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Question ISOL 533 – Info Security and Risk Management

Question ISOL 533 – Info Security and Risk Management

Question
ISOL 533 – Info Security and Risk Management

18

Introduction

Every company needs to take risks to thrive, but not too much risk which could be catastrophic.

Finding the balanced amount of risk requires identifying what opportunities (or threats) are

present, understanding how significant each of them is, recognizing what action to take to

smartly handle both opportunities and risks, and lastly, monitoring all of the above, including

discovering more prospects and threats. All told, this is called risk management. Specific to the

seven domains of the IT infrastructure, this lab will cover IT risk management.

In this lab, you will define the purpose of an IT risk management plan, you will define the scope

for an IT risk management plan that encompasses the seven domains of a typical IT

infrastructure, you will relate the risks, threats, and vulnerabilities to the plan, and you will create

an IT risk management plan outline that incorporates the five major parts of an IT risk

management process.

Learning Objectives

Upon completing this lab, you will be able to:

Define the purpose and objectives of an IT risk management plan.

Define the scope and boundary for an IT risk management plan to encompass the seven

domains of a typical IT infrastructure.

Relate identified risks, threats, and vulnerabilities to an IT risk management plan and risk

areas.

Incorporate the five major parts of an IT risk management process into a risk management

plan’s outline.

Craft an outline for an IT risk management plan, which includes the seven domains of a

typical IT infrastructure and the five major parts of risk management and risk areas.

Lab #3 Defining the Scope and Structure for an IT Risk Management Plan

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