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Essay / Risks and threats for an organization - 1418
Information systems are subject to serious threats which can have adverse effects on organizational operations such as missions, functions, image or reputation, assets of the organization, individuals, other organizations and the nation. exploiting known and unknown vulnerabilities to compromise the confidentiality, integrity or availability of information processed, stored or transmitted by these systems. Threats to information and information systems can include deliberate attacks, environmental disruptions, and human/machine errors, and result in serious harm to the country. Risk is defined as the effect of uncertainty (positive or negative) on business objectives. Risk management is the coordination of activities that direct and control the department with respect to risks. It is commonly accepted that risk management involves both managing potentially negative effects and realizing potential opportunities. Within the framework of management responsibilities, risk management can be described as the set of deliberate actions and activities that we undertake at all levels to identify, understand and manage risks related to the achievement of our objectives. Organizational risk can include many types of risks (e.g., management risk, investment risk, budgetary risk, legal liability risk, security risk, inventory risk, supply chain risk, and security risk) . Security risk related to the operation and use of information systems is just one of many elements of organizational risk that senior managers/executives address as part of their ongoing risk management responsibilities. Effective risk management requires organizations to operate in highly complex and interconnected environments using state-of-the-art and departmental capacity to manage risks effectively and efficiently. Risk acceptance must be increased in accordance with the risk delegation levels prescribed by this policy. This is necessary to ensure that the person who can “accept” the risk on behalf of the organization has sufficient experience and authority commensurate with the level of risk. All staff members and line managers are responsible for managing the risks associated with the activities and functions under their responsibility. control. Risk management processes should be integrated into normal planning processes and management activities. In conclusion, in order to manage risk in an organization, all employees must take responsibility for avoiding and managing risk. There should be teamwork and cooperation with each other in an organization to manage all levels of risk in the information system..