Risk Management 101 for IT Professionals Essential Concepts - Course Recap and Conclusion

This video tutorial covers an entry-level IT risk management course. It begins with an introduction to key concepts such as risks, issues, assets, threats, and vulnerabilities. The course then explains the importance of risk management and explores methods for risk identification and assessment, including qualitative and quantitative approaches. It discusses risk responses like acceptance, avoidance, transference, and mitigation, along with security controls. The tutorial introduces the risk register and risk monitoring, and concludes with reasons why risk management may fail. Finally, it offers recommendations for further study in enterprise risk management.

Can you explain the different types of risk responses mentioned in the course?

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What are some key takeaways regarding why risk management fails?

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