All the organisations must adopt the risk assessment procedures in their premises and Microsoft being a Fortune 500 is no exception and being a security consultant of the company it is his responsibility to analyse the risks’ scope, the purpose of risk assessment and selection of risk assessment methodologies and the report will showcase those.
The risk assessment is performed in Microsoft for the following benefits
The risk scope includes the following-
Microsoft has their individual risk and security assessment tools to secure their system and company. The Microsoft Security Assessment Tool analyse the threats and risks associated with people, procedures and the techniques and technology. All the analysis is done following the rules, regulations, standards and policies of the company. After all the analysis is done, a report is prepared where the risks can be measured and compared and can provide solutions for mitigating the risks (Bahr, 2014). The Microsoft Security Assessment Tool focuses on five categories of the risk assessment- identification of the risks associated that may cause threat to the organization, the organisations and the individuals who may get harmed, assessing the risks and then taking action accordingly, preparing a report to keep hold of the record and finally reviewing of the risk assessments (Alfonsi et al., 2013).
It can be concluded from the above discourse Microsoft being a tech giant must be aware of all the security risks and threats and so they must maintain the security methodologies, the report highlighted all the security and risk scopes, the necessity of risk assessment in details. Microsoft being a renowned fortune 500 company must be aware of the risks all the time and so, they should focus on the assassination of the risks and then taking immediate actions, otherwise, any kind of security breach will cost them too much.
Alfonsi, A., Rabiti, C., Mandelli, D., Cogliati, J., & Kinoshita, R. (2013, May). Raven as a tool for dynamic probabilistic risk assessment: Software overview. In Proceeding of M&C2013 International Topical Meeting on Mathematics and Computation.
Bahr, N. J. (2014). System safety engineering and risk assessment: a practical approach. CRC Press.
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