Hello I need help with this discussion for my Risk Management class. Risk assessment is an inexact science. One of the key factors in evaluating risk and developing a risk mitigation strategy is the tolerance for risk, which can be inexact as well. Read the following ARTICLE (Links to an external site.) and discuss the following questions: 1. What are some of the key factors in determining risk tolerance as it relates to information security? 2. How do you determine IS risk tolerance within an organization? 3. Based on your experience, do you consider your organization (current or prior) to be risk tolerant or risk averse when it comes to information security?

Management Of Information Security
6th Edition
ISBN:9781337405713
Author:WHITMAN, Michael.
Publisher:WHITMAN, Michael.
Chapter3: Governance And Strategic Planning For Security
Section: Chapter Questions
Problem 5E
icon
Related questions
Question

Hello I need help with this discussion for my Risk Management class.

Risk assessment is an inexact science. One of the key factors in evaluating risk and developing a risk mitigation strategy is the tolerance for risk, which can be inexact as well. Read the following ARTICLE (Links to an external site.) and discuss the following questions:

1. What are some of the key factors in determining risk tolerance as it relates to information security?

2. How do you determine IS risk tolerance within an organization?

3. Based on your experience, do you consider your organization (current or prior) to be risk tolerant or risk averse when it comes to information security?

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Management Of Information Security
Management Of Information Security
Computer Science
ISBN:
9781337405713
Author:
WHITMAN, Michael.
Publisher:
Cengage Learning,
Information Technology Project Management
Information Technology Project Management
Computer Science
ISBN:
9781337101356
Author:
Kathy Schwalbe
Publisher:
Cengage Learning
Principles of Information Security (MindTap Cours…
Principles of Information Security (MindTap Cours…
Computer Science
ISBN:
9781337102063
Author:
Michael E. Whitman, Herbert J. Mattord
Publisher:
Cengage Learning
Principles of Information Systems (MindTap Course…
Principles of Information Systems (MindTap Course…
Computer Science
ISBN:
9781305971776
Author:
Ralph Stair, George Reynolds
Publisher:
Cengage Learning