1. Major issues given below 1 - Security issue 2 - Date Redundancy 3- weak serve

Question

1. Major issues given below

1 - Security issue 2 - Date Redundancy 3- weak server and connectivity issue. 4- Transfer protocol issue. 5- Date storage issues. 6 - Low binary protection issue. 7 - Session loss 8 - bad authorization and authentication. 9 - Poor licencing 10- unauthorized data leakage.

Please find out-

a. Qualify risks you have identified as high, medium, and low based on their probability and impact

b. Quantify your risk by using monitory value

c. Provide risk response strategy ( transfer, avoid, mitigate, accept) for the selected risks

Explanation / Answer

Issues with high risks are

Issues with low risk are

Medium risk issues are

By giving monitory value to the risk, all the high risk issues carry a value of 10, in a scale of 1 to 10. 1 being the least risky. Low risk issues carry a value of 3, and the medium risk issues carry a value of 6.

High risk issue must be avoinded at any cost

Low risk can by accept and the medium risk can be transferred and mitigated

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