Posted: January 25th, 2023
1.
What is an IT risk assessment’s goal or objective?
2.
Why is it difficult to conduct a quantitative risk assessment for an IT infrastructure?
3.
What was your rationale in assigning a “1” risk impact/risk factor value of “Critical” to an
identified risk, threat, or vulnerability?
4.
After you had assigned the “1,” “2,” and “3” risk impact/risk factor values to the identified risks,
threats, and vulnerabilities, how did you prioritize the “1,” “2,” and “3” risk elements? What
would you say to executive management about your final recommended prioritization?
5.
Identify a risk-mitigation solution for each of the following risk factors:
a. User downloads and clicks on an unknown e-mail attachment
b. Workstation OS has a known software vulnerability
c. Need to prevent eavesdropping on WLAN due to customer privacy data access
d. Weak ingress/egress traffic-filtering degrades performance
e. DoS/DDoS attack from the WAN/Internet
f. Remote access from home office
g. Production server corrupts database
SOLUTION
The goal or objective of an IT risk assessment is to identify, evaluate, and prioritize potential risks to an organization’s information technology infrastructure and data. This includes identifying the likelihood and potential impact of each risk, as well as determining the appropriate controls and mitigation strategies to address those risks. The overall objective is to minimize the potential negative impact of risks on the organization’s operations, reputation, and bottom line.
Conducting a quantitative risk assessment for an IT infrastructure can be difficult for several reasons. One reason is that it can be challenging to accurately quantify the potential impact of a security incident or data breach. Additionally, IT infrastructures are complex systems that are constantly changing, making it difficult to predict how different security vulnerabilities or threats will interact with one another. Furthermore, the risk assessment relies on accurate data, which may not be available, or the data may be hard to access. Finally, the IT field is fast-moving and new technologies, vulnerabilities and threats are emerging all the time, making it difficult to stay current and identify all potential risks.
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