Risk Assessment

The following two examples demonstrate how risk assessment can be conducted in certain situations. Read briefly to get some basic ideas.

NIST (2015). National Supply Chain Risk Management Practices for Federal Information Systems.

NSF International. (2016, February 5). Risk-based decision making [Video file]. Retrieved from https://youtu.be/-lkob2jJ1Ls:

Practicing risk assessment fundamentals, processes, and matrixes provides one an opportunity to apply the learning in the real world. Choose an information system security domain of your organization or industry and apply what you learned from the case readings and SLP examples. You can choose to either assess comprehensively, or focus on two or three major perspectives with an in-depth discussion rather than covering all the aspects of risk assessment.

Use this non-graded activity to test your knowledge.

SLP Assignment Expectations

Please write a 2 page paper titled:

“Risk Assessment for ______ (your chosen information system security domain in your chosen organization/industry): Challenges and Solutions”

Address the following issues:

• Special requirements of risk assessment in your chosen information system security domain in your chosen organization/industry.
• Two or three major perspectives of risk assessment that you selected for an in-depth discussion.
• One or two major lessons learned from the examples that you would like to apply in your own risk assessment issue context.
• Key challenges and solutions of risk assessment.