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Risk Analysis Management Project
COBIT P09 defines 6 control objectives for assessing and managing IT risk within four different focus areas. Explain COBIT P09’s purpose and describe COBIT P09.1 IT Risk Management Framework control objectives. Make sure to explain Why is it important to assess risk impact from four different perspectives as part of the COBIT P.09 Framework? (3.5 marks)
Risk assessment is one step of risk management process. There are different ways to preform risk assessment such as: Mehari, Magerit, NIST800-30 and Microsoft's Security Management Guide. Search of any three risk assessment approaches, write a short description of each and compare between the three approaches you chose (3.5 marks)
The dynamic spread of COVID-19 and the uncertain developments ahead are causing difficult times. As well as its effect on people, the coronavirus is rapidly disrupting business and consumer activity in the affected areas and beyond. Think of the different scenarios of how new risks are rising in business due to the pandemic. What do you think are the new risk to business that can be associated with COVID-19 and how can those risks be mitigated? (3marks)