Mitigating Risk

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School

Lehigh Carbon Community College *

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Course

527

Subject

Computer Science

Date

Feb 20, 2024

Type

docx

Pages

8

Uploaded by CommodoreField5003 on coursehero.com

Mitigating Risk Tatiana Fleetwood-Mack CIS 527: IT Risk Management Darcel Ford February 11, 2024 1
Mitigating Risk In the ever-evolving landscape of information systems, maintaining robust security measures is critical to protect sensitive data from a myriad of threats. This paper explores various aspects of information system security, including threat, vulnerability, and exploit assessments, tools and methods for physical and logical security controls, considerations when translating risk assessments into mitigation plans, and the differences between risk mitigation plans and contingency plans. Threat, Vulnerability, and Exploit Assessments Threat assessment involves the identification and evaluation of potential risks and dangers that could compromise the confidentiality, integrity, and availability of information systems. Threats can come in various forms, including cyber-attacks, natural disasters, or human errors (Sommestad et al., 2021). One widely used method for threat assessment is the use of threat intelligence platforms. These platforms aggregate and analyze data from various sources to provide real-time information on emerging threats. Tools like ThreatConnect and Recorded Future assist organizations in understanding the current threat landscape, enabling them to proactively implement security measures. Another method for threat assessment is penetration testing, commonly known as ethical hacking. Penetration testing involves simulating a cyber-attack on a system to identify vulnerabilities that malicious actors could exploit (Sommestad et al., 2021). Tools like Metasploit and Nessus are commonly used for penetration testing, allowing security professionals to identify and address potential weaknesses in their systems. Vulnerability assessment focuses on identifying weaknesses within the information systems that could be exploited by attackers. This process involves scanning systems for known 2
vulnerabilities, misconfigurations, or other issues that could compromise security. One effective tool for vulnerability assessment is OpenVAS (Open Vulnerability Assessment System), an open-source solution that scans networks for vulnerabilities and provides detailed reports on potential risks (Sommestad et al., 2021). Another widely used tool is Tenable's Nessus, which conducts thorough vulnerability scans and assists organizations in prioritizing and remediating identified issues. Exploit assessment involves analyzing the potential impact of exploiting identified vulnerabilities and understanding how attackers could take advantage of weaknesses in the system. This process helps organizations prioritize and address vulnerabilities based on the potential risks they pose (Sommestad et al., 2021). One method for exploit assessment is the use of automated exploit frameworks, such as Metasploit. Metasploit not only aids in penetration testing but also provides a comprehensive framework for developing, testing, and executing exploit code against identified vulnerabilities. Additionally, manual analysis by security experts is essential for exploit assessment. This involves a thorough examination of the vulnerabilities to understand their potential consequences and the likelihood of successful exploitation. This human-centric approach ensures a nuanced understanding of the specific context in which vulnerabilities exist. Threat, vulnerability, and exploit assessments are integral components of a comprehensive information security strategy (Sommestad et al., 2021). By understanding the differences between these assessments and employing appropriate tools and methods, organizations can proactively enhance the security posture of their information systems. Continuous evaluation, adaptation, and integration of these assessments into the overall 3
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