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IT Risk Assessment

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Imagine if you were responsible for preparing the risk assessment prior to implementing a IT system. What would have been some of the risks that you would have identified? How would you have managed these risks (mitigation, transference, avoidance)?

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The Solution outlines what the risk assessment would look like for implementing an IT system.

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Some of the most important risk assessment objectives should entail appropriating specific Tiers toward the levels of risk that are associated with the implementation of the IT system. The highest Tier would be Tier 3, and this would be contingent upon the risks that threaten the implementation at Tier 1 and Tier 2. Therefore, to sufficiently understand the level of risk to the system, there must be an analysis of the system controls that exist within the organization to ensure that the organization is capable of providing the necessary countermeasures. The first step is to develop the necessary contingency ...

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