Southern New Hampshire University**We aren't endorsed by this school
Course
IT 313
Subject
Information Systems
Date
Dec 22, 2024
Pages
3
Uploaded by MinisterSparrow4766
Risk RegisterA. Explain the importance of a risk register as a decision aid.A risk register is a very important tool for informed decision making. By providing a structured overview of potential risks, their likelihood, their impact, and the possible mitigation strategies; it becomes an invaluable decision aid tool. This tool allows us to make informed decisions opposed to uninformed ones, it helps us see the bigger picture of the potential issues and fixes, it also helps ensure accountability, helps us to decide what issue or threat may take top priority, all of this reasons and more help us communicate better and understand the potential issues at hand.B. Describe the relationship between a risk register and the threat landscape for an organization.In truth the relationship between a risk register and the threat landscape for an organization leaves them closely interconnected, which forms a crucial part of an organization’s risk management strategy. The threat landscape is the overall environment of potential threats that could end up possibly harming an organization. Typically has a wide range of threats, such as cyberattacks, natural disasters, economic downturns, and regulatory changes. Meanwhile, a risk register is a document that lists potential risks, their likelihood, impact,and proposed mitigation strategies. This tool is often used identify, assess, and prioritize risk.
These tools are similar because they opten utilize the same strategy of identifying the risk, they both assess the potential risk, they attempt to mitigate the risk, and are both monitored for any additional or other threats.II.Business Impact Analysis (BIA)A. Explain the importance of a BIA as a decision aid.BIA is a crucial tool that helps organizations assess the potential consequences of disruptions to their operations. It is a valuable decision aid tool for several different reasons; It helps identify the most critical business functions and processes, this information allows organizations to allocate and effectively protect and recover these critical functions.Helps us understand vulnerabilities and weaknesses in their systen and processes. BIA also helps develop targeted risk mitigation strategies to minimize the impact of potential disruptions.B. Describe the relationship between the BIA and the survivability of an organization.BIA is a proactive approach to risk management that enhances an organizations ability to surviveand thrive in the face of adversity. By understanding the potential impact of disruptions, organizations can take steps to minimalize their impacts and ensure their long-term sustainability.
III.Risk Management PlanningA. Evaluate the strategic value of collectively applying systems thinking, an adversarial mindset, and the tenets of confidentiality, integrity, and availability (CIA) when security risk management planning.The collective application of systems thinking, an adversarial mindset, and the CIA triad tenets is a very powerful strategy for effective security risk management. Each element contributes significantly to a comprehensive and proactive approach to security.By combining these elements, organizations can achieve a robust security posture:A comprehensive risk assessment, effective risk mitigation, Resilient security architecture, data-driven decision making, and continue to make continuous improvements.