Cyber security project on risk assessment

Risk assessment plays an important role in the proper selection of security controls and it involves the identification of assets, vulnerabilities, threats, and estimation of the relative level of risks. Risk assessment delineates both the strategy to reduce the likelihood of occurrence of risks (also called preventative measures), as well as the measures to respond effectively if a risk becomes a direct threat. Risk Assessment in IT systems is a process of identifying, estimating and prioritizing information security risks. It is a critical component of the overall risk management strategy. The main objective of this activity is to calculate the risk associated with the IT assets connected over the local network in an organization.

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