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Risk Control StrategiesOnce the ranked vulnerability risk worksheet has created, they should choose one of following 4 strategies to control each risk:• Apply safeguards which eliminates/ reduce the remaining uncontrolled risks for the vulnerability.• Transfer risk to other areas /to outside entities.• Reduce impact should the vulnerability be exploited.• Understand consequences and accept risk (acceptance) without control/mitigation.Avoidance• Attempts to avoid exploitation of vulnerability• Preferred approach; accomplished through countering threats, restricting asset access, removing asset vulnerabilities, and adding protective safeguards• Three basic methods of risk avoidance:1 Application of policy2 Training and education3 Applying technologyTransference• Control approach which attempts to shift risk to other assets, or organizations• If lacking, organization should hire individuals/firms which provide security management and administration expertise• Organization may then transfer risk related with management of complex systems to another organization experienced in dealing with the risks.Mitigation• Attempts to reduce the impact of vulnerability exploitation through planning and preparation• Approach includes 3 types of plans:1 Incident response plan (IRP)2 Disaster recovery plan (DRP)3 Business continuity plan (BCP)’Acceptance• Not doing anything to protect vulnerability and accepting outcome of its exploitation• Valid when the particular function, information, or asset doesn’t justify cost of protection• Risk appetite describes the degree to which the organization is willing to allow risk as trade off to the expense for applying the controls.
Question: (a) Explain the following security services: Confidentiality, Availability. (b) Which attack will be used to bypass even the best physical and logical security m
STAR TOPOLOGY In this topology, all devices are attached to a central point, which is sometimes known as the "Hub" as given in the diagram below. Figure: An ideal
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Five years ago, Calgary Kids' Cloth Ltd was just a small retail store in downtown Calgary. The company started their own factory in SE Calgary to produce outdoor clothes for kids.
Confidentiality Confidentiality of information ensures that only those with sufficient privileges may access specific information. When unauthorized individuals can access inform
MegaCorp INC. is a large manufacturing firm that operates 5 factories in Dallas, 4 factories in Los Angeles, and 5 factories in Albany, New York. It operates a tightly connected
Sometimes the special character may see in data and as a part of data they will be misinterpreted as packet data. The solution to this cause is Byte stuffing. In general to
The "Big Red Rocks" (BRR) mining company is based and operates in Western Australia. They are primarily an iron ore miner, but they also produce electricity through tidal power to
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