Principles of Information Security (MindTap Course List)
Principles of Information Security (MindTap Course List)
6th Edition
ISBN: 9781337102063
Author: Michael E. Whitman, Herbert J. Mattord
Publisher: Cengage Learning
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Chapter 12, Problem 5E

Explanation of Solution

Risk assessment:

  • Risk assessment is used to define the overall method or process where the person identifies hazards and risk factors that have the potential to cause harm.
  • Evaluate and analyze the risk related with that hazard
  • Determine correct ways to remove the hazard or control the risk when the hazard can’t be removed.

Critical risks:

The risk assessment is a process of finding and documenting the risk that a process, action or project introduces to the institute and may also include proposing suggestions for controls that can decrease that risk.

Business partner risk assessment:

It is used when a suggestion for connectivity with business partners is being estimated...

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What exactly is the purpose of doing a risk assessment and identifying potential weak spots?
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