...Threats and Risks Assessment The determination of natural, man-made, and technological risks is the responsibility of security management and security personnel. Threats and risks are vital to determine to lessen the damages caused to assets within the organization. Retail organizations have many assets that are needed to be protected from threats and risks in order to maintain quality customer service. The threats and risks can either be caused from the inside threats or outside threats. The most common risks that are present in retail organizations are fires, internal and external thefts, and burglaries. Threats and vulnerabilities are managed and determined by security officials on a daily basis to ensure proper protocols are being upheld when risks present themselves. Retail Threat and Risk Assessment The determination of threats and risks that affect all organizations, not just specific organizations, must first be made by using a threat and vulnerability assessment and risk analysis. “The first step in a risk management program is a threat assessment. A threat assessment considers the full spectrum of threats for any given facility/location. The assessment should examine supporting information to evaluate the likelihood of occurrence for each threat” (National Institute of Building Sciences, 2012). The threats and vulnerabilities within the organization are discovered and then a risk analysis is used to determine which risks are most likely to be present within...
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...Threats and Risks Assessment Class: SEC 400 Instructor: Steven Shelton By: Kyle Robbins Date: 8/24/15 When you are in charge of security for a place such as Under Armour there are many different factors you must consider things such as Internal theft, external theft, damaged merchandise being shipped in, robbery of merchandise, robbery of tills and safe, terrorist bomb threat, hostage situation, relationships between coworkers, sexual harassment, tornado, and floods. In this paper we will talk about some of these along with what loss would come with this happening. The Under Armour factory outlet store in Commerce GA is located in the Tanager outlet shopping center. The store itself continues to grow each year with customers and stronger merchandise made from Under Armour. Currently the store makes around 3.4 million dollars a year and is projected to only grow more and more. This is one of the many different factory and brand-house stores that Under Armour has all across America. In order to keep this store profitable I have developed this threat risk assessment that is attached both with and within this paper. The threats are broke down from the most possible and damaging to the company to the least likely to affect the company. The list is as follow, * The Risk Threat rank Criticality Total * External theft 9 ...
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...Risk assessment is a structured and methodical process, which is reliant on the correct identification of hazards and a suitable assessment of risks ascending from them, with a sight to making inter-risk comparisons for purposes of their control and prevention. Information technology, as a technology with the fastest rate of development and application in all branches of business, requires adequate protection to provide high security. The focus of the safety analysis applied on an information system is to recognize and evaluate threats, vulnerabilities and safety characteristics. IT assets are uncovered to risk of harm or losses. IT security includes protecting information stored electronically. That protection implies data integrity, availability and confidentiality. According to“Risk Assessment of Information Technology Systems” (2009) risk assessment is the most critical part of Information Security Management (ISM). Risk Management and Risk Assessment involves analysis, planning, implementation, control and monitoring of implemented measurements, and Risk Assessment, as part of Risk Management. It involves several processes: · Risk identification, · Relevant risk analysis, · Risk evaluation The main purpose of Risk Assessment is to make a choice whether a system is acceptable, and which measures would provide its acceptability. For every organization using IT in its business process it is important to conduct the risk assessment. Numerous threats and vulnerabilities...
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...Assets and Risk Management Michael Young 29 October 2015 Abstract One of the most important responsibility in any organization is to protect the assets and seek ways to harden systems by performing test and implementing Intrusion Detection Systems (IDS). With the increase in attacks by hackers most organizations use vulnerability, threat, and exploit assessment to help keep their systems protected. A risk exist when threats are able to exploit vulnerabilities. It is understood there will always be a risk and threat. The technology used to infiltrate systems today has advanced significate over the years. I believe companies do not invest enough money in testing their systems regularly. In this paper I will talk about two (2) risk assessment methodologies and the key approaches to identifying threats relevant to an organization. I will also discuss the different types of assets that need protection. Lastly, I will explain the relationship between access and risk, and identify the tradeoffs of restricting access to the organization’s assets. Assets and risk management are essential components to a successful organization. Risk Assessment A risk assessment can save you time and resources if you follow the procedures, and utilize the resources available to conduct your assessment. The two preferred methods used to identify threats are reviewing historical data and threat modeling. The technique used often depends on the environment and resources available. Some companies...
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...RISK MANAGEMENT PLAN PURPOSE AND SCOPE The purpose of the Risk Management Plan is to establish an approach to monitoring, evaluating, and managing risks throughout the life of the project. A risk is an uncertain event or condition that has a negative or positive effect on the project’s objectives. The risk management plan will identify potential risk, assess individual risk and its impact on performance, cost, and schedule of the overall project and develop an action plan that handles individual risk. RISK PLAN OBJECTIVES The scope of this risk assessment assessed the system’s use of resources and controls (implemented or planned) to eliminate and/or manage vulnerabilities exploitable by threats internal and external to the Project. If exploited, these vulnerabilities could result in: • Unauthorized disclosure of data • Unauthorized modification to the system, its data, or both • Denial of service, access to data, or both to authorized users This Risk Assessment Report evaluates the confidentiality (protection from unauthorized disclosure of system and data information), integrity (protection from improper modification of information), and availability (loss of system access) of the system. Recommended security safeguards will allow management to make decisions about security-related initiatives. PROJECT RISKS This risk assessment methodology and approach was conducted using the guidelines in NIST SP 800-30, Risk Management Guide for Information Technology Systems...
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...company records, and many other intangible items. An asset is what we’re trying to protect. Threat – Anything that can exploit a vulnerability, intentionally or accidentally, and obtain, damage, or destroy an asset. A threat is what we’re trying to protect against. Vulnerability – Weaknesses or gaps in a security program that can be exploited by threats to gain unauthorized access to an asset. A vulnerability is a weakness or gap in our protection efforts. Risk – The potential for loss, damage or destruction of an asset as a result of a threat exploiting a vulnerability. Risk is the intersection of assets, threats, and vulnerabilities. A + T + V = R That is, Asset + Threat + Vulnerability = Risk. Risk is a function of threats exploiting vulnerabilities to obtain, damage or destroy assets. Thus, threats (actual, conceptual, or inherent) may exist, but if there are no vulnerabilities then there is little/no risk. Similarly, you can have a vulnerability, but if you have no threat, then you have little/no risk. Impact is the total profit/loss which is obtained through the above activities. Impact is like an output. In the context of Risk assessment, the relation between Assets, Threats, Vulnerabilities, Impact and Risk can be clearly understood with the aid of this picture. 2. Risk Assessment versus Business Impact Analysis In today’s world, the difference between Risk assessment (RA) and Business impact analysis (BIA) are becoming...
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...Security Management RISK ASSESMENT Information systems have long been at some risk from malicious actions or inadvertent user errors and from natural and man-made disasters. In recent years, systems have become more susceptible to these threats because computers have become more interconnected and, thus, more interdependent and accessible to a larger number of individuals. In addition, the number of individuals with computer skills is increasing, and intrusion, or “hacking,” techniques are becoming more widely known via the Internet and other media. Arisk assessment is not about creating huge amounts of paperwork , but rather about identifying sensible measures to control the risks in your workplace. You are probably already taking steps to protect your employees, but your risk assessment will help you decide whether you have covered all you need to. Think about how accidents and ill health could happen and concentrate on real risks – those that are most likely and which will cause the most harm. For some risks, other regulations require particular control measures. Your assessment can help you identify where you need to look at certain risks and these particular control measures in more detail. These control measures do not have to be assessed separately but can be considered as part of, or an extension of, your overall risk assessment. Although all elements of the risk management cycle are important, risk assessments provide the foundation for other elements...
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...Lab 2 - Align Risks, Threats, and Vulnerabilities to COBIT PO9 Risk Mgmt. Controls Part 1 4. Discuss the primary goal of the COBIT v4.1 framework. Provide a basic description of cobit. * The purpose of Control Objectives for Information and related Technology (COBIT) is to provide management and business process owners with an information technology (IT) governance model that helps in delivering value from IT and understanding and managing the risks associated with IT. COBIT helps bridge the gaps amongst business requirements, control needs and technical issues. It is a control model to meet the needs of IT governance and ensure the integrity of information and information systems. 5. Explain the major objective of the Control area (COBIT 4.1 Controls Collaboration link on the left side of the COBIT website) * “The COBIT Controls area within ISACA's Knowledge Center promotes collaboration and sharing of information, solutions and experience among COBIT users.” 6. From the COBIT Domains and Control Objectives section, list each of the types of control objectives and briefly describe them based on the descriptions on the website. * Plan and Organize – “This domain covers strategy and tactics, and concerns the identification of the way IT can best contribute to the achievement of the business objectives. The realization of the strategic vision needs to be planned, communicated and managed for different perspectives. A proper organization as well as technological...
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...HIPAA COW Risk Analysis & Risk Management Toolkit Networking Group Guide for the HIPAA COW Risk Analysis & Risk Management Toolkit Disclaimers This Guide and the HIPAA COW Risk Analysis & Risk Management Toolkit (Toolkit) documents are Copyright by the HIPAA Collaborative of Wisconsin (“HIPAA COW”). They may be freely redistributed in their entirety provided that this copyright notice is not removed. When information from this document is used, HIPAA COW shall be referenced as a resource. They may not be sold for profit or used in commercial documents without the written permission of the copyright holder. This Guide and the Toolkit documents are provided “as is” without any express or implied warranty. This Guide and the Toolkit documents are for educational purposes only and do not constitute legal advice. If you require legal advice, you should consult with an attorney. Unless otherwise noted, HIPAA COW has not addressed all state pre-emption issues related to this Guide and the Toolkit documents. Therefore, these documents may need to be modified in order to comply with Wisconsin/State law. The Toolkit provides an example HIPAA Security Risk Assessment and documents to support completing a Risk Analysis and Risk Mitigation Implementation Plan. While it covers a broad spectrum of the requirements under the HIPAA Security Rule and HITECH, it may not cover all measures needed to secure your patients’ electronic protected health information (ePHI). It...
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...Committees June 2015 INSIDER THREATS DOD Should Strengthen Management and Guidance to Protect Classified Information and Systems GAO-15-544 June 2015 INSIDER THREATS DOD Should Strengthen Management and Guidance to Protect Classified Information and Systems Highlights of GAO-15-544, a report to congressional committees. Why GAO Did This Study What GAO Found Since 2010, the United States has suffered grave damage to national security and an increased risk to the lives of U.S. personnel due to unauthorized disclosures of classified information by individuals with authorized access to defense information systems. Congress and the President have issued requirements for structural reforms and a new program to address insider threats. The Department of Defense (DOD) components GAO selected for review have begun implementing insider-threat programs that incorporate the six minimum standards called for in Executive Order 13587 to protect classified information and systems. For example, the components have begun to provide insider-threat awareness training to all personnel with security clearances. In addition, the components have incorporated some of the actions associated with a framework of key elements that GAO developed from a White House report, an executive order, DOD guidance and reports, national security systems guidance, and leading practices recommended by the National Insider Threat Task Force. However, the components...
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...IS3110 Lab #2: Assessment Worksheet Align Risk, Threats, & Vulnerabilities to COBIT P09 Risk Management Controls Student Name: _____________________________________________________________ 1. From the identified threats & vulnerabilities from Lab #1 – (List At Least 3 and No More than 5), High/Medium/Low Nessus Risk Factor Definitions for Vulnerabilities) a. b. c. d. e. 2. For the above identified threats and vulnerabilities, which of the following COBIT P09 Risk Management control objectives are affected? • PO9.1 IT Risk Management Framework • PO9.2 Establishment of Risk Context • PO9.3 Event Identification • PO9.4 Risk Assessment • PO9.5 Risk Response • PO9.6 Maintenance and Monitoring of a Risk Action Plan 3. From the identified threats & vulnerabilities from Lab #1 – (List At Least 3 and No More than 5), specify whether the threat or vulnerability impacts confidentiality – integrity – availability: Confidentiality Integrity Availability a. b. c. d. e. 4. For each of the threats and vulnerabilities from Lab #1 (List at Least 3 and No More than 5) that you have remediated, what must you assess as part of your overall COBIT P09 risk management approach for your IT infrastructure? 5. For each of the threats and vulnerabilities from Lab #1 – (List at Least 3 – No More than 5), assess the risk impact or risk factor that it has on your organization in the following areas: a. Threat or Vulnerability #1: o Information...
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...Lab #2 Assessment Worksheet Align Risks, Threats, & Vulnerabilities to COBIT P09 Risk Management Controls 1. a. Unauthorized access from public internet - HIGH b. User destroys data in application and deletes all files - LOW c. Workstation OS has a known software vulnerability – HIGH d. Communication circuit outages - MEDIUM e. User inserts CD’s and USB hard drives with personal photos, music and videos on organization owned computers - MEDIUM 2. a. PO9.3 Event Identification – Identify threats with potential negative impact on the enterprise, including business, regulatory, legal, technology, trading partner, human resources and operational aspects. b. PO9.4 Risk Assessment – Assess the likelihood and impact of risks, using qualitative and quantitative methods. c. PO9.5 Risk Response – Develop a response designed to mitigate exposure to each risk – Identify risk strategies such as avoidance, reduction, acceptance – determine associated responsibilities; and consider risk tolerance levels. 3. a. Unauthorized access from public internet - AVAILABILITY b. User destroys data in application and deletes all files - INTEGRITY c. Workstation OS has a known software vulnerability – CONFIDENTIALITY d. Communication circuit outages - AVAILABILITY e. User inserts CD’s and USB hard drives with personal photos, music and videos on organization owned computers - INTEGRITY 4. a. Unauthorized access from public internet...
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... Every company or organization must be aware of all the risks that can occur. In order to do this, a risk assessment must be conducted. In the military, I must work to provide information to my leadership in order for them to assess a risk or threat from occurring. By understanding the risk assessment process it will provide a guideline on the thought process it will take in order to assess the risks within my organization. The risk assessment process provides an idealistic view of how senior leaders and executive will utilize information in determining their decisions on determining the appropriate course of action in response to a threat (NIST, 2011). The first component in a risk assessment process is to create a frame for a risk. This means that the senior leaders must come up with established guidelines as to how threats will be dealt with on every level within the organization. The second component is to assess the risk or threat. In order to do this, three sets of information must be gathered; what is the immediate threat, what the impact on the organization is, and what vulnerabilities will be affected by the threat. The third component is the process to respond to a risk. This is where senior leadership and the organization’s executives must determine the course of action in order to respond or counteract against a threat. The fourth component of the risk assessment process is to monitor the risk. This is the long term procedures that an organization must take...
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...RISK ASSESSMENT REPORT Template Information Technology Risk Assessment For Risk Assessment Annual Document Review History The Risk Assessment is reviewed, at least annually, and the date and reviewer recorded on the table below. | Review Date |Reviewer | | | | | | | | | | Table of Contents 1 INTRODUCTION 1 2 IT SYSTEM CHARACTERIZATION 2 3 RISK IDENTIFICATION 6 4 CONTROL ANALYSIS 8 5 RISK LIKELIHOOD DETERMINATION 11 6 IMPACT ANALYSIS 13 7 RISK DETERMINATION 15 8 RECOMMENDATIONS 17 9 RESULTS DOCUMENTATION 18 LIST OF EXHIBITS Exhibit 1: Risk Assessment Matrix 18 List of Figures Figure 1 – IT System Boundary Diagram 4 Figure 2 – Information Flow Diagram 5 List of Tables Table A: Risk Classifications 1 Table B: IT System Inventory and Definition 2 Table C: Threats Identified 4 Table D: Vulnerabilities, Threats, and Risks 5 Table E: Security Controls...
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...Executive summary The main purpose of a threat and risk assessment is to provide recommendations that maximize the protection of integrity, confidentiality and availability while still providing usability and functionality. Insider threat has become a serious information security issues within organizations. Best way to determine the answers to these questions a company or organization can perform a threat and risk assessment. This can be accomplished using either internal or external resources. It is quite important that the risk assessment should be a collaborative process. It is proven that involvement of the various organizational levels the assessment can lead to a ineffective and costly security measure. Introduction...
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