Criticality Critical Active

Application Risk Assessment

Establishes application risk assessment including risk identification, threat assessment, business impact assessment, risk scoring, risk treatment, monitoring, reporting, review, and continuous improvement.

Control ID
APP-012
Domain Code
APP
Control Nature
Detective
Business Owner
Application Security / Risk Owner
Category
Administrative
Compensating Control
No

Control Overview

APP-012 · Full Control Profile
Business Description

Establish and maintain processes to identify, assess, evaluate, and monitor security risks associated with internally developed, commercial, third-party, and cloud-based applications.

Business Objective

Prioritize application security activities based on business impact, threat exposure, and organizational risk.

Business Benefits

    Business Risks if Missing

      Stakeholders, Industries & Technologies

      APP-012 · Operating Context

      Primary Stakeholders

      Applicable Industries

      Applicable Technologies

      Mapped Regulatory & Industry Frameworks

      Harmonized Framework Mappings

      The following compliance and regulatory frameworks map directly to this control's governance scope.

      FRAMEWORK CODE FRAMEWORK NAME & DESCRIPTION FAMILY / CATEGORY VERSION ACTION
      COBIT2019 COBIT COBIT is an enterprise governance and management f...
      COBIT
      Governance Framework
      		 v2019 View →
      DORA Digital Operational Resilience Act The EU Digital Operational Resilience Act establis...
      EU
      Regulation
      		 vCurrent View →
      HIPAA Health Insurance Portability and Accountability Act HIPAA is a U.S. federal law supported by implement...
      US
      Law
      		 vCurrent View →
      IRDAI IRDAI Information & Cyber Security Guidelines IRDAI information and cyber-security requirements...
      India
      Guideline
      		 vLatest View →
      ISO22301 ISO/IEC 22301 ISO 22301 specifies requirements for a Business Co...
      ISO
      Standard
      		 v2019 View →
      ISO27001 ISO/IEC 27001 ISO/IEC 27001 specifies auditable requirements for...
      ISO
      Standard
      		 v2022 View →
      NIS2 NIS2 Directive The NIS2 Directive establishes EU-wide cybersecuri...
      EU
      Directive
      		 vCurrent View →
      NIST-CSF NIST Cybersecurity Framework (CSF) The NIST Cybersecurity Framework provides high-lev...
      NIST
      Framework
      		 v2 View →
      NIST80053 NIST SP 800-53 NIST SP 800-53 Rev. 5 presents control families, i...
      NIST
      Control Catalog
      		 vRev. 5 View →
      NPCI-ISR NPCI Information Security Requirements NPCI information-security requirements define cont...
      India
      Standard
      		 vLatest View →
      PCI-DSS PCI DSS PCI DSS is an industry security standard maintaine...
      PCI
      Standard
      		 v4 View →
      RBI-CSF RBI Cyber Security Framework / Master Directions RBI cyber-security requirements and directions set...
      India
      Regulation
      		 vLatest View →
      SEBI-CSCRF SEBI Cyber Security & Cyber Resilience Framework SEBI’s Cybersecurity and Cyber Resilience Framewor...
      India
      Regulation
      		 vLatest View →
      SOC2 SOC 2 Trust Services Criteria SOC 2 is an independent examination and reporting...
      AICPA
      Audit Framework
      		 vLatest View →
      ISO27002 ISO/IEC 27002 ISO/IEC 27002 is a guidance standard containing a...
      ISO
      Standard
      		 v2022 View →

      Parent Domain Context

      Governance Domain Baseline
      Domain Name:
      Application Security (APP)
      Purpose:
      To ensure the security of internally developed and acquired applications.
      Scope:
      Enterprise
      View

      Compliance Requirements & Audit Crosswalk

      10 Specific Audit Clauses

      The following requirements dictate specific audit evidence criteria and testing steps mapped directly under this control.

      REQUIREMENT ID REQUIREMENT TITLE & DETAILS MAPPED CONTROL TYPICAL OWNER ACTION
      APP-012-R001 Risk Assessment Framework The organization shall establish an appl... APP-012 Application Risk Assessment Product Management / Application Security / Risk Owner View ↗
      APP-012-R002 Risk Identification The organization shall identify security... APP-012 Application Risk Assessment Product Management / Application Security / Risk Owner View ↗
      APP-012-R003 Threat Assessment The organization shall conduct threat as... APP-012 Application Risk Assessment Product Management / Application Security / Risk Owner View ↗
      APP-012-R004 Business Impact Assessment The organization shall conduct business... APP-012 Application Risk Assessment Product Management / Application Security / Risk Owner View ↗
      APP-012-R005 Risk Scoring The organization shall apply consistent... APP-012 Application Risk Assessment Product Management / Application Security / Risk Owner View ↗
      APP-012-R006 Risk Treatment The organization shall define and implem... APP-012 Application Risk Assessment Product Management / Application Security / Risk Owner View ↗
      APP-012-R007 Risk Monitoring The organization shall monitor applicati... APP-012 Application Risk Assessment Product Management / Application Security / Risk Owner View ↗
      APP-012-R008 Risk Reporting The organization shall report on applica... APP-012 Application Risk Assessment Product Management / Application Security / Risk Owner View ↗
      APP-012-R009 Risk Review The organization shall conduct periodic... APP-012 Application Risk Assessment Product Management / Application Security / Risk Owner View ↗
      APP-012-R010 Continuous Improvement The organization shall establish a conti... APP-012 Application Risk Assessment Product Management / Application Security / Risk Owner View ↗