CRIMINOLOGY

Risk and Security

Risk and Security

Introduction

The essay is aimed at defining the developed understanding of risk and security in the light of various approaches and themes that have been used to defines the two terms. The essay will expose various types of risks and underlined factors that could be traded off against each other in various decisions taken in an organizational context. Help is taken from examples and scenarios to draw better understanding of these terms back supported with the article and journal references.

It will highlight the ever revealed the relationship between risk and security. The terms could be interrelated in a sense that every time a decision or choice is made, it encompasses hidden risk factors that could turn on the positive results into negative consequences. Finally conclusion is drawn based on the understanding developed throughout this essay

Discussion

Since the creation of this universe, humanity has been surrounded with uncertain elements and events that could be stated as risk. This is the term that has been perplexing humanity consistently. In every society, people are faced with varied choices and decisions about different ways of confronting with risk and security. Actions taken in response could be reckoned to have consequences; therefore, risk could be considered as the extent to which uncertainty will be hidden in these consequences (Borodzicz, 2005: p. 1).

Risk could be defined as the uncertainty of an event occurring or probability that a hazard may turn into a disaster. The two terms, hazard and vulnerability, could not be dangerous if considered separately; however, when they are combined, they increase the likelihood that disaster will be happened (Anonymous, 2004: p. 9). To clearly understand the concept of risk and security, it is important to distinguish between terms risk, vulnerability and threat. Risk could be the probability that selected actions will be leading to an undesired outcome or loss, whereas threat could be a potential cause of an undesired impact on an organization or a system. It might be an unexpected event that causes damage to an organization's goods (Ramona & Cristina, 2011: p. 228).

Vulnerability could be defined as a weakness in procedures of system, system of architecture, internal control, implementation of it and other causes that could be exploited to bypass the system of security and gain an unauthorized access to information. It could represent an act, administrative process or any weakness that can make information about an asset capable to be exploited by a threat (Ramona & Cristina, 2011: p. 229).

Risk has been the key question affecting every dimension of human lifestyle because every time a choice will be made, there are chances that risks will be played off against each other, on the world's particular social understanding. It would be righteous to say that risk had become an omnipresent phenomenon in today's world environment where risk could be a hidden danger lurking beneath everything a person does, from cradle to grave, every moment of human life has been surrounded with a certain kind of risk (Borodzicz, 2005: ...