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You're reading from  Information Security Handbook

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Published inDec 2017
Publisher
ISBN-139781788478830
Edition1st Edition
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Author (1)
Darren Death
Darren Death
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Darren Death

Darren Death is ASRC Federal's Chief Information Security Officer. He is responsible for managing the enterprise cybersecurity program across a 3 billion-dollar portfolio of business sectors, including financial services, government contracting, and construction. A proven technology leader with over 20 years of experience deploying enterprise systems for large private and public organizations, Darren Death has led, designed, and implemented large-scale, organizational-wide enterprise IT systems with far-reaching impact. Before joining ASRC Federal, while at the Department of Justice, he was responsible for creating a nationwide enterprise processing capability across the US Attorney, Marshalls Service, and the Bureau of Alcohol, Tobacco, and Firearms divisions. At the Library of Congress, Darren was responsible for all emerging technologies related to information security. He holds a doctoral degree in information technology, specializing in information assurance and cybersecurity.
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Calculating risk


In this section, we will look at the difference between qualitative and quantitative risk assessments.

Qualitative risk analysis

A qualitative risk assessment is based on an individual's perception regarding the probability that a particular risk may occur at a given time, and whether that risk will have a genuine impact on the organization. The key thing to understand about qualitative risk assessments is that they do not utilize any mathematical calculation method to calculate a certain risk. As a result, qualitative risk analysis is relatively easy to perform and is typically the type of risk assessment that is performed by the information security professional.

The qualitative risk assessment provides a method where the information security professional can rank risk on a subjective scale as seen in the following, where risk is ranked high, medium, or low.

Qualitative risk assessments are not as precise as quantitative risk assessments as they do not contain a mathematical...

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Information Security Handbook
Published in: Dec 2017Publisher: ISBN-13: 9781788478830

Author (1)

author image
Darren Death

Darren Death is ASRC Federal's Chief Information Security Officer. He is responsible for managing the enterprise cybersecurity program across a 3 billion-dollar portfolio of business sectors, including financial services, government contracting, and construction. A proven technology leader with over 20 years of experience deploying enterprise systems for large private and public organizations, Darren Death has led, designed, and implemented large-scale, organizational-wide enterprise IT systems with far-reaching impact. Before joining ASRC Federal, while at the Department of Justice, he was responsible for creating a nationwide enterprise processing capability across the US Attorney, Marshalls Service, and the Bureau of Alcohol, Tobacco, and Firearms divisions. At the Library of Congress, Darren was responsible for all emerging technologies related to information security. He holds a doctoral degree in information technology, specializing in information assurance and cybersecurity.
Read more about Darren Death