CISSP® Certification Domain 1 Security and Risk Management Video Boot Camp for 2022 - Risk Management - Identification

The video tutorial covers the fundamentals of risk management in IT security, emphasizing its importance for both professional practice and certification exams. It explains the risk management lifecycle, including risk identification, assessment, response, and control. The tutorial also discusses qualitative and quantitative risk analysis methods, asset valuation, and the impact of asset loss. A real-world case study of a data center move highlights the challenges of asset management.

Discuss the importance of senior management's role in risk management.

What factors should be considered when determining the value of an asset?

How can the loss of an asset impact a company's reputation?

What are the potential consequences of not having a clear asset inventory?