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Risk owners vs asset owners.

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lina6 Created:   Jan 27, 2017 Last commented:   Jan 28, 2017

Risk owners vs asset owners.

Hi there. Could you please explain the difference between the risk owner functional responsibilities and that of the asset owners'. Thank you!
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ISO 27001 DOCUMENTATION TOOLKIT

Step-by-step implementation for smaller companies.

ISO 27001 DOCUMENTATION TOOLKIT

Step-by-step implementation for smaller companies.

Expert
Rhand Leal Jan 28, 2017

Asset owners are those with responsibilities regarding organizational assets, while risk owners have the responsibility to handle risks. The relationship between these two functions is: asset owners identify risks that may impact their assets and risk owners take appropriated actions to reduce those risks to levels acceptable by asset owners, according policies and criteria defined by the organization. Once controls to treat risks are implemented, they are measured and their effectiveness results are evaluated by asset owners and top management to ensure they are working properly or need adjustments, to be made by risk owners.

This article will provide you further explanation about risk owners and asset owners:
- Risk owners vs. asset owners in ISO 27001:2013 https://advisera.com/27001academy/knowledgebase/risk-owners-vs-asset-owners-in-iso-270012013/

These materials will also help you regarding risk owners and asset owners:
- Book ISO 27001 Risk Management in P lain English https://advisera.com/books/iso-27001-annex-controls-plain-english/
on-your-own/
- Free online training ISO 27001 Foundations Course https://advisera.com/training/iso-27001-foundations-course/

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lina6 Jan 30, 2017

Thank you so much. Could you please advise the two methods the company can use to determine its level of legal compliance. Thank you.

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