Question

2. In lieu of a risk assessment, what should a small company do to assess its security posture if a risk assessment is not financially practical?

Answer 1

Solution 1 : Every Management should be planned in such a manner so that it could protect the digital resources from any malicious activities like attackers / hackers. For providing the safegourd or securities to the organization's sensitive data ( whether it is in public or private cloud ) and intellectual property, it is necessary to make the data encrypted so that alarming pace by cybercriminals could be avoided. Encryption and Protection maintains the sensitivity and risk level of organization’s information.

Recommendation of Encryption and protection will improve the scalability , relevancy , efficiency and portability of the organization by just maintaining organization's flexibility and effectiveness.

Encryption and protection makes the comprehensive and secure strategy and doesn't grant / authenticate any unauthorized access to their records. and thus , protects organization and business world from the financial loss.

Apart from this , there are multiple key roles comes under risk assessment for an organization :

1. Authenticity : Only granted user can use or access. No access for unauthorized / ungranted users.
2. Encryption : This is also a major concern regarding security. Encryption of information from unauthorized / ungranted users always help in protecting the business from any malicious attacks / hacks / threats.

3. Payment Gateway Secure Server : With the help of Network Level Security , This server must protect the payment information of all unique identification ( granted ) users.

4. Policies and Copyrights : This is the last and one of the important security measure for any type of business for avoiding the stealing or copying their business data by someone others.