Risk Assessment on Banks

Risk Assessment on Banks

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Write a 1,050-1,400 word paper identifying the risks and potential effects associated with the areas of the organization related to security, auditing, and disaster recovery. Identification must include tangible and intangible risks and effects. The effects must be quantified in terms of dollars from lost sales, property damage, increased expenses, and so forth.

Perform a risk assessment, addressing the following objectives:

Identify company assets and functions necessary for the business to continue operations following a disaster. These assets and functions are prioritized according to the time in which they are needed and how critical they are to the business function.

For each asset and function, identify existing threats or risks present. The risk assessment identifies the approaches to be implemented for elimination of avoidable risks and the minimization of the risks that are unavoidable. For more information on Risk Assessment on Banks read this: https://en.wikipedia.org/wiki/Financial_risk_management

Risk Assessment on Banks

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