Free Cybersecurity Risk Assessment Template | Download PDF

Cybersecurity risk assessment template

Our cybersecurity risk assessment template equips you to systematically identify, evaluate, and document digital threats—such as phishing, malware, ransomware, and insider breaches—across your organization. It enables you to assess vulnerabilities, assign risk levels, and capture mitigation actions in a unified, audit-ready format.

With cyberattacks estimated to cause $8 trillion in global damages in 2023, proactive risk management is more critical than ever. For managing other operational risks, see our dedicated IT, vendor, or ISO 27001 risk assessment templates.

Related categories

Preview of the template

Page 1

General Information

Organization Name

Assessment Date

Assessed By

Asset Inventory

Total Number of Devices

Number of Servers

Number of Workstations

Number of Mobile Devices

Number of Network Devices

Threat Assessment

Have there been any security incidents in the last 12 months?

Are there any known vulnerabilities in the systems?

Is there a history of targeted attacks?

What is the likelihood of a successful attack?

Security Controls

Are there access controls in place?

Is data encrypted at rest and in transit?

Is there a incident response plan?

Are employees trained on security best practices?

Risk Scoring

What is the impact of a successful attack?

What is the overall risk score?

Recommendations

Recommended security improvements

Timeline for implementation

Estimated budget for improvements

Frequently asked questions

What are the main steps involved in conducting a cybersecurity risk assessment?

The process typically involves defining your assessment scope, identifying valuable assets, mapping potential threats and vulnerabilities, evaluating possible impacts, prioritizing risks, and recommending controls. Afterward, you’ll document findings and regularly review or update the assessment as your systems or threat landscape change.

What are the most common cybersecurity risks organizations face today?

Common risks include phishing attacks, malware, ransomware, insider threats, misconfigured cloud storage, weak passwords, and outdated software. Businesses should also watch for supply chain vulnerabilities, social engineering, and risks arising from remote work environments.

Which frameworks or standards are useful for structuring a cybersecurity risk assessment?

Widely recognized frameworks include NIST Cybersecurity Framework, ISO/IEC 27001, and CIS Controls. These provide structured methodologies for identifying, evaluating, and managing cybersecurity risks, helping you align with industry best practices and regulatory expectations.

How can small or medium-sized businesses effectively manage cybersecurity risks with limited resources?

Start by identifying your most valuable data and systems, focusing protection efforts there. Use strong passwords, enable multi-factor authentication, keep software updated, and provide security awareness training for staff. Even basic steps can significantly reduce risk, and there are free or affordable tools available.

This template, developed by Lumiform employees, serves as a starting point for businesses using the Lumiform platform and is intended as a hypothetical example only. It does not replace professional advice. Companies should consult qualified professionals to assess the suitability and legality of using this template in their specific workplace or jurisdiction. Lumiform is not liable for any errors or omissions in this template or for any actions taken based on its content.