Risk management discussion points, Computer Network Security

Risk Management Discussion Points

Organizations should define level of risk it can live with

Risk appetite: it defines quantity and nature of risk which organizations are willing to accept as tradeoffs between perfect security and unlimited accessibility.

Residual risk: risk which has not been completely removed, shifted, or planned for. The following Figure illustrates how residual risks remains after safeguards are employed.



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Posted Date: 10/8/2012 6:57:22 AM | Location : United States

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