Assessment Description Each member of an organization is held accountable for managing risks. Therefore, it is essential to establish the context for a risk framework and risk process. Prior to beginn

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Assessment Description

Each member of an organization is held accountable for managing risks. Therefore, it is essential to establish the context for a risk framework and risk process.

Prior to beginning this assignment, view “Risk Management and Assessment” within the “Video Playlist: Policy Management for Security Solutions,” located in the Class Resources.

Using your company from Topic 1, establish a risk management framework using industry standards for compliance.

Part 1

Refer to the “CYB-535 Risk Management Framework Guide,” and create a Risk Management Framework.

Part 2

Refer to “An Overview of Threat and Risk Assessment,” located in the topic Resources. In 750–1000 words, discuss various risk assessment models, methodologies, and processes that can be used to perform a risk assessment of a particular system. Make sure to:

  1. Describe how risk relates to a system security policy.
  2. Describe various risk analysis methodologies.
  3. Considering your framework from Part 1, explain why it is important to evaluate and categorize risk a) with respect to technology; b) with respect to individuals, and c) in the enterprise.
  4. Compare the advantages and disadvantages of various risk assessment methodologies.
  5. Explain how one would select the optimal methodology based on needs, advantages, and disadvantages.

Then, submit both Parts 1 and 2.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. 

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to LopesWrite. A link to the LopesWrite technical support articles is located in Class Resources if you need assistance.

Benchmark Information

This benchmark assignment assesses the following programmatic competencies and professional standards:

MS Information Assurance and Cybersecurity

2.1 Establish a risk management framework using industry standards for compliance

MS Cybersecurity

1.5 Establish a risk management framework using industry standards for compliance.

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