Question: Question 2 a) Company ARM has two information assets. The company needs to determine the risk exposure and rank the risks to these information assets

Question 2 a) Company ARM has two information

Question 2 a) Company ARM has two information assets. The company needs to determine the risk exposure and rank the risks to these information assets in order to prioritise risk treatment. The two information assets are: Incoming (inbound) customer orders. This asset is the most important for the company. Outgoing (outbound) orders to suppliers. This asset is also important but less important compared to customer orders. The ARM risk managements team has established that both assets are vulnerable to hardware failure as well as to software failure. Based on historical data, the team has concluded that hardware failure is less likely to happen compared to software failure. QUESTION 2 Parta): Determine the risk exposure of each of the two assets, given the two threats above, and identify the most important and the least important risks. Explain and record your answer in the space below

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!