Posts Tagged ‘risk analysis’

Control selection and cost savings

Information Security Risk Analysis In risk management, risk treatment process begins after completion of a comprehensive risk assessment. Once risks have been assessed, risk manager utilize the following techniques to manage the risks • Avoidance (eliminate) • Reduction (mitigate) • Transfer (outsource or insure) • Retention (accept and budget) Now the question is how to […]

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Unstable economy and insider threats

Image by Pulpolux !!! via FlickrDuring the current unstable economy, organizations face increased threats from insiders during tough economic years ahead. During hard time organizations not only have to worry about outsider threats but will be facing an increased threat from disgruntled employees who might see no future with the organization during unstable economy. During […]

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Cyber threats and overall security assessment

Image via Wikipedia In the past when senior management (execs) needed to understand the financial implication of cyber threats and their exposures, they turned their questionnaires toward IT for relevant answers. In other words IT risk assessment was the answer in the past to understand the financial implications of cyber threats. The IT risk assessment […]

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PCI DSS significance and contractual agreement

The PCI DSS (Payment Card Industry & Data Security Standard) was established by credit card companies to create a unified security standard for handling credit card information.  The retail service industry now understands the strategic significance of PCI DSS compliance, which was demonstrated when TJX announced that their system was compromised for more than 17 […]

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