IT Risk Assessor in Colorado Career Overview

As an IT Risk Assessor, you play a vital role in the information technology landscape, focusing on identifying, analyzing, and mitigating risks that could impact an organization's data and systems. Your responsibilities revolve around ensuring that IT infrastructures are secure, compliant, and resilient against evolving threats.

  • Risk Identification: You assess IT systems to pinpoint vulnerabilities and potential risks, considering factors such as technology, processes, and human behavior.

  • Risk Analysis: Your role involves evaluating the severity and likelihood of identified risks, utilizing analytical tools and methodologies to determine potential impacts on business operations.

  • Mitigation Strategies: You develop strategies and recommendations aimed at reducing or eliminating risks. This includes policy formulation, security protocols, and other best practices designed to enhance the overall security posture.

  • Compliance Monitoring: Staying informed about regulatory requirements and industry best practices is crucial. You ensure that the organization adheres to various compliance standards, such as GDPR, HIPAA, or PCI DSS.

  • Collaboration: You often work alongside IT teams, management, and stakeholders to communicate risks and advocate for necessary changes. This collaboration is essential for embedding a culture of risk awareness within the organization.

  • Continuous Improvement: The field of IT risk assessment is dynamic, requiring you to continuously update your knowledge and skills to address new challenges and threats. This adaptability ensures that your organization remains protected in an ever-evolving technological landscape.

In summary, as an IT Risk Assessor, your expertise not only safeguards organizational assets but also fosters a proactive approach to managing threats, ultimately enhancing the integrity and reliability of IT systems.

IT Risk Assessor Salary in Colorado

Annual Median: $123,590
Hourly Median: $59.42

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.

Required Education To Become an IT Risk Assessor in Colorado

To become an IT Risk Assessor, you will need to obtain specific educational qualifications and undergo relevant training. Consider pursuing one of the following degree programs:

  • Computer and Information Systems Security and Information Assurance

    • This program focuses on the protection of information systems and will provide you with the foundational knowledge needed to assess risks in IT environments.
  • Cyber and Computer Forensics and Counterterrorism

    • With an emphasis on the investigation of cyber crimes, this degree will equip you with skills to identify vulnerabilities and mitigate risks associated with cyber threats.
  • Cybersecurity Defense Strategy and Policy

    • This program covers the strategies and policies vital to defending against cyber threats, preparing you for assessments related to risk management and compliance.
  • Information Resources Management

    • This degree emphasizes managing and protecting information resources, which is essential for evaluating risks related to data management and IT systems.
  • Risk Management

    • Focusing specifically on identifying, assessing, and mitigating risks, this educational path will be directly relevant to your role as an IT Risk Assessor.

In addition to these degree programs, you may also benefit from certifications in relevant areas, such as risk management frameworks and cybersecurity standards, which can enhance your knowledge and professional standing.

Best Schools to become a IT Risk Assessor in Colorado 2024

Western Governors University

Salt Lake City, UT

In-State Tuition:$7,404
Out-of-State Tuition:$7,404
Admission Rate:N/A
Graduation Rate:49%
Total Enrollment:156,935

University of Maryland Global Campus

Adelphi, MD

In-State Tuition:$7,488
Out-of-State Tuition:$11,976
Admission Rate:N/A
Graduation Rate:19%
Total Enrollment:55,838

University of Phoenix-Arizona

Phoenix, AZ

In-State Tuition:$9,552
Out-of-State Tuition:$9,552
Admission Rate:N/A
Graduation Rate:18%
Total Enrollment:88,891

University of the Cumberlands

Williamsburg, KY

In-State Tuition:$9,875
Out-of-State Tuition:$9,875
Admission Rate:83%
Graduation Rate:44%
Total Enrollment:18,053

Collin County Community College District

McKinney, TX

In-State Tuition:$3,450
Out-of-State Tuition:$5,550
Admission Rate:N/A
Graduation Rate:18%
Total Enrollment:35,077

Purdue University Global

West Lafayette, IN

In-State Tuition:$10,080
Out-of-State Tuition:$13,356
Admission Rate:N/A
Graduation Rate:20%
Total Enrollment:45,125
IT Risk Assessor Job Description:
  • Plan, implement, upgrade, or monitor security measures for the protection of computer networks and information.
  • Assess system vulnerabilities for security risks and propose and implement risk mitigation strategies.
  • May ensure appropriate security controls are in place that will safeguard digital files and vital electronic infrastructure.
  • May respond to computer security breaches and viruses.

IT Risk Assessor Required Skills and Competencies in Colorado

  • Analytical Skills: You must be able to evaluate complex information and identify potential risks in IT processes and systems. Analyzing data, trends, and metrics will enable you to make informed decisions.

  • Attention to Detail: A keen eye for detail ensures that you can scrutinize security protocols, compliance frameworks, and system configurations to spot vulnerabilities or discrepancies.

  • Communication Skills: Your ability to communicate effectively with both technical and non-technical stakeholders is essential. You should be able to clearly present risk assessments and recommend mitigation strategies to diverse audiences.

  • Technical Knowledge: A solid understanding of IT infrastructure, network architecture, and cybersecurity principles is necessary. Familiarity with firewalls, intrusion detection systems, and encryption techniques is often required.

  • Risk Management Expertise: You should possess a strong grasp of risk assessment methodologies and frameworks such as NIST, ISO 27001, and COBIT. This knowledge helps in evaluating risks and implementing effective management strategies.

  • Problem-Solving Skills: You will encounter various challenges and must be capable of developing practical solutions quickly. Creative thinking will aid in addressing issues that arise during risk evaluations.

  • Project Management Abilities: Effective project management skills ensure that you can plan, execute, and oversee risk assessment projects. You should be capable of keeping projects on schedule and within budget.

  • Knowledge of Regulatory Compliance: Understanding industry regulations and standards, such as GDPR, HIPAA, and PCI-DSS, is critical for ensuring that your organization maintains compliance and mitigates legal risks.

  • Interpersonal Skills: Building relationships across the organization is vital. You should be able to work collaboratively with teams and influence others to prioritize risk management efforts.

  • Continuous Learning Mindset: The field of IT risk assessment is constantly evolving. A commitment to ongoing education about emerging technologies, threats, and best practices will keep you well-informed and effective in your role.

Job Duties for IT Risk Assessors

  • Develop plans to safeguard computer files against accidental or unauthorized modification, destruction, or disclosure and to meet emergency data processing needs.

  • Encrypt data transmissions and erect firewalls to conceal confidential information as it is being transmitted and to keep out tainted digital transfers.

  • Monitor current reports of computer viruses to determine when to update virus protection systems.

Technologies and Skills Used by IT Risk Assessors

Data base user interface and query software

  • Amazon Elastic Compute Cloud EC2
  • Blackboard software

Transaction security and virus protection software

  • NortonLifeLock cybersecurity software
  • Stack smashing protection SSP software

Web platform development software

  • Google Angular
  • Spring Framework

Basic Skills

  • Reading work related information
  • Thinking about the pros and cons of different ways to solve a problem

People and Technology Systems

  • Figuring out how a system should work and how changes in the future will affect it
  • Thinking about the pros and cons of different options and picking the best one

Problem Solving

  • Noticing a problem and figuring out the best way to solve it

Job Market and Opportunities for IT Risk Assessor in Colorado

The job market for IT Risk Assessors in Colorado is currently dynamic, reflecting a growing emphasis on cybersecurity and data protection across various industries. Here are some key aspects of the job market and opportunities available to you:

  • High Demand: There is a robust demand for IT Risk Assessors driven by increasing concerns over cybersecurity threats, data breaches, and regulatory compliance. Organizations are seeking professionals who can identify and mitigate risks associated with their information systems.

  • Growth Potential: The field of IT risk assessment is projected to expand, with significant growth expected in the coming years. As technology evolves and more businesses transition to digital frameworks, the need for risk assessment and management will likely increase. Additionally, as regulatory frameworks become more strict, companies will require experts to navigate compliance challenges.

  • Geographical Hotspots:

    • Denver: As Colorado's largest city, Denver hosts many technology firms, financial institutions, and government agencies, all of which require IT Risk Assessors.
    • Boulder: Known for its startup ecosystem and technology-centric culture, Boulder presents numerous opportunities for IT risk professionals, particularly in innovation-driven companies.
    • Colorado Springs: This city has a significant presence of defense contractors and tech firms, offering roles focused on technology security and risk management.
    • Fort Collins: With a growing tech scene and emphasis on data protection, Fort Collins is another area where IT Risk Assessors can find opportunities, especially in the thriving software industry.
  • Industry Diversity: Opportunities are available across various industries in Colorado, including finance, healthcare, technology, and government. Each sector has unique risk management needs, allowing for a varied career path within the field.

  • Remote Work: The rise of remote work arrangements has broadened your opportunities as an IT Risk Assessor. Many organizations are open to hiring remote professionals, giving you the flexibility to work for companies outside your immediate geographic area while residing in Colorado.

  • Networking and Professional Associations: Engaging with professional groups and attending industry conferences can be beneficial for staying informed about job openings and trends within the field. Organizations such as the Information Systems Security Association (ISSA) and the Institute of Risk Management (IRM) offer resources to help you connect with other professionals.

By understanding the current landscape of the IT Risk Assessor job market in Colorado, you can strategically position yourself to take advantage of the numerous opportunities available in this growing field.

Additional Resources To Help You Become an IT Risk Assessor in Colorado

  • National Institute of Standards and Technology (NIST)
    Explore guidelines and resources for managing risk through cybersecurity frameworks.
    NIST Cybersecurity Framework

  • International Information System Security Certification Consortium (ISC)²
    Access valuable training resources and certification options focused on information security and risk management.
    ISC2 Official Site

  • Risk Management Society (RIMS)
    A prominent association dedicated to advancing the practice of risk management, offering webinars, publications, and networking opportunities.
    RIMS Website

  • Information Systems Audit and Control Association (ISACA)
    Provides extensive resources on IT governance, risk management, and controls, including certifications specific to IT audit and risk.
    ISACA Official Site

  • The SANS Institute
    An organization dedicated to professional cybersecurity training, with a variety of courses focused on risk assessment and management.
    SANS Training Services

  • Cybersecurity & Infrastructure Security Agency (CISA)
    Offers guidance on assessing and managing cybersecurity risk, including best practices and tools.
    CISA Risk Management

  • Institute of Risk Management (IRM)
    This organization provides resources for understanding and advancing the practice of risk management across various sectors.
    IRM Official Site

  • Project Management Institute (PMI)
    Gain insights into risk management from a project management perspective, including standards, guides, and certifications.
    PMI Risk Management

  • Harvard Business Review (HBR)
    Find articles and case studies regarding business risk assessments, management strategies, and leadership in risk management.
    HBR Risk Management

  • Books: "Risk Management in Organizations: A Guide for Managers" by Michael J. Frenz
    A foundational text that outlines strategic approaches to risk management within organizational contexts.

  • Books: "The Risk Management Handbook: A Practical Guide to Managing the Multiple Dimensions of Risk" by David Hillson
    This book serves as a practical guide discussing various risk management tools and techniques relevant for professionals.

Frequently Asked Questions (FAQs) About IT Risk Assessor in Colorado

  • What is the role of an IT Risk Assessor?
    An IT Risk Assessor evaluates an organization's information technology systems to identify, analyze, and mitigate potential risks. You focus on ensuring data security, compliance with regulations, and the implementation of best practices to protect the organization's digital assets.

  • What qualifications do I need to become an IT Risk Assessor?
    Typically, a bachelor's degree in computer science, information technology, or a related field is required. Relevant certifications such as Certified Information Systems Auditor (CISA), Certified Information Systems Security Professional (CISSP), or Certified in Risk and Information Systems Control (CRISC) can enhance your qualifications.

  • What skills are essential for an IT Risk Assessor?
    Key skills include strong analytical abilities, attention to detail, knowledge of cybersecurity protocols, risk management principles, and familiarity with regulatory standards. Communication skills are also important for conveying risk assessments to non-technical stakeholders.

  • What is the job outlook for IT Risk Assessors in Colorado?
    The demand for IT Risk Assessors is on the rise in Colorado, in line with national trends. As organizations increasingly recognize the importance of cybersecurity and risk management, job opportunities are expected to grow, with a favorable job market for qualified professionals.

  • What types of industries employ IT Risk Assessors?
    IT Risk Assessors work across various sectors, including finance, healthcare, government, technology, and education. Any organization that relies on information technology for operations and data management may require risk assessment expertise.

  • What are the typical job duties of an IT Risk Assessor?
    Your responsibilities typically include performing risk assessments, developing risk management strategies, monitoring compliance with laws and regulations, conducting audits of IT systems, and reporting on risk exposure and mitigation efforts.

  • How much do IT Risk Assessors earn in Colorado?
    Salaries for IT Risk Assessors in Colorado can vary based on experience, education, and the specific industry. On average, you can expect a salary range from $80,000 to $120,000 annually, with higher salaries for positions in larger organizations or industries with stringent regulatory requirements.

  • What advancement opportunities exist for IT Risk Assessors?
    With experience, you can move into senior risk management positions, such as Director of Risk Management or Chief Information Security Officer (CISO). Continuous education and obtaining advanced certifications can also aid your career progression.

  • What is the work environment like for IT Risk Assessors?
    IT Risk Assessors typically work in office environments, although remote work arrangements are increasingly common. The role may involve collaborating with IT teams, management, and external auditors, requiring a balance between individual analysis and teamwork.

  • How can I stay updated on industry trends and best practices in IT Risk Assessment?
    You can stay informed by joining professional organizations, attending industry conferences, participating in webinars, and reading relevant publications or blogs. Networking with other professionals in the field can also provide insights into the latest trends and challenges in IT Risk Assessment.