security and risk management

Updated: Feb 18



Security measures cannot assure 100% protection against all threats. Therefore, risk analysis, which is the process of evaluating system vulnerabilities and the threats facing it, is an essential part of any risk management program. The analysis process identifies the probable consequences or risks associated with the vulnerabilities and provides the basis for establishing a cost-effective security program. Risk management is the process of implementing and maintaining countermeasures that reduce the effects of risk to an acceptable level.


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