All Countries
Compliance
Information Security Risk Assessment Policy

Information Security Risk Assessment Policy Template for Nigeria

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Information Security Risk Assessment Policy

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Information Security Risk Assessment Policy

"I need an Information Security Risk Assessment Policy for a Nigerian fintech startup with approximately 50 employees, focusing heavily on cloud security and third-party vendor assessments, ensuring compliance with NDPR and Central Bank of Nigeria requirements."

Celebrated by
Collaborations with
Investors
Document background
The Information Security Risk Assessment Policy serves as a critical governance document for organizations operating in Nigeria, establishing standardized procedures for identifying and managing information security risks. This policy is essential for compliance with the Nigeria Data Protection Regulation (NDPR) 2019, the Cybercrimes Act 2015, and other relevant Nigerian legislation. It should be implemented when organizations need to establish or update their information security risk management practices, particularly in response to new threats, regulatory changes, or organizational growth. The policy includes detailed procedures for risk identification, analysis, and treatment, along with specific roles and responsibilities for implementation and ongoing monitoring. It is designed to be adaptable across different organizational sizes and sectors while maintaining compliance with Nigerian legal requirements and international security standards.
Suggested Sections

1. Purpose and Scope: Defines the objectives of the policy and its applicability across the organization

2. Definitions: Comprehensive glossary of technical terms, concepts, and abbreviations used throughout the policy

3. Policy Statement: High-level statement of management's commitment to information security risk assessment

4. Roles and Responsibilities: Defines key stakeholders and their responsibilities in the risk assessment process

5. Risk Assessment Methodology: Detailed explanation of the organization's approach to identifying, analyzing, and evaluating information security risks

6. Risk Assessment Process: Step-by-step procedures for conducting risk assessments, including frequency and triggers

7. Risk Treatment: Guidelines for developing and implementing risk treatment plans

8. Documentation Requirements: Standards for recording and maintaining risk assessment documentation

9. Compliance and Reporting: Requirements for regulatory compliance and internal reporting procedures

10. Review and Update: Procedures for periodic review and updating of the risk assessment policy

Optional Sections

1. Industry-Specific Requirements: Additional requirements for specific sectors (e.g., financial institutions, healthcare providers)

2. Cloud Security Assessment: Specific procedures for assessing cloud-based services and infrastructure

3. Third-Party Risk Assessment: Procedures for assessing risks associated with vendors and third-party service providers

4. Business Continuity Integration: Integration with business continuity and disaster recovery planning

5. Remote Work Security Assessment: Specific considerations for assessing risks related to remote work arrangements

Suggested Schedules

1. Risk Assessment Templates: Standardized templates for conducting and documenting risk assessments

2. Risk Matrix: Template for risk evaluation criteria and scoring matrices

3. Asset Classification Guide: Guidelines for classifying information assets based on sensitivity and criticality

4. Threat Catalog: List of common threats and vulnerabilities relevant to the organization

5. Control Framework Mapping: Mapping of controls to relevant frameworks and regulations

6. Risk Treatment Plan Template: Template for documenting and tracking risk treatment actions

7. Assessment Schedule: Annual schedule of planned risk assessments and reviews

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Asset
Threat
Vulnerability
Risk
Risk Assessment
Risk Treatment
Risk Owner
Control
Security Incident
Information Asset
Confidentiality
Integrity
Availability
Impact
Likelihood
Risk Matrix
Risk Register
Residual Risk
Risk Appetite
Risk Tolerance
Security Control
Information System
Critical Asset
Data Classification
Personal Data
Sensitive Information
Risk Management
Security Breach
Control Effectiveness
Risk Level
Inherent Risk
Risk Profile
Security Requirements
Compensating Control
Risk Mitigation
Threat Actor
Attack Vector
Security Objective
Information Security Event
Risk Assessment Methodology
Treatment Plan
Control Framework
Risk Category
Security Policy
Compliance
Audit Trail
Data Subject
Data Controller
Data Processor
NDPR
Information Security Management System
Risk Assessment Report
Security Standard
Third-Party Risk
Business Impact
Risk Acceptance
Risk Transfer
Risk Avoidance
Security Architecture
Information Classification Level
Clauses
Purpose and Scope
Governance
Roles and Responsibilities
Risk Assessment Methodology
Risk Identification
Risk Analysis
Risk Evaluation
Risk Treatment
Documentation and Records
Compliance
Reporting Requirements
Review and Updates
Confidentiality
Data Protection
Security Controls
Asset Classification
Threat Assessment
Vulnerability Management
Control Implementation
Monitoring and Review
Incident Response
Business Continuity
Third-Party Assessment
Training and Awareness
Audit Requirements
Exceptions and Deviations
Policy Enforcement
Regulatory Compliance
Security Standards
Performance Measurement
Risk Communication
Change Management
Documentation Requirements
Quality Assurance
Continuous Improvement
Relevant Industries

Financial Services

Healthcare

Technology

Telecommunications

Government

Education

Manufacturing

Energy

Retail

Professional Services

Insurance

Transportation and Logistics

Media and Entertainment

Non-profit Organizations

Construction

Relevant Teams

Information Security

Information Technology

Risk Management

Compliance

Internal Audit

Legal

Operations

Human Resources

Data Protection

Security Operations

IT Governance

Digital Infrastructure

Business Continuity

Enterprise Architecture

Relevant Roles

Chief Information Security Officer

Information Security Manager

Risk Manager

Compliance Officer

IT Director

Data Protection Officer

Security Analyst

IT Auditor

Chief Technology Officer

Chief Risk Officer

Information Security Analyst

Cybersecurity Manager

IT Security Specialist

Risk Assessment Coordinator

Security Operations Manager

Privacy Officer

IT Governance Manager

Information Systems Manager

Industries
Nigeria Data Protection Regulation (NDPR) 2019: The primary data protection regulation in Nigeria that sets requirements for processing personal data, including security measures and risk assessments
Cybercrimes (Prohibition, Prevention, etc.) Act 2015: Provides the legal framework for cybersecurity in Nigeria, including requirements for protecting computer systems and networks
National Information Technology Development Agency Act 2007: Establishes NITDA's authority to develop regulations and guidelines for electronic governance and monitoring of the use of information technology and systems
Central Bank of Nigeria's Risk-Based Cybersecurity Framework 2018: Provides guidelines for cybersecurity in the financial sector, including risk assessment methodologies
Standards Organization of Nigeria Act: Relevant for compliance with information security standards and best practices adopted in Nigeria
Computer Security and Critical Information Infrastructure Protection Bill: Addresses the protection of critical information infrastructure and computer systems in Nigeria
Nigerian Communications Commission Act: Regulates telecommunications networks and services, including aspects of information security in communications
Freedom of Information Act 2011: Impacts how certain types of information should be protected while ensuring transparency in public institutions
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Information Security Risk Assessment Policy

A comprehensive information security risk assessment framework aligned with Nigerian regulations and international standards.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.