Question

In system/ asset classification, what would be the actual risk associated with compromise of different system types? Would you allocate protection/detection resources differently based on categorization?

Answer 1

Solution: While trying to secure an organization against any external or internal threat, it is really very important for the analysts and the researchers present within the organization to perform the risk assessment analysis so that the potential risks that pose an imminent threat to the organizational assets can be determined and can be rectified. One of the most important parts of the risk assessment and analysis is to identify the assets or the things within the organization that are most important for the organization to keep its business operations up and running and which if got compromised might lead to a loss of millions to them.

So, the process of identifying the assets that are absolutely essential for the organization on the basis of their relevance to the business processes is known as the system/asset classification. The risks majorly include the cyber attacks, the physical attacks over the facility, etc. Yes, it is pretty much important to allocate the protection and security to the assets that are essential for the organization on the basis of their relevance and the degree of criticality. This is important as it would help the organization to manage its critical assets efficiently and effectively.

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