Assessment of Information System Risk and Security

Added on - 23 Feb 2020

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Running head: INFORMATION SYSTEMS RISK AND SECURITYINFORMATION SYSTEMS RISK AND SECURITYName of StudentName of UniversityAuthor’s Note
1INFORMATION SYSTEMS RISK AND SECURITYTable of Contents2.0 Risk Assessment Methodology..................................................................................................12.1 Identifying Systems Assets........................................................................................................12.2Analyzing System Threats....................................................................................................2The table shows the risk management related to the AE Kalina Cycle (AEKC) s..........................5References........................................................................................................................................8
2INFORMATION SYSTEMS RISK AND SECURITY2.0 Risk Assessment MethodologyRisk assessment is important part of the organization. Through the risk assessment theproject adverse impact on the company operations can be analyzed.Figure 1:RISK ASSESSMENT WITHIN THE RISK MANAGEMENT PROCESSThere are various methods of the risk assessment. Some of them are:The “what if analysis” which is used to identify the effects of the operation. This ismainly a brain storming activity which is carried out to analyze what could go wrong ifthe operation fails in the company.The second method can be to prepare the checklist of known impact and threats if theproduct failsThe fault tree analysis (FTA) is to find all the events which can be the reason for thefailure of the project and to identify its effects
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