contributed to this important initiative." 

Robust framework

This standard equips security practitioners with the tools and methodologies needed 

The ASIS SRA Standard sets the benchmark for excellence in security risk assessment practices.

With its robust framework and detailed guidance, this standard equips security practitioners with the tools and methodologies needed to conduct thorough and effective security risk assessments in diverse environments. 

Key features 

• Comprehensive Scope: The standard provides a detailed outline of the scope, objectives, and principles of security risk assessments, ensuring that all aspects of the assessment process are thoroughly covered. 
• Establishing the SRA Context: This section delves into the foundational elements of the SRA, including needs assessment, defining objectives, delineating roles, and responsibilities, and ensuring compliance with legal and other requirements. 
• Preparing SRA Activities: Offering practical guidance on authorisation, information gathering, planning, and documentation, this section prepares practitioners for the execution of the SRA process. 
• Conducting SRA Activities: From risk identification to evaluation, this section outlines the essential steps involved in analysing and assessing security risks, providing methodologies for both qualitative and quantitative analysis. 
• Post-SRA Activities: Following the assessment, this section guides organisations through the process of implementing risk treatments and establishing ongoing monitoring and improvement mechanisms. 
• General Principles: Emphasising impartiality, objectivity, competence, and confidentiality, this section underscores the ethical and professional standards that underpin the SRA process. 
• Contents of the Security Risk Assessment Report: Providing a template for reporting findings and recommendations, this section ensures clarity and consistency in communicating assessment outcomes. 

Insights and guidance

ASIS SRA Standard is poised to become the go-to resource for security professionals worldwide

With its emphasis on best practices, transparency, and continual improvement, the ASIS SRA Standard is poised to become the go-to resource for security professionals worldwide.

Whether users are seasoned practitioners or new to the field, this standard offers invaluable insights and detailed guidance for enhancing the organisation's security posture. 

A comprehensive roadmap

"We are proud to introduce the ASIS Security Risk Assessment Standard, a culmination of years of expertise and industry collaboration," said Sue Carioti, CAE, CStd, Vice President, Certification, Standards, ASIS International.

Sue Carioti adds, "With security risks evolving at an unprecedented pace, it is imperative for organisations to have a robust framework in place to assess and mitigate these risks effectively. The ASIS SRA Standard provides precisely that, a comprehensive roadmap for navigating the complexities of modern security challenges."