Security Risk Assessment Term Paper Example | Topics and Well Written Essays - 1750 words

Security Risk Assessment - Term Paper Example Today’s business world is constantly changing — it’s unpredictable, volatile, and seems to become more complex every day. By its very nature, it is fraught with risk. Risk assessment provides a mechanism for identifying which risks represent opportunities and which represent potential pitfalls. Done right, a risk assessment gives organizations a clear view of variables to which they may be exposed, whether internal or external, retrospective or forward-looking. For risk assessments to yield meaningful results, certain key principles must be considered. A risk assessment should begin and end with specific business objectives that are anchored in key value drivers. These objectives provide the basis for measuring the impact and probability of risk ratings. Southern California Design (SCD) has been determined to be a Major System and has been determined to have a low security categorization. I prepared this Security Assessment Summary Report based on the security template by Stallings and Brown (Stallings and Brown, 2012, p. 454 - 475).The results captured in this report summarize the risks associated with the vulnerabilities identified during the system’s Security Test & Evaluation, Network Perimeter Assessment, PC Security, User Authentication and Access Controls, and other risk assessment activities. In determined that the company does not have the technical capability to implement a security control and the manager may have made a risk-based decision not to implement stricter security measures due majorly to the cost or feasibility of implementing the control relative to risk. SCD is a company that specializes in landscape and outdoor space for commercial and condominium communities. It is rated fairly high in the regions markets. Manager and founder Mary Smith has employed a total of 7 staff, consisting of four full-time architects and three part-time employees. The firm