When conducting a risk assessment, what types of assets should be considered and what different types...
When conducting a risk assessment, what types of assets should be considered and what different types of impacts could an organization have to deal with?
Homework Answers
Answer:-------------
Risk assessment is the identification of hazards that could negatively impact an organization's ability to conduct business. These assessments help identify these inherent business risks and provide measures, processes and controls to reduce the impact of these risks to business operations.
Risk assessment steps:------------
Step 1: Identify the hazards.
Step 2: Determine what, or who, could be harmed.
Step 3: Evaluate the risks and develop control measures.
Step 4: Record the findings.
Step 5: Review and update the risk assessment regularly.
Companies can use a risk assessment framework (RAF) to prioritize and share the details of the assessment, including any risks to their information technology (IT) infrastructure. The RAF helps an organization identify potential hazards and any business assets put at risk by these hazards, as well as potential fallout if these risks come to fruition.
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