Components of a risk management program

1. How is an asset evaluated to determine its vulnerability, probability, and criticality of loss?

2. What are the four ways to mitigate risk? Provide examples of each.

3. What is a continuity plan? Provide an example.

Explain the purpose of a risk management program.

What are the four major components of a risk management program? Why is it a cycle?

Why should a risk management program be continual in nature?

Solution:

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