Assignment: Assets and Risk Management
In order to successfully manage risk, one must understand risk itself and the assets at risks. The way one goes about managing risk will depend on what needs to be protected, and from what to protect it.
Write a three to four page paper in which you:
1. Explain at least two different risk assessment methodologies.
2. Describe the key approaches to identifying threats relevant to a particular organization.
3. Describe different types of assets that need protection.
4. Explain the relationship between access and risk, and identify the tradeoffs of restricting access to the organization's assets.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.
The specific course learning outcomes associated with this assignment are:
• Describe the components of an effective organizational risk management program.
• Use technology and information resources to research issues in IT risk management.
• Write clearly and concisely about topics related to IT risk management using proper writing mechanics and technical style conventions.