TutorialWeek07_Ans - ITC482 Computer Management &...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Tutorial Week 07 - Solutions Tutorial Week 07 - Solutions Week 07: Risk Management: Identifying and Assessing Risk Review Questions 1. What is risk management? Answer: Risk management is the process of discovering and assessing the risks to an organization's operations and determining how those risks can be controlled or mitigated. 2. List and describe the key areas of concern for risk management. Answer: Risk identification, risk assessment, and risk control. 3. Why is identification of risks, through a listing of assets and their vulnerabilities, so important to the risk management process? Answer: It is important so management can know the value of the asset of the company and what losses will be incurred if it is compromised. 4. According to Sun Tzu, what two things must be achieved to successfully secure information assets? Answer: To reduce risk in an organization, the organization must know itself and know its enemy. 5. Who is responsible for risk management in an organization? Answer: Management is responsible. 6. Which community of interest usually takes the lead in information asset risk management? Answer: The community that usually takes the lead in information asset risk management is management. Management must begin the identification process for threats\risks to the company. 7. Which community of interest usually provides the resources used when undertaking information asset risk management? Answer: The resources used when undertaking information asset risk management is usually provided by
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 02/15/2010 for the course ITC 594 taught by Professor Peterdalmaris during the Three '10 term at Charles Sturt University.

Page1 / 4

TutorialWeek07_Ans - ITC482 Computer Management &...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online