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Risk management and analysis: inside risk assessment - part 2 E-mail
The internal factors include historical data from within the entity, collected in time, as it is necessary to keep a record of all processed data, no matter if for the moment it is thought that the data will not be useful in the future.
And when we talk about external factors, we are talking about those factors undergoing STEEP analyses (Social, Technological, Economic, Environmental, Political), factors that cannot be controlled but that could be anticipated. Here are also included the events from the company’s activity, such as natural disasters or terrorist attacks, attacks against informational systems (informational viruses, spam, DoS type attacks etc.).
Third, if we come closer to the electronic business environment and the fact that one of the elements of this environment is the informational system, we must not ignore the software risk, which represents the combination between the probabilities of occurrence and the loss caused by an unwanted result which affects the project, the process or the software product.
Fourth, the moment suitable to launch a risk assessment process must be identified. We thus differentiate between a corrective action and a preventive action. Risk assessment is a preventive action, so it is necessary to take place before the unfortunate event.




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