How you manage that risk is what makes businesses successful

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Assignment: Business Drivers for Information Security Policies

It is impossible to eliminate all business risks. In fact, you would not want to. Taking risks and making a return on those risks are essential to business. How you manage that risk is what makes businesses successful. A good policy can reduce the likelihood of risk occurring or reduce its impact. A business must find a way to balance a number of competing drivers.

Some of these drivers include:

• Cost-Keep costs low.

• Customer satisfaction-Keep customer satisfaction high.

• Compliance-Meet regulatory obligations.

• Measurement-Be self-aware and avoid surprises.

and two peer replies

Reference no: EM132516865

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