Problem
Nofsinger Consulting Services is hosting a business round table for prospective clients for its Cybersecurity & IT practice. The principals have asked the interns to prepare a set of background papers which can be used in form potential clients about risk and risk management for their small businesses. Your background paper must address the following questions:
• What are the business benefits of identifying and managing risk?
• Why should a small company (fewer than 80 employees) spend money identifying and managing IT security risks? (Discuss potential impacts of 3 to 5 common IT security risks.)
Write a 3 to 5 paragraph client-focused essay that provides relevant and helpful information for prospective clients. Make sure that your essay answers the two questions above and provides useful and relevant examples. Your essay should not exceed 500 words so be concise, accurate, and clear in your essay.