Question

Help complete the matrix.

Scenario 2: Richman Investments is concerned about the security of its customer data. Management has determined that the three primary risks the company faces in protecting the data are as follows Unauthorized access by an external party . Sabotage by an internal employee Hardware failures Richman has created scales for the probability and impact of risks as follows Probability: Low-10%, Medium-50%, and High-100% . Impact: Low- 10, Medium 50, and High 100 After surveying key individuals in the company, Richman calculated the probability and impact of each risk, as shown in the table below. Based on the information given above, calculate the risk level for each risk Category Unauthorized access by an external party Sabotage by an internal employee Hardware failures Probability 25 75 30 Impact 50 100 25 Risk Level 13% 79% 8% Which risk has the highest risk level? Sabotage by an internal employee Prioritize the risks from high to low Priority 1 Sabotage by an internal employee Priority Unauthorized access by an external party Priority 3 Hardware Failures Present the data graphically to senior management in the form of a risk matrix. A sample risk matrix is shown below: High Impact Value -100 Low Probability High Impact High Probability High Impact 100 45 DoS Attack Web 27 Loss of Data due to Hardware Falure High Probability Value -100 Loss of Data due to Unauthorized Access Low Probability Low Impact High Probability Low Impact Low Impact Value Complete the following risk matrix based on your data:

Answer 1

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