Expand on the area of IT Assets for network components, types of hardware, types of software and please consider types of data and information that requires protection from these threats. Please add these as more rows to the table attached. In addition, please use the attached template to fill in the new columns to complete this matrix. prioritize your selected risk responses from the last step based on several factors:
The economic impact to the organization should the assessed risk occur.
The likelihood (probability) of an event that would activate the risk.
The arrangement of assets ranked by priority based on the highest value of the following formula: (economic impact) X (probability) = risk
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