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INTRODUCTION TO RISK MANAGEMENTRisk management is the procedure of identifying and controlling risks facing an organization. Risk management is the discipline which is employed for identifying, monitoring and limiting risks. In some of the cases the acceptable risk can be near zero. Risks can occur from accidents, natural calamities and disasters as well as deliberate attacks from an adversary. The several components of risk management and their relationship to each other are shown in Figure given below.2.1.The main ISO standards on risk management include in businesses, risk management organized activity to manage threats and uncertainty and involves people following procedures and by using tools in order to ensure conformance with risk management policies Components of Risk ManagementThe whole process is made up of 2 major components. They are• Risk identification is the procedure of examining and documenting an organization’s present information technology security situation.• Risk control is the procedure of applying controls to reduce risks to an organizations data and information system.Risk management is used in the public sector to identify and mitigate the risk to critical infrastructure. These methodologies comprise of the following elements, performed in the following order.• identify assets and identify which are the most critical• identify, characterize, and assess the threats• assess vulnerability of critical assets to specific the threats• determine the risk (that is the expected consequences of specific types of attacks on specific assets)• identify the methods to reduce those risks• prioritize the risk reduction measures based on strategy
Secure a Wireless Network WIRELES Most online retailers provide some type of privacy statement. Many statements are long, and appear in small print, and many appear to be simi
Information and Network Security Part 1- Recovery of an encrypted `word' using a forward search attack. Complete and correct summary for part 1. Adequately commented, clea
Question 1 a) Explain how CSMA/CD works. b) Describe the term "exponential back-off". c) Describe the differences between "circuit switching" and "packet switching". d) Th
BUSINESS NEEDS Information security performs four main functions for an organization. 1. Protects the ability of organization to function. 2. Enables safe operation of applicat
The following message was enciphered with a Vigenère cipher. aikiaawgfspxeppvjabjnivulfznzvkrlidamsmyamlvskniyffdpbwtnxsvvbtnamvltsefoeycztkomylmerkwrs deusjgecmzkwvnreeyp
1. We used the National Vulnerability Database. Select a recent vulnerability from that Database and analyse it from the following aspects: Criticality level Impact in
LOG FILE MONITORS Log file monitor (LFM) is similar to NIDS. It reviews log files generated by servers, network devices, and even other IDSs for patterns and signatures. Pattern
The best results obtained in the PIIT classes have been when the technique has been used in tutorial groups, rather than have students submit individual reflections on particular c
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Consider the following case study: In order to avoid criticisms of their existing manned road-toll payment system on its private road, WS-Pass has decided to adopt an automated
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