week08 - Week 08 ITC482 Computer Management & Security...

Info iconThis preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon
ITC482 Computer Management & Security Week 08 Management of Information Security, 2nd ed. - Chapter 8 Slide 2 Learning Objectives Upon completion of this chapter, you should be able to: Understand and select from the risk mitigation strategy options to control risk Identify the risk control classification categories Use existing conceptual frameworks to evaluate risk controls, and formulate a cost benefit analysis Maintain and perpetuate risk controls Understand the OCTAVE approach to managing risk, and locate more detailed information about it if and when necessary
Background image of page 1

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

View Full DocumentRight Arrow Icon
Management of Information Security, 2nd ed. - Chapter 8 Slide 3 Introduction To keep up with the competition, organizations must design and create a safe environment in which business processes and procedures can function This environment must maintain confidentiality and privacy and assure the integrity and availability of organizational data These objectives are met via the application of the principles of risk management Management of Information Security, 2nd ed. - Chapter 8 Slide 4 Risk Control Strategies An organization must choose one of four basic strategies to control risks Avoidance : applying safeguards that eliminate or reduce the remaining uncontrolled risks for the vulnerability Transference : shifting the risk to other areas or to outside entities Mitigation : reducing the impact should the vulnerability be exploited Acceptance : understanding the consequences and accepting the risk without control or mitigation
Background image of page 2
Management of Information Security, 2nd ed. - Chapter 8 Slide 5 Avoidance Avoidance is the risk control strategy that attempts to prevent the exploitation of the vulnerability Avoidance is accomplished through: Application of policy Application of training and education Countering threats Implementation of technical security controls and safeguards Management of Information Security, 2nd ed. - Chapter 8 Slide 6 Transference Transference is the control approach that attempts to shift the risk to other assets, other processes, or other organizations This may be accomplished by rethinking how services are offered, revising deployment models, outsourcing to other organizations, purchasing insurance, or by implementing service contracts with providers
Background image of page 3

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

View Full DocumentRight Arrow Icon
Management of Information Security, 2nd ed. - Chapter 8 Slide 7 Mitigation Mitigation is the control approach that attempts to reduce, by means of planning and preparation, the damage caused by the exploitation of vulnerability This approach includes three types of plans: Disaster recovery plan (DRP) Incident response plan (IRP) Business continuity plan (BCP) Mitigation depends upon the ability to detect and respond to an attack as quickly as possible Management of Information Security, 2nd ed. - Chapter 8 Slide 8 Table 8-1 Summaries of Mitigation Plans
Background image of page 4
Management of Information Security, 2nd ed. - Chapter 8 Slide 9
Background image of page 5

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

View Full DocumentRight Arrow Icon
Image of page 6
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 30

week08 - Week 08 ITC482 Computer Management & Security...

This preview shows document pages 1 - 6. Sign up to view the full document.

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