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Summary Case Study Phase 2.docx Case Study Phase 2 ISSC 363 American Military University Risk Definition A risk is defined as the likelihood that a particular loss will occur. These losses are caused by threats exposing vulnerabilities. All business organi$5.49
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Summary Case Study Phase 2.docx Case Study Phase 2 ISSC 363 American Military University Risk Definition A risk is defined as the likelihood that a particular loss will occur. These losses are caused by threats exposing vulnerabilities. All business organi
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Case Study Phase Case Study Phase 2 ISSC 363 American Military University Risk Definition A risk is defined as the likelihood that a particular loss will occur. These losses are caused by threats exposing vulnerabilities. All business organizations face risks and the impact of these risks v...
case study phase 2docx case study phase 2 issc 363 american military university risk definition a risk is defined as the likelihood that a particular loss will occur these losses are caused b
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Running head: CASE STUDY PHASE 2 1
Case Study Phase 2
ISSC 363
American Military University
Risk Definition
, CASE STUDY PHASE 2 2
A risk is defined as the likelihood that a particular loss will occur. These losses are
caused by threats exposing vulnerabilities. All business organizations face risks and the impact
of these risks vary from one organization to another. Some risks have a high magnitude, and
could cause the business to collapse. Other risks are minimal with respect to impact and they can
be ignored because the cost of providing the solution is higher than the cost that would be
incurred assuming the risk event occurs.
Company Profile and Risks
Target Corporation is one of the leading companies in the US retail industry. Given its size,
business functions and general company profile, Target Corporation faces multiple risks. These
risks fall under four primary categories:
(1) Risks associated with business functions
Business functions refer to activities that the business is engaged in with the objective of
generating a profit. If these business functions are impaired, the company will be unable to make
sales, leading to loss of revenue. Consider the point of sale at Target Corporation. If the billing
machines are attacked by distributed denial of service (DOS/DDOS), it will be unable to offer
services to its customers. This is because a DOS/DDOS floods the network system of the
company with traffic, denying service to legitimate traffic. Additionally, the company has
recently moved to improve its online presence by joining the ecommerce industry. This means
that the risk profile of the company has significantly increased. Website downtimes or poor
internet connectivity can affect the sales made by the company, leading to losses.
(2) Risks associated with business assets
Gibson defines a business asset as “anything that has a measurable value to the company.”
Assets with the potential of losing value are considered as risks to the company. Asset values
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