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IT Risk Management
IT risk management is the application of risk management methods to information technology in order to manage IT risk. Various methodologies exist to manage IT risks, each involving specific processes and steps. An IT risk management system (ITRMS) is a component of a broader enterprise risk management (ERM) system. ITRMS are also integrated into broader information security management systems (ISMS). The continuous update and maintenance of an ISMS is in turn part of an organisation's systematic approach for identifying, assessing, and managing information security risks. Definitions The Certified Information Systems Auditor Review Manual 2006 by ISACA provides this definition of risk management: "''Risk management is the process of identifying vulnerabilities and threats to the information resources used by an organization in achieving business objectives, and deciding what countermeasures, if any, to take in reducing risk to an acceptable level, based on the value of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IT Risk
It or IT may refer to: * It (pronoun), in English * Information technology Arts and media Film and television * ''It'' (1927 film), a film starring Clara Bow * '' It! The Terror from Beyond Space'', a 1958 science fiction film * ''It!'' (1967 film), a British horror film starring Roddy McDowell * ''It'' (1989 film), a Soviet comedy film directed by Sergei Ovcharov * ''It'' (miniseries), a 1990 television miniseries film based on Stephen King's novel * ''It'' (Phish video), a 2004 DVD set about the Phish festival * '' Incredible Tales'', simply known as ''I.T.'', a 2004 Singaporean horror anthology TV series * ''I.T.'' (film), a 2016 film starring Pierce Brosnan * ''It'' (2017 film), a film adaptation of Stephen King's novel **'' It Chapter Two'' (2019), the direct sequel to the 2017 film **'' It – Welcome to Derry,'' an upcoming prequel television series scheduled to be released in 2026 Characters * It, properly the Psammead, the title character of the 1902 novel '' Fiv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Risk Management Process
''The'' is a grammatical article in English, denoting nouns that are already or about to be mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with nouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of the archaic pronoun ''thee' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Risk Register
A risk register is a document used as a risk management tool and to fulfill regulatory compliance acting as a repository for all risks identified and includes additional information about each risk, e.g., nature of the risk, reference and owner, mitigation measures. It can be displayed as a scatterplot or as a table. ISO 73:2009 Risk management—Vocabulary defines a risk register to be a "record of information about identified risks". Example Risk register of the project "barbecue party" with somebody inexperienced handling the grill, both in table format (below) and as plot (right). Terminology A risk register can contain many different items. There are recommendations for risk register content made by the Project Management Institute Body of Knowledge ( PMBOK) and PRINCE2. ISO 31000:2009 does not use the term risk register, however it does state that risks need to be documented. There are many different tools that can act as risk registers from comprehensive softw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Single Loss Expectancy
Single-loss expectancy (SLE) is the monetary value expected from the occurrence of a risk on an asset. It is related to risk management and risk assessment. Single-loss expectancy is mathematically expressed as: = \times Where the exposure factor is represented in the impact of the risk over the asset, or percentage of asset lost. As an example, if the asset value is reduced by two thirds, the exposure factor value is 0.66. If the asset is completely lost, the exposure factor is 1. The result is a monetary value in the same unit as the single-loss expectancy is expressed (euros, dollars, yens, etc.): exposure factor is the subjective, potential percentage of loss to a specific asset if a specific threat is realized. The exposure factor is a subjective value that the person assessing risk must define. See also *Information assurance *Risk assessment Risk assessment is a process for identifying hazards, potential (future) events which may negatively impact on individuals, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2010-T10-ArchitectureDiagram
1 (one, unit, unity) is a number, numeral, and glyph. It is the first and smallest positive integer of the infinite sequence of natural numbers. This fundamental property has led to its unique uses in other fields, ranging from science to sports, where it commonly denotes the first, leading, or top thing in a group. 1 is the unit of counting or measurement, a determiner for singular nouns, and a gender-neutral pronoun. Historically, the representation of 1 evolved from ancient Sumerian and Babylonian symbols to the modern Arabic numeral. In mathematics, 1 is the multiplicative identity, meaning that any number multiplied by 1 equals the same number. 1 is by convention not considered a prime number. In digital technology, 1 represents the "on" state in binary code, the foundation of computing. Philosophically, 1 symbolizes the ultimate reality or source of existence in various traditions. In mathematics The number 1 is the first natural number after 0. Each natural numbe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ISO 27005
ISO/IEC 27005 "Information technology — Security techniques — Information security risk management" is an international standard published by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC) providing good practice guidance on managing risks to information. It is a core part of the ISO/IEC 27000-series of standards, commonly known as ISO27k. The standard offers advice on systematically identifying, assessing, evaluating and treating information security risks - processes at the very heart of an ISO27k Information Security Management System (ISMS). It aims to ensure that organizations design, implement, manage, monitor and maintain their information security controls and other arrangements rationally, according to their information security risks. The current fourth edition of ISO/IEC 27005 was published in October 2022. Overview ISO/IEC 27005 does not specify or recommend specific risk management methods in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Qualitative Research
Qualitative research is a type of research that aims to gather and analyse non-numerical (descriptive) data in order to gain an understanding of individuals' social reality, including understanding their attitudes, beliefs, and motivation. This type of research typically involves in-depth interviews, focus groups, or field observations in order to collect data that is rich in detail and context. Qualitative research is often used to explore complex phenomena or to gain insight into people's experiences and perspectives on a particular topic. It is particularly useful when researchers want to understand the meaning that people attach to their experiences or when they want to uncover the underlying reasons for people's behavior. Qualitative methods include ethnography, grounded theory, discourse analysis, and interpretative phenomenological analysis. Qualitative research methods have been used in sociology, anthropology, political science, psychology, communication studies, so ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quantitative Research
Quantitative research is a research strategy that focuses on quantifying the collection and analysis of data. It is formed from a deductive approach where emphasis is placed on the testing of theory, shaped by empiricist and positivist philosophies. Associated with the natural, applied, formal, and social sciences this research strategy promotes the objective empirical investigation of observable phenomena to test and understand relationships. This is done through a range of quantifying methods and techniques, reflecting on its broad utilization as a research strategy across differing academic disciplines. There are several situations where quantitative research may not be the most appropriate or effective method to use: 1. When exploring in-depth or complex topics. 2. When studying subjective experiences and personal opinions. 3. When conducting exploratory research. 4. When studying sensitive or controversial topics The objective of quantitative research is to deve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vulnerability (computing)
Vulnerabilities are flaws or weaknesses in a system's design, implementation, or management that can be exploited by a malicious actor to compromise its security. Despite a system administrator's best efforts to achieve complete correctness, virtually all hardware and software contain bugs where the system does not behave as expected. If the bug could enable an attacker to compromise the confidentiality, integrity, or availability of system resources, it can be considered a vulnerability. Insecure software development practices as well as design factors such as complexity can increase the burden of vulnerabilities. Vulnerability management is a process that includes identifying systems and prioritizing which are most important, scanning for vulnerabilities, and taking action to secure the system. Vulnerability management typically is a combination of remediation, mitigation, and acceptance. Vulnerabilities can be scored for severity according to the Common Vulnerability S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Threat (computer)
In computer security, a threat is a potential negative action or event enabled by a vulnerability that results in an unwanted impact to a computer system or application. A threat can be either a negative " intentional" event (i.e. hacking: an individual cracker or a criminal organization) or an "accidental" negative event (e.g. the possibility of a computer malfunctioning, or the possibility of a natural disaster event such as an earthquake, a fire, or a tornado) or otherwise a circumstance, capability, action, or event ( incident is often used as a blanket term). A '' threat actor'' who is an individual or group that can perform the threat action, such as exploiting a vulnerability to actualise a negative impact. An '' exploit'' is a vulnerability that a threat actor used to cause an incident. Standard definitions A more comprehensive definition, tied to an Information assurance point of view, can be found in "''Federal Information Processing Standards (FIPS) 200, Mini ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Assets
In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetaryThere are different methods of assessing the monetary value of the assets recorded on the Balance Sheet. In some cases, the ''Historical Cost'' is used; such that the value of the asset when it was bought in the past is used as the monetary value. In other instances, the present fair market value of the asset is used to determine the value shown on the balance sheet. value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. ''Total assets'' can also be called the ''balance sheet total''. Assets can be grouped into two major classes: tangible assets and i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
