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Security Risk Assessment

In: Computers and Technology

Submitted By hallinm
Words 902
Pages 4
Security Risk Assessment
Southern New Hampshire University
Michael Hallin

Security risk analysis, which is also known as risk assessment, is essential to the security of any company and benefits the overall business goal. It is vital in ensuring that controls and costs are fully equal with the risks to which the organization is exposed. Having a well laid plan for disaster recovery comes from a good risk analysis of a company. A company’s IT Business Manager and associated team must identify and assess the organizations assets and give them a value. A good IT risk assessment involves identifying what functions need to be reestablished first after a disaster or an attack to the system. Restoration to full operational capability is significantly enhanced when the company is prepared and has taken appropriate action prior to an emergency or disaster (Group, 2005). The steps to identifying IT risks in a company include: determining which of the company’s assets have the most value to the business, identifying the risks that are applicable to those assets. After the risks are identified, they need to be logically examined to see how likely the risk can occur. If the risk is likely to be a factor, then the companies must take action to mitigate those risks. An example of this would be the company’s exchange server, which in almost all companies is a priority 1 asset, also called an essential entity. A server always has a risk of crashing; an exchange server has databases that can corrupt, so how would a company recover from this? The IT department would need to have a backup of exchange, so that the exchange administrator can load the back up if the exchange server was to crash. Another option is to use snapshot, which can be run weekly, this way if you were to have corrupted .edb or .stm files, you can load a good copy of them. Another way to mitigate

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