what controls can mitigate the risk of these threats? course hero

What is the difference between mitigating controls and threats?

The mitigating controls are therefore assigned to appropriate threats. The threats on the other hand are connected to one or more assets, ergo mitigating controls will help protect the asset (s) defined in your risk assessment. The following illustration highlights this relationship.

Do You need A shoring up of your mitigating controls?

One or more of the mitigating controls may need shoring up if you hope to control the level of residual risk. 1. Your business continuity management team. Objectively consider whether there might be any deficiencies within the team itself that could be causing the risk.

What are mitigating controls for the gaming industry?

Information Security and the Gaming Industry. Mitigating controls are the key to reducing threats to assets, in regards to risk management. These mitigating controls can be found within standards, such as ISO/IEC 27001, and suggest measures to take in order to reduce risk to an organization’s assets.

What does a risk mitigation plan do?

They implement risk mitigation plans to reduce risk, craft contingency plans to respond in times of need, and do everything they can to ensure the strength of those plans, making it possible to reach the intended recovery goal.

What is risk mitigation?

Risk mitigation is central to business continuity. It is the act of taking steps to reduce the extent of exposure to a risk and/or the likelihood of its occurrence. The key to reducing your risk lies in the strength of one or more of the mitigating controls for your business continuity program. Each of these controls plays a role in the success ...

Do you need to shoring up the mitigating controls?

Once you’ve considered the answers to the previous questions, it’s time to evaluate each of the controls individually as they apply to the recovery plan. One or more of the mitigating controls may need shoring up if you hope to control the level of residual risk.

What are assets, threats, and mitigation controls?

We have defined Assets, Threats, and Mitigating Controls below: Assets: Assets are any tangible or intangible economic resources which can be owned or used to produce value.

What is the key to reducing threats to assets?

Mitigating controls are the key to reducing threats to assets, in regards to risk management. These mitigating controls can be found within standards, such as ISO/IEC 27001, and suggest measures to take in order to reduce risk to an organization’s assets.

What is a mitigation control?

Mitigating controls are, as stated in the definition, methods used to reduce the overall impact of a threat. The mitigating controls are therefore assigned to appropriate threats. The threats on the other hand are connected to one or more assets, ergo mitigating controls will help protect the asset (s) defined in your risk assessment.