Assignment Directions: Risk Assessment
Purpose:
Using the NIST SP 800-37 framework, conduct a thorough analysis of your company's current security posture to conduct a comprehensive risk assessment. Prepare and submit a detailed risk assessment report summarizing your findings in a maximum of ten (10) pages, double-spaced, and following APA 7th edition guidelines. You may use charts and graphs as needed. Need Assignment Help?
Task:
Risk Assessment: Prepare a comprehensive risk assessment report covering all of the following components:
1. Scope and Objectives: Define the scope and objectives of the risk assessment.
2. Critical Functions: Identify and prioritize critical functions and assets to be protected within your company.
- Identify what items or information needs to be collected and secured.
3. Potential Threats and Likelihood: Evaluate potential threats and assess their likelihood of occurrence.
4. Vulnerabilities: Identify vulnerabilities within the current security architecture.
5. Controls Assessment: Assess existing security controls in place.
6. Security Gaps: Identify any gaps in security measures.
7. Risk of Uncovered Gaps: Evaluate the risk associated with not covering identified security gaps. For example, perform a Business Impact Analysis, a brief overview detailing what business functions could be impacted as the result of a threat or vulnerability.
8. Mitigations: Suggest potential mitigations to address identified risks and gaps.
9. Assumptions and Limitations: Document any assumptions or limitations in the assessment process.