CMMC Practice RM.2.141: Periodically assess the risk to organizational operations (including mission, functions, image, or reputation), organizational assets, and individuals, resulting from the operation of organizational systems and the associated processing, storage, or transmission of CUI.
CMMC CLARIFICATION (Ref CMMC – Appendix B)
Risk arises from anything that can reduce an organization’s assurance of mission/business success; cause harm to image or reputation; or harm individuals, other organizations, or the Nation.Organizations should assess the risk to their operations and assets at regular intervals. Areas where weakness or vulnerabilities could lead to risk may include:
- poorly designed and executed business processes;
- inadvertent actions of people, such as disclosure or modification of information;
- intentional actions of people, such as insider threat and fraud;
- failure of systems to perform as intended;
- failures of technology; and
- external events, such as natural disasters, public infrastructure and supply chain failures.
An organization can perform a formal or an informal risk assessment. In a formal risk assessment, you use established criteria and procedures. Formal risk assessments are documented. It is important to note that risk assessments differ from vulnerability assessments (See RM.2.142). A vulnerability assessment provides input to a risk assessmentalong with other information such as results from likelihood analysis and analysis of potential treat sources.