Multi Faceted Risk Management Project - 1400 Words

Multi-Faceted Risk Management The multi-faceted risk management approach is when you put in place the needed precautions such as risk profile to protect yourself to the best of your ability. With this approach we realize that 100% secure is probably not attainable, and is even more likely not sustainable [1]. This means that there is really no possible way to make ourselves completely bullet-proof from attackers, while still keeping our ability to interact with the New World and use cyber-space. But the overall goal of this multi-faceted risk management approach is to make the return on investment for the hacker so low that they will give up and go elsewhere [1]. Why would the hacker just give up and go elsewhere? Well if you are secure to the point that the hacker is not skilled enough to get past your defense systems, and they do not want to spend the days, weeks, or months of time to find an exploit to make their way into your system, then they will just end up moving along to som eone else that isn’t as secure as you. Hackers generally aren’t going to waste large amounts of time such as months trying to break into your secure system. They want to cause damage as soon as possible, or they want to obtain financial gain soon as possible. So if you are secure to the point that they cannot find a way into your system within a reasonable amount of time, they will just go find their way into someone else’s system that is not secure. Risk Profile To utilize the multi-facetedShow MoreRelatedPman 638847 Words   |  4 Pagesdata to buttress his argument in support of, rather adopting a multi-pronged approach to effecting change, by so doing embracing alternative strategies working in tandem to achieve a common objective. This was shown to be an effective weapon for the leaders who succeeded more consistently in combating resistance and the inevitable road blocks that emerge, than those who used the one dimensional approach. 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