Risk Management 101 for IT Professionals Essential Concepts - Identifying IT Risks

The video tutorial discusses methods to identify IT-related risks, focusing on IT security assessments and business analysis. It covers vulnerability assessments, penetration testing, and security assessments, along with IT audits and FISMA compliance. The role of stakeholders in risk identification is also highlighted, emphasizing the importance of contributions from all organizational levels. SWOT analysis and business impact analysis are presented as tools for identifying risks.

Describe what a security assessment entails.

What does SWOT analysis stand for and how is it used in risk identification?