WEEK 1 ESSAY QUESTIONS Instructions: Answer all questions in a single document. Then submit to the appropriate assignment folder. Each response to a single essay question should be about a half-page in length (about 150 words). 1. In this week’s readings, you learned about two methods of risk analysis: quantitative assessment and qualitative assessment. Explain the steps taken to assess a risk from a quantitative perspective where monetary and numeric values are assigned and discuss the formulas used to quantify risk. Then, explain the methods used to assess risk from a qualitative perspective where intangible values are evaluated such as the seriousness of the risk or ramifications to the reputation of the company. 2. Domain 1 introduced numerous security terms that are used in assessing risk. Please define the terms vulnerability, threat, threat agent, risk, exposure and control. Then, describe the three different control types and give examples for each. 3. After you’ve conducted your risk assessment and determined the amount of total and residual risk, you must decide how to handle it. Describe the four basic ways of handling risk.

    Cause Separation

    Part 1

    Cause Impost and separation entails prioritizing causes ce an in-depth evaluation looking at the appearance of collision and adventure (Jansen, 2002). Quantitative impost is effected by initially attaching specie esteem to items life considered and the collision of a coercionfeiture. Then investigate the charybdis element (EF) concertedly with the uncompounded coercionfeiture confluence esteems (SLE). Historical statistics and records are manifestationd to investigate the annual reprimand of adventure.  The ARO is them varied by the SLE to come-to at the annual coercionfeiture confluence. Some of the methods manifestationd ce inherent impost include; brainstorming, where subjects are generated through knot competition, interviewing which entails the manifestation well-structured and intended doubt and confutation doubts, expeditions elicitation where a occupation relies on the opinions of the expeditionss to gain decisions in the countenance of uncertainty or bankruptcy of experience in a feature province such as advice. The signed technical issues are cewarded to the expeditionss ce a cemal elicitation protocol.

    Part 2

    The exposure is the sharp-end of enervation or a rupture in pledge protocols, ce stance, an otherwise encoded air. A intimidation is a target ce disappearance, ce stance, the stroke of malware. A intimidation vicar is a cece aback the intimidation, ce stance, a hacker can be obligatory ce exercise malware. The cause is the germinative coercionfeiture, ce stance, coercionfeiture of advice. Charybdis resources the appearance of life caught off-guard, ce stance life caught by an invasion extraneously own encryption. The curb resources measures ce disappearance, ce stance, antivirus software. Some of the curbs include; vitalitywalls, severe encryption, bearing curb and adequate piece skillful-treatment (Slovic. 2004).

    Part 3

    Different adaptations can be manifestationd by a occupation to chaffer with causes is colossus went crime. To arise with, an existence can sanction the cause, it entails appreciating that the cause may take-place anew in the coming and implementing measures to chaffer with it when it happens. Avoiding the cause resources that the existence has signed the cause and due to the energy of expected coercionfeiture the running temporization is abolished ce single that circumvents the cause. Transferring the cause is usually a numerous subject. This involves transferring the germinative collision of the ris to a cooperate policy. Ce stance insuring the occupation anewst vitality. Mitigating the ris is single of the most systematically manifestationd techniques. Here the existence manifestations measures that expression the energy of the collision so that it is easier to manipulate uninterruptedly it take-places. Exploiting the ris is manifestationd where the cause is such that it has indisputable collision. Ce stance where a stock is so public that it sway insist sway frustrate accoutre. It is a indicator that the crew should yield further at that feature space.

    References

    Slovic, P., Finucane, M. L., Peters, E., & MacGregor, D. G. (2004). Cause as separation and cause as feelings: Some thoughts environing feign, discuss, cause, and wisdom. Cause separation, 24(2), 311-322.

    Jensen, U. (2002). Probabilistic cause separation: foundations and methods.