In this dialog discussion, reflect on your understanding of the importance of ri


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In
this dialog discussion, reflect on your understanding of the importance
of risk management in organizations in general and in cybersecurity in
particular.
1. What do you consider to be the two main important
factors that have led to successful cybersecurity hacks (give concrete
examples and sources of your information) and what should have been done
to prevent them?
2. Reflecting on your own internet surfing, in
addition to using VPN and secure Wifi, how do you make sure you are
safe? If you were hacked, what steps would you take to cover yourself?
3.
In Chapter 3 of the course textbook, it is recommended that
organizations should calculate annualized loss expectancy (ALE), which
is the expected monetary loss for an asset due to a risk being realized
(e.g. a successful hack) over a one-year period. Why is this important?
What other quantitative measures are available? (Do some Internet
Research).
4. Compare and contrast quantitative vs qualitative risk assessment methods. Which method is the best?

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