Cyber Security Risk Management Questions And Answers, Graded A+/ Verified.
CYBER SECURITY RISK MANAGEMENT QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. Define assets and provide some examples. - -resources owned by a business, they can be hardware, software or data. IT related assets would be computers, IT shared areas, personal teaching resources, timetables etc. What are the steps in cyber risk management? - -Users must -identify assets -mitigate risks -monitoring and controlling systems -protect vulnerabilities -cost/benefit Why is asset value important? - -This must be calculated because risk management is costly, meaning organisations cannot spend money on protection which is of higher value than the asset value. Each asset is considered in terms of the types of threat it may face. However asset value must be calculated carefully, such as if an old server is stolen, the data in there would be costly, so the company should protect the server. Describe measuring risks and what is involves - -Risks can be measured in other ways than cost, such as the types of incident which may occur, how likely it is. Risk management involves taking steps to monitor the system or network to identify its weaknesses or vulnerabilities and put in place sufficient and appropriate security.
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