1. Using the risk analysis template identify ICT risks that could be (1) IP, (2) ethical practices, and (3) privacy in nature

Business risk analysis [Consider what risks your business faces and what impact those risks could have. Understand the types of risk that could affect your business. Add more rows if you need them.] Risk Likelihood Consequence Risk level Planning and control [What is the risk? What could [How likely is this [What is the severity of [This number indicates the [What will you do to prevent or minimise this risk result in?] to happen?] the risk? Would it cause level of risk.] the risk? What actions will you take?] a lot of damage?] [Example: The prolonged use of Select likelihood Select level [Likelihood number x [Example: We'll use software that tells computer screens could result in consequence number = staff to take a computer break every hour headaches, eye strain, blurred risk level] and stretch.] vision and neck and back pain.] Risk level guide [These parameters are a guide. You may set your own risk levels based on your businesses risk profile.] Risk level Priority Risk level Priority 1 - 4 Low risk - minimal action required 5 - 8 Moderate risk - Needs corrective action within 3 months 9 - 12 High risk - Needs corrective action within 1 month 13 - 16 Severe risk - Needs immediate corrective action