Managing risks is a very tedious process, but the growing reliance on Information Technology requires companies to find more efficient ways to manage security vulnerabilities and the level of risk that is acceptable. There will always be risks associated with Information Technology, they key to risk management is whether or not the risk presents a vulnerability that can be exploited. Companies need to be made aware of risks that can affect their operations while implementing the appropriate controls to mitigate the risks. A risk assessment helps you understand and quantify the risks to Information Technology.It also helps companies and businesses alike understand the consequences each risk presents
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