Information security risk is the procedure of managing risks related to the use of information technology. It contains identifying, assessing, and considering risks to the confidentiality, integrity, and accessibility of an organization’s assets. The objective of this process is to treat risks in accordance with an organization’s complete risk tolerance.
Risk is essentially anything that threatens or edge the ability of an organization to implement its mission. Risk Management should be a group of continuous and developing procedure that are used throughout an organization’s approaches and should methodically address some risks surrounding previous, present and future activities.
The information security risks facing an organization will vary with the feature of the processing implemented by the organization and the sensitivity of the data processed. An accepting of risk and the software of risk assessment methodology is essential to being able to efficiently and effectively make a secure computing environment.
Unfortunately, this is an complex area for information professionals because of the cost of change in technology, the relatively current advent and explosive development of the Internet, and possibly the prevalence of the attitude (or reality) that assessing risk and recognizing return on investment is simply too complex to do.
This has maintain information systems and information systems security in the unsatisfactory position of being unable to systematically identify and monetarily quantify security risks. This has led to unpredictable and improper applications of security solutions and either excessive or insufficient money for such activities.
There are some Information Security Risks which are as follows −
Phishing − Phishing is a simple way to hack the password of some user. In this attack, the hacker request the user to enter his password. In the phishing email, a hacker sent the fake login page to the unsuspected user, which is related to any service, the hacker required to access.
The page requests the user to write some bad issues which it can discover in their security. After that, the page glances at their password. Then the hackers can use that password to receive the sensitive data of the user. When the users are proving us a password happily, then why will it can trouble to crack the password.
Computer Viruses − The computer virus defines specifically to malware adding malicious code into current documents or programs. It spreads itself by several means. Still viruses are treated as the most common type of network security threat. Almost 90% of viruses are spread through connection on e-mails. However, a cautious user action can avoid the spread of virus because virus needed a user action to add itself into a computer.
Malware − Malware is any software that carry harm to a computer system. Malware can be in the structure of worms, viruses, trojans, spyware, adware and rootkits, etc., which steal protected information, delete files or add software not certified by a user.