POL-16: Risk Management Policy

Purpose

This policy establishes the framework for identifying, assessing, and managing risks to LNC Nexus systems and data. It ensures that legal-medical knowledge and analysis services are protected against threats.

Scope

This policy applies to all LNC Nexus hosted, private, and self-managed deployments. It covers all information assets and business processes.

Policy Statements

Risks shall be identified, assessed, and treated regularly. Risk acceptance requires explicit approval. In self-managed deployments, customers are responsible for their own risk management; LNC Nexus provides the framework but not the enforcement. Regulated data handling requires additional risk assessments. No risk shall be accepted without proper documentation.

Roles and Responsibilities

The Security Team defines risk management standards and monitors compliance. Department heads assess and treat risks in their areas. The Executive Team approves risk acceptance. Users report potential risks.

Evidence and Review

Risk registers, assessment reports, and audit records serve as evidence of compliance. The Security Team conducts periodic reviews of risk management practices and investigates anomalies. Deployment-specific configurations are treated as controlled material.

Exceptions

Exceptions to this policy require written approval from the Security & Compliance owner or delegated risk owner and must be documented with a risk acceptance statement. Exceptions are valid only for a defined period and must be re-evaluated before expiration.

Enforcement

Violations of this policy may result in disciplinary action, up to and including termination, and legal prosecution where applicable. Operations may be suspended immediately upon detection of a violation.

Related Policies

POL-4 (Vulnerability Management Policy), POL-12 (Business Continuity Policy), POL-17 (Incident Response Policy).

Revision History