TPR2401P. Risk Management Unlocked: Leveraging ISO and NIST for SOC 2 Excellence

In this session, participants will explore the essential concepts of risk assessment and risk management, comparing the ISO and NIST risk assessment frameworks. They will learn practical techniques for conducting risk assessments and transitioning to effective risk management, with a focus on integrating these practices into SOC 2 compliance. Through real-world examples and best practices, the session will highlight the implications of these frameworks on SOC 2 reports, while addressing common challenges and future trends in risk management. An interactive Q&A will provide attendees with the opportunity to discuss specific concerns and applications.

Learning Objectives:

• Identify key risk management concepts as well as be able to define risk assessment and risk management.
• Identify the similarities and differences between the ISO and NIST approaches to risk management.
• Identify how and the importance of transitioning from risk assessment to risk management.
• Identify the relevance of risk management frameworks in the context of SOC 2 compliance and identify key considerations when incorporating ISO and NIST risk management practices into SOC 2 reports.