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Unit 1 Assignment 1 Application of Risk Management Techniques

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In accordance with each of the threat/vulnerability pairs and their likelihood of occurrence, each of the possible risk will be listed below and how we will mitigate each:
-Malware
This can occur because of outdate virus protection and lack of employee knowledge.
The best mitigation for this would be to update the current virus protection program and allow for constant updates through the firewall for updates for each program.
-Equipment Failure
This will occur when equipment isn’t maintained properly or just failure over time. This will lead to data loss due to not backing up data.
The best way to mitigate this issue would be to back up data regularly and keep copies of all data to an off-site location.
-Denial of Service Attacks
This can occur when proper firewall and intrusion detection systems are not properly implemented.
Mitigation for this would be to implement firewalls along with intrusion detection systems and monitor all traffic accordingly.
-Users
Users themselves that are not properly trained and kept on check can cause major damage to a company’s network. Lack of access control and giving out admin privileges to all users is dangerous.
Mitigation for this issue can be implemented by add access controls and authentication parameters.

In this brief report, I have included all of the possible threats and vulnerabilities and have proposed solutions for each. Upon researching and studying on probable causes of concern for you company’s assets, I have stated all possible issues and solutions to each

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