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Security course: A payroll company just realized they've done nothing in the way of security and...

Security course:

A payroll company just realized they've done nothing in the way of security and the largest client they've ever worked with is requiring a security program to protect sensitive information prior to signing a contract to make the company their exclusive payments partner.

Describe the next steps to complete a risk assessment and describe to senior management the four primary ways to manage risk (Accept, Avoid, Transfer and Mitigate) and give an example of each. The company hasn't been through this process before, but their expectations is that risk will be reduced to zero. Is this practical?

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