IT Risk

IT Risk Management Process, except

• Risk Identification

• Risk Analysis

• Risk Evaluation

• Avoid Risk

Pillars of Technology Risk

• Confidentiality & Security

• Technological Development

• Technology Changes

• All Answer is Correct

Enterprise Risk Management Key Features

• Regulatory Updates

• Easy Document Upload

• Eliminate Barriers

• All Answer is Correct

IT Risk Management Framework Values

• Integrated Requirements

• Information Assesment

• Business Assesment

• All Answer is Correct

Challenges of managing Risks

• Underestimeting Situation

• Dont think about it

• There is always a risk

• The risk will pass you by

Key benefits of risk management framework

• Effective Asset Protection

• Makes management difficult

• There is no need to know the risks in advance

• Cause Fear

Category of IT Risk, Except

• Availability

• Performance

• Compliance

• Inventory

IT Risk Management Skill, except

• Analytical Skill

• Problem-Solving Skill

• Installing Cables

• Communication Skill

Benefits of implementing a risk management framework

• Enhanced Decision Making

• Ignore Risks

• Increased Uncertainty

• Decreased Efficiency

Steps involved in IT risk management

• Risk Mitigation

• Risk Monitoring

• Risk Acceptance

• Risk Avoidance