Contents1. Pictorial representation of current security risks which are considered by the VICgovernment.................................................................................................................................32. Diagram explanation and recognising the areas of high, medium, medium-low, and lowrisk exposure..............................................................................................................................44. VIC government facing challenges while carrying out security or risk management withininternally or externally via outsourcing.....................................................................................85. Comparison between the concepts of ‘’Risk’’ and ‘’Uncertainty’’ with the help of casestudy of Victorian Data security..............................................................................................106. Discussion and evaluation of different approaches which are available to the VICgovernment for risk control and mitigation.............................................................................12Conclusion................................................................................................................................14Reference..................................................................................................................................14

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