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In order to successfully manage risk, one must understand risk itself and the assets at risks. The way one goes about managing risk will depend on what needs to be protected, and from what to protect it. Write a three to four (3-4) page paper in which you: Explain at least two (2) different risk assessment methodologies. Describe the key approaches to identifying threats relevant to a particular organization. Describe different types of assets that need protection. Explain the relationship between access and risk, and identify the tradeoffs of restricting access to the organization’s assets. Use at least two (2) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources. Your assignment must follow these formatting requirements: Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are: Describe the components of an effective organizational risk management program. Use technology and information resources to research issues in IT risk management. Write clearly and concisely about topics related to IT risk management using proper writing mechanics and technical style conventions. Points: 120 Assignment 2: Assets and Risk Management Criteria Unacceptable Below 70% F Fair 70-79% C Proficient 80-89% B Exemplary 90-100% A 1. Explain at least two (2) different risk assessment methodologies. Weight: 20% Did not submit or incompletelyexplained at least two (2) different risk assessment methodologies. Partially explained at least two (2) different risk assessment methodologies. Satisfactorily explained at least two (2) different risk assessment methodologies. Thoroughly explained at least two (2) different risk assessment methodologies. 2. Describe the key approaches to identifying threats relevant to a particular organization. Weight: 20% Did not submit or incompletely described the key approaches to identifying threats relevant to a particular organization. Partially described the key approaches to identifying threats relevant to a particular organization. Satisfactorily described the key approaches to identifying threats relevant to a particular organization. Thoroughly described the key approaches to identifying threats relevant to a particular organization. 3. Describe different types of assets that need protection. Weight: 20% Did not submit or incompletelydescribed different types of assets that need protection. Partially described different types of assets that need protection. Satisfactorily described different types of assets that need protection. Thoroughly described different types of assets that need protection. 4. Explain the relationship between access and risk, and identify the tradeoffs of restricting access to the organizations assets. Weight: 25% Did not submit or incompletelyexplained the relationship between access and risk, and identified the tradeoffs of restricting access to the organizations assets. Partially explained the relationship between access and risk, and identified the tradeoffs of restricting access to the organizations assets. Satisfactorily explained the relationship between access and risk, and identified the tradeoffs of restricting access to the organizations assets. Thoroughly explained the relationship between access and risk, and identified the tradeoffs of restricting access to the organizations assets. 5. 2 references Weight: 5% No references provided. Does not meet the required number of references; some or all references poor quality choices. Meets number of required references; all references high quality choices. Exceeds number of required references; all references high quality choices. 6. Clarity, writing mechanics, and formatting requirements Weight: 10% More than 6 errors pr

In order to successfully manage risk, one must understand risk itself and the assets at risks. The way one goes about managing risk will depend on what needs to be protected, and from what to protect it.

Write a three to four (3-4) page paper in which you:

  1. Explain at least two (2) different risk assessment methodologies.
  2. Describe the key approaches to identifying threats relevant to a particular organization.
  3. Describe different types of assets that need protection.
  4. Explain the relationship between access and risk, and identify the tradeoffs of restricting access to the organization’s assets.
  5. Use at least two (2) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

  • Describe the components of an effective organizational risk management program.
  • Use technology and information resources to research issues in IT risk management.
  • Write clearly and concisely about topics related to IT risk management using proper writing mechanics and technical style conventions.
Points: 120 Assignment 2: Assets and Risk Management
Criteria Unacceptable

Below 70% F

Fair

70-79% C

Proficient

80-89% B

Exemplary

90-100% A

1. Explain at least two (2) different risk assessment methodologies.

Weight: 20%

Did not submit or incompletelyexplained at least two (2) different risk assessment methodologies. Partially explained at least two (2) different risk assessment methodologies. Satisfactorily explained at least two (2) different risk assessment methodologies. Thoroughly explained at least two (2) different risk assessment methodologies.
2. Describe the key approaches to identifying threats relevant to a particular organization.

Weight: 20%

Did not submit or incompletely described the key approaches to identifying threats relevant to a particular organization. Partially described the key approaches to identifying threats relevant to a particular organization. Satisfactorily described the key approaches to identifying threats relevant to a particular organization. Thoroughly described the key approaches to identifying threats relevant to a particular organization.
3. Describe different types of assets that need protection.

Weight: 20%

Did not submit or incompletelydescribed different types of assets that need protection. Partially described different types of assets that need protection. Satisfactorily described different types of assets that need protection. Thoroughly described different types of assets that need protection.
4. Explain the relationship between access and risk, and identify the tradeoffs of restricting access to the organizations assets.

Weight: 25%

Did not submit or incompletelyexplained the relationship between access and risk, and identified the tradeoffs of restricting access to the organizations assets. Partially explained the relationship between access and risk, and identified the tradeoffs of restricting access to the organizations assets. Satisfactorily explained the relationship between access and risk, and identified the tradeoffs of restricting access to the organizations assets. Thoroughly explained the relationship between access and risk, and identified the tradeoffs of restricting access to the organizations assets.
5. 2 references

Weight: 5%

No references provided. Does not meet the required number of references; some or all references poor quality choices. Meets number of required references; all references high quality choices. Exceeds number of required references; all references high quality choices.
6. Clarity, writing mechanics, and formatting requirements

Weight: 10%

More than 6 errors pr

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