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  5. CSSLP Domain 1:2 Risk Management

Types of Risks

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Overview
Difficulty
Intermediate
Duration
40m
Students
10
Ratings
5/5
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Description

This course is one of four courses covering Domain 1 of the CSSLP. This course explores the topic of risk management.

Learning Objectives

The objectives of this course are to provide you with an understanding of:

  • Risk management problem space and management flow

  • Definitions, terminology, and types of risks

  • Control Categories and Functions

  • Cost-Benefit Assessment

  • General Risk Assessment Model

  • Overall Control Objectives

Intended Audience

This course is designed for those looking to take the Certified Secure Software Lifecycle Professional (CSSLP)​ certification.

Prerequisites

Any experience relating to information security would be advantageous, but not essential.  All topics discussed are thoroughly explained and presented in a way allowing the information to be absorbed by everyone, regardless of experience within the security field.

Feedback

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Transcript

Now in looking at the types of risk, we have to consider that certain kinds of risks will have to be handled in particular ways. Now defining risk itself, this is a business risk that will take the form of some kind of negative impact. It'll typically react against revenue or contracts and their deliverables. It will act negatively against our ability to comply with regulatory sources. It could be the result of fraud or embezzlement. It could be something that harms our business's ability to maintain its business, stay in business, or it could be simply a technological failure or disruption.

Technology risks themselves are impacts caused by or through technologies, which the business depends upon. These can be security failures. They can be privacy breaches. It can be the consequence of poorly-managed change or project mismanagement or a host of other reasons. But the technology risks are of great importance because, increasingly, businesses rely almost to a fatal extent on the technology of systems and therefore get most of our attention.

About the Author
Avatar
Ross Leo
Instructor
Students
3561
Courses
47
Learning Paths
6

Mr. Leo has been in Information System for 38 years, and an Information Security professional for over 36 years.  He has worked internationally as a Systems Analyst/Engineer, and as a Security and Privacy Consultant.  His past employers include IBM, St. Luke’s Episcopal Hospital, Computer Sciences Corporation, and Rockwell International.  A NASA contractor for 22 years, from 1998 to 2002 he was Director of Security Engineering and Chief Security Architect for Mission Control at the Johnson Space Center.  From 2002 to 2006 Mr. Leo was the Director of Information Systems, and Chief Information Security Officer for the Managed Care Division of the University of Texas Medical Branch in Galveston, Texas.

 

Upon attaining his CISSP license in 1997, Mr. Leo joined ISC2 (a professional role) as Chairman of the Curriculum Development Committee, and served in this role until 2004.   During this time, he formulated and directed the effort that produced what became and remains the standard curriculum used to train CISSP candidates worldwide.  He has maintained his professional standards as a professional educator and has since trained and certified nearly 8500 CISSP candidates since 1998, and nearly 2500 in HIPAA compliance certification since 2004.  Mr. leo is an ISC2 Certified Instructor.