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  • Essay / Analysis of the Fundamentals of Risk Assessment

    Risk assessment involves determining the exposure of organizational operations to threats that may interfere with the organization's normal functions and missions through security systems. 'information. The risk assessment process consists of measuring the proper functioning of the IT system based on the probability of occurrence of a risk that could lead to undesirable effects. Risk assessment involves qualitative and quantitative approaches identifying the various risk factors threatening the organization's IT system. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get Original Essay It identifies the threats and various vulnerabilities that can be used to penetrate the organization's data systems by unauthorized entrants. These include time domain, target domain, resource domain, and attacker attack method domain. Identification of existing vulnerabilities/weaknesses such as lack of effective risk management strategies, poor communication within the agency, poor alignment of organizational architecture, and poor architectural decisions (National Institute of Standards and Technology – NIST , 2012). It is important to design an intervention plan. to protect the computer system of the compromising organization. This involves identifying, evaluating and deciding on the most appropriate course of action to take to mitigate the negative effects of the risk. They require a combination of level 1, level 2 and level 3 activities such as risk avoidance, risk management through data security and sharing risk information with risk controllers potential (NIST, 2011). Information security uses a top-down approach because it takes into account various aspects such as the right of access to information. Normally, the culture of rights and powers within the organization follows the same top-down pattern. As a result, the mandates and responsibilities of seniors are more important at the top of the hierarchy than at the bottom of the ladder. The need for high confidence in organizational information is at the senior level rather than at the junior staff level. Therefore, the power to give direction and maintain trust is more concentrated with higher impact at the top, resulting in greater effectiveness in using the top-down approach compared to a bottom-up approach. Senior management impacts risk assessment and response plans through the provision of advice on appropriate risk management decisions to be made. The process involves different stages of risk detection by identifying weaknesses in the organizational information system. Senior management provides both tactical measures to respond to risks, such as applying patches to identify vulnerabilities, and strategic measures to address threats. Management is responsible for identifying the organizational elements responsible for responding to risks and the actions to be taken. They provide a timeline for implementing risk response measures as well as identifying risk monitoring triggers (NIST, 2011). Management governs by monitoring compliance of risk control measures, ensuring the effectiveness of established measures, and monitoring any changes that may be necessary to implement. Keep in mind: this is just a sample. Get a personalized document now.