Management Of Information Security
6th Edition
ISBN: 9781337405713
Author: WHITMAN, Michael.
Publisher: Cengage Learning,
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Question
Chapter 7, Problem 12RQ
Program Plan Intro
Strategy of acceptance:
- The risk treatment strategy of acceptance is an understanding of the consequences and acknowledgment of the identified risk by the proper level of authority, without any attempt at control or mitigation.
- Risk acceptance is also known as risk retention.
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Under what circumstances should risk control strategies be applied?
A recommended approach is that the people assigned to implement a risk management program should begin by studying the models presented earlier in this chapter and identifying what each offers to the envisioned process. Once the organization understands what each risk management model offers, it can adapt one that is a good fit for the specific needs at hand.
Which risk control strategy would you consider the most effective and why? When should the strategy be used and why should it not be used for all risks?
A list and short description of the five risk-control strategies should be provided.
Chapter 7 Solutions
Management Of Information Security
Ch. 7 - Prob. 1RQCh. 7 - Prob. 2RQCh. 7 - Prob. 3RQCh. 7 - Prob. 4RQCh. 7 - Prob. 5RQCh. 7 - Prob. 6RQCh. 7 - Prob. 7RQCh. 7 - Prob. 8RQCh. 7 - Prob. 9RQCh. 7 - Prob. 10RQ
Ch. 7 - Prob. 11RQCh. 7 - Prob. 12RQCh. 7 - Prob. 13RQCh. 7 - Prob. 14RQCh. 7 - Prob. 15RQCh. 7 - Prob. 16RQCh. 7 - Prob. 17RQCh. 7 - Prob. 18RQCh. 7 - Prob. 19RQCh. 7 - Prob. 20RQCh. 7 - Prob. 1ECh. 7 - Prob. 2ECh. 7 - Prob. 3ECh. 7 - Prob. 4ECh. 7 - Prob. 5ECh. 7 - Prob. 6ECh. 7 - Prob. 7ECh. 7 - Prob. 1DQCh. 7 - Prob. 2DQCh. 7 - Prob. 1EDM
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Similar questions
- There should be a list and short explanation of the five methods of risk management.arrow_forwardPlease provide a concise explanation for each of the five different risk-control techniques.arrow_forwardHave you experienced scope creep in your development of a Risk Management Plan (or other policy)? If so, how did you handle it? If not, what actions would you have taken to control scope creep? (Remember, if you have not personally experienced this situation, please research a company or individual who has dealt with scope creep and provide a brief overview of their situation. Be sure to copy/paste the link from which you retrieved the information)arrow_forward
- How are decisions about an individual's risk status arrived at?arrow_forwardWhich of the following are stages of risk-based analysis Select one: a. Risk identification, analysis and classification, decompisition and reduction assessment are not the complete stages b. Risk identification, analysis and classification, decompisition and reduction assessment c. Risk decompisition and reduction assessment d. Risk identification, analysis and classificationarrow_forwardYou are needed to discuss each of the themes listed below in your own words, using your own terminology. You must keep your discussions on each subject to a maximum of 200 to 400 words in length each. Risk Management Techniques in the Field of Software Engineeringarrow_forward
- The output of Risk identification is: Select one: a. Risk description b. Risk assessment c. Root cause analysis d. Dependibility requirementsarrow_forwardIt is critical to identify the five risk-control techniques and provide a concise explanation of each.arrow_forwardOn what basis the acceptance plan is prepared?arrow_forward
- you are required using your own words to discuss each of the topics below. You need to limit your discussion on each topic to be between 200 to 400 words. Risk Management Strategies in Software Engineeringarrow_forwardAn outside consultant has been hired to perform a risk analysis for a company. As part of the report, he details the likelihood of certain events occurring, as well as the impact they would have. Which of the following could he use to display this information in his report? a. Impact analysis b. Risk matrix c. Qualitative risk calculation d. Quantitative risk calculationarrow_forward
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