Risk Assessment in Cyber Security - Importance, Difficulties, and Vulnerabilities

Running head: ASSESSMENT OF RISKS
RISK ASSESSMENT IN CYBER SECURITY
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ASSESSMENT OF RISKS1
EXECUTIVE SUMMARY
The below report emphasises on the risk assessment in cyber security and how various
organizations are vulnerable to the attacks of the intruders and how the data and other credentials
can be maintained and secured from such attacks and threats.

ASSESSMENT OF RISKS2
Table of Contents
Discussion........................................................................................................................................3
Importance of Risk Assessment...................................................................................................3
Risk assessment.......................................................................................................................3
Risk assessment in cyber security............................................................................................3
Difficulties in risk assessment.................................................................................................3
Effects on decision making......................................................................................................4
Identification of critical assets.....................................................................................................4
Critical asset information.........................................................................................................4
WFA template..........................................................................................................................4
Identification of threats................................................................................................................5
Assessment of threats..................................................................................................................6
Vulnerabilities..........................................................................................................................6
Conclusion.......................................................................................................................................6
References........................................................................................................................................8