Risks And Risks Of Security Essay - 1346 Words

SECURITY Concept of Security However, risk is the likelihood of something bad happening, security help to minimize risks. There is a need to recognize how risk can result from a threat. Some of the common threats are as follows: I. Unintentional threat—natural disasters like flood, fire or snow storms or equipment failure like power failure or network failure. II. Intentional threat---includes theft of laptops, software or data and fraud which translates to unauthorized access to data. In the world of IT, today there are different kinds of security risks. An overview of risk analysis should cover the following activities: ï‚ § Determining the value of the physical assets ï‚ § Determining the vulnerabilities and threats for each asset ï‚ § Evaluating the severity of the threat ï‚ § Evaluating the fallout from the possibility of a threat coming to fruition ï‚ § Implementation of possible preventative measures Reasons to have Security Mechanisms in place ï‚ § Protection of Sensitive information ï‚ § Legal legislation mandates for information’s protection ï‚ § Patient’s expectations for security mechanism ï‚ § Organizations expect their clients, employees, assets, etc. Background Information for Need of Security/ Privacy and Confidentiality S. N. 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