Proactive Approach To Risk Management Essay
The risk, response and recovery area encompasses the roles of a security administrator in the risk analysis, emergency response, disaster recovery and business continuity processes, including the assessment of system vulnerabilities, the selection and testing of safeguards, and the testing of recovery plans and procedures. It also addresses knowledge of incident handling include the acquisition, protection and storage of evidence.
Introduction
Companies today face a wide variety of problems that can result in loss for the company. Risk involves events that provide the possibility of loss, and may result from any number of sources such as storms, theft, hackers, or anything else that has the probability of harming a company. To deal with these
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It is here that decisions are made on how to deal with specific risks and policies and procedures are created to address potential threats. As will be seen later in this chapter, by designing and implementing a plan to manage risks, the risk can be avoided, accepted, managed, minimized, transferred, or deemed to need additional analysis. Once a plan has been created to deal with the risk, it can then be implemented to complete this …show more content…
A proactive approach is one in which risks are dealt with before they become problems that could result in loss. By managing risks proactively, there is a reduced chance of loss, and problems can be detected early or avoided completely.
The alternative approach to risk management is reactive. Unlike a proactive approach, reactive risk management deals with problems after they have occurred. This requires IT staff to be in a state of putting out fires, often after some damage has been done. When planning a project, resources may be assigned to fix certain problems if they occur, and deal with the consequences of a risk. When a reactive approach is used, plans are implemented to reduce the impact of a risk after it has become an actual problem, but no effort is made to reduce the risk from occurring in the first
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