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Assignment 2: Organizational Risk Appetite and Risk
Assessment
Due Week 4 and worth 100 points
Imagine that a software development company has just
appointed you to lead a risk assessment project. The Chief
Information Officer (CIO) of the organization has seen reports
of malicious activity on the rise and has become extremely
concerned with the protection of the intellectual property and
highly sensitive data maintained by your organization. The CIO
has asked you to prepare a short document before your team
begins working. She would like for you to provide an overview
of what the term “risk appetite” means and a suggested process
for determining the risk appetite for the company. Also, she
would like for you to provide some information about the
method(s) you intend to use in performing a risk assessment.
Write a two to three (2-3) page paper in which you:
Analyze the term “risk appetite”. Then, suggest at least one (1)
practical example in which it applies.