Using Security Risk Analysis (SRA) in Risk Mitigation
Using Security Risk Analysis (SRA) in Risk Mitigation
For this task, imagine that you are a senior risk assessor for an organization (it may help to select a specific organization with which you are familiar). You have spent sleepless nights when conducting the security risk analysis (SRA) of the organization. Top-level management determines that the result of the SRA indicated excessive risk. Is excessive risk synonymous with lots of risk? What approaches can you use to handle confirmation of excessive risks in the organization?
Length: 4-6 pages, not including titles and reference pages.
References: Support your assignment with a minimum of 6 scholarly resources.
Your audience for this assignment is yourself. Discuss your own reasoning and thoughts on the assignment prompt and how you would act as the SRA for the organization you have chosen.
Your paper should demonstrate thoughtful consideration of the ideas and concepts that are presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards.
Solution Preview
For the international business community, it is essential to manage the risks of the business to ensure its continuity into the long-term. When a company is faced with risks the challenge remains in how well prepared the company is in facing such risks. One important aspect of risk management is risk analysis to establish whether the risks that a company faces are excessive and consequently come up with efficient ways to mitigate them. The proper management of risks significantly depends on the accuracy of the analysis which depends on the availability of changing and evolving terms of resources including technology, innovation, and human resource (Tularam & Attili, 2012). As Senior Risk Assessor of a major company, I have been made aware of the availability of excessive risk facing the company thereby requiring me to use the available resources to come up with appropriate ways to handle this excessive risks.
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