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NIST Special Publication 800-30 (rev 1), Guide for Conducting Risk Assessments, provides guidance for conducting risk assessments of federal information systems & organizations, amplifying the guidance in Special Publication 800-39. Risk assessments, carried out at all three tiers in the risk management hierarchy, are part of an overall risk management process—providing senior leaders with the information needed to determine appropriate courses of action in response to identified risks. In particular, this document provides guidance for carrying out each of the steps in the risk assessment process (i.e., preparing for, conducting, communicating the results of, & maintaining the assessment) & how risk assessments & other risk management processes complement & inform each other. It also provides guidance on identifying specific risk factors to monitor on an ongoing basis, so that organizations can determine whether risks have increased to unacceptable levels & different courses of action should be taken.
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