Risk Assessment & Management

Answer the following questions? A. What are the steps of Risk management workflow? B. Your information security team is tasked with the implementation of an information security risk management roadmap for a national bank to be newly established. Answer the following questions: List down 3 resources? List three possible questions that you can use them in order to identify risks? C. Quantitative Risk Analysis. A quantitative risk analysis is a further analysis of the highest priority risks during a which a numerical or quantitative rating is assigned in order to develop a probabilistic analysis of the project. The following Exposure Rating equation is used: Exposure rating = Sensitivity x Severity x Likelihood You are required to explain why each term is needed in exposure rating