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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
SECURITY ANALYSIS Overview • Know yourself: examine, identify, and understand the information and systems which are currently in place • Know the enemy: examine, identify,
Risk Control Strategies Once the ranked vulnerability risk worksheet has created, they should choose one of following 4 strategies to control each risk: • Apply safeguards wh
With explain the encryption model the help of diagram. Symmetric cipher model uses the secret-key or a single-key for encryption/decryption purposes. It employs a symmetric encr
Packet Filtering Firewall Packet filtering is a network security mechanism that works by controlling what data can flow in and out of the network. The basic device that interco
NEED FOR SECURITY Primary mission of information security to ensure that the systems and contents stay the same If no threats, could focus on improving the systems, resulting in
Problem 1: What is the function of AUC in the GSM architecture? Explanation of HLR(AUC) Architecture of GSM Problem 2: Show the layered architecture of t
Question: (a) What is the minimum length of a password that could be considered to be "strong" in the context of today's computing power? (b) The security of a PIN system,
(a) What is a pseudorandom generator? Give an example describing how it works. (b) Explain the key components of a wireless network and their purpose. (c) Describe the authen
(a) (i) If m = p·q·r where p, q, and r are prime numbers, what is Φ(m)? (ii) Therefore, Determine Φ(440). (b) Describe the following terms as used in cryptography: (i)
ADDRESS RESOLUTION WITH MESSAGE EXCHANGE An alternative to local calculation is a distributed function. A computer that requires to find an address transmits a message across
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