IT Risk Management Assignment

Added on - 21 Jul 2020

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IT Risk Management
Table of ContentsINTRODUCTION...........................................................................................................................11. Current risk and security arrangement by the VIC government.............................................12. Detailed analysis of risk assessment diagram.........................................................................23. Determination of risk and threats in the order of their importance, also provide justification......................................................................................................................................................44. Challenges faced while conducting research to determining risks.........................................55. Compare risk and uncertainty.................................................................................................66. Approaches available in order to control risk and mitigation.................................................7CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
Illustration IndexIllustration 1: Flow chart for VIC government................................................................................2
INTRODUCTIONIT risk management is considered as one of the significant step through which companiesare able to implement effective operations. It helps in influencing the speed and processing of thecompany. Along with this there are various drawbacks also associated with this. One of thebiggest failure can be considered as data breach (Aldunce and et.al., (2015)). This report is basedon the data security framework and risk management considered by VIC government. They areconsidering VPDSF model for implementing various protocols and methods in order to resolvethis problem. With the help of this report company would be able to determine the risk factorsand on the basis of that necessary steps can be considered (Altangerel & Kull, (2013)).1. Current risk and security arrangement by the VIC government.1
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