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Assignment 1-CIS 527 IT Risk Management
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RISK MANAGEMENT

 

CIS 527 IT Risk Management

Dr. Hines

January 16, 2016

 

 

This paper will help analyze risk management. In the process it will show that everything has some sort of risk with it. How to control some of the risks and working through others. As you control risks in a business or life you are advancing yourself or business. This paper will break out some of the benefits as well as some of the losses that could happen. Then it will help you understand the need for risk management and give some examples of how it can help with a business.

Contrast risk, threat, and vulnerability.

We all need to understand what risk, threat, and vulnerability are. Risk is the mix of vulnerability and threats, or where the two overlap each other. Threat is the potential danger to the targeted organization. Then vulnerability is the flaws that are in the system, network, business operations, software, and others.(Penetration Testing Tools, 2016). Helped with the synopsis of the definitions.

Fist part that will be broken down will be threats. “Threatsgenerally can NOT be controlled. One can’t stop the efforts of an international 

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