Digital Security Risk

Running head: DIGITAL SECURITY RISK 1
DIGITAL SECURITY RISK
[Author]
[Institution

DIGITAL SECURITY RISK 2
Executive summary:
This part is the 1st part of the assignment. In this part, the risks of Information
Technology have been assessed. This assignment is based on the topic of the risk of digital
security. It is seen that as most of the business activities are based on digital technology thus due
to the risk of the risk of digital security the essential information can be destroyed. The software
needs to be updated. The technology savvy people need to be hired by the Australian University.
The advanced, as well as updated version of the software, needs to be used by the institution for
securing the data automatically. The corporate, as well as financial information, needs to be
preserved properly. Always the updated version needs to be used by the institution.

DIGITAL SECURITY RISK 3
Table of Contents
Introduction:....................................................................................................................................4
Description of the digital risk:.........................................................................................................4
Impacts of Digital Security Risk:....................................................................................................4
Inherent risk Management:..............................................................................................................5
Key controls for mitigating the risks:..............................................................................................5
Residual risk management:..............................................................................................................6
Risk Prioritization:...........................................................................................................................6
Conclusion:......................................................................................................................................8
Reference:........................................................................................................................................9