Question

Discuss how you would set up control measures in your organization or even your home? What considerations must you include in your risk analysis? How do those differ when analyzing risk for hardware, software, and cloud services?

Answer 1

Answer : Given data

* Let us understand the steps which should be followed be it by the organization or at home for making the control measurement strong.

* First starts with the establishment of the standards along with its methodology that can calculate the performance of any system.

* It is then followed by the performance measurement and multiple checks to be made on the performance match and standards to check if the actual and the expected are matching or not.

* There should be steps taken for making a corrective measure and performing steps to correcting it.

* Some of the consideration which is to be present in the risk analysis is as below:

* The first step is to find out the hazards and its risks creating ability and ways. As the risk can make harm to the system and create potential destruction to the system hence it should be identified first

* The second step should be to evaluate as well as analyze the risk aligned with the hazard.

* This would include the risk analysis as well as an evaluation mechanism.

* This is then followed by using ways for lowering it and preventing it, and the hazards if any and also control the risk associated with that of the hazards if those cannot be eliminated.

* There is always a difference when doing it for the hardware, software as well as the cloud services because of the different security breach and security controls available for different parts of the system.

* For software, and cloud it can include the data breach, data loss, data corruption, etc

* For hardware it can include the performance, trafficking, efficiency issue, nonfunctional of the system after being affected by the system.

* The root cause analysis would vary for both the cases.

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