Risk Management

IT Risk Management Policy

An IT-specific risk management policy template for identifying, assessing, and mitigating technology risks across infrastructure, applications, and services.

14-18 pages|Updated 2026-02-15|3 frameworks

What's Included

1. Purpose & Scope

Defines IT risk management objectives and scope.

2. IT Risk Governance

Establishes governance for IT risk management.

3. IT Risk Assessment

Outlines methodology for assessing technology risks.

4. IT Risk Treatment

Defines treatment options for identified IT risks.

5. IT Risk Monitoring

Establishes continuous monitoring for IT risk indicators.

6. IT Risk Reporting

Defines reporting requirements and escalation paths.

7. Review & Improvement

Sets review cycle and improvement processes.

Frequently Asked Questions

What should a it risk management policy include?

A comprehensive it risk management policy should include purpose & scope, it risk governance, it risk assessment, it risk treatment, and more. This template covers 7 key sections aligned to ISO 27001, NIST SP 800-53, COBIT requirements.

Which frameworks require a risk management policy?

Major frameworks requiring risk management policies include ISO 27001, NIST SP 800-53, COBIT. This template maps directly to their control requirements, making it easier to demonstrate compliance across multiple standards.

How often should a it risk management policy be reviewed?

Best practice is to review your it risk management policy at least annually, or whenever significant changes occur in your organisation, technology environment, or regulatory landscape. Most frameworks including ISO 27001 and NIST CSF require documented policy review cycles.

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