SIT763:Risk Assessment for Cyber Security Management - IT Assignment Help

Assignment Task:

Task:

Learning outcomes
In this assignment, you will be focusing on the following unit learning outcome (ULO):
ULO2: Assess security risks, threats and vulnerabilities to the organisation and implement appropriate information security protection mechanisms by analysing requirements, plans and IT security policies.
This ULO will contribute to three of your Deakin graduate learning outcomes (GLOs) in the form of discipline knowledge (GLO1), critical thinking (GLO4) and problem solving (GLO5).
Brief description of assessment task
This task requires students to demonstrate their understanding of contemporary approaches to performing cyber security risk management for corporate organisations. Students will be required to evaluate approaches to cyber security risk management. Students will need to select and justify the most suitable risk management approach for a given organisation. Students will be assessed on their ability to compare and contrast cyber security risk management approaches and demonstrate how the selected approach can be applied to the scenario provided for an organisation.
This is an individual assessment task. The student is required to submit their solution for given problems along with the exhibits to support findings, and a bibliography.
The solution sheet should consist of:
• comparison and contrast between 2 contemporary approaches to cyber security risk management
• descriptions and examples of the common elements contained within approaches to cyber security risk management
• justification of selected approach to cyber security risk management for given organisation
• example(s) of assets, threats, impacts and controls that apply to the provided scenario
• explanation of how quantitative and qualitative risk assessment could apply to the scenario.

Q1. Comparison and contrast between 2 contemporary approaches to cyber security risk management.

Q2. Descriptions and examples of the common elements contained within approaches to cyber security risk management.

Q3. Explanation of how quantitative and qualitative risk assessment could apply to the scenario.

Q4. Justification of selected approach to cyber security risk management for given organisation.
{Based on your answers to Q1, Q2 and Q3 as well as the SAD, justify whether tools are or are NOT suitable for Transcon. Provide a reference and description from the SAD to support you answer}
Q5. Example(s) of assets, threats, impacts and controls that apply to the provided scenario.

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