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Risk assessment and threat assessment should go hand-in-hand.The outcome of the risk assessment and threat assessment should provide recommendations that maximize the protection of confidentiality, integrity and availability while still providing functionality and usability. The purpose of a risk assessment is to ensure sensitive data and valuable assets are protected. An organization should take a hard look at who has access to sensitive data and if those accesses are required. The security audit should monitor the companies systems and users to detect illicit activity.The security audit should

As such, our company’s people resources pose the greatest risk for security breach. Our way to help mitigate risk in this area is to keep communication lines open in this area and to continually mandate security knowledge training, with mandatory updates on a regular basis. When the employees are informed of company policy when facing a security matter, they are better equipped to act in the best or right way. In this way knowledge is power – or at least empowerment to act in the best interest of the company’s information security.

To understand the role(s) of a Security Manager, a person must know what security is and what it means to an organization. According to Ortmeier, “security may be defined as a public or private service-related activity that provides personnel, equipment, and creates policies and procedures designed to prevent or reduce losses. These losses, caused by criminal action as well as by noncriminal events resulting from human error, emergencies, man-made and natural disasters, and business intelligence collection by competitors”. (2009).

Risk analysis is an integral part of data safety within an organization and the analysis is vital to the mission and success of an organization. Risk analysis is used “to identify threats and then provide recommendations to address these threats” (Taylor et al, 2006). Risk analysis encompasses not only the equipment and programs used in an organization but also covers the culture, managerial, and administrative processes to assure data security. A key factor in risk analysis is to have a good Information Resource Management Plan.

The Main Purpose of Security Management and Security Measures must be Commensurate with the Threat

According to IRM-AIRMIC-ALARM (2002), risk management actually defines every organisational strategic management; it comprises the process which identifies and treats the internal and external risks and adds sustainable value to the organisation and its stakeholders by decreasing the probability of not achieving the organisation’s overall objectives. The specific institutes suggest that risk management lies in the strategic, tactical and operational levels, and its embodiment in all tasks and roles is required; it is a consistent manner for an organisations’ operation, which leads to effective decision making, efficient allocation and protection of the organisational assets, and enrichment of the organisational

The purpose of this security plan is to elicit the potential threats to an organisation physical and electronic information holdings. Organisations in general are starting to take information security more sincerely due to the proliferation of mobile services, VPN connections, terrorism and natural disasters. We must however acknowledge that this very technology advancement is regarded as efficient but is also leading to a higher level of security risks. These risks must be mitigated to ensure the confidentiality, integrity, and availability of information assets. (The SANS Institute. 2007)

Security plays a major role in business. The value security Department brings to organizations is enormous as the department works hard to avert losses, shield property and human assets.

Think of your organizational assets from the eyes of an attacker motivated by crime, espionage, hacktivism and even warfare. In other words, what are our Top Threats and how do we know? Interview the Chief Risk Officer and Business Unit leadership and ask them “what keeps you up at night?”. Then tie these answers to Corporate objectives and strategies in a Risk Register.

Identify what you see as the main purpose of security management and discuss what is meant by the statement that ‘security measures must be commensurate with the threat’.

The continual process of enterprise risk management (ERM) has become an integral component of successful organizational assessment. The process of accurately identifying various risk factors and interpreting their potential advantages and disadvantages ensures that a business remains capable of anticipating and addressing internal and external contingencies. The following ERM implementation plan for the security of internet-accessible networks is intended to provide a navigable framework for the development of a comprehensive ERM standard, including procedures to guide internal auditing and the construction of a capable and contemporary cyber law policy. Within the organizational structure of any complex enterprise, such as a small software development business, the continual exchange of data necessary to facilitate operational efficiency allows for the presence of clearly identifiable risk factors to include hazard risks, financial risks, operational risks, and strategic risks.

Good security management requires risk management to mitigate or reduce risk to an acceptable level within an organization. Security management’s objective is to protect the company and its assets. A proper risk analysis will identify the company’s major assets, threats that put those assets at risk, and estimate the possible damage and loss a company may endure if any of the threats were to become real. With a good risk analysis, management can determine the type of budget they want to set to mitigate threats. Risk analysis justifies the cost of the countermeasures against the threats and determines the benefit or worth of security

Security risk management is “the culture, processes and structures that are directed towards maximizing benefits and minimizing disbenefits in security, consistent with achieving business objectives”. (Australia, 2006) And where

In this paper, I have discussed risk communication and risk management. In the first part of the paper, I have identified and explained the risk communication management and its significance. Later, I have discussed the importance of risk communication for security managers in any organization.

Security plays a major role in both the business and government worlds. We will discuss the legal aspects of organizational security management. Discuss both the positive and negative influences regarding organizational security. We will also be discussing what consequences will both business and government operations have to overcome if they fail to achieve security goals and objectives. The value private security management brings to businesses will also be discussed.