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Management Of Information Security

6th Edition
WHITMAN + 1 other
Publisher: Cengage Learning,
ISBN: 9781337405713

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BuyFindarrow_forward

Management Of Information Security

6th Edition
WHITMAN + 1 other
Publisher: Cengage Learning,
ISBN: 9781337405713
Chapter 6, Problem 5RQ
Textbook Problem
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Who is responsible for risk management in an organization?

Program Plan Intro

Risk Management:

  • Risk management refers to the mitigation of risk.
  • It is defined as a process of discovering, analyzing, and assessing the risks to an organization’s operations.
  • It also determines how these risks can be controlled and mitigated.
  • The various sources of risk include uncertainty in financial markets, legal liabilities, threats from project failures, credit risk, etc.
  • Several risk management standards was developed such as Project Management Institute, the National Institute of Standards and Technology, and ISO standards.

Explanation of Solution

Responsible for risk management:

  • In an organization, all stakeholders are responsible for risk management; management is accountable...

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