Developing an effective Risk Management Plan can help keep small issues from developing into emergencies. Different types of Risk Management Plans can deal with calculating the probability of an event, and how that event might impact you, what the risks are with certain ventures and how to mitigate the problems associated with those risks. Having a plan may help you deal with adverse situations when they arise and, hopefully, head them off before they arise. 1. Understand how Risk Management works. Risk is the effect (positive or negative) of an event or series of events that take place in one or several locations. It is computed from the probability of the event becoming an issue and the impact it would have (See Risk = Probability X Impact). Various factors should be identified in order to analyze risk, including: · Event: What could happen? · ...
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The key difference is that information security is mainly relevant to personal information while cyber security is more universal, focusing on other concerns such as our national infrastructure. My feeling though … is that information security is actually a super-set of cyber security since anything in the cyber realm would involve information or information systems. As usual here is my pseudo-Venn diagram to enjoy. Then we have the official NIST definitions from IR 7298 Revision 2. They define cyber security and information security as follows (note there are two definitions for information security). Cybersecurity: The ability to protect or defend the use of cyberspace from cyber attacks. Information Security (1): The protection of information and information systems from unauthorized access, use, disclosure, disruption, modification, or destruction in order to provide confidentiality, integrity, and availability. Information Security (2): ...
“….a careful examination of what, in your work, could cause harm to people, so that you can weigh up whether you have taken enough precautions or should do more to prevent harm….” Why do a risk assessment? A risk assessment will protect your workers and your business, as well as complying with law A person from your organisation needs to attend risk assessment training as it will ensure that this person is competent within your organisation and will gain abilities such as hazard identification, ability to categorise and evaluate risk(s). These abilities will allow a ‘suitable and sufficient’ risk assessment to be conducted within your own organisation. How to do a risk assessment There are no fixed rules on how a risk assessment should be carried out, but there are a few general principles that should be followed. Five steps to risk assessment can be followed to ensure that your risk assessment is carried out correctly, these five steps are: 1. ...