Risk Management

Question 1

How does risk relate to threats and vulnerability?

Answer 1

Vulnerability:
A gap in the IT systems security.

Threat:
An intention of ill doing and the will to take advantage of the system.

Question 2

What are examples for vulnerabilities of IT systems?

Answer 2

• irresponsible handling of passwords
• outdated software and hardware
• disgruntled staff

Question 3

What are examples for threats for IT systems?

Answer 3

• stealing data / sensitive information and sell them to competitors
• ransom and hostage situations
• selling vulnerabilities of IT systems -> safety threats