MODULE 1 - SLP INFORMATION SECURITY SYSTEM RISK MANAGEMENT
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According to Bragg (2002), risk management entails all the processes and efforts necessary, so as to assist in the mitigation or reduction of the risks that can compound an organization’s information assets. Risk management entails identification of any risks, evaluation of the risks, and any probabilistic estimation of the risks, before then coming up with the most efficient ways of managing the risk. The assessment and approximations usually go as far as measuring the extent of the risks and the cost of containing them (Wheeler, 2011).
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