This assignment delves into the crucial aspects of IT risk management and security assessment. It explores various risks faced by organizations, categorizes them based on severity (high, medium, low), and examines the impact of human error and non-human factors like natural disasters and cyberattacks. The role of the RBAC (Role-Based Access Control) model in maintaining hierarchical security measures is highlighted, along with strategies for mitigating risks using updated firewalls and anti-virus software. The importance of a comprehensive risk management process in safeguarding data and information is emphasized throughout the document.