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IT Risk Management Assignment (Solution)

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Added on  2020-03-16

IT Risk Management Assignment (Solution)

   Added on 2020-03-16

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IT RISK MANAGEMENT 1IT RISK MANAGEMENTStudent’s NameCourseProfessor’s NameUniversity City (state)Date
IT Risk Management Assignment (Solution)_1
IT RISK MANAGEMENT 2IT RISK MANAGEMENTExercise 1Incidence responses are the measures in which a company or organization has set in placeto ensure that it is prepared to handle any kind of incident which may happen. Incidence response is important because it has various benefits which help a company respond to an incident appropriately. One benefit is to enable an organization to form a team that will be in charge of responding to an incident. The team will be highly trained to guide the people who are affected by the incident to safety. It will also reduce the amount of damage that may be caused by an incident. When an incident occurs the potential of it becoming a severe problem is very likely (National Registry of EMTs 2017, n.p.). However the implementation of an incidence response team might reduce the impact in which the incident may have so that it does not become worse. When an incident occurs there is usually a lot of confusion. For there to be minimal casualties and a chance to respond effectively to the incident there needs to be a central communication point which can aid in responding to the incident by guiding people on where they should evacuate to safety as other professionals come in to try and avert any more damage that may be caused by the incident. The cost involved in coming up with an incident is usually very high. This is because there needs to be acquisition of various resources which are costly andmay not be used for a long time. Exercise 2In an organization such as financial company its staff are based in its headquarters where they are able to conduct their operations. There are possibilities of disasters happening such as anelectrical problem which may cause a fire. The company is obliged to have security measures
IT Risk Management Assignment (Solution)_2

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