It’s completely acceptable and a lot of fun each year to take some risks and place some bets when the Kentucky Derby is run. The riskiness of the horse you choose is usually based on a personal hunch, minimal research or discussions with a spouse, family or friends. The amount of loss is known up front and may or may not have anything to do with the riskiness of the horse selected.
If only all risk assessment was so easy. When you look at real life risk assessment as it relates to your company’s information assets, it’s a very complicated issue. Here are some basic points that should be considered when trying to protect (aka mitigate risk to) your information assets like documents and data. Avoiding a data breach is a bet that you really want to win.text