Requirement

RISK-1: Establish and Maintain Cyber Risk Management Strategy and Program

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MIL1 requirements
a. The organization has a strategy for cyber risk management, which may be developed and managed in an ad hoc manner

MIL2 requirements
b. A strategy for cyber risk management is established and maintained in alignment with the organization’s cybersecurity program strategy (PROGRAM-1b) and enterprise architecture
c. The cyber risk management program is established and maintained to perform cyber risk management activities according to the cyber risk management strategy
d. Information from RISK domain activities is communicated to relevant stakeholders
e. Governance for the cyber risk management program is established and maintained
f. Senior management sponsorship for the cyber risk management program is visible and active

MIL3 requirements
g. The cyber risk management program aligns with the organization's mission and objectives
h. The cyber risk management program is coordinated with the organization’s enterprisewide risk management program

This requirement is part of the framework:  
C2M2: MIL1
Best practices
How to implement:
RISK-1: Establish and Maintain Cyber Risk Management Strategy and Program

Oh no! No description found. But not to worry. Read from Tasks below how to advance this topic.

MIL1 requirements
a. The organization has a strategy for cyber risk management, which may be developed and managed in an ad hoc manner

MIL2 requirements
b. A strategy for cyber risk management is established and maintained in alignment with the organization’s cybersecurity program strategy (PROGRAM-1b) and enterprise architecture
c. The cyber risk management program is established and maintained to perform cyber risk management activities according to the cyber risk management strategy
d. Information from RISK domain activities is communicated to relevant stakeholders
e. Governance for the cyber risk management program is established and maintained
f. Senior management sponsorship for the cyber risk management program is visible and active

MIL3 requirements
g. The cyber risk management program aligns with the organization's mission and objectives
h. The cyber risk management program is coordinated with the organization’s enterprisewide risk management program

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RISK-1: Establish and Maintain Cyber Risk Management Strategy and Program
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How to comply with this requirement

In Cyberday, requirements and controls are mapped to universal tasks. Each requirement is fulfilled with one or multiple tasks.

Here's a list of tasks that help you comply with the requirement
RISK-1: Establish and Maintain Cyber Risk Management Strategy and Program
of the framework  
C2M2: MIL1
Task name
Priority
Task completes
Complete these tasks to increase your compliance in this policy.
Critical

The ISMS component hierachy

Framework

Sets the overall compliance standard or regulation your organization needs to follow.

Requirements

Break down the framework into specific obligations that must be met.

Tasks

Concrete actions and activities your team carries out to satisfy each requirement.

Policies

Documented rules and practices that are created and maintained as a result of completing tasks.

Never duplicate effort. Do it once - improve compliance across frameworks.

Reach multi-framework compliance in the simplest possible way
Security frameworks tend to share the same core requirements - like risk management, backup, malware, personnel awareness or access management.
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