As a Systems Security Officer, why is risk management important? Be sure to address the importance of protecting assets, measuring the threat to those assets, and how the controls address the level of risk.
Use at least three of the terms discussed in this chapter in your response. Use the text and examples from the video in your response.
Reminder:
Submit your initial post to weekly discussion forums by day four of the week, midnight (Eastern Time).
1. Initial responses should be a minimum of 150 words in length.
2. A minimum of 1 response to a fellow student is required with a minimum of 50 words.
Risk management is important because, risk can harm/damage reputation, finances, assets, or even individuals. Managing risks is a bit of a balancing act as you must determine what an asset etc is worth and how much it will cost to lessen or eliminate that risk as well as determine its overall impact on the business. You must also consider the likelihood of an event occurring in order to justify the change or investment to fight the risk.