Risk management

The process of managing risks to organizational operations
(including mission, functions, image, reputation), organizational assets, individuals, other organizations, and the Nation, resulting from the operation of an information system, and includes: (i) the conduct of a risk assessment; (ii) the implementation of a risk mitigation strategy; and (iii) employment of techniques and procedures for the continuous monitoring of the security state of the information system.
SOURCE: SP 800-53; SP 800-53A; SP 800-37
SOURCE: FIPS 200

The process of managing risks to agency operations (including mission, functions, image, or reputation), agency assets, or individuals resulting from the operation of an information system. It includes risk assessment; cost-benefit analysis; the selection, implementation, and assessment of security controls; and the formal authorization to operate the system. The process considers effectiveness, efficiency, and constraints due to laws, directives, policies, or regulations.
SOURCE: SP 800-82; SP 800-34

The process of managing risks to organizational operations (including mission, functions, image, or reputation), organizational assets, individuals, other organizations, or the nation resulting from the operation or use of an information system, and includes: (1) the conduct of a risk assessment; (2) the implementation of a risk mitigation strategy; (3) employment of techniques and procedures for the continuous monitoring of the security state of the information system; and (4) documenting the overall risk management program.
SOURCE: CNSSI-4009
SOURCE: SP 800-39